Financial Documents (2016)

Our financial documents are available to the public. Below is the most current statement of operations for the year ending December, 2017.

NCA – Los Niños de Chapala y Ajijic A.C.

Statements of Designated Sponsor Funds and Administration Funds

For the period Jan 1, to December 31, 2017

 
Designated Sponsor Funds Administration Funds
Donated Sponsorship Funds Administration Revenue
Scholarship sponsor donations 1,547,752 5% Sponsorship donations 59,784
General Funds for Students 100,000 NCA Bazaar 164,050
Total donated sponsorship funds 1,647,752 American Legion 9,000
CCO 32,000
Scholarship funds distributed 1,103,275 Events 58,558
Annual Memberships 17,745
Total distributed sponsorship funds 1,103,275 Interest 6,504
Other 17,305
Undistributed Designated Sponsorship Funds 544,477 Total 364,946
Expenses
Administrative 155,943
Other -126
Taxes paid 24,613
Total 180,430
Administrative profit 184,516
 

NCA – Los Niños de Chapala y Ajijic A.C.

 
Balance Sheet as of December 31, 2017
Current Assets Undistributed Designated Sponsorship & Admin Funds
Multiva 1,292,658 Undistributed Designated Sponsorship Funds 544,477
Notes receivable
Administrative Fund
Current Period Profit (Loss) 184,516
End of period Profit (Loss) 184,516
Total Assets 1,292,658 Total Designated Sponsorship & Admin Funds 728,993

NCA Budget 2018

Funds Collected for Admin.
Sponsorship 5% 55,000
NCA Membership Fee 15,000
Bazar 90,000
Legion 6,000
Board Directors,fund raisers 70,000
Chili Cook Off 60,000
Miscellaneous Donations 5,000
Interest 6,500
Total 307,500
General and Administrative Expenses
Salaries and Benefits (IMSS) 194,000
Accounting Services 35,000
Legal Services 5,000
Telephone and Internet 9,000
Office Supplies 5,000
Maintenance 25,000
Annual Graduation Event 10,000
Miscellaneous, Other Expenses 1000
Total 284,000
The maintenance is high for this year. We need to repair building and purchase a lawn mower.

 

 

 

 

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