CARM Financial Statement

The Christian Apologetics and Research Ministry, Inc.    
Profit & Loss  For the Years Ended    

2007 2008 2009 2010 2011 2012
INCOME


     
Discussion Forums     5,570 6,318 4,701 5505.77
Donations 114,660.37 123,176.23 113,243 86,526 96,893 99114.70
Interest Income 36.27 6.91 3.58      
Internet Schools 36,825 26,427.50 24,516.60 23,605 21,491 23284
Other Income
4,250 20,583.71 30,455 66,207 101604.42
Sales
14,880.28 10,997 6,923 6,612 6506.68
TOTAL INCOME $ 151,521.64 $ 168,740.92 $ 174,938.89 153,827 195,904 236,015.57

Expenses


     
Advertising 535 600 0 0 0 0
Automobile Expense 2,266.87 9,135.18 2,704.37 0 0 0
Bank Fees 4,780.94 6,117.83 6,316.69 5,984.35 5,436.87 5,642.07
Books & Literature 5,403.50 2,816.11 418.70 107.26 478.85 2,132.41
Broadcasting 6,430 6,135 6,180 6180 6,180 12,230
Computer Supplies 2,570.84 6,286.19 2,069.35 3,267.18 2,504.96 6,750.29
Contract Labor 5,000 12,260 22,334.86 21,810.28 23,914.49 37,585.55
Depreciation expense 1,071 2,385.80 1,871.28 2,177.52 2,177.52 3,882.85
Legal & Accounting 1,450 3,599.62 4,145
2,100 2,320 6,270
Meals & Entertainment 974.51 1,555.85 552.45 588.51 479.85 2,183.68
Miscellaneous Expense 35 100 989.69 0 200  
Office Supplies 7,282.14 4,519.76 2,685.78 2,127.01 2,105.20 2,254.93
Payroll Expenses 79,083 91,417.48 92,373.89 99,262.21 98,133.15 106,459.65
Postage 1,095.33 1,187.93 687.17 735.74 671.48 629.51
Publication expense 2,909.09 4,224.03 5,323.73 6,852.68 3,392.03 4,867.47
Rent - Office 9,800 9,600 5,389.22 0 0 1,925
Telecommunications 2,783.45 2,628.20 2,735.78 3,232.93 4,082.90 3,565.35
Travel 3,163.73 3,962.60 497.75 925.26 2,962.32 8,718.72
Video - Production/Rent           4,282.86
Webhosting     2,005.24 2,241.85 6,545.66 8,971.55
TOTAL EXPENSES $ 136,634.40 $ 168,531.58 $ 159,280.95 $ 157,592.78 $ 161,585.28 216,426.89
NET INCOME
$ 14,887.24 $ 209.34 $ 15,357.94 $ -3765.78 $ 34,318.72 19,588.68

 

 

 

 
 
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