Combining statements of activities.

• Position: 2007 annual report - California Certified Public Accountants Education Foundation - Financial report

COMBINING STATEMENTS OF ACTIVITIES California Society of Certified Public Accountants California Certified Public Accountants Education Foundation Years Ended April 30, 2007 and 2006 (dollars in thousands) Society Foundation 2007 2006 2007 OPERATING REVENUES: Dues $8,242 $7,597 Registration Fees $11,526 Peer Review Fees 942 869 Member Meetings and Events 1,072 965 Financial Literacy and Scholarships 494 588 Advertising 1,277 1,219 Services To (From) Related Entities 643 639 (158) Royalties and Affinity Programs 96 107 75 Investment Income, Net 1,407 1,855 957 Other Income 229 204 TOTAL REVENUES 14,402 14,043 12,400 OPERATING EXPENSES: Program Services: Member Events: Chapters 2,379 1,880 Committees 518 370 Other Activities 1,714 1,522 Other Member Services: Communications 2,206 1,901 Government Relations 947 804 Professional Education Programs 406 401 10,167 Total Program Services 8,170 6,878 10,167 Supporting Services: Management and General 3,664 4,118 2,107 Governance 434 360 100 TOTAL EXPENSES 12,268 11,356 12,374 CHANGE IN NET ASSETS 2,134 2,687 26 NET ASSETS: Beginning of Year 11,356 8,669 6,301 End of Year $13,490 $11,356 $6,327 Foundation Combined 2006 2007 2006...