12/22/2010 10:39 AM
Visionwriters International, Incorporated Income and Expense Statement (UNAUDITED) Consolidated - January 2010 - December 2010
Page: 1
INCOME CONTRIBUTION INCOME UNRESTRICTED General Withworker
$902.00 17,065.00
Subtotal Unrestricted
17,967.00
DONOR RESTRICTED TEMPORARILY RESTRICTED Lily Fund
1,395.00
Subtotal Contribution Income
19,362.00
CLASS RELATED INCOME LOCAL Product Sales Pre-paid Shipping
3,419.00 199.55
Subtotal Local
3,618.55
ONLINE Enrollment Fee
1,935.62
Subtotal Class Related Income MISCELLANEOUS INCOME Miscellaneous Income RELEASE FROM RESTRICTIONS TEMP RESTRICTED RELEASE Lily Fund RELEASED FROM RESTRICTION Released from restriction Subtotal Release From Restrictions
5,554.17
51.91
-460.00 460.00 0.00
TOTAL INCOME
24,968.08
EXPENSES FIXED EXPENSES CONTRACT SERVICES Administrative Services IT Services Ministerial Services
$6,554.77 2,464.74 3,209.24
Subtotal Contract Services
12,228.75
ADMINISTRATIVE EXPENSE BANK FEES Wells Fargo PayPal Bank Supplies
294.54 159.61 143.44
Subtotal Bank Fees
597.59
Page: 2 OFFICE EXPENSE Supplies Postage Fax Service Trash Disposal Subtotal Office Expense PHONES Ministry Phone INTERNET Web Hosting OPERATING EQUIPMENT Computer Hardware Support Contracts Subtotal Operating Equipment
443.53 671.32 12.90 4.00 1,131.75
829.07 48.65 218.31 44.25 262.56
RENTAL FEE Office Space PO Box
2,670.66 28.00
Subtotal Rental Fee
2,698.66
Subtotal Administrative Expense
17,797.03
COST OF SALES Printing Royalties CD Supply Shipping Binders Gross Receipt Tax
1,277.27 505.16 322.00 226.22 310.06 139.00
Subtotal Cost Of Sales
2,779.71
TITHES Monthly Partners Lily Fund Other Gifts
3,236.00 460.00 200.00
Subtotal Tithes
3,896.00
CORPORATE EXPENSE Filing Fees Subtotal Fixed Expenses
24.09 24,496.83
Page: 3 OTHER EXPENSE Miscellaneous Expense Marketing Expense Travel and Meetings Credit Card Exchange
658.21 99.00 300.00 339.95
Subtotal Other Expenses
1,397.16
TOTAL EXPENSES EXCESS INCOME\EXPENSES
25,893.99 -$925.91