About
Penfield
> Financial Information
2007 Combined Audited Income & Expense Statement
| Income & Support |
|
 |
Fees for Services |
$ 1,775,195 |
Government Grants & Contracts |
1,398,966 |
United Way Allocation |
342,769 |
Contributions |
852,377 |
Net Fundraising Event/ Croquet Ball |
45,174 |
Investment Income |
235,384 |
Realized & Unrealized Gains |
(21,817) |
|
Total Unrestricted Revenues Current |
$4,628,048 |
|
Net Assets Released from Restrictions |
218,536 |
|
|
Total Unrestricted Revenue |
$ 4,846,584 |
|
|
|
|
Expenses |
|
 |
Birth-to-Three Programs |
$ 3,175,217 |
Other Programs |
1,020,629 |
Development and Fundraising Events |
191,477 |
|
Total Program Expenses |
$4,387,323 |
|
| |
|
|
| Unallocated Management and General |
$153,504 |
|
| Total Expenses |
$4,540,827 |
|
| |
|
|
| Increase in Unrestricted Net Assets for Future Programs |
$305,757 |
|
The combined financial records of Penfield Children’s Center, Inc., the Friends of Penfield Children’s Center
Foundation, Inc. and VMMS Building Corporation for the year ended December 31, 2007 were audited by
Scribner Cohen & Company, Milwaukee. The complete audited financial statement for 2007 is available at
Penfield Children’s Center,
833 North 26th Street, Milwaukee, Wisconsin. |
