NEADS Membership Report 2010-2012

Audited Financial Statements

STATEMENT OF REVENUE AND EXPENDITURE

FOR THE YEAR ENDED MARCH 31, 2012

	2012	2011
REVENUE
Federal grants	98,333	196,867
Conference fees	600	35,940
Interest income	52	1,936
Contributions	124,817	176,848
Publications and memberships	-	50
	223,802	411,641
EXPENDITURE
Production	49,794	101,548
Salaries and employee benefits	69,487	72,755
Conference	260	-
Board and travel	20,103	80,698
Scholarships	37,000	36,000
Postage	790	531
Telephone	1,860	3,131
Insurance	3,095	3,057
Rent and project facilities	6,247	12,887
Professional fees	9,850	13,267
Membership and fees	1,000	1,000
Interpretation/translation	7,936	35,685
Office supplies	266	956
Interest and bank charges	1,570	1,353
	209,258	362,868
NET REVENUE FOR THE YEAR	14,544	48,773