CNEWA

Below are the consolidated annual financial statements of CNEWA.

In 2018, CNEWA adopted new accounting standards developed and required by the Financial Accounting Standards Board.

These include the reduction in the number of categories of net assets from three to two, and the clarification of how to distinguish costs associated with program, fundraising and general management.

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

RevenueWithout RestrictionsWith Restrictions2018 Total
Contributions$5,984,589$5,760,947$11,745,536
Grants from funding agencies27,7356,770,0686,797,803
Collections1,654,6491,654,649
Legacies and bequests4,202,7751,156,8455,359,620
Investment return850,478959,5931,810,071
Contributed services207,156207,156
Net assets released from restrictions13,262,245(13,262,245)
Total Revenue$26,189,627$1,385,208$27,574,835
ExpensesWithout RestrictionsWith Restrictions2018 Total
Program services –$6,622,788
Accompanying the church$6,622,78813,285,015
Responding to human needs13,285,0151,428,854
Public awareness1,428,854
Total program services21,336,65721,336,657
Support service –
Management and general2,124,1682,124,168
Fund-raising2,585,3592,585,359
Total support services4,709,5274,709,527
Total Expenses$26,046,184$26,046,184
Net Assets2018 Total
Undesignated$15,324,561
BD designated6,614,902
Plant3,730,189
Without donor restrictions25,669,652
With donor restrictions30,044,945
Total Net Assets$55,714,597

Audited Financial Statements

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