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2003 NCEF Financial Reports

Fourth Quarter 2003

In the US:
Balance from last quarter:$2329.82
Income (Donations):$2549.85
Total Expenses:$108.93
Balance:$4770.74

Expenses for this quarter include communications to Nepal, more pamphlets, transfer fees for last quarter's money transfer, certificates for this year's volunteers and miscellaneous office supplies. This quarter we were charged $4.08 in Paypal fees for donations received online. Of the expenses incurred this quarter $99.85 were paid directly by members as donations to NCEF.

In Nepal
Balance from last quarter:Rs. 78288
Fundraising:Rs. 33650
Expenses:Rs. 1982
Balance:Rs. 109956

This quarter our members in Nepal have started raising funds as well. A movie screening raised Rs. 33650 after expenses (Rs. 10000 to rent the theater).

Breakdown of Expenses
Office Supplies:Rs. 1482
Refreshments:Rs. 500

Third Quarter 2003

In the US:
Balance from last quarter:$2836.22
Income (Donations):$500.00
Expenses:$6.40
Sent to Nepal:$1000.00
Total Expenses:$1006.40
Balance:$2329.82

This quarter we were charged $6.40 in Paypal fees for donations received online.

In Nepal
Balance from last quarter:Rs. 14816
From the US:Rs. 73445
Expenses:Rs. 9973
Balance:Rs. 78288

Breakdown of Expenses
School Fees:Rs. 7876
Uniforms:Rs. 988
Office Supplies:Rs. 650
Transportation:Rs. 320
Document Services:Rs. 89
Miscellaneous:Rs. 50

Document Services consists of photcopies and scans as part of our applicaiton process. Transportation refers to any transportation costs incurred in monitoring visits.

Second Quarter 2003

In the US:
Balance from last quarter:$1587.25
Income (Donations):$1876.40
Expenses:$127.43
Sent to Nepal:$500
Total Expenses:$627.43
Balance:$2836.22

This quarter our mailing address was moved to a PO box for stability. Expenses for this month include the yearly rental fee for the PO Box and web hosting fees. The PO Box fee of $61.00 was paid for by our members as a donation to NCEF. This quarter we were charged $6.43 in Paypal fees for donations received online.

In Nepal
Balance from last quarter:Rs. 11254
From the US:Rs. 37509
Expenses:Rs. 33947
Balance:Rs. 14816

Breakdown of Expenses
Books:Rs. 1765
School Fees:Rs. 24527
Uniforms:Rs. 2140
Office Supplies:Rs. 3660
Refreshments:Rs. 694
Transportation:Rs. 1051
Document Services:Rs. 110

Document Services consists of photcopies and scans as part of our applicaiton process. Transportation refers to any transportation costs incurred in monitoring visits.

First Quarter 2003

In the US:
Balance from last quarter:$1654.20
Income (Donations):$372.25
Expenses:$239.20
Sent to Nepal:$200.00
Total Expenses:$439.20
Balance:$1587.25

Expenses for this month included fund raising expenses for the first printing of our pamphlets and domain name renewal. The printing costs of $222.25 were paid by our members as a donation to NCEF. This quarter we were charged $4.95 in Paypal fees for donations received online.

In Nepal
Balance from last quarter:Rs. 5052
From the US:Rs. 15000
Expenses:Rs. 8798
Balance:Rs. 11254

Breakdown of Expenses
School Fees:Rs. 3050
Office Supplies:Rs. 600
Refreshments:Rs. 706
Transportation:Rs. 1636
Document Services:Rs. 2476
Miscellaneous:Rs. 330

Document Services consists of photcopies and scans as part of our applicaiton process. Transportation refers to any transportation costs incurred in monitoring visits.


NCEF is a 501 (c) (3) charitable organization.
US Taxpayer ID: 51-0424140
© Copyright Nepalese Children's Education Fund 2012.