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PEACE ARCH COMMUNITY SERVICES FOUNDATION
STATEMENT OF REVENUES AND EXPENSES
FOR THE YEARS ENDED MARCH 31, 2015 AND 2014
2015
2014
REVENUE:
Donations (Note 5)
$ 894,174 $ 276,802
Fundraising
17,967
30,058
Interest income
1,553
1,626
913,694
308,486
EXPENSES:
Administration (Note 3)
36,000
36,000
Charitable disbursements (Note 3)
216,020
243,048
Fund development (Note 3)
43,333
-
Fundraising events
19,414
29,028
Office
24,588
7,036
Professional fees
3,147
2,800
342,502
317,912
Excess (deficiency) of revenues over expenses before other income
571,192
(9,426)
OTHER INCOME:
Unrealized gain on investments
35,286
60,961
Excess of revenues over expenses
$ 606,478 $ 51,535
The accompanying Notes are an integral part of this statement.