|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2007 |
|
2006 |
|
Revenues: |
|
|
|
|
|
|
| Government
contracts and grants |
|
|
|
$2,465,396
|
|
$2,263,181
|
| Residence fees |
|
|
|
1,111,658 |
|
1,092,769 |
| Resident
services |
|
|
|
829,771 |
|
800,756 |
| Capital grants |
|
|
|
193,913 |
|
193,913 |
| Special events |
|
|
|
146,416 |
|
145,850 |
| Contributions |
|
|
|
255,326 |
|
418,333 |
| Other |
|
|
|
19,066 |
|
40,880 |
|
|
|
|
|
|
|
|
Total Revenues |
|
|
|
5,021,546 |
|
4,955,682 |
|
|
|
|
|
|
|
|
Expenses: |
|
|
|
|
|
|
| Program
services |
|
|
|
4,638,750 |
|
4,412,357 |
| Supporting
services |
|
|
|
491,481 |
|
477,568 |
| Fundraising and
development |
|
|
|
133,379 |
|
113,362 |
|
|
|
|
|
|
|
|
Total Expenses |
|
|
|
5,263,610 |
|
5,003,287 |
|
|
|
|
|
|
|
|
|
Deficiency of Revenues under Expenses |
|
|
(242,064) |
|
(47,605) |
|
|
|
|
|
|
|
|
Other Income: |
|
|
|
|
|
|
| Interest and
dividend income |
|
|
|
41,720 |
|
50,687 |
|
Realized gain on investments |
|
|
|
4,207 |
|
54 |
|
Unrealized gain on investments |
|
|
|
29,559 |
|
24,335 |
|
|
|
|
|
|
|
|
|
Total Other Income |
|
|
|
75,486 |
|
75,076 |
|
|
|
|
|
|
|
|
Changes in Net Assets: |
|
|
|
(166,578) |
|
27,471 |
|
|
|
|
|
|
|
|
Net Assets, Beginning of Year |
|
|
|
3,604,148 |
|
3,576,677 |
|
|
|
|
|
|
|
|
|
Net Assets, End of Year |
|
|
|
$3,437,570
|
|
$3,604,148
|
|
* The figures presented above are derived from the Consolidated
Financial Statements audited by Nawrocki Smith, LLP |