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  NAFofA believes in full disclosure of all funds received and spent

NAFofA believes in full disclosure of all funds received and spent.  This page shows the accounts for NAFofA for the 2009-2010 tax year.  If you have any questions, use the contact us link and we'll gladly respond.

Note: The program costs in Ghana increased due to the increased education costs.  The costs in the US decreased because the US dollar to Ghana cedi exchange rate averaged 1 US dollar to 1.41 Ghana cedis when we transferred funds during this tax year.

 



 
NAFofA ACCOUNTS
1 July 2009 thru 30 June 2010
Direct and Overhead Breakdown Amount % of Total Expenses
Direct Expenses 28,500 99.10%
Overhead Expenses 260 0.90%
Grand Total 28,760 100.00%
NAFofA Expenses Amount Percent of Total Expenses
NAF Ghana Support (Direct Expense) 28,500 99.10%
Bank & PayPal Charges (non-Bead Sales) 93 0.32%
Fund Raising Pamphlets, Supplies & Postage 61 0.21%
Staff Salaries 0 0.00%
Office Rent & Utilities 0 0.00%
Office Expenses ( AZ Corporation Commission Annual Reports, Post Office Box Rental) 106 0.37% Website hosting paid last year for two years. P.O. Box paid this year for two years
TOTAL EXPENSES 28,760 100.00%
NAFofA Monies Received Amount
Balance at start of year 16,852
Cash Contributions 17,752
Bead Sales Profits 6,793
Total 41,396
Total Expenses 28,760
Year End Balance 12,636
Bead Sales Amount
Bead Sales 7,760
Bead Expenses -967
Bead Sales Profits 6,793




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