Yusef Ramelize Portfolio Jun. 2016 | Page 26

STATEMENT OF FUNCTIONAL EXPENSES FOR THE YEAR ENDED DECEMBER 31, 2015
(with summarized comparative financial information for the year ended December 31, 2014)

2014
Total

$ 55,961

$ 338,072

$ 475,656

Management
and general

$ 235,371

$ 46,740

Grants, scholarships and awards

325,152

-

Donated salaries

212,180 42,135 50,448 304,763 242,902

Donated facilities and services

Gala venue, food, photography
and other direct expenses

-

- 325,152 266,087

- 240,220 240,220 245,033

Travel

66,832 12,267 753 79,852 71,709

Professional fees

15,800 43,645 16,207 75,652 220,733

Non‑gala venue and other expenses

20 213 54,421 54,654 36,504

Bank and investment fees

5,945 30,066

- 36,011 43,967

Committee meetings

4,289 24,602

- 28,891 5,645

Printing, mailing and office expense

1,031 13,343 436 14,810 15,948

Filing fees

- 5,399

- 5,399 6,702

Publicity

- 2,976

- 2,976

-

Freight and messenger

919 2,003 24 2,946 3,902

Telephone and internet

2,126 657 24 2,807 1,563

Signage
Miscellaneous
Dues and subscriptions
TOTAL

26

Fundraising

2015
Total

Program
services

- 1,115 167 1,282 1,610
40 599
-

490

$  869,705

$  226,250

- 639 1,511
-

490

569

$  418,661 $ 1,514,616 $  1,640,041