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Financials
Political Research Associates, Inc.
Statement of Activities for the Year Ended December 31, 2006
with Comparative Totals for 2005
| | 2006 | 2005 |
| Support and Revenue | | |
| Grants and Contributions | $ 917,997 | $ 516,673 |
| Program Revenue | 26,135 | 13,926 |
| Special Events, Net of Direct Costs | 5,557 | -- |
| Interest and Other Income | 14,388 | 5,771 |
| Total Support and Revenue | 964,077 | 536,370 |
| | | |
| Functional Expenses | | |
| Program | 550,642 | 586,557 |
| Administrative | 123,356 | 81,445 |
| Development | 146,260 | 111,637 |
| Total Functional Expenses | 820,258 | 779,639 |
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| Change in Net Assets | 143,819 | (243,289) |
| Net Assets - Beginning of Year | 577,888 | 821,177 |
| Net Assets - End of Year | 721,707 | 577,888 |
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| This is a summary representation of our fiscal standing as of December 31,2006. For an official copy of these audited financial statements, from which this information was derived, please contact Amy Lessler at Political Research Associates. |
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