Annual Report
Harry Chapin Foundation
Statement of Activities
December 31, 2008 and 2007
2008 2007
REVENUE:
Investment income $ 15,863 $43,630
Contribution 12,504 44,244
Sales 7,283 6,910
Royalty income 1,526 1,342
Total Revenue 37,176 96,126
EXPENSES:
Program services $62,116 $83,471
Supporting services 13,160 15,830
Fundraising 717 2,302
Total expenses 76,546 101,603
Excess of revenue over expenses (39,370) (5,477)
NET REALIZED AND UNREALIZED
GAIN (LOSS) ON INVESTMENTS (449,468) (22,438)
Change in net assets (488,838) (27,915)
NET ASSETS JAN. 1 S1,239,724 $1,267,639
NET ASSETS, DEC. 31 $ 750,886 $1,239,724
Nawrocki Smith LLP
Certified Public Accountants
