|
|
|
|
ASSETS |
|
|
|
|
Current Assets |
|
|
|
Cash |
|
$307,664 |
|
Accounts receivable |
|
2,335 |
|
Other current assets |
|
3,518 |
|
Total Current Assets |
|
313,517 |
|
|
|
|
|
Fixed Assets Net of Depreciation |
|
12,893 |
|
Intangible Assets |
|
6,550 |
TOTAL ASSETS |
|
|
$332,960 |
|
|
|
|
LIABILITIES & NET
ASSETS |
|
|
|
|
LIABILITIES |
|
|
|
Current Liabilities |
|
|
|
Accounts payable and accrued expenses |
|
$39,334 |
|
Other current liabilities |
|
11,422 |
|
Total Current Liabilities |
|
50,757 |
|
|
|
|
|
NET ASSETS |
|
282,203 |
TOTAL
LIABILITIES & NET
ASSETS |
|
|
$332,960 |
|
|
|
|
|
|
|
|
UNAUDITED
Voice of the Faithful, Inc.
Statement of Operations
For the Twelve Months Ending May 31, 2003
| |
Support and Revenue |
|
|
|
| |
|
Donations |
|
$611,137 |
| |
|
Convention ticket sales |
|
75,600 |
| |
|
Convention ticket premium and appeal |
|
133,180 |
| |
|
Other income |
|
21,628 |
| |
|
Total Support and Revenue |
|
841,544 |
| |
|
|
|
|
| |
Expenses |
|
|
|
| |
|
Charitable contributions |
|
31,985 |
| |
|
Salaries and contractor fees |
|
271,200 |
| |
|
Legal and audit fees |
|
46,072 |
| |
|
Occupancy and telecommunications |
|
47,376 |
| |
|
Printing and publications |
|
7,664 |
| |
|
Other office expense |
|
28,139 |
| |
|
Travel |
|
19,391 |
| |
|
VOTF Convention |
|
94,978 |
| |
|
Other expense |
|
20,648 |
| |
|
Total Expenses |
|
567,452 |
| |
|
|
|
|
| |
Increase in Net Assets |
|
|
$274,092 |
| |
|
|
|
|
|
