2004-2006 Financial Information for ProCon.org

Home About Us Theoretical Credibility Methodology Financial Info Traffic Terms of Use Contact Us Donate

2004-2006 Financial Information for ProCon.org

I. 2006 Financial Summary
II. 2006 vs. 2005 Expenses: A Graphical Breakdown
III. Detailed Chart of Financial Data, 2004 – 2006
IV. Definitions of Terms Used

I. 2006 Financial Summary
In 2006 ProCon.org received total gross income from donations of $516,726 up from $373,120 in 2005. Of our $526,862 in 2006 expenses, $482,615 (91.6%) was spent on program services, $30,247 (5.7%) on management and general expenses, and $14,000 (2.7%) on fundraising expenses. ProCon.org operates with such a high percentage of its expenditures in program services for several reasons including: so far we pay no rent, we incur no accounting expenses, we spend small amounts to yield large amounts of funds raised, our operation is remarkably efficient, and our Chairman has refused a salary since we started.
II. 2006 vs. 2005 Expenses: A Graphical Breakdown

III. Detailed Chart of Financial Data, 2004 – 2006

For the 12 Months
Ending Dec. 31, 2006 Percent of Total For the 12 Months
Ending Dec. 31, 2005 Percent of Total For the 6 Months
Ending Dec. 31, 2004 Percent of Total

1. Fundraising:

- Total Contributions (Unrestricted) $ 516,726 100% $ 373,120 100% $ 86,326 100%

- Total $ 516,726 100% $ 373,120 100% $ 86,326 100%

2. Efficiency of Expenditures:

- Program Services Expenditures* $ 482,615 91.6% $ 319,027 92.2% $ 77,629 90.4%

- Management and General Expenses** 30,247 5.7% 27,128 7.8% 8,173 9.6%

- Fundraising Expenses 14,000 2.7% 0 0 0 0

- Total $ 526,862 100% $ 346,155 100% $ 85,802 100%

3. Excess <Deficit> of Operating Revenue
over <under> Expenses:
<$10,136>
-
$ 26,965
-
$ 525
-

4. Balance Sheet: as of 12/31/06 as of 12/31/05 as of 12/31/04

Assets:

- Cash and Cash Equivalents $ 19,719 - $ 33,746 - $ 534 -

- Receivables 0 - 2,098 - 0 -

- Total Assets $ 19,719 - $ 35,844 - $ 34 -

Liabilities:

- Payables and Accrued Expenses $ 2,364 - $ 8,354 - $ 10 -

- Total Liabilities $ 2,364 - $ 8,354 - $ 10 -

Equity:

- Total Equity $ 17,355 - $ 27,489 - $ 525 -

Total Liabilities and Equity $ 19,719 - $ 35,844 - $ 534 -

IV. Definitions of Terms Used
[Definitions provided by the Internal Revenue Service - http://www.irs.gov/instructions/i990-ez/ar02.html#d0e5239]

Program services are mainly those activities that the reporting organization was created to conduct and which, along with any activities commenced subsequently, form the basis of the organization's current exemption from tax.
Overall management expenses usually include the salaries and expenses of the chief officer of the organization and that officer's staff. General expenses include those for meetings of the board of directors or similar group; committee and staff meetings (unless held in connection with specific program services or fundraising activities); general legal services; accounting (including patient accounting and billing); general liability insurance; office management; auditing, personnel, and other centralized services; preparation, publication, and distribution of an annual report; and investment expenses.
Fundraising expenses are the total expenses incurred in soliciting contributions, gifts, grants, etc.

Home About Us Theoretical Credibility Methodology Financial Info Traffic Terms of Use Contact Us Donate

Disclaimer

Privacy Statement

How to Use www.ProCon.org (PDF)

Fax: 310-393-2471

		For the 12 Months Ending Dec. 31, 2006	Percent of Total	For the 12 Months Ending Dec. 31, 2005	Percent of Total	For the 6 Months Ending Dec. 31, 2004	Percent of Total
1. Fundraising:
	- Total Contributions (Unrestricted)	$ 516,726	100%	$ 373,120	100%	$ 86,326	100%
	- Total	$ 516,726	100%	$ 373,120	100%	$ 86,326	100%
2. Efficiency of Expenditures:
	- Program Services Expenditures*	$ 482,615	91.6%	$ 319,027	92.2%	$ 77,629	90.4%
	- Management and General Expenses**	30,247	5.7%	27,128	7.8%	8,173	9.6%
	- Fundraising Expenses	14,000	2.7%	0	0	0	0
	- Total	$ 526,862	100%	$ 346,155	100%	$ 85,802	100%
3. Excess <Deficit> of Operating Revenue over <under> Expenses:		<$10,136>	-	$ 26,965	-	$ 525	-

4. Balance Sheet:		as of 12/31/06		as of 12/31/05		as of 12/31/04
	Assets:
	- Cash and Cash Equivalents	$ 19,719	-	$ 33,746	-	$ 534	-
	- Receivables	0	-	2,098	-	0	-
	- Total Assets	$ 19,719	-	$ 35,844	-	$ 34	-
	Liabilities:
	- Payables and Accrued Expenses	$ 2,364	-	$ 8,354	-	$ 10	-
	- Total Liabilities	$ 2,364	-	$ 8,354	-	$ 10	-
	Equity:
	- Total Equity	$ 17,355	-	$ 27,489	-	$ 525	-
	Total Liabilities and Equity	$ 19,719	-	$ 35,844	-	$ 534	-