Below we present a FORMAT (or an EXAMPLE) of financial statements that will meet our normal requirements for full disclosure, comparability, consistency, etc.   Please remember that at the bottom of your statement, additional notes and disclosures and explanations of variations between the columns help to explain to the reader that which he or she needs to know to completely understand the financial statements and the workings of your organization.  You should also see the requirements of the USA's Internal Revenue Service on our web-page Form990EZ and note that our requirements are quite similar, slightly different so as to reflect the differences that San Miguel Allende brings to this transparency requirement .   Also, we strongly recommend that you review and understand the transparency and disclosures pages that explain further what we are looking. 

in order to understand the dates in the below EXAMPLE, this EXAMPLE is assumed to have been the results for the latest completed year 2010, which normally would be published in January or February of 2011.  It also shows the budget for the new year (2011) and actual results of the prior year (2009) together with the budget for 2010, both of which should have been prepared and published most probably in January or February of 2010.

Please prepare your financial statements using a computerized spreadsheet (such as the MS Excel spreadsheet illustrated below) which will aid you in this and in future years in all computations (totals, sub-totals, etc.) and consistent formatting.

IF the ENTIRE 53-LINE EXAMPLE does not appear on your screen BELOW THIS, please email mpwcfoundation@gmail.com and request a copy of "finls-example.htm" in our reply to you.

We strongly insist that you review and understand the Disclosures page that explains further what we are looking for.

The RATIOs of both overhead and Mission to total expenditures could probably best be shown as comparitive percentages between the Reconciliation and the Notes/Disclosures section of your Financial Statements. 

One further thought: comparative  columns are necessary as the relationship of one column to another is a critical necessity for disclosure, and the breakout (whether by individual line description or by footnote/disclosure) of unusually large (in amount) categories should always be shown and not buried in some "other" or "miscellaneous" or just regular category.  And the reconciliaton of each of the four-columns beginning and ending cash is a CRITICAL part of the entire presentation which should always be present on one-page only.

And now, this one last "helper" for our grantees.  The very most important webpages (that should be read EVERY year by EVERY grantee) are defined and designated with a "(C)" on our site map page.  To aid  you in referring back and forth between this checklist page and each of those pages, we include below a table of links between each of these pages.  The links are listed (more or less, but mostly) in the order of their "completion by you (and necessity)" basis.

“Underpromise and Overdeliver”

Some, but not all, pages on this web-site were selectively modified as recently as the date shown at the bottom of the MPWC Foundation web-page.   This entire web-site is copyrighted © 2000-2012 by The Michael Paul Wein Charitable Foundation, Inc  

QUESTIONS OR COMMENTS about this web-site? E-mail us at mpwcfoundation@gmail.com. SPECIFY EXACTLY (using copy and paste) (and include the page name, i.e., the URL link) what your question or comment refers to.