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Financial Statements
We use 100% of donations to support projects at the orphanages.
We do not receive compensation for our work. All expenses associated with running
the foundation including travel, communications, etc. are provided by the foundation officers.
2009 Form 990, unsigned copy of the financial statements filed with IRS
2008 Form 990, unsigned copy of the financial statements filed with IRS
2007 Form 990, unsigned copy of the financial statements filed with IRS
2006 Form 990, unsigned copy of the financial statements filed with IRS
2005 Form 990, unsigned copy of the financial statements filed with IRS
2004 Form 990, unsigned copy of the financial statements filed with IRS
YEARLY
INCOME STATEMENT
| Revenue |
Year 2009
ending 12/31/09 |
Year 2008
ending 12/31/08 |
Year 2007
ending 12/31/07 |
Year 2006
ending 12/31/06 |
Year 2005
ending 12/31/05 |
| Donations |
$93,651 |
$105,080 |
$347,639 |
$135,820 |
$89,977 |
| Investment Gain/(Loss) |
$35,406 |
($18,167) |
($231) |
$13,047 |
$962 |
| Total Revenue |
$129,057 |
$86,913 |
$347,408 |
$148,867 |
$90,939 |
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| Expenses |
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| Orphanage Projects |
($106,501) |
($113,579) |
($134,451) |
($121,900) |
($89,537) |
| Total Expenditures |
($106,501) |
($113,579) |
($134,451) |
($121,900) |
($89,537) |
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| NET GAIN/LOSS * |
$22,556 |
($26,667) |
$212,957 |
$26,967 |
$1,402 |
* Includes $200,010 of Restricted Funds Contributions for 2007.
BALANCE SHEET
| Assets |
12/31/09 |
12/31/08 |
12/31/07 |
12/31/06 |
12/31/05 |
12/31/04 |
| Cash & Equivalent |
$242,279 |
$255,538 |
$261,292 |
$48,335 |
$21,368 |
$19,966 |
| Liabilities |
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| Payable for Projects in Orphanages* |
$242,279 |
$255,538 |
$261,292 |
$48,335 |
$21,368 |
$19,966 |
| FUND BALANCE |
$0 |
$0 |
$0 |
$0 |
$0 |
$0 |
*Note: 100% of this amount has been assigned to specific projects at the orphanages.
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