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Golden Years Alaskan Malamute Rescue, Inc.
Profit & Loss statement
January 1 through December 31, 2007
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Income
Adoption Donations........................2,250.00
Affiliate Income..................................169.85
Fundraisers....................................2,907.12
Interest Income...................................12.00
General public donations.............11,838.92
Total Income.........$17,177.89
Expense
Fees paid out....................................410.18
Dog Licenses...................................217.74
Insurance (Liability & bldg)............1,202.00
Kennel...........................................1,375.03
New Pole Barn
Building materials................8,965.82
Office supplies.................................630.82
Vet expense..................................3,083.40
Professional Grooming......................50.00
Website hosting...............................134.35
Total Expenses......$16.069.34
Net Income/Loss.......................$1,108.55
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Assets
Checking account................4,741.98
Savings account.....................907.32
Total assets..........$5,649.30
Liabilities/Equity
Loan for new kennel.............2,000.00
Opening balance equity..........323.71
Retained earnings................2,217.04
Net Income...........................1,108.55
Total Equity...........$3,649.30
Total Liabilities & Equity.....$5,649.30
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Balance Sheet as of December 31, 2007
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