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Above and Beyond's Financials

Statement of Activity For the Period Ended December 31, 2017

ABOVE AND BEYOND FAMILY RECOVERY CENTER

Statement of Financial Position

DECEMBER 31, 2017

Expenses at a Glance

SUPPPORT:

Grants and donations

$ 1,333,638

Fees

51,325

$ 1,384,963

EXPENSES:

Salaries and benefits

604,976

Direct program expenses

160,719

Fundraising Events

62,796

Occupancy

47,229

Information technology

36,486

Training

22,293

Office expenses

131,452

Insurance

20,604

Advertising

54,618

Depreciation

68,501

Professional fees

4,878

Travel

20,854

Real Estate Taxes

7,019

Donations

1,520

Other

1,860

$ 1,245,805

Support over expenses from operations 139,158Interest expense 27,416Net assets, beginning of year 175,345

Program Expenses: 92%

Net assets, end of year $ 287,087

Assets

Current Assets Cash

$

171,118

Accounts recievabel

8,232

Employee pay advance

2,725

Prepaid expenses

4,178 186,253

Management and General Expenses: 8%

OUR FISCAL POLICY

Fundraising Expenses: 0%

Above and Beyond employs an Office Manager who is a capable fiscal agent who will be CPA Liscensed by our audit next year in addition to being a current practicing attorney in the State of Illinois. This said to fortify trust in the notion that we are responsible administrators of the gifts that are bestowed upon us by our donors.

In addition, we follow the criteria developed and used by Charity Navigator, so that when our initial three years of existence, which they require prior to evaluation, has been satisfied, we will register in their top category as a “Four Star Charity”. This will assist intelligent givers, when they select a charity to support, to be guaranteed of our:

Fixed Assets Building and improvements 1,027,393 Furniture and fixtures 108,745 Accumulated depreciation (151,248)

984,890 $ 1,171,143

Liabilities and Net Assets

Current liabilities Accured interest

$

2,664

Accured real estate taxes

8,868

Accured payroll

22,524

Total current liabilities

34,056

Long term debt

Bank loan

850,000

Total liabilities

884,056

Net Assets Unrestricted Net Assets 287,087

$ 1,171,143

• Financial Health,

• Accountability,

• Transparency.

2017 Annual Report | 9

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