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	2021 Total	2020 Total
Contributions	$7,655,098	$5,749,222	$13,404,320	$12,199,526
Grants from funding agencies	10,000	8,857,171	8,867,171	4,670,479
Collections	1,033,579	–	1,033,579	1,487,752
Legacies and bequests	3,343,851	1,108,472	4,452,323	4,100,860
Investment return	868,042	660,366	1,528,408	1,995,225
Contributed services	125,281	–	125,281	157,238
Net assets released from restrictions	14,863,934	(14,863,934)	–	–
Total Revenue	$27,899,785	$1,511,297	$29,411,082	$24,611,080

Expenses	Without Restrictions	With Restrictions	2021 Total	2020 Total
Program services
Accompanying the church	$7,884,722	–	$7,884,722	$6,421,820
Responding to human needs	13,156,588	–	13,156,588	11,031,883
Public awareness	1,428,053	–	1,428,053	1,430,944
Total program services	22,469,363	–	22,469,363	18,884,647
Support services
Fundraising	2,713,947	–	2,713,947	2,458,011
Management and general	2,895,670	–	2,895,670	2,724,963
Total support services	5,609,617	–	5,609,617	5,182,974
Total Expenses	$28,078,980	–	$24,078,980	$24,067,621

Net Assets	2021 Total	2020 Total
Undesignated	$20,357,678	$18,419,429
BD designated	10,586,059	9,317,636
Plant	3,610,436	3,662,597
Without donor restrictions	34,554,173	31,399,662
With donor restrictions	38,053,104	35,995,325
Total Net Assets	$72,607,277	$67,394,987

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Audited Financial Statements