Financials

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Below are the consolidated annual financial statements of CNEWA.

(Click here to review the financial statements for CNEWA’s Canada office.)

Revenue	Without Restrictions	With Restrictions	2024 Total	2023 Total
Contributions	$7,493,499	$5,913,992	$13,407,491	$17,133,132
Grants from funding agencies	90,000	6,267,340	6,357,340	6,020,728
Collections	1,435,315	–	1,435,315	1,380,802
Legacies and bequests	2,586,025	87,608	2,673,633	1,962,445
Investment return	3,265,823	1,510,782	4,776,605	602,374
Contributed services	125,281	–	125,281	125,281
Contributions In Kind	_	_	_	17,475
Net assets released from restrictions	14,559,767	(14,559,767)	–	–
Total Revenue	$29,555,710	($780,045)	$28,775,665	$27,242,237

Expenses	Without Restrictions	With Restrictions	2024 Total	2023 Total
Program services
Accompanying the church	$7,538,772	–	$7,538,772	$7,039,807
Responding to human needs	13,260,267	–	13,260,267	13,145,676
Public awareness	1,771,665	–	1,771,665	1,735,440
Total program services	22,570,704	–	22,570,704	21,920,923
Support services
Fundraising	2,205,090	–	2,205,090	2,384,552
Management and general	2,592,762	–	2,592,762	2,488,420
Total support services	4,797,852	–	4,797,852	4,872,972
Total Expenses	$27,368,556	–	$27,368,556	$26,793,895

Net Assets	2024 Total	2023 Total
Undesignated	$19,381,164	$16,449,400
BD designated	11,700,259	10,332,527
Plant	3,540,859	3,537,796
With donor restrictions	42,153,008	42,104,206
Total Net Assets	$76,775,290	$72,423,929

Audited Financial Statements

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