Northern California Community Blood Bank
A Non-Profit Corporation
Statement of Activities
For the Year Ended June 30, 2006
|
Revenue and Support
|
|
|
|
|
Products
and Services
|
$
|
4,899,090
|
|
|
Donations
|
|
2,001
|
|
|
Customer
Service Fees
|
|
23,973
|
|
|
Net
Rental Income
|
|
22,882
|
|
|
Interest
Income
|
|
17,555
|
|
|
Miscellaneous
Incom
|
|
10,030
|
|
|
Total
Revenue and Support
|
|
|
$
|
4,975,531
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Functional Expenses
|
|
|
|
|
Direct
Program Services
|
$
|
3,654,921
|
|
|
General and
Administrative
|
|
931,585
|
|
|
Fund
Raising
|
|
-
|
|
|
Total
Functional Expenses
|
|
|
4,586,506
|
|
|
|
|
|
|
Change in Net Assets
|
|
|
389,025
|
|
|
|
|
|
|
Unrestricted Net Assets – Beginning of Year
|
|
|
3,071,751
|
|
|
|
|
|
|
Prior Period Adjustment – Free Blood Services
|
|
|
(92,001)
|
|
|
|
|
|
|
Unrestricted Net Assets – End of Year
|
|
|
3,368,775
|
|
|
|
|
|
See Accompanying
Notes
Northern California Community Blood Bank
A Non-Profit Corporation
Statement of Activities
For the Year Ended June 30, 2006
|
|
Direct
Program
Service
|
General
And
Management
|
Fund
Raising
|
Total
|
|
Expenses
|
|
|
|
|
|
Salaries
and Wages
|
$1,446,366
|
$279,780
|
$
|
$1,726,146
|
|
Payroll
Taxes
|
125,688
|
18,987
|
|
144,675
|
|
Payroll
Benefits
|
181,182
|
146,893
|
|
328,075
|
|
Total
Personnel Cost
|
1,753,236
|
445,660
|
-
|
2,198,896
|
|
|
|
|
|
|
|
Direct Cost
of Products Provided
|
153,434
|
|
|
153,434
|
|
Advertising
|
8,175
|
317
|
|
8,492
|
|
Automobile
|
53,706
|
7,665
|
|
61,371
|
|
Bad Debts
|
-
|
4,646
|
|
4,646
|
|
Bank
Charges & Interest
|
|
416
|
|
416
|
|
Computer
Access Charge
|
60,263
|
428
|
|
60,691
|
|
Conference
and Meetings
|
2,701
|
5,089
|
|
7,790
|
|
Depreciation
|
-
|
167,618
|
|
167,618
|
|
Donations
|
-
|
|
|
-
|
|
Dues and
Memberships
|
475
|
33,418
|
|
33,893
|
|
Expendable
Equipment
|
20,527
|
6,330
|
|
26,857
|
|
Insurance
|
-
|
37,145
|
|
37,145
|
|
Janitorial
|
791
|
16,900
|
|
17,691
|
|
Laundry
|
13,047
|
|
|
13,047
|
|
Medical
Cost
|
8,250
|
845
|
|
9,095
|
|
Printing
|
11,936
|
9,655
|
|
21,591
|
|
Professional
Development
|
11,729
|
3,078
|
|
14,807
|
|
Professional
Services
|
596
|
69,328
|
|
69,924
|
|
Postage
|
241
|
7,271
|
|
7,512
|
|
Record
Storage
|
-
|
1,664
|
|
1,664
|
|
Repairs
and Maintenance
|
29,488
|
26,116
|
|
55,604
|
|
Security
|
-
|
1,374
|
|
1,374
|
|
Subscriptions
and Books
|
18,057
|
1,268
|
|
19,325
|
|
Supplies
|
722,197
|
11,267
|
|
733,464
|
|
Surveys
|
1,248
|
|
|
1,248
|
|
Taxes and
Licenses
|
9,334
|
993
|
|
10,327
|
|
Telephone
|
8,505
|
15,221
|
|
23,726
|
|
Testing
Cost
|
703,755
|
|
|
703,755
|
|
Travel
|
41,810
|
20,176
|
|
61,986
|
|
Utilities
|
-
|
33,638
|
|
33,638
|
|
Waste
Disposal
|
21,420
|
4,059
|
|
25,479
|
|
Total
Expenses
|
$3,654,921
|
$931,585
|
$ -
|
$4,586,506
|
See Accompanying
Notes
Northern California Community Blood Bank
A Non-Profit Corporation
Statement of Cash Flow
For the Year Ended June 30, 2006
|
Financial Resources Provided by Operations
|
|
|
|
|
|
|
|
|
|
|
Net Change to Unrestricted Assets
|
|
$389,025
|
|
|
|
|
|
|
|
Non-cash Revenue and Expense Adjustments
|
|
|
|
|
Depreciation
|
|
168,843
|
|
|
Free Blood Services Accrued
|
|
64,413
|
|
|
Free Blood Services Utilized
|
|
(17,543)
|
|
|
Change in Accounts Receivable
|
|
242,024
|
|
|
Change in Inventory
|
|
28,514
|
|
|
Change in Prepaid Expenses
|
|
4,584
|
|
|
Change in Accounts Payable
|
|
(63,162)
|
|
|
Change in Accrued Liabilities
|
|
6,057
|
|
|
|
|
|
|
|
Financial Resources Provided by Operations
|
|
|
$822,755
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial Resources Used by Investing Activities
|
|
|
|
|
|
|
|
|
|
Purchase of Building and Improvements
|
|
(24,024)
|
|
|
Purchase of Office Furniture and Equipment
|
|
(54,086)
|
|
|
Purchase of Medical and Lab Equipment
|
|
(251,479)
|
|
|
Purchase of Transportation Equipment
|
|
(139,753)
|
|
|
|
|
|
|
|
Financial Resources Used by Investing Activities
|
|
|
(469,342)
|
|
|
|
|
|
|
|
|
|
|
|
Net Increase in Cash
|
|
|
353,413
|
|
|
|
|
|
|
Cash at Beginning of Year
|
|
|
736,067
|
|
|
|
|
|
|
Cash at End of Year
|
|
|
$1,089,480
|
|
|
|
|
|
|
Interest Paid for Year
|
|
|
$
|
0
|
|
|
|
|
|
|
|
|
|
|
|
See Accompanying Notes
Notes to Financial Statement
1.
Organization
The Northern
California Community Blood Bank (The Blood Bank) is a not-for-profit
corporation, governed by volunteers. The
organization’s mission is to provide a safe and adequate supply of blood and
other blood services to patients, physicians and hospitals.
Their office is
located in Eureka, California.
In addition to this facility, The Blood Bank operates three blood
mobiles for community collection.
2.
Significant
Accounting Policies
The Blood Bank uses
the accrual basis of accounting.
Acquisitions of
goods or services which benefit more than one year are capitalized and
amortized over their estimated useful lives by the straight-line method.
Inventories and
cost of supplies are stated at cost on a first-in, first-out basis and verified
by physical count at the end of each year.
Blood and Blood Product inventories are computed using a production cost
approach.
3.
Land Buildings and Equipment
Land Buildings
and Equipment are carried at Cost.
|
Land and Land Improvements
|
$
|
14,371
|
|
2520 Buildings and Improvements
|
|
1,181,536
|
|
2524 Buildings and Improvements
|
|
165,129
|
|
Medical and Lab Equipment
|
|
|
