19
WOMEN BUILDING FUTURES SOCIETY
STATEMENT OF OPERATIONS
YEAR ENDED DECEMBER 31, 2013
2013 2012
REVENUE
Tuition fees $1,477,977 $1,246,432
Grants 859,389 875,654
Fee for service 498,561 96,262
Sponsorship 316,303 535,761
Housing 280,194 251,176
Other 66,540 52,009
Casino 64,120 0
Donations 38,251 64,792
Interest 11,273 8,536
3,612,608 3,130,622
EXPENSES
Salaries and benefits 1,591,915 1,387,423
Program costs 876,334 439,668
Marketing and advertising 407,591 591,897
Occupancy 157,131 138,556
Administrative 144,371 119,357
Professional fees 128,875 153,066
Family and Community Support Services 111,524 111,524
Technical support 61,958 52,856
Travel 58,516 47,464
Miscellaneous 11,429 5,817
Interest on callable debt 10,684 10,193
Bad debts 6,500 0
3,566,828 3,057,821
REVENUE OVER EXPENSES
BEFORE AMORTIZATION 45,780 72,801
Amortization of deferred contributions
related to property and equipment 417,068 418,238
Amortization of property and equipment (471,246) (502,634)
(54,178) (84,396)
REVENUE UNDER EXPENSES $ (8,398) $ (11,595)
