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	2020 Total	2019 Total
Contributions	$6,589,251	$5,610,275	$12,199,526	$10,830,853
Grants from funding agencies	182,295	4,488,184	4,670,479	7,015,821
Collections	1,487,752	–	1,487,752	1,603,522
Legacies and bequests	3,278,644	822,216	4,100,860	5,274,392
Investment return	1,222,526	772,699	1,995,225	1,365,029
Contributed services	157,238	–	157,238	185,394
Net assets released from restrictions	10,946,237	(10,946,237)	–	–
Total Revenue	$23,863,943	$747,137	$24,611,080	$26,275,011

Expenses	Without Restrictions	With Restrictions	2020 Total	2019 Total
Program services
Accompanying the church	$6,421,820	–	$6,421,820	$7,366,846
Responding to human needs	11,031,883	–	11,031,883	12,066,984
Public awareness	1,430,944	–	1,430,944	1,497,456
Total program services	18,884,647	–	18,884,647	20,931,286
Support services
Fund-raising	2,458,011	–	2,458,011	2,782,669
Management and general	2,724,963	–	2,724,963	2,062,624
Total support services	5,182,974	–	5,182,974	4,845,293
Total Expenses	$24,067,621	–	$24,067,621	$25,776,579

Net Assets	2020 Total	2019 Total
Undesignated	$18,419,429	$18,202,636
BD designated	9,317,636	8,101,081
Plant	3,662,597	3,638,229
Without donor restrictions	31,399,662	29,941,946
With donor restrictions	35,995,325	33,174,270
Total Net Assets	$67,394,987	$63,116,216

2020 Annual Report

Audited Financial Statements