Non Profit Organization Balance Sheet by tgx16841

VIEWS: 1,135 PAGES: 9

More Info
									                      COMMUNITY HEALTH CHARITIES OF MAINE

                                     Balance Sheet
                                        June 30

                                                                                      2008          2007
Assets

 Cash                                                                             $ 92,252.45    $ 48,420.67
 Pledges Receivable - Local Campaign CHC 2005                                             -        20,141.40
 Pledges Receivable - National Campaign CHC 2006                                          -         3,572.04
 Pledges Receivable - National Campaign CFC 2006                                          -        30,096.65
 Pledges Receivable - Local Campaign CHC 2006                                             -        95,974.06
 Pledges Receivable - Local Campaign CFC 2006                                             -        66,466.90
 Pledges Receivable - National Campaign CFC 2007                                    15,675.48            -
 Pledges Receivable - Local Campaign CFC 2007                                       33,548.07            -
 Pledges Receivable - Local Campaign CHC 2007                                       20,277.07            -


          Total Assets                                                            $ 161,753.07   $ 264,671.72




Liabilities
  Pledges Payable - Local Campaign 2005                                                    -       28,622.19
  Pledges Payable - National Campaign 2006                                            9,050.10     38,085.26
  Pledges Payable - Local Campaign 2006                                              21,512.03    197,467.28
  Pledges Payable - National Campaign 2007                                           23,480.77           -
  Pledges Payable - Local Campaign 2007                                             107,213.18           -


          Total Liabilities                                                         161,256.08    264,174.73



Federation Agencies Equity                                                              496.99        496.99



          Total Liabilities and Federation Agencies Equity                        $ 161,753.07   $ 264,671.72




                     See accountants' report and accompanying notes to financial statements
                           COMMUNITY HEALTH CHARITIES OF MAINE

                                       Statement of Activities
                                   For The Years Ended June 30



                                                                                       2008             2007

PUBLIC SUPPORT

  National contributions                                                          $ 34,775.74      $ 45,771.57
  Local contributions                                                              209,505.45       268,643.58

          Total Public Support & Revenue                                              244,281.19       314,415.15



EXPENSES

  Program services                                                                    209,901.58       280,267.08
  Management & general                                                                 10,108.89         9,986.55
  Fund raising                                                                         24,270.72        24,161.52

          Total Expenses                                                          $ 244,281.19     $ 314,415.15


Excess of expenses over public support                                                        -                -

Member agencies equity, beginning of year                                         $      496.99    $      496.99

Member agencies equity, end of period                                             $      496.99    $      496.99




                     See accountants' report and accompanying notes to financial statements
                            COMMUNITY HEALTH CHARITIES OF MAINE

                                      Statement of Functional Expenses


                                  For The Year Ended June 30, 2008


                                                                                         Management
                                                                   Program                  and                                       Total
                                                                   Services                General             Fund Raising         Expenses


Distributions to members - national                           $          23,539.15   $              -      $              -     $        23,539.15
   campaign
Distributions to members - local                                     141,810.28                                                         141,810.28
   campaign
Consulting fees                                                          33,338.99            6,061.63              21,215.70            60,616.32
Telephone                                                                   619.97              185.99                 433.97             1,239.93
Office & supplies                                                         1,010.08              183.65                 642.77             1,836.50
Postage & shipping                                                          366.75              133.36                 166.69               666.80
Travel & meetings                                                           832.43              118.92                 237.85             1,189.20
Printing                                                                  1,000.05               90.91                 727.31             1,818.27
Accounting fees                                                                -              2,500.00                    -               2,500.00
Dues & fees                                                               5,200.28              650.03                 650.03             6,500.34
Marketing                                                                 1,522.40                 -                      -               1,522.40
Web site expenses                                                           180.00               24.00                  36.00               240.00
Insurance                                                                   480.00              160.00                 160.00               800.00
Bank & misc expenses                                                          1.20                0.40                   0.40                 2.00


           Total Expenses                                     $      209,901.58      $       10,108.89     $        24,270.72   $       244,281.19


                                  For The Year Ended June 30, 2007


                                                                                         Management
                                                                   Program                  and                                       Total
                                                                   Services                General             Fund Raising         Expenses


Distributions to members - national                           $          40,283.94   $              -      $              -     $        40,283.94
   campaign
Distributions to members - local                                     197,467.28                                                         197,467.28
   campaign
Consulting fees                                                          33,216.95            6,039.45              21,138.06            60,394.46
Telephone                                                                   642.13              192.63                 449.49             1,284.25
Office & supplies                                                           648.97              118.00                 412.98             1,179.95
Postage & shipping                                                          397.56              144.56                 180.71               722.82
Travel & meetings                                                         1,342.99              191.86                 383.71             1,918.57
Printing                                                                  1,237.52              112.50                 900.02             2,250.04
Accounting fees                                                                -              2,500.00                    -               2,500.00
Dues & fees                                                               3,841.71              480.21                 480.21             4,802.12
Marketing                                                                   485.00                 -                      -                 485.00
Web site expenses                                                           135.00               18.00                  27.00               180.00
Insurance                                                                   480.00              160.00                 160.00               800.00
Bank & misc expenses                                                         88.03               29.34                  29.34               146.72


           Total Expenses                                     $      280,267.08      $        9,986.55     $        24,161.52   $       314,415.15

                                           See accountants' report and accompanying notes to financial statements
                              COMMUNITY HEALTH CHARITIES OF MAINE

                                   Notes to Financial Statements

                                         June 30, 2008


1 Summary of Significant Accounting Policies


  Description of Purpose

     Community Health Charities of Maine is a non profit charitable organization which, as
      an affiliate of National Health Agencies, has joined with other non profit organizations to coordinate
      a single campaign to encourage financial support for various charitable organizations.
      Community Health Charities honors designations made to each member organization.

  Accounting

     The financial statements are prepared on the accrual method of fund accounting in accordance
      with the industry audit guide for Voluntary Health and Welfare Organizations.

  Pledges and Contributions

     Pledges and contributions are considered to be available for unrestricted use unless specifically
       restricted by the donor. Support and expenses are recognized based upon the pledge campaign
       which runs from September to August of the previous year. Prior years pledge writeoffs or recoveries
       are taken into the fund in the current year and decrease, or increase, amounts available for
       distributions. Pledges can be changed, or cancelled, at any time with out recourse.

  Income Taxes

     Community Health Charities of Maine is exempt from federal income taxes under
      section 501(c)(3) of the Internal Revenue Code.
      Community Health Charities of Maine also has been determined by the Internal
      Revenue Service not to be a "private foundation" within the meaning of Section 509(a) of the code.

  Pledges Receivable

     Community Health Charities of Maine operates in Maine and receives pledges through payroll
      deductions from employees of local communities and federal installations in that geographic area.

2 Change in Year End

   During the calendar year 2004 Community Health Charities of Maine changed their year end to June 30
     in order to conform to the national organization.




                                           See accountants' report
            COMMUNITY HEALTH CHARITIES OF MAINE

                    Notes to Financial Statements
                     For The Years Ended June 30



3    Distributions to Member Agencies


Funds distributed from Local contributions to member agencies
 were as follows:


                                                                               2008              2007

ALS Association                                                                  2,867.46          2,184.11
Alzheimer's Association                                                          4,936.32         12,411.18
American Diabetes Association                                                    4,795.95         18,824.50
American Heart Association                                                       3,968.10          9,544.46
American Kidney Fund                                                               879.16               -
American Lung Association                                                        4,915.67         10,179.39
Arthritis Foundation                                                             2,366.61          3,566.65
Brain Injury Association of Maine                                                2,438.96          3,479.12
Crohn's & Colitis Foundation                                                     3,205.26          4,721.93
Cystic Fibrosis Foundation                                                       2,996.49          4,623.39
Family Planning Association of Maine                                             2,966.76          3,134.10
Juvenile Diabetes Foundation International                                       2,971.70          6,475.64
Maine Cancer Foundation                                                          5,008.33         12,008.97
Maine Parkinson Society                                                          2,120.25          2,007.65
Maine SIDS Foundation                                                            1,795.49          1,602.34
March of Dimes                                                                   3,000.46          3,772.91
Muscular Dystrophy Association                                                   2,546.11          3,058.53
National Kidney Foundation of Maine                                              2,644.49          3,934.79
National Multiple Sclerosis Society                                              3,709.21          6,049.10
Children's Tumor Foundation                                                      1,555.83          1,408.58
New England Hemophilia Association                                               1,521.72          1,412.25
Pine Tree Society for Handicapped
    Children & Adults                                                            4,339.58          6,402.69
St. Jude Children's Research Hospital                                            6,969.93          5,923.07
American Cancer Society                                                            657.40          2,826.54
Camp Sunshine                                                                      123.50             74.10
Boy's and Girl's Club                                                                 -               98.80
Maine AIDS Alliance                                                                   -               45.60
Abused Womens Advocacy Project                                                     162.45               -
Maine Coalition To End Domestic Violence                                            71.25               -
Maine Audobon Society                                                               22.80               -
Maine Hospice Council                                                               24.70               -
The Root Cellar                                                                     98.80               -
Hospice of Southern Maine                                                           98.80               -
VNA South Portland                                                                    -               19.00


    Total                                                                      75,779.54         129,789.39


Pledges payable, beginning of year                                             226,089.47        193,558.93
Pledges (written off) recovered during period                                 (163,395.00)       (35,147.35)
Pledges payable, end of period                                                 128,725.21        226,089.47

    Increase
      in pledges payable                                                       66,030.74          67,677.89


    Total Distributions                         See accountants' report   $   141,810.28     $   197,467.28
                                COMMUNITY HEALTH CHARITIES OF MAINE
                                     Notes To Financial Statements

                                         For The Years Ended June 30,

4 Distributions to Member Agencies, Continued


 Funds distributed from National contributions to member agencies
  were as follows:




                                                                        2008       2007


 ALS Association                                                          867.49     684.35
 Alzheimers Association                                                   548.89     827.50
 AMC Cancer Research                                                      404.95     591.42
 American Cancer Society                                                3,368.92   2,960.14
 American Diabetes Association                                            719.89   1,564.64
 American Hearing Research Foundation                                      30.79      54.28
 American Heart Association                                               771.29     549.33
 American Kidney Foundation                                               443.18     617.64
 American Liver Foundation                                                112.65     107.44
 American Lung Association                                                615.70     336.75
 American Parkinson Disease Foundation                                    300.61      44.15
 Arthritis Foundation                                                     119.61      92.23
 The Arc                                                                    6.88      44.15
 Cancer Research Institute                                                586.20   1,865.84
 Cooley's Anemia Foundation                                                19.84      44.15
 Cystic Fibrosis Foundation                                               561.00     305.86
 Endometriosis Association                                                 53.99      60.38
 Epilepsy Foundation                                                       96.41      65.21
 Huntingtons Disease Society                                              143.63     212.93
 Juvenile Diabetes Foundation International                               303.88     364.88
 Leukemia & Lymphoma Society                                              112.78      52.60
 Lupus Foundation                                                         216.56     478.60
 March of Dimes                                                            94.90      83.60
 Muscular Dystrophy Association                                            92.92     229.77
 Myasthenia Gravis Foundation                                              68.07      44.15
 National Alliance for Mentally Ill                                        61.74      96.95
 Sickle Cell Disease Association                                           36.57      56.62
 Crohn's & Colitis Foundation                                             209.74     143.17
 National Hemophilia Foundation                                            41.02      44.18
 National Hospice Organization                                             84.12     103.64
 National Kidney Foundation                                               324.02   2,088.55
 National Mental Health Association                                        30.84      54.54
 National Multiple Sclerosis Society                                      280.17     711.55
 Children's Tumor Foundation                                               95.32      44.15
 National Parkinson Foundation                                             40.23     111.01
 Prevent Blindness America                                                 19.86      44.23
 National Spinal Cord Injury                                               19.84      44.15
 Parkinson Disease Foundation                                              39.10      61.92
 Research to Prevent Blindness                                             19.84     177.99
 St. Jude Children's Research Hospital                                  3,052.09   4,442.66
 Sudden Infant Death Syndrome Alliance                                    258.58     363.34
 Tourette Syndrome Association                                            152.89      72.32


                                              See accountants' report
                                COMMUNITY HEALTH CHARITIES OF MAINE
                                     Notes To Financial Statements

                                          For The Years Ended June 30,

United Cerebral Palsy                                                             19.85            44.22
Easter Seals                                                                     102.37            49.38
National Headache Foundation                                                      19.84            44.15
National Stroke Association                                                      134.53            44.15
AIDS Research Foundation                                                         115.47           292.41
National Council on Alcoholism and Drug                                            9.07            46.19
Depression & Bipolar Support Alliance                                             43.57            66.11
Spina Bifida Association of America                                              162.15           117.63
Maine Cancer Foundation                                                        1,055.77           388.55
Alzheimers Association - Maine                                                   345.33
Family Planning Association of Maine                                              42.85

   Total                                                                      17,477.80         22,035.75


Pledges payable, beginning of year                                             38,085.26        20,574.53
Pledges (written off) recovered during period                                 (11,615.74)         (737.46)
Pledges payable, end of period                                                 32,530.87        38,085.26

  Increase (Decrease)
    in pledges payable                                                         6,061.35         18,248.19


   Total Distributions                                                    $   23,539.15     $   40,283.94




                                                See accountants' report
                              Sheet4




COMMUNITY HEALTH CHARITIES OF MAINE. INC.


PERCENTAGES OF EXPENSES


                                                     FUNDRAISING
                                             PROGRAM MANAGEMENT
                                             SERVICES & GENERAL


CONSULTING                             55                    10
TELEPHONE                              50                    15
OFFICE & SUPPLIES                      55                    10
POSTAGE & SHIPPING                     55                    15
TRAVEL & MEETINGS                      70                    10
PRINTING                               55                     5
ACCOUNTING                                                  100
DUES & FEES                            80                    10
MARKETING                              100
INSURANCE                              60                    20
BANK CHARGES & MISC                    60                    20




                              Page 8
     Sheet4




35
35
35
20
20
40


10


20
20




     Page 9

								
To top