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2005-2006 Annual Report - The International Eye Foundation

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SUMMARIZED STATEMENT OF ACTIVITY<br />

AND CHANGES IN NET ASSETS<br />

19<br />

INTERNATIONAL EYE FOUNDATION<br />

Public Support & Revenue<br />

Year Ended<br />

June 30, <strong>2006</strong><br />

Year Ended<br />

June 30, <strong>2005</strong><br />

Public Support – Received Directly<br />

(Contributions from Individuals, Corporations<br />

8,615,240 12,950,280<br />

and <strong>Foundation</strong>s)<br />

Grants from Governmental Agencies 603,160 732,586<br />

Other Revenue (Dues, Interest and<br />

Dividends, Net Unrealized and Realized<br />

Gains/(losses) on Marketable Securities,<br />

Other Income)<br />

90,606 80,625<br />

Total Public Support & Revenue 9,309,006 13,763,491<br />

Expenses<br />

Program Services 8,319,186 13,034,437<br />

Management and General 235,326 192,999<br />

Fund Raising 349,787 457,780<br />

Total Expenses 8,904,299 13,685,216<br />

Change in Net Assets 404,707 78,275<br />

Net Assets, Beginning of Year 1,999,620 1,921,345<br />

Net Assets, End of Year 2,404,327 1,999,620<br />

Please note that this is an abbreviated Statement of Activities and Changes in Net<br />

Assets. A complete audited financial statement with auditor’s opinion may be obtained<br />

by contacting:<br />

<strong>International</strong> <strong>Eye</strong> <strong>Foundation</strong><br />

Public Affairs Office<br />

10801 Connecticut Avenue<br />

Kensington, MD 20895<br />

Telephone: 240-290-0263<br />

Or you may contact:<br />

Maryland Office of the Secretary of<br />

State<br />

Charitable Division<br />

State House<br />

Annapolis, MD 21401

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