Cabernet Watch Annual statement

Financial Statement - 10/06/2023

Introduction:
This financial statement provides an overview of the financial position of Cabernet Neighborhood Watch as of 10/06/2023. It outlines the organization's income, expenses, assets, and liabilities, reflecting its financial health and stability.
Income:
During the current fiscal year, Cabernet Neighborhood Watch has generated a total income of $500. This income primarily consists of membership fees from local residents and donations received from community businesses and individuals. The steady inflow of revenue has enabled us to carry out our various community safety initiatives effectively.
Expenses:
To fulfill our mission of ensuring the safety and security of our neighborhood, Cabernet Neighborhood Watch has incurred several expenses. These expenses include administrative costs, communication and outreach efforts, training programs, and equipment purchases.
Administrative costs, such as office supplies, printing materials, and software subscriptions, amount to $5,000. Communication and outreach expenses, including website maintenance, social media promotions, and community event organization, total $212. Training programs, such as first aid and CPR training sessions, self-defense classes, and crime prevention workshops, have cost us $0.00. Lastly, equipment purchases, such as surveillance cameras, signage, and safety kits, have amounted to $0.00.
Assets:
Currently, Cabernet Neighborhood Watch does not possesses a range of valuable assets to aid in its community safety efforts. We have no patrol vehicles, communication devices, surveillance cameras, safety equipment, office infrastructure, or reserve fund. Assets of this nature would enhance our operational efficiency but also contribute to creating a secure environment for our residents.
Liabilities:
We are pleased to share that Cabernet Neighborhood Watch has no outstanding liabilities or debts as of 10/04/2023. This fiscal responsibility and commitment to debt-free operations reinforce our organization's stability and sustainability.
Conclusion:
In conclusion, Cabernet Neighborhood Watch, as reflected in this financial statement, has maintained a positive financial standing. The steady income, effective management of expenses, valuable assets, and absence of liabilities showcase our commitment to efficiently utilizing resources for the betterment of our community. We remain dedicated to enhancing safety and security in Cabernet and strive to continue our financial success in the future.