tailieunhanh - New Life Evangelistic Center 2007 Independent Financial Audit

Đời sống truyền giáo của Trung tâm năm 2007 độc lập tài chính Kiểm toán Báo cáo tài chính được kiểm toán cho năm kết thúc 31 tháng 12 2007 * "Theo ý kiến của chúng tôi, các báo cáo tài chính được đề cập dưới] hiện công bằng, trong tất cả các khía cạnh trọng yếu, vị trí tài chính của Trung tâm truyền giáo của New Life, Inc là ngày 31 tháng 12 2007 | New Life Evangelistic Center 2007 Independent Financial Audit Audited Financial Statements for the Year Ended December 31 2007 In our opinion the financial statements referred to below present fairly in all material respects the financial position of New Life Evangelistic Center Inc. as of December 31 2007 and the changes in its net assets and its cash flows for the year then ended in conformity with generally accepted accounting principles. Audit Fick Eggemeyer Williamson Certified Public Accountants PC April 29 2008 2007 ASSETS NLEC CASH ACCOUNTS RECEIVABLE TOTAL 479 299 92 068 PROPERTY EQUIPMENT 13 089 916 LESS ACCUMULATED DEPRECATION decreased property equipment value over time 8 492 306 DUE FROM OTHER FUNDS 141 682 PREPAID INSURANCE 27 314 NOTES RECEIVABLE 9 000 INVENTORY 1 860 TOTAL ASSETS 5 348 833 This is trial version LIABILITIES FUND BALANCES ACCOUNTS PAYABLE 100 101 PAYROLL PAYROLL TAXES PAYABLE 22 801 DUE TO OTHER FUNDS 141 682 TOTAL LIABILITIES 264 584 FUND BALANCES UNRESTRICTED 4 877 513 TEMPORARILY RESTRICTED 206 736 PERMANENTLY RESTRICTED TOTAL FUND BALANCES 5 084 249 TOTAL LIABILITIES FUND BALANCES 5 348 833 2007 EXPENSES NLEC _ Note Funds for Homeless Ministry in RED Funds for Media Ministry in BLUE PROGRAM AND SERVICES DIRECT ASSISTANCE MINISTRY 274 255 TV MINISTRY KNLC KNLJ 510 420 RADIO AND LOW POWER TV MINISTRY AND OUTREACH 584 989 NEEDY HOMELESS MINISTRY 306 296 MISSIONS SUPPORT 338 583 IN-KIND EXPENSE - SERVICES FOR THE POOR HOMELESS 1 361 816 GENERAL FUND PROGRAM EXPENSES Both Homeless Ministry and Media Ministry 80 886 TOTAL PROGRAM EXPENSES 3 457 245 SUPPORT SERVICES GENERAL ADMINISTRATION This is trial version 2 305 381 SALARIES TAXES 283 348 UTILITIES Homeless Shelters and TV Radio Stations 134 981 LEGAL PROFESSIONAL 90 788 INSURANCE 73 015 FUNDRAISING 115 374 MAINTENANCE REPAIR Homeless Shelters and TV