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Models of the Maker Womens Ministries
<br />Statement of Revenues and Expenses - Modified Cash Basis
<br />For the 5 Months Ended May 31, 2010
<br />Total
<br />Administration
<br />Transitional
<br />Ryan's Heart
<br />Cottage
<br />Revenue
<br />Housing Income
<br />$ 8,249.30 $
<br />0.00 $
<br />8,249.30 $
<br />0.00
<br />0.00
<br />Pledge Income
<br />1,200.00
<br />0.00
<br />1,200.00
<br />0.00
<br />0.00
<br />In Kind Donations
<br />900.00
<br />0.00
<br />900.00
<br />0.00
<br />0.00
<br />Donations - Churches
<br />755.00
<br />0.00
<br />755.00
<br />0.00
<br />0.00
<br />Donations
<br />7,405.18
<br />0.00
<br />7,405.18
<br />0.00
<br />0.00
<br />Fund Raising
<br />(694.55)
<br />0.00
<br />(694.55)
<br />0.00
<br />0.00
<br />Grants
<br />73,791.13
<br />5,207.12
<br />68,584.01
<br />0.00
<br />0.00
<br />In Kind Rent
<br />425.00
<br />0.00
<br />425.00
<br />0.00
<br />0.00
<br />Total Revenue
<br />92,031.06
<br />5,207.12
<br />86,823.94
<br />0.00
<br />0.00
<br />Cost of Goods Sold
<br />Total Cost of Goods Sold
<br />Gross Profit
<br />92,031.06
<br />5,207.12
<br />86,823.94
<br />0.00
<br />0.00
<br />Operating Expenses
<br />86
<br />142
<br />00
<br />0
<br />0.00
<br />142.86
<br />0.00
<br />Security
<br />Annual Banquet Expenses
<br />.
<br />192.00
<br />.
<br />0.00
<br />192.00
<br />0.00
<br />0.00
<br />Inkind Expense
<br />425.00
<br />0.00
<br />425.00
<br />0.00
<br />0.00
<br />Contract Services
<br />70.00
<br />0.00
<br />70.00
<br />0.00
<br />0.00
<br />Gifts and Donations
<br />1,119.20
<br />922.20
<br />53.00
<br />144.00
<br />0.00
<br />Insurance
<br />3,690.78
<br />1,829.05
<br />1,347.03
<br />514.70
<br />0.00
<br />Fees and Subscriptions
<br />95.00
<br />35.00
<br />60.00
<br />0.00
<br />0.00
<br />Advertising
<br />959.97
<br />0.00
<br />751.52
<br />208.45
<br />0.00
<br />Office Supplies
<br />593.30
<br />97.42
<br />495.88
<br />0.00
<br />0.00
<br />Program Supplies
<br />4,781.75
<br />0.00
<br />4,781.75
<br />0.00
<br />0.00
<br />Client Services
<br />631.31
<br />0.00
<br />631.31
<br />0.00
<br />0.00
<br />Bank Service Charge
<br />2.00
<br />24.00
<br />(22.00)
<br />0.00
<br />0.00
<br />Auto & Truck Expense
<br />413.90
<br />6.30
<br />407.60
<br />0.00
<br />0.00
<br />Postage & Freight
<br />793.54
<br />126.06
<br />592.56
<br />74.92
<br />0.00
<br />Payroll Expenses
<br />44,253.64
<br />5,262.22
<br />38,937.59
<br />53.83
<br />0.00
<br />Payroll Taxes
<br />3,378.84
<br />399.02
<br />2,975.99
<br />3.83
<br />0.00
<br />Depreciation
<br />7,569.15
<br />7,569.15
<br />0.00
<br />0.00
<br />0.00
<br />Fund Raising Expenses
<br />146.95
<br />0.00
<br />146.95
<br />0.00
<br />0.00
<br />Laundry & Cleaning
<br />720.95
<br />0.00
<br />720.95
<br />0.00
<br />0.00
<br />Custodial Care
<br />207.85
<br />0.00
<br />207.85
<br />0.00
<br />0.00
<br />Repairs & Maintenance
<br />8,650.91
<br />0.00
<br />6,079.66
<br />2,571.25
<br />0.00
<br />Professional Services
<br />2,513.75
<br />2,388.75
<br />125.00
<br />0.00
<br />0.00
<br />Utilities
<br />12,697.15
<br />93.66
<br />10,387.88
<br />2,215.61
<br />0.00
<br />Telephone
<br />3,641.08
<br />304.76
<br />2,692.53
<br />643.79
<br />0.00
<br />Travel Expense
<br />813.98
<br />63.01
<br />695.96
<br />55.01
<br />0.00
<br />Small Appliance & Furniture
<br />569.91
<br />0.00
<br />499.91
<br />70.00
<br />0.00
<br />Meals & Entertainment
<br />271.59
<br />30.28
<br />241.31
<br />0.00
<br />0.00
<br />Total Operating Expenses
<br />99,346.36
<br />19,150.88
<br />73,497.23
<br />6,698.25
<br />0.00
<br />Operating Income (Loss)
<br />(7,315.30)
<br />(13,943.76)
<br />13,326.71
<br />(6,698.25)
<br />0.00
<br />Other Income
<br />Miscellaneous Income
<br />4,701.96
<br />0.00
<br />66.00
<br />4,635.96
<br />0.00
<br />Total Other Income
<br />4,701.96
<br />0.00
<br />66.00
<br />4,635.96
<br />0.00
<br />Other Expenses
<br />Total Other Expenses
<br />Income (Loss) Before Income Taxes
<br />(2,613.34)
<br />(13,943.76)
<br />13,392.71
<br />(2,062.29)
<br />0.00
<br />Net Income (Loss)
<br />$ (2 613 34)$
<br />(13 943 76)$
<br />13 392.71 $
<br />(2,062.29)$
<br />0.00
<br />For Management Use Only
<br />
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