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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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