2007 Audit Report

YOUNG MEN'S CHRISTIAN ASSOCIATION BUFFALO NIAGARA (d/b/a YMCA BUFFALO NIAGARA) Financial Report December 31, 2007 CONTENTS INDEPENDENT AUDITORS' REPORT ON THE I FINANCIAL STATEMENTS 2 of financial position Statements 3 of activities Statement 4 — 5 Statements of cash flows 6 Statement of functional expenses 7 15 financial statements Notes to LLP Dopkins CERTIFIED PUBLIC ACCOUNTANTS AND CONSULTANTS INDEPENDENT AUDITORS' REPORT Board of Trustees To the of Directors and the Men's Christian Association Buffalo Niagara Young YMCA Buffalo Niagara) (d/b/a Buffalo, New York the Young Men's Christian audited the accompanying statements of financial position of We have December 31, 2007 and 2006, the Buffalo Niagara (d/b/a YMCA Buffalo Niagara) as of Association ended and the statements of activities and functional statements of cash flows for the years then related financial are the responsibility of the the year ended December 31, 2007. These expenses for opinion on these financial statements management. Our responsibility is to express an Organization's information has been derived from the audits. The 2006 summarized comparative based on our report dated April 2, 2007, we expressed an 2006 financial statements and, in our statements. opinion on those financial unqualified in the United States of accordance with auditing standards generally accepted We conducted our audits in reasonable assurance about standards require that we plan and perform the ...