Statement of Financial Position:
Year Ended December 31, 2005 |
Assets Cash |
Operating | $31,152 |
|
Funds Committed for Commissioned Artwork | 48,950 |
|
Funds Reserved for Atrium Project & 2006 Exhibits | 50,000
130,102 |
|
Other Receivable | 22,000 |
|
Total Assets | $152,102 |
|
Liabilities & Net Assets |
|
Liabilities |
|
Accounts Payable | 6,960 |
|
Net Assets Unrestricted |
|
Operating | 95,142 |
|
Board Designated | 50,000 |
|
Total unrestricted net assets | 145,142 |
|
Total Liabilities & Net Assets | 152,102 |
|
Total Liabilities & Unrestricted Net Assets | 152,102 |
Statement of Activities |
|
Support: |
|
Contributions | 6,606 |
|
Fundrasing Events | 244,491 |
|
Direct Benefit Expense | (85,701) |
|
Total Support | 165,396 |
Functional Expenses: |
| |
Exhibit Program Cost |
155,907 |
|
Contribution | 9,800
165,707 |
Supporting Services: |
|
Administration | 3,688 |
|
Fundraising | 4,964 |
|
Total Supporting Services | 8,652 |
|
Total Functional Expenses | 174,359 |
Change in Net Assets | (8,963) |
Net Assets – Beginning of Year 154,105 |
|
Net Assets, End of Year 145,142 |
Statement of Financial Position:
Year Ended December 31, 2004 |
|
Assets Cash |
Operating | $91,790 |
|
Funds Committed for Commissioned Artwork | 50,915 |
|
Funds Reserved for Atrium Project & Exhibits | 25,000 |
|
Total Assets | $167,705 |
|
Liabilities & Net Assets |
|
Liabilities |
|
Accounts Payable | $13,600 |
|
Net Assets |
|
Operating | 129,105 |
|
Board Designated | 25,000 |
|
Total unrestricted net assets | 154,105 |
|
Total Liabilities & Net Assets | $167,705 |
|
Statement of Activities |
|
Public Support (Contributions) | $356,225 |
|
Functional Expenses: |
|
Exhibit Program Costs | 105,186 |
|
Administration Expenses | 1,250 |
|
Fundraising Event Expenses | 95,684 |
|
Total Functional Expenses | 202,120 |
|
Net Assets, End of Year $154,105 |
2003
FUNDRAISING RESULTS*
FUND
BALANCE
| Amount
Raised, Less Fundraising Expenses |
|
Cash |
$94,816.00 |
Total
Funds Available |
$94,816.00 |
| Committed
Funds & Balances |
|
Amount
of Balance Due for Commissioned Exhibits |
$47,000.00 |
Fund
Balance |
$47,816.00 |
Total
Committed Funds & Fund Balance |
$94,816.00 |
|
|
AMOUNTS
RAISED & EXPENSES
Discover
the Smile Foundation, Inc. statement of amounts raised and expenses
as of 12/31/03*
|
| Support
the Revenue |
|
Grants,
Contributions and Gifts |
$166,050.00 |
Total
Support and Revenue |
$166,050.00 |
| Expenses |
|
Stationary,
Office Supplies, Postage, Printing & Duplication |
$3,540.00 |
Fundraising
Event Expenses |
$16,194.00 |
Commissioned
Exhibits |
$51,500.00 |
Total
Expenses |
$71,234.00 |
| |
|
Excess
of Contributions over Expenses |
$94,816.00 |
*Important
Note: Discover the Smile Foundation, Inc. (DTSFI) was founded
in the early part of 2003. While waiting for its non-profit tax
status to be granted, it raised funds on behalf of the North Shore-Long
Island Jewish Health System Foundation ("NSLIJHSF")
for the benefit of, among other things, a DTSFI designated project
at Schneider Children’s Hospital ("SCH"), and
any other future projects designated by DTSFI, consistent with
the mission of DTSFI and the corporate purpose of NSLIJHSF. All
expenditures of the funds raised and deposited with the NSLIJHSF
are subject to DTSFI’s designation or direction. |
|
February 27,
2004
This letter is written to thank Discover the Smile Foundation,
Inc. ("DTSF") for its sterling efforts in raising funds
on our behalf for the acquisition of certain custom-made exhibits
that will be installed at our Schneider Children’s Hospital
locations.
Below is a summary of all funds we have received through the efforts
of DTSF and all expenditures made at DTSF’s direction, as
of December 31, 2003:
|
Total
Contributions Received:
Total Expenses:
Net Fund Balance: |
$166,050.00
$71,234.00
$94,816.00 |
We look forward
to receiving the continued support of your organization in the
near future.
Very truly yours,
Cecelia T. Fullam
Senior Vice President
|
|
|
 |
