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 | 2022 Total | 2021 Total |
---|
Contributions | $7,425,675 | $12,109,325 | $19,535,000 | $13,404,320 |
Grants from funding agencies | 12,885 | 7,630,140 | 7,643,025 | 8,867,171 |
Collections | 1,279,923 | – | 1,279,923 | 1,033,579 |
Legacies and bequests | 2,163,044 | 524,606 | 2,687,650 | 4,452,323 |
Investment return | (107,088) | 868,803 | 761,715 | 1,528,408 |
Contributed services | 125,281 | – | 125,281 | 125,281 |
Contributions In Kind | 2,900 | _ | 2,900 | _ |
Net assets released from restrictions | 18,119,086 | (18,119,086) | – | – |
Total Revenue | $29,021,706 | $3,013,788 | $32,035,494 | $29,411,082 |
Expenses | Without Restrictions | With Restrictions | 2022 Total | 2021 Total |
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Program services | | | | |
Accompanying the church | $6,698,526 | – | $6,698,526 | $7,884,722 |
Responding to human needs | 17,945,227 | – | 17,945,227 | 13,156,588 |
Public awareness | 1,569,550 | – | 1,569,550 | 1,428,053 |
Total program services | 26,213,303 | – | 26,213,303 | 22,469,363 |
Support services | | | | |
Fundraising | 2,339,858 | – | 2,339,858 | 2,713,947 |
Management and general | 2,676,431 | – | 2,676,431 | 2,895,670 |
Total support services | 5,016,289 | – | 5,016,289 | 5,609,617 |
Total Expenses | $31,229,592 | – | $31,229,592 | $28,078,980 |
Net Assets | 2022 Total | 2021 Total |
---|
Undesignated | $14,737,909 | $20,357,678 |
BD designated | 9,327,195 | 10,586,059 |
Plant | 3,569,724 | 3,610,436 |
With donor restrictions | 37,145,798 | 38,053,104 |
Total Net Assets | $64,780,626 | $72,607,277 |
Audited Financial Statements
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