|
|
Statement of Income
|
|
For the year ended
December 31, 2010
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2010
|
|
2009
|
|
Income
|
|
|
|
|
|
Campaign
donations
|
$187,362
|
|
$148,924
|
|
Special
event proceeds - note 4
|
83,881
|
|
81,893
|
|
Funds
from other United Ways
|
6,388
|
|
10,639
|
|
Administrations
fees
|
245
|
|
245
|
|
Refunds
of unused allocations - note 2
|
28
|
|
3,813
|
|
Interest
income
|
301
|
|
1,902
|
|
|
$278,205
|
|
$247,416
|
|
Less:
Uncollectable pledges
|
-1
|
|
-860
|
|
Total income
|
$278,204
|
|
$246,556
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Expenses
|
|
|
|
|
|
|
|
|
|
Grants
to charitable organizations - Schedule 1
|
192,283
|
|
189,980
|
|
|
|
|
|
|
Fundraising
and Allocations
|
|
|
|
|
Administration
|
7,820
|
|
7,203
|
|
Advertising
|
1,235
|
|
764
|
|
Insurance
|
735
|
|
750
|
|
Office
supplies
|
1,876
|
|
2,681
|
|
Professional
fees
|
308
|
|
315
|
|
Rent
|
1,272
|
|
803
|
|
Special
event expenses
|
37,857
|
|
23,897
|
|
Supplies
and expenses
|
912
|
|
852
|
|
Telephone
|
712
|
|
829
|
|
Total
campaign expenses
|
52,727
|
|
38,094
|
|
|
|
|
|
|
Program
Exenses
|
|
|
|
|
United
Way of Canada
|
1,871
|
|
1,579
|
|
Charity
license fees
|
60
|
|
132
|
|
Fund
Distribution/Agency Services
|
0
|
|
452
|
|
|
1,931
|
|
2,163
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total expenses
|
246,941
|
|
230,237
|
|
|
|
|
|
|
Surplus
(deficit)
|
31,263
|
|
16,319
|
|
|
|
|
|
|
Statement of
Surplus
|
|
|
For the year ended
December 31, 2010
|
|
|
|
|
2010
|
|
2009
|
|
|
Surplus,
begining of year
|
$
129,963
|
|
$
114,882
|
|
|
Allocation
reserve - note 1
|
$
(232,834)
|
|
$
(191,238)
|
|
|
Funds
transferred from reserve
|
$
192,283
|
|
$
190,000
|
|
|
Add,
Surplus (deficit)
|
$
31,263
|
|
$
16,319
|
|
|
Surplus,
end of year
|
$
120,675
|
|
$
129,963
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance Sheet
|
|
As at December 31,
2010
|
|
|
|
2010
|
|
2009
|
|
|
ASSETS
|
|
|
|
|
|
|
|
|
|
|
Current
Assets
|
|
|
|
|
|
Cash
and short term investments
|
$
251,323
|
|
$
249,322
|
|
Accounts
recievable - note 2
|
101,711
|
|
72,920
|
|
Prepaid
expenses
|
283
|
|
283
|
|
Inventory
|
|
25
|
|
25
|
|
|
|
$
353,342
|
|
$
322,550
|
|
|
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
|
|
Current
Liabilities
|
|
|
|
|
Accounts
payable - note 3
|
$
878
|
|
$
1,349
|
|
Reserve
funds payable
|
231,879
|
|
191,238
|
|
|
|
232,757
|
|
192,587
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SURPLUS
|
|
|
|
|
|
|
|
|
|
|
Surplus, per statement
|
$
120,675
|
|
$
129,963
|
|
|
|
353,432
|
|
322,550
|
|
