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Reply #9: Phrase the question better. Where did the money come from, or where [View All]

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Career Prole Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-12-04 02:21 PM
Response to Reply #7
9. Phrase the question better. Where did the money come from, or where
did the info come from?

From the FAQ's on the ADF site we find
What is your annual budget?
ADF’s annual budget is approximately $16 million. Funds were allocated to programs in the following percentages in 2001: 8% General & Administrative; 9% Development; 33% Other Program Services; 42% ADF-Maintained Escrow for Grants and Projects Awarded; and 8% Grants and Projects Funded.
ADF strives to use wisdom as we steward the money God has graciously provided. We realize that each gift is a sacrifice from our ministry friends, and therefore we believe we must honor that sacrifice. ADF is proud to be a member in good standing with the Evangelical Council for Financial Accountability, and we are audited each year by the ECFA.

http://www.alliancedefensefund.org/faqs/financial.php

From the Better Business Bureau we find
Total income $16,710,601
Program expenses $11,545,435
Fund raising expenses 2,091,129
Administrative expenses 2,003,654

--------------------------------------------------------------------------------

Total expenses ($15,640,218)
----------------------------------------------------------------------

Income in Excess of Expenses 1,070,383
Beginning net assets 18,024,777

----------------------------------------------------------------------

Ending net assets 19,095,160
Total liabilities 435,470
----------------------------------------------------------------------

Total assets $19,530,630
----------------------------------------------------------------------

http://www.give.org/reports/care2_dyn.asp?749
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