annual review 2008 - Westchester Jewish Community Services

12
FINANCIAL STATEMENT
visit our website at www.wjcs.com
Westchester Jewish Community Services
and Affiliates Combined Statements of Financial Position
as of June 30, 2008 and 2007
Westchester Jewish Community Services
and Affiliates Combined Statements of Activities
For The Years Ended June 30, 2008 and 2007
2008 2007
Assets
Cash and Cash Equivalents 826,977 709,980
Receivables 4,393,379 5,499,310
Investments 21,105,567 19,175,001
Property and Equipment Net 10,569,983 9,065,483
Other Assets 408,125 417,331
Total Assets 37,304,031 34,867,105
Liabilities
Accrued Expenses and Other Payables 8,486,102 7,968660
Loans Payable 5,999,256 4,858,680
Total Liabilities 14,485,358 12,827,340
Net Assets
Unrestricted 10,417,423 10,134,677
Temporarily Restricted 12,401,250 11,905,088
Total Net Assets 22,818,673 22,039,765
Total Liabilities And Net Assets 37,304,031 34,867,105
The complete audited financial statements including related notes and the Lederer, Levine & Associates, LLC
opinion as independent auditors, may be obtained by writing to Westchester Jewish Community Services,
845 North Broadway, White Plains, NY 10603 or to the New York State Department of Law, Charities Bureau,
120 Broadway, New York, NY 10271. WJCS has met all standards of the Better Business Bureau Philanthropic
Advisory Service and is listed in the New York Giving Guide.
Our IRS Form 990 can be accessed by going to this web address: www.wjcs.com/pdf/990.pdf
2007 2006
Support And Revenue-Operating Public Support
UJA/Federation 1,822,465 1,862,346
Contributions and Grants 3,129,673 3,371,356
Total Public Support 4,952,138 5,233,702
Revenue
Fees and Grants from Government Agencies 23,749,768 21,098,035
Non-Government Fees and Other 2,287,297 2,309,329
Investment and Rental Income 1,023,965 847,827
Total Revenue 27,061,030 24,255,191
Total Support and Revenue 32,013,168 29,488,893
Expenses
Program Services - Clinic 7,224,591 6,944,782
Program Services - Community Based 7,832,756 6,741,223
Program Services - Services for Developmentally Disabled 8,592,767 8,501,780
Program Services - Home Care 2,990,916 2,812,109
Management and General 3,711,611 3,569,352
Fundraising and Development 260,522 211,435
Total Expenses 30,613,163 28,780,681
Change In Net Assets - Operating 1,400,005 708,212
Non-Operating Revenue
Unrealized Gain on Investments (621,097) 2,064,475
Change In Net Assets 778,908 2,772,687