in these hands - Boys and Girls Clubs of Boston
in these hands - Boys and Girls Clubs of Boston
in these hands - Boys and Girls Clubs of Boston
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oys & girls clubs <strong>of</strong> boston 2008 annual report page 71<br />
INdEPENdENT AUdITOR’S REPORT<br />
to the board <strong>of</strong> Directors<br />
the boys <strong>and</strong> girls clubs <strong>of</strong> boston, <strong>in</strong>c.<br />
boston, Massachusetts<br />
We have audited the accompany<strong>in</strong>g statements <strong>of</strong> f<strong>in</strong>ancial position <strong>of</strong> the boys <strong>and</strong> girls clubs <strong>of</strong> boston, <strong>in</strong>c.<br />
(the “organization”) as <strong>of</strong> June 30, 2008 <strong>and</strong> 2007, <strong>and</strong> the related statements <strong>of</strong> activities, functional expenses<br />
<strong>and</strong> cash flows for the years then ended. <strong>these</strong> f<strong>in</strong>ancial statements are the responsibility <strong>of</strong> the organization’s<br />
management. our responsibility is to express an op<strong>in</strong>ion on <strong>these</strong> f<strong>in</strong>ancial statements based on our audits.<br />
We conducted our audits <strong>in</strong> accordance with audit<strong>in</strong>g st<strong>and</strong>ards generally accepted <strong>in</strong> the united states <strong>of</strong><br />
america. those st<strong>and</strong>ards require that we plan <strong>and</strong> perform the audit to obta<strong>in</strong> reasonable assurance about<br />
whether the f<strong>in</strong>ancial statements are free <strong>of</strong> material misstatement. an audit <strong>in</strong>cludes exam<strong>in</strong><strong>in</strong>g, on a test<br />
basis, evidence support<strong>in</strong>g the amounts <strong>and</strong> disclosures <strong>in</strong> the f<strong>in</strong>ancial statements. an audit also <strong>in</strong>cludes<br />
assess<strong>in</strong>g the account<strong>in</strong>g pr<strong>in</strong>ciples used <strong>and</strong> significant estimates made by management, as well as<br />
evaluat<strong>in</strong>g the overall f<strong>in</strong>ancial statement presentation. We believe that our audits provide a reasonable<br />
basis for our op<strong>in</strong>ion.<br />
<strong>in</strong> our op<strong>in</strong>ion, the f<strong>in</strong>ancial statements referred to above present fairly, <strong>in</strong> all material respects, the f<strong>in</strong>ancial<br />
position <strong>of</strong> the boys <strong>and</strong> girls clubs <strong>of</strong> boston, <strong>in</strong>c. as <strong>of</strong> June 30, 2008 <strong>and</strong> 2007, <strong>and</strong> the changes <strong>in</strong> their<br />
net assets <strong>and</strong> their cash flows for the years then ended <strong>in</strong> conformity with account<strong>in</strong>g pr<strong>in</strong>ciples generally<br />
accepted <strong>in</strong> the united states <strong>of</strong> america.<br />
burl<strong>in</strong>gton, Massachusetts<br />
november 3, 2008<br />
The accompany<strong>in</strong>g notes are an <strong>in</strong>tegral part <strong>of</strong> <strong>these</strong> f<strong>in</strong>ancial statements. To review the complete document,<br />
please visit http://www.bgcb.org, <strong>and</strong> click on “About Us” <strong>and</strong> “Annual Reports.”