2004 NCEF Financial Reports
In the US: |
Balance from last quarter: |
$9043.25 |
Income (Donations): |
$12316.55 |
Total Expenses: |
$83.77 |
Balance: |
$21279.03 |
This quarter we were charged $68.77 in Paypal fees for donations
received online. We also spent $15.00 to in filing fees to file the
Massachusetts corporate annual report. This expense of $15 was donated
by our treasurer.
In Kathmandu |
Balance from last quarter: |
Rs. 48815.2 |
Expenses: |
Rs. 7312 |
Balance: |
Rs. 41503.2 |
Breakdown of Expenses |
School Fees: |
Rs. 5145 |
School Supplies: |
Rs. 846 |
Refreshments: |
Rs. 856 |
Transportation: |
Rs. 260 |
Miscellaneous: |
Rs. 205 |
In Nepalgunj |
Balance from last quarter: |
Rs. 9209.9 |
Expenses: |
Rs. 2580 |
Balance: |
Rs. 6629.9 |
Breakdown of Expenses |
School Fees: |
Rs. 1815 |
School Uniforms: |
Rs. 555 |
Books and supplies: |
Rs. 210 |
In Kavre |
Balance from last quarter: |
Rs. 38071 |
Expenses: |
Rs. 7400 |
Balance: |
Rs. 30671 |
Breakdown of Expenses |
School Fees: |
Rs. 6755 |
Books and supplies: |
Rs. 645 |
In the US: |
Balance from last quarter: |
$5462.71 |
Income (Donations): |
$3628.91 |
Total Expenses: |
$48.37 |
Balance: |
$9043.25 |
This quarter we were charged $34.21 in Paypal fees for donations received online. All other expenses incurred this quarter ($15.91) were paid directly by members as donations to NCEF. There are typically less expenses in the third quarter since most school fees are paid several months in advance.
In Kathmandu |
Balance from last quarter: |
Rs. 62824.2 |
Expenses: |
Rs. 14009 |
Balance: |
Rs. 48815.2 |
Breakdown of Expenses |
School Fees: |
Rs. 2400 |
School Supplies: |
Rs. 650 |
Refreshments: |
Rs. 1275 |
Transportation: |
Rs. 560 |
Document Services: |
Rs. 1010 |
Miscellaneous: |
Rs. 8064 |
You may notice that misc is unusually high. This is because 7,854 NRS of that was actually used for books/school fees/school supplies but those receipts have not been broken down yet. Once we have that information the records will be updated.
Document Services consists of photcopies and scans as part of our applicaiton process.
Transportation refers to any transportation costs incurred in monitoring visits.
In Nepalgunj |
Balance from last quarter: |
Rs. 11981.9 |
Expenses: |
Rs. 2772 |
Balance: |
Rs. 9209.9 |
Breakdown of Expenses |
School Fees: |
Rs. 1950 |
School Supplies: |
Rs. 822 |
In Kavre |
Balance from last quarter: |
Rs. 38071 |
Expenses: |
Rs. 0 |
Balance: |
Rs. 38071 |
In the US: |
Balance from last quarter: |
$5481.99 |
Income (Donations): |
$1187.55 |
Total Expenses: |
$1206.83 |
Balance: |
$5462.71 |
Starting this quarter NCEF has started operations in two new regions in addition to Kathmandu. We now support students in Kavre and Nepalgunj. As a result, financial reports from now on will have a separate section for each region rather than just one for Nepal.
This quarter we had to make a large money transfer to fund our two new regions. We made the mistake of using Western Union and the transfer fee summed up to $111.55. The cost was covered as a donation by one of the board members but from now on we will make all transfers exclusively through bank transfers.
Other expenses this quarter included $20 for phone calls to Nepal (covered by donations from board members), $58 to renew our PO box and $17.28 in Paypal fees. All other expenses incurred this quarter ($131.55) were paid directly by members as donations to NCEF.
In Katmandu |
Balance from last quarter: |
Rs. 101005 |
Expenses: |
Rs. 38180.8 |
Balance: |
Rs. 62824.2 |
Breakdown of Expenses |
School Fees: |
Rs. 23055 |
School Supplies: |
Rs. 4146.5 |
School Uniforms: |
Rs. 6245 |
Refreshments: |
Rs. 945 |
Transportation: |
Rs. 220 |
Document Services: |
Rs. 172 |
Document Services consists of photcopies and scans as part of our applicaiton process.
Transportation refers to any transportation costs incurred in monitoring visits.
In Nepalgunj |
Balance from last quarter: |
Rs. 0 |
Expenses: |
Rs. 8168.1 |
Balance: |
Rs. 11981.9 |
Breakdown of Expenses |
School Fees: |
Rs. 2435 |
School Supplies: |
Rs. 2947.1 |
School Uniforms: |
Rs. 2636 |
Miscellaneous: |
Rs. 150 |
Miscellaneous fees comprised bank transfer fees of Rs. 150.
In Kavre |
Balance from last quarter: |
Rs. 0 |
Expenses: |
Rs. 10979 |
Balance: |
Rs. 38071 |
Breakdown of Expenses |
School Fees: |
Rs. 4610 |
School Supplies: |
Rs. 2843 |
School Uniforms: |
Rs. 3526 |
In the US: |
Balance from last quarter: |
$4770.74 |
Income (Donations): |
$801.18 |
Total Expenses: |
$89.93 |
Balance: |
$5481.99 |
Expenses for this quarter include web hosting, domain name renewal, communications to Nepal and postage costs. This quarter we were charged $23.75 in Paypal fees for donations received online. All other expenses incurred this quarter ($66.18) were paid directly by members as donations to NCEF.
In Nepal |
Balance from last quarter: |
Rs. 109956 |
Expenses: |
Rs. 8951 |
Balance: |
Rs. 101005 |
Breakdown of Expenses |
School Fees: |
Rs. 4861 |
Office Supplies: |
Rs. 1478 |
Refreshments: |
Rs. 1030 |
Transportation: |
Rs. 400 |
Document Services: |
Rs. 192 |
Miscellaneous: |
Rs. 990 |
Document Services consists of photcopies and scans as part of our applicaiton process.
Transportation refers to any transportation costs incurred in monitoring visits.
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