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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