From CNEWA

Financial Statements

Below are the consolidated annual financial statements of CNEWA. Click here to review the financial statements for CNEWA Canada.

Revenue Unrestricted Temporarily Restricted Permanently Restricted 2017 Total 2016 Total
Contributions $6,537,533 $6,600,412 $47,226 $13,185,171 $13,742,276
Grants from funding agencies 22,000 5,579,771 5,601,771 6,339,650
Collections 1,704,269 1,704,269 1,736,465
Legacies and bequests 3,986,011 458,104 15,809 4,459,924 5,493,008
Investment return 850,702 595,820 207 1,446,729 1,168,532
Contributed services 201,675 201,675 195,000
Net assets released from restrictions 14,536,655 (14,536,655)
Total Revenue $27,838,845 $(1,302,548) $63,242 $26,599,539 $28,674,931


Expenses Unrestricted Temporarily Restricted Permanently Restricted 2017 Total 2016 Total
Program services
Accompanying the church $7,013,868 $7,013,868 $6,340,030
Responding to human needs 13,764,489 13,764,489 13,517,035
Public awareness 1,471,211 1,471,211 1,369,478
Total program services 22,249,568     —         —     22,249,568 21,226,543
Support service –
Management and general 545,984 545,984 550,631
Fund–raising 2,710,088 2,710,088 2,663,696
Total support services 3,256,072     —         —     3,256,072 3,214,327
Total Expenses $25,505,640     —         —     $25,505,640 $24,440,870


Net Assets 2017 Total 2016 Total
Unrestricted:
   Undesignated $16,444,543 $12,753,146
   Designated 7,061,310 6,053,596
   Net investment in plant 3,831,190 3,823,635
Total Unrestricted 27,337,043 22,630,377
Temporarily Restricted 20,271,207 19,977,854
Permanently Restricted 10,762,468 10,483,161
Total Net Assets $58,370,718 $53,091,392