Financial Report 2004
Summary Statement
| Total contributions received to date (Oct ’03- Dec ’04): | $76,284.74 |
| 2004 budget for grants (see Table A & B): | $21,000.00 |
| 2004 budget for Tides Foundation management fees (see Tb C): | $4,000.00 |
| 2004 budget for administration and development: | $5,000.00 |
| Total 2004 budget: | $30,000.00 |
| Balance for 2005 | $46,284.74 |
2004 Budget and Actual Spending
Table A: Grant Expenses Summary
| Category | Budget | Actual | Balance |
| Grants (see List of Grants-2004 for detail) | $21,000 | $21,000 | $0 |
Table B: Tides Foundation Management
| Category | Budget | Actual | Balance |
| Tides Foundation management fees | $4,000 | Fee(5%): $30,000x5%=$1,500 Due diligence: $2,050 Total: $3,550 (actual fee: $5,234.09 on $61,171,74 total income and grant processing) |
$450.00 |
Table C: Administration and Development Expenses
| Category | Budget | Actual | Balance |
| Development: Fundraising events | $3,000 | Dec Dinner Party $1,263.30 Launch party $1,216.69 1yr. Anniversary $688.12 Total: $3,168.11 |
($168.11) |
| Development: Video | $800 | $800.00 | $0 |
| Development: Printing | $500 | $867.85 | ($367.85) |
| Office expense: Phone, mailbox and website, etc. | $400 | $335.35 | $65.65 |
| Office expense: Supplies | $200 | $166.36 | $33.64 |
| Office expense: Postage | $100 | $63.16 | $36.84 |
| Total | $5,000 | $5,400.83 | ($400.83) |