Financial Accountability
Financial Information
Care Net's financial statement of activities represents figures found in Care Net's independent auditor's report, dated June 30, 2009, and includes gifts-in-kind. The full auditor's report is available upon written request to info@care-net.org.
Care Net's Financial Accredidation

Care Net is a member of the Evangelical Council for Financial Accountability.

Charity Navigator has issued Care Net a 4-Star rating.

The Better Business Bureau's Wise Giving Alliance has granted Care Net the Charity Seal. Care Net has met or exceeded the BBB's 20 Standards of Accountability.
Detailed Financial Information
Care Net's 2008 Form 990 and the Care Net Annual Report is available on the Care Net website.
Care Net National Statement of Activities
(Year ending June 30, 2009)
|
Support and Revenues
|
|
|
Contributions
|
$3,981,596
|
| Contributions Gifts in Kind |
1,839,934
|
| Affiliation Fees |
170,420 |
| Conference |
567,205 |
| Training |
33,780 |
| Publication Sales |
436,471 |
| Interest / Royalties |
52,644
|
| Miscellaneous |
2,316
|
| Total |
$7,084,366 |
| |
|
|
Expenses
|
|
| Programs |
|
| Center Services |
$2,702,786 |
| Public Education |
589,499 |
| Option Line |
2,443,919 |
| Cost of Goods Sold |
203,510
|
| Supporting Services |
|
| Fundraising |
684,310 |
| Management/General |
411,638 |
| Total |
$7,035,662 |
| |
|
|
Assets
|
|
| Current Assets |
|
| Cash & Cash Equivalents |
$2,785,556 |
| Accounts Receivable |
19,754 |
| Pledges Receivable |
298,000 |
| Inventory |
86,809
|
| Security Deposit |
2,740
|
| Prepaid Expenses |
48,734 |
| Property/Equipment |
|
| Office Furniture & Equipment |
133,807
|
| Leasehold Improvements |
30,000
|
| Less Accumulated Depreciation |
(129,901)
|
| Total Assets |
$3,275,499 |
|
|
|
| |
|
|
Liabilities
|
|
| Current Liabilities |
|
| Accounts Payable |
$89,474 |
| Accrued Liabilities |
139,784 |
| Unearned Income |
131,714 |
| Total Liabilities |
$360,972
|
| |
|
|
Net Assets
|
|
| Unrestricted |
$2,836,657 |
| Temporarily Restricted |
77,870 |
| Total Net Assets |
$2,914,527
|
| |
|
| Total Liabilities & Net Assets |
$3,275,499 |
|




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