Financials

2008 Easter Seals Financial Summary

 

2008 Operating Income

 

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

 

      

 

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









*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.