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PEACE ARCH COMMUNITY SERVICES FOUNDATION
STATEMENT OF REVENUES AND EXPENSES
FOR THE YEARS ENDED MARCH 31, 2014 AND 2013
2014
2013
REVENUE:
Donations (Note 5)
$ 276,802 $ 348,356
Fundraising
30,058
38,166
Interest income
1,626
3,755
308,486
390,277
EXPENSES:
Administration (Note 4)
36,000
32,000
Charitable disbursements (Note 4)
243,048
803,860
Fundraising costs
29,028
35,427
Office
7,036
5,433
Professional fees
2,800
2,800
317,912
879,520
Deficiency of revenues over expenses before other income
(9,426)
(489,243)
OTHER INCOME:
Unrealized gain on investments
60,961
19,984
Excess (deficiency) of revenues over expenses
$ 51,535 $ (469,259)
The accompanying Notes are an integral part of this statement.