Financials

Home > Financials

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