2008 Annual Report - Friends of the Children
2008 Annual Report - Friends of the Children
2008 Annual Report - Friends of the Children
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<strong>2008</strong> Audited<br />
Financial Summary<br />
45% Special Events<br />
27% Foundations<br />
13% Individual<br />
8% Corporate<br />
7% Portland <strong>Children</strong>’s<br />
Investment Fund<br />
84% Program Services<br />
$2,736,897<br />
12% Fundraising Costs<br />
$384,670<br />
4% Administrative Services<br />
$143,548<br />
Statement <strong>of</strong> Financial Position<br />
from Audited Statement for <strong>the</strong> Fiscal Year ending August 31, <strong>2008</strong><br />
Assets<br />
Cash and cash equivalents<br />
Pledges receivable<br />
Prepaid expenses<br />
Equipment, net <strong>of</strong> accumulated<br />
depreciation<br />
Total assets<br />
Liabilities<br />
Accounts payable and accrued liabilities<br />
Deferred Revenue<br />
Total Liabilities<br />
Net assets:<br />
Unrestricted net assets<br />
Temporarily restricted net assets<br />
Total net assets<br />
Total liabilities and net assets<br />
<strong>2008</strong><br />
$1,432,132<br />
943,119<br />
40,943<br />
97,356<br />
$2,513,550<br />
$214,758<br />
66,624<br />
$281,382<br />
$1,915,315<br />
1,036,853<br />
$2,232,168<br />
$2,513,550
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