Statements of functional expenses - 2002 Annual Report - Brief Article - Statistical Data Included

California CPA, Sept, 2002

STATEMENTS OF FUNCTIONAL EXPENSES

California Certified Public Accountants Education Foundation

Years Ended April 30, 2002 and 2001

                                Professional   Management
                                   Education          and
                                    Programs      General  Governance

2002

Course and Conference Expenses  $  5,426,000  $    37,000
Personnel                          1,561,000      659,000  $   72,000
Brochures                            662,000
Supplies and Office Expenses         459,000       87,000
Occupancy                            311,000       75,000
Depreciation and Amortization        193,000       50,000
Other Expenses                       244,000       67,000      20,000
Allocated Expenses                                184,000

  Total                         $  8,856,000  $ 1,159,000  $   92,000

2001

Course and Conference Expenses  $  4,591,000  $    19,000
Personnel                          1,629,000      703,000  $   66,000
Brochures                            627,000
Supplies and Office Expenses         357,000       88,000
Occupancy                            287,000       73,000
Depreciation and Amortization        128,000       33,000
Other Expenses                       164,000      144,000      40,000
Allocated Expenses                                140,000

  Total                         $  7,783,000  $ 1,200,000  $  106,000



                                       Total

2002

Course and Conference Expenses  $  5,463,000
Personnel                          2,292,000
Brochures                            662,000
Supplies and Office Expenses         546,000
Occupancy                            386,000
Depreciation and Amortization        243,000
Other Expenses                       331,000
Allocated Expenses                   184,000

  Total                         $ 10,107,000

2001

Course and Conference Expenses  $  4,610,000
Personnel                          2,398,000
Brochures                            627,000
Supplies and Office Expenses         445,000
Occupancy                            360,000
Depreciation and Amortization        161,000
Other Expenses                       348,000
Allocated Expenses                   140,000

  Total                         $  9,089,000