G R E E N  N e w s l e t t e r,  S p r i n g  1 9 9 8

Annual Report

• Friends of GREEN
• GREEN 1996-97 Financial Statement

Thanks to These Friends of GREEN

Abernathy MacGregor Group, Inc., NY, NY Anonymous, Englewood, NJ Michael Berla, Columbia, MD William Bryan, Jr., Bozeman, MT Bunyan Bryant, Ann Arbor, MI Trudy & Johnathan Bulkley, Ann Arbor, MI David Bydlowski, Livonia, MI Belinda Chin, Seattle, WA W. B. Clapham Jr., Cleveland, OH Dorothy Cox, Gladwin, MI Asho Craine, Ann Arbor, MI Mare Cromwell, Baltimore, MD Marie Donahue, Pittsburgh, PA Donna Drouin, Chester, VT Liz & Gary Elling, Ann Arbor, MI Everett & Judith Foster, Clayton, NY Susan Goetz, Deephaven, MN Kathryn Goldstein, Short Hills, NJ Elizabeth Hemming, Beverly Hills, MI Sophy Johnston, Kingston, WA Styliadis Kostas, Thessaloniki, Greece John Kopec, Columbus, OH Cal Kullman, Sherwood Park, Alberta, Canada Karen Lippy, Belfair, WA Fen Lewis, Wadsworth, OH Sherman Lundy, Burlington, IA Neal Maine, Seaside, OR Mary Mazmanian, Ann Arbor, MI Patricia McGuire, Lockport, NY

Claire Montgomery, New York, NY Bill Moore, Romney, WV Ken & Judie Mullins, Franklin, MI Jeane Murphy, Saginaw, MI Shreeman Neupane, Ghorahi, Dang, Nepal Jim Palmer, Meadville, PA Daniel Phillips, Ann Arbor, MI Robert & Doris Phillips, Shelby Township, MI Larry Price, Ann Arbor, MI Judy & Terry Pritchett, Sterling Heights, MI Joe Rathbun, Trenton, MI Research Foundation of SUNY, Buffalo, NY Kathryn & Duane Renken, Ann Arbor, MI Wally Rentsch, Wendham, NJ Phyllis Reynolds, Wayne, OH Rivers Council of Washington, Seattle, WA Hazen Schumacher, Ann Arbor, MI Colin Sell, Toronto, Canada Ed Silcox, Wayne, PA Bill & Gloria Stapp, Ann Arbor, MI Kim Stokely, Hayfork, CA Gale Swan, W. Bloomfield, MI Mr. & Mrs. E. W. Thompson, Ann Arbor, MI Patrick Walker & Janet Charnley, Snohomish, WA Keith Wheeler, Ann Arbor, MI Erica Wiberg, Riverside, CT Bill Wilcox , Scottsdale, AZ Lori Wingerter, Oakland, MI Ben and Fran Wylie, Ann Arbor, MI

      

         

            
Global
               Rivers

               Environmental Education Network

               1996-97 Financial Statement
               
               
Global Rivers Environmental Education Network
Statement of Financial Position as of June 30, 1997
   
Assets
	Current Assets:
	Cash			                       $85,995
	Accounts Receivable (Note 1)	     	 20,590
	Grants Receivable		                 40,763
	Inventory (Note 1)		                 5,102
	Prepaid Expenses		                   2,907
		Total Current Assets		       155,357
   
	Deposits		                           4,763
	Property and Equipment (Note 1):
	Furniture and Fixtures	                   2,430
	Equipment	                               28,762
			                                  31,192
Less Accumulated Depreciation             21,144    10,048
		Total Assets		              $170,168
   
Liabilities and Net Assets
	Current Liabilities:
	Accounts Payable		                 $27,568
	Accrued Payroll and Payroll Taxes	          837
	Deferred Grant Revenue (Note 2)	         30,453
		Total Current Liabilities	         58,858
   
Net Assets:
	Unrestricted		                      11,310
	Temporarily Restricted		           100,000
		Total Net Assets		           111,310
		Total Liabilities and Net Assets      $170,168
   
Global Rivers Environmental Education Network
Statement of Activities For the Year Ended June 30, 1997
   
				      Temporarily
				      Restricted
		   Unrestricted	Fund	  Total
   
Revenue:	                 615,906   100,000   715,906
Expenses:
	Program Services	   478,215	-	478,215
	General Administrative   194,156	-	194,156
	Fund Raising	        14,569	-	 14,569
	Cost of Sales	       48,156	-	 48,156
		Total Expenses     735,096	-	735,096
   
Change in Net Assets	    ($19,190)  100,000    80,810
   
Net Assets
as of June 30, 1996	      $30,500	-	$30,500
   
Net Assets
as of June 30, 1997	      $11,310  $100,000  $111,310
   
These reports have been derived from the audited financial 
statements, upon which an unqualified opinion was given by 
Curtis, Bailey, Exelby and Sposito, P.C. Copies of the 
complete audited financial statements are available upon
request. 
            
            

         
      
   
   
   

 

[Return to the GREEN Home Page]