Kids for the Kingdom 2018 Independent Financial Audit
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KIDS FOR THE KINGDOM, INC.<br />
STATEMENT OF ACTIVITIES<br />
FOR THE YEAR ENDED DECEMBER 31, <strong>2018</strong><br />
WITH SUMMARIZED TOTALS FOR THE YEAR ENDED DECEMBER 31, 2017<br />
Totals<br />
Without Donor With Donor<br />
Restrictions Restrictions <strong>2018</strong> 2017<br />
SUPPORT AND REVENUES<br />
Contributions $176,397 $176,397 $171,308<br />
Bequest (Note 3) $15,000,000 15,000,000<br />
Campaign 26,374 26,374 31,249<br />
Grants 158,387 158,387 115,865<br />
In-kind contributions (Note 4) 15,220 15,220 16,920<br />
Investment income 273 2,564,239 2,564,512 24<br />
Donated securities 50,244 50,244 118,851<br />
Unrealized gain (loss) on investments, net (2,172) (2,172) 6,677<br />
Total Support and Revenues 424,723 17,564,239 17,988,962 460,894<br />
EXPENSES<br />
Program 421,553 421,553 405,236<br />
Management and general 56,887 56,887 51,074<br />
Fundraising<br />
Total Expenses 478,440 478,440 456,310<br />
Changes in Net Assets (53,717) 17,564,239 17,510,522 4,584<br />
Net Assets at beginning of year, as restated (Note 1N) 61,619 61,619 57,035<br />
Net Assets at end of year $7,902 $17,564,239 $17,572,141 $61,619<br />
See accompanying notes to financial statements<br />
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