reGeneration Education 2019 Annual Report

REGENERATION EDUCATION STATEMENT OF
FINANCIAL POSITION
FOR FISCAL YEAR 2018-2019
ASSETS
CURRENT ASSETS
CASH.......................................................................................$85,920.10
ACCOUNTS RECEIVABLE.....................................................-$600.00
LOAN RECEIVABLE...............................................................$129.31
FIXED ASSETS
COMPUTER EQUIPMENT..........................................................$5669.10
TOTAL ASSETS...........................................................$91,118.51
LIABILITIES & EQUITY
LIABILITIES
CREDIT CARD.........................................................................$57.94
EQUITY
EXCHANGE..............................................................................$300.00
RETAINED EARNINGS............................................................$74,203.26
NET INCOME..........................................................................$16,557.31
TOTAL EQUITY...........................................................$91,060.57
TOTAL LIABILITIES & EQUITY................................$91,118.51
REGENERATION EDUCATION STATEMENT OF
REVENUE & EXPENSES
FOR FISCAL YEAR 2018 - 2019
INCOME
DONATIONS........................................................................$118,658.00
EVENT INCOME..................................................................$726.20
TOTAL INCOME........................................................$119,384.20
GROSS PROFIT..........................................................$119,384.20
EXPENSES
FUNDRAISING EXPENSES.................................................$1,679.87
MANAGEMENT AND GENERAL EXPENSES.....................$55,402.50
PROGRAM SERVICES
EDUCATION...........................................................$5,226.59
GRANTS..................................................................$40,447.93
WIRE FEES..............................................................$70.00
TOTAL PROGRAM SERVICES............................................$45,744.52
TOTAL EXPENSES....................................................$102,826.89
NET INCOME.............................................................$16,557.31
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