Annual Report 2012

1
2
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+7/61<1>-,-+416-$0-:-.7:-6,1)75-C;.1:;<5)6,)<-?);<7),,:-;;1;74)<17667:,-:<7
5)@151B-:-;7=:+-;6,1)75-0),<7*-+:-)<1>-$0-.7=6,16/57,-41;<7=;--@1;<16/
.)+141<1-;<7+:-)<-+=4<=:)44A:-4->)6<8:7/:)5516/.7:6,1)6;-617:;16<0-+755=61<A
$:)6;87:<)<176?);/-6-:7=;4A,76)<-,*A<0-7;01)514A7=6,)<176$01;?);158-:)<1>-16
5)316/6,1)75-)++-;;1*4-6.7=:;07:<A-):;6,1)75--@8)6,-,,:)5)<1+)44A<7
:=6616/+-6<-:;)<.1>-,1..-:-6<47+)<176;):7=6,!=--6;-?(7:3
$0-8:7/:)5516/.7:<0-+-6<-:;?);,-;1/6-,*A0-)4<08:7.-;;176)4;<.7+=;-;76);8-+<;
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+76+-6<:)<176-@-:+1;-;0-)4<04-+<=:-;)6,,1;+=;;176;)6,.7;<-:16/<)4-6<)6,+:-)<1>1<A
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0);*--6>-:A?-44:-+-1>-,+):-/1>-:;=887:<8:7/:)5?);;<):<-,16<7)44->1)<-<0-
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<01;878=4)<1766,1)75-8):<6-:-,?1<0>):17=;)+),-51+/:7=8;<7),,:-;;<01;367?4-,/-/)8
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$01;+744)*7:)<1761;<7+4-):4A-4=+1,)<-<0-0-)4<06--,;)6,,1;8):1<1-;167=:+755=61<A$0-/:7=8<:)16-,
7=:;-617:>74=6<--:;<7;-:>-);+755=61<A*);-,:-;-):+0-:;)6,+744-+<,)<)$0-# "<-)5?144)4;7
)1,=;16+76<16=16/7=:0-)4<041<-:)+A-,=+)<1768:7/:)5516/*A8:7,=+16/0-)4<016.7:5)<17616,1..-:-6<
6,1)64)6/=)/-;
/*$&2/'&6!/1+
,-<)14-,>1,-77.<0-;-617:;7.6,1)75-)6,<0-,)14A)+<1>1<1-;7.<0-;7+1)4,)A8:7/:)5)88-):-,16<0-
&71+-;7.-?(7:3)8:72-+<7.<0-%(:),=)<-#+07747.7=:6)41;5$01;?);8):<7.);-:1-;
01/041/0<16/<0-1587:<)6+-7.<)147:16/8:7/:)5;<7;8-+1.1+878=4)<176;&1;1<0<<8>15-7+75
<7
>1-?<0->1,-77:0<<8>71+-;7.6A7://:)A16/16+747:)/16/)+<1>-4A)576/A7=:7?6<7:-),<0-
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&(-&.32
6,1)75-5-5*-:;0),<0:--0)4.07=:;-/5-6<;76$&)6-?;+0)66-4;-:>16/#7=<0;1)6;16<0--?
(7:31<A):-)$01;?);)?76,-:.=4.7:=5<7;07?+);-7=:;-617:;C+:-)<1>1<A=:;-617:;;)6/,)6+-,
)+<-,)6,+76,=+<-,,1;+=;;176;16<0-;-;-/5-6<;
10
11
India Home Inc.
Statement of Activities and Changes in Net Assets
Cash Basis
Year Ended December 31, 2011
(with summarized comparative information for the year ended December 31, 2010)
2011
2010
Revenue and other support:
Contributions
$
92,365
$
91,171
Program Service Revenue
$
27,445
$
-
Fundraising Revenue
$
25,307
$
30,660
Government Contracts
$
14,354
$
-
Grants
$
19,993
$
-
$
179,464
$
121,831
Program services
$
127,206
$
122,839
Support services
$
24,206
$
11,178
Fundraising expenses
$
11,100
$
5,327
Total expenses
$
162,512
$
139,344
Changes in net assets
$
16,952
$
(17,513)
Net assets at the beginning of the year
$
(81,704)
$
(64,191)
Net assets at the end of the year
$
(64,752)
$
(81,704)
Total revenue and other support
Expenses:
12
See independent
auditor's report.
The accompanying notes are an integral part of these statements.
India Home Inc.
India Home Inc.
Statement of Financial Position
Statement
ofHome
Financial
Position
IndiaCash
Basis Inc.
Cash
Basis
December 31, 2011
December 31, 2011
(with summarized comparative
financial
information
as of December 31, 2010)
Statement
of Financial
Position
2010
(with summarized comparative financial information as2011
of December 31, 2010)
Cash Basis
ASSETS
ASSETS(with
December 31, 2011
2011
2010
summarized comparative financial information as of December 31, 2010)
2011
Cash and cash equivalents
2010
$
$
$
$
$
$
$
10,846
10,846
12,253
12,253
10,846
-
$
$
$
$
$
$
$
55
55
21,442
21,442
408
55
408
Fixed assets (see note 3)
Total assets
Total assets
Other assets
$
$
$
12,253
23,099
23,099
-
$
$
$
21,442
21,905
21,905
408
Total assets& NET ASSETS
LIABILITIES
LIABILITIES & NET ASSETS
$
23,099
$
21,905
Loans (see note 4)
Loans (see note 4)
Other
Liabilities payables & liabilities
Other payables & liabilities
Total
Loansliabilities
(see note 4)
Total liabilities
$
$
$
$
$
$
$
75,000
75,000
12,851
12,851
87,851
75,000
87,851
$
$
$
$
$
$
$
90,000
90,000
13,609
13,609
103,609
90,000
103,609
Net Other
assetspayables & liabilities
Net assets
Totalassets
liabilities
Net
Net assets
net assets
Net Total
assets
Total net assets
$
12,851
$
13,609
$
$
$
$
87,851
(64,752)
(64,752)
(64,752)
(64,752)
$
$
$
$
103,609
(81,704)
(81,704)
(81,704)
(81,704)
Net assets
Total liabilities
and net assets
Total liabilities and net assets
Total net assets
$
$
$
(64,752)
23,099
23,099
(64,752)
$
$
$
(81,704)
21,905
21,905
(81,704)
Total liabilities and net assets
$
23,099
$
21,905
ASSETSCash and cash equivalents
Fixed assets (see note 3)
Fixed assets (see note 3)
Other
assets
Cash and
cash equivalents
Other assets
Liabilities
LIABILITIES
& NET ASSETS
Liabilities
13
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14
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