Balance Sheet

6:22 PM 01/01/09	Wings of Hope, Inc.  Balance Sheet
Cash Basis	As of December 31, 2008

	Jan 1 , 2009
ASSETS
Current Assets
Checking/Savings
Checking - United Bank	2,110.10
Paypal	2,282.07
Total Checking/Savings	4,392.17
Total Current Assets	4,392.17
TOTAL ASSETS	4,392.17
LIABILITIES & EQUITY
Equity
Opening Bal Equity	992.14
Retained Earnings	3,400.03
Total Equity	4,392.17
TOTAL LIABILITIES & EQUITY	4,392.17

Profit & Loss

7:06 PM 01/01/09	Wings of Hope, Inc.  Profit & Loss
Cash Basis	January through December 31, 2008

   

	Jan - Dec 2008
Ordinary Income/Expense
Income
Contributed support
Gifts in kind - goods	6,742.00
Indiv/business contribution	245.00
Contributed support - Other	409.00
Total Contributed support	7,396.00
Special events
Special events - non-gift rev	4,324.00
Total Special events	4,324.00
Total Income	11,720.00
Expense
Business expenses
Bank Fees	52.82
Organizational (corp) expenses	35.00
Total Business expenses	87.82
Misc expenses
Advertising expenses	996.55
Outside computer services	152.93
Total Misc expenses	1,149.48
Non-personnel expenses
Donated materials & supplies	6,742.00
Postage, shipping, delivery	138.79
Rental Expense	996.55
Total Non-personnel expenses	7,877.34
Other personnel expenses
Fundraising fees	114.00
Total Other personnel expenses	114.00
Travel & meetings expenses
Travel	569.97
Total Travel & meetings expenses	569.97
Total Expenses	9,798.61
Net Ordinary Income	1,921.39
Net Income	1,921.39