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2008 Easter Seals Financial Summary
2008 Operating Income |
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Gov't Fees & Grants |
11,569,346 |
Program Service Fees |
2,858,962 |
Public Support |
1,438,463 |
Other |
31,103 |
subtotal |
15,897,874 |
Investment Loss |
(72,562) |
Capital Reserve |
725,058 |
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2008 Operating Expenses |
Program Services |
14,446,668 |
Admin |
923,266 |
Fundraising for programs |
456,030 |
Total Operating |
15,825,964 |
Fundraising - Capital Reserve |
224,684 |
Net Assets Year End |
28,115,576 |
Net Assets Beginning Year |
27,615,854 |
Change in Assets |
499,722 |
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*In accordance with SFAS no, 124, investments are reported at market value. All realized and unrealized gains and losses arising from fluctuations in market value, sales or other disposals of assets are accounted for in investment income.
**In our opinion, the Financial Statement presents fairly in all materials respects, the financial position of Easter Seals Delaware and Maryland’s Eastern Shore and subsidiaries as of August 31, 2008.
From the auditing firm of McBride Shopa and Company P.A. Download a PDF copy of the 2008 Annual Report. To request a hard copy of the annual report, please contact Lisa Scarpitti.
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