Financial Statements

Welcome and thank you for coming to this part of our site.

Humanity’s Team is committed to total visibility, which is also called transparency, as well as the highest level of integrity as we determine how we are to spend money and review how we have spent it.

Transparency is far more than an obligation to disclose basic financial information. In the interest of truth and integrity, we choose to clearly and openly present all our financial transactions — everything we take in and everything we spend.

We currently have a very modest budget and are thrifty in how we assess necessary expenditures. Our staff is also currently made up of volunteers and most expenses are not reimbursed. This in-kind investment in Humanity’s Team is what sustains us in our early growth.

We thank our donors for the financial nurturing they bring to us, appreciate the volunteers who sustain us with their time, energy and personal expenses, and are grateful to all the people around the world who are involved in so many ways in the sacred work we are doing.

Balance Sheet (Cash Basis) As of December 31, 2007
ASSETS
Cash 11,286
Cash Temporarily Restricted 9,885
Fixed Assets (net) 10,552
Other Assets 625
TOTAL ASSETS 32,348
LIABILITIES & NET ASSETS
Unrestricted 22,463
Temporarily Restricted 9,885
Permanently Restricted -
TOTAL LIABILITIES & NET ASSETS 32,348

Statement of Changes in Net Assets
(Cash Basis)
For the year ended
December 31, 2007
REVENUES
Contributions 74,854
World Tour 73,756
TOTAL REVENUES 148,610
EXPENSES
Bank & Processing Fees 1,888
Boulder Event 810
Conferences & Meetings 399
Depreciation 1,601
Insurance 1,810
Internet Services 1,402
Misc. Taxes & Licenses 105
Office and Computer Supplies 2,024
Office Expenses 3,591
Oneness Summit 2008 4,000
Other Expenses 151
Postage and Shipping 381
Public Relations 445
Professional Fees 2,720
Rent/Occupancy 9,343
Staff Development 7,058
Teammate Database 3,990
Telephone & Communication 6,720
Travel 19,307
Web Site Maintenance 5,326
World Tour - Contracted Services 10,000
World Tour - Travel and Meals 64,224
TOTAL EXPENSES 147,295
CHANGES IN NET ASSETS 1,315
NET ASSETS, beginning of the year 31,033
NET ASSETS, end of the year 32,348