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2013 Financial Information

Dear Board of Trustees,

I conducted my audit in accordance with auditing standards generally accepted in the United States of America and standards applicable to financial audits contained in government Auditing Standards, issued by the Comptroller General of the United States of America.

In my opinion, the financial statements present fairly in all materials, the financial position
of Northwest New Jersey Community Action Partnership, Inc. (NORWESCAP) as of August 31, 2013.

Lawrence Belcher, Jr.
Certified Public Accountant


SOURCE OF REVENUE
STATE OF NEW JERSEY $3,480,502 11.08%
CHILD CHARE VOUCHERS $5,775,000 18.36%
LIHEAP VOUCHERS $8,206,000 26.09%
WIC VOUCHERS $3,761,265 11.96%
FEDERAL FUNDING $6,230,561 19.82%
LOCAL GOVERNMENT $1,236,669 3.93%
UNITED WAY AND PRIVATE 2,754,260 8.76%
TOTAL $31,444,257 100%
     
SOURCE OF EXPENSES    
DIRECT SERVICES $12,098,430 38.4%
CHILD CARE VOUCHERS $5,775,000 18.3%
LIHEAP VOUCHERS $8,206,000 26.09%
WIC VOUCHERS $3,761,265 11.9%
ADMINISTRATION $1,603,562 5.31%
TOTAL $31,447,257 110%



As a non-profit organization, we are responsible for all of the funds entrusted to us. As a result, we freely share our fiscal information available. Information can be obtained by visiting, www.guidestar.org.

GuideStar is a trusted source and allows NORWESCAP to provide current information on the agency 990 form at no cost to the organization.

Please visit GuideStar, learn more about our transparency and allow us to demonstrate the effectiveness and fiscal accountability of the organization.