garfield Posted December 20, 2012 Author Share Posted December 20, 2012 The Glassmen Statement of Functional Expenses Staff Expense - Contract Labor 2009: PSE: $68,685 2010: PSE: $64,221 2011: PSE: $82,779 Rental Expense - Busses 2009: PSE: $57,176 2010: PSE: $78,547 2011: PSE: $96,363 Other itemized expenses are not consistent across all three years, including Bus Maintenance/Repairs (2009: $24,713, 2010: $24,646)) DCM Contract Exp (SS) (2009: $23,500) DCM Contract Exp (ASR) (2009: $22,000) House Raffle Payments (2010: $40,000) Prizes-House Raffle (2010: $31,340) Camps-Food (DC) (2011: $16,193) Rental Expense - Truck (2011: $14,708) Other Expenses 2009: PSE: $122,426, MGE: $44,173, FRE: $31,082, Total: $197,681 2010: PSE: $133,318, MGE: $44,175, FRE: $89,745, Total: $267,238 2011: PSE: $84,680, MGE: $35,228, FRE: $26,896, Total: $146,804 Quote Link to comment Share on other sites More sharing options...
garfield Posted December 20, 2012 Author Share Posted December 20, 2012 (edited) The Glassmen Statement of Functional Expenses Total Functional Expenses 2009: PSE: $729,158, MGE: $139,442, FRE: $76,582, Total: $945,182 2010: PSE: $753,369, MGE: $131,971, FRE: $161,085, Total: $1,046,425 2011: PSE: $680,382, MGE: $115,831, FRE: $52,696, Total: $848,909 EDIT: I forgot to show Program Service Efficiency: 2009: Of $945,182 in Total Expenses, 77% was Program Service Expense 2010: Of $1,046,425 in Total Expenses, 72% was Program Service Expense 2011: Of $848,909 in Total Expenses, 80% was Program Service Expense Edited December 23, 2012 by garfield Quote Link to comment Share on other sites More sharing options...
garfield Posted December 20, 2012 Author Share Posted December 20, 2012 Based on Program Service Expenses (presumably "show" expenses) and compared to the corps examined so far, The Glassmen placed in the following positions: 2009: 8th 2010: 9th 2011: 12th Quote Link to comment Share on other sites More sharing options...
garfield Posted December 20, 2012 Author Share Posted December 20, 2012 I wondered if the increase in Fundraising Expense in 2010 could be the source of some of G'men's problems, but it appears not: Fundraising Expense (FRE), Fundraising Revenue (FRR), ratio of FRE to FRR: 2009: $31,082, $192,608, 16% 2010: $89,745, $263,665, 34% 2011: $26,896, $131,791, 20% So, while they spent much more on FRE in 2010, they also raised more FRR, and the ratio doesn't seem out of line in 2011. Quote Link to comment Share on other sites More sharing options...
garfield Posted December 21, 2012 Author Share Posted December 21, 2012 The Glassmen Balance Sheet There is nothing remarkable in Glassmen's balance sheet. In fact, its entries are very simple and consistent across all three years. The only item of note is in the further explanation of liabilities. Glassmen list the following in "Other Liabilities": 2009: Facilities Loan - Genoa: $191,188 Line of Credit - Principal (presumably Principal Financial): $30,000 2010: Facilities Loan - Genoa: $183,685 Line of Credit - Principal: $45,203 2011: Facilities Loan - Genoa: $171,977 DCI Loan: $82,381 Line of Credit - Principal: $25,069 Quote Link to comment Share on other sites More sharing options...
garfield Posted December 21, 2012 Author Share Posted December 21, 2012 This ends our look at Glassmen. Here's hoping that the new executive staff can make the changes necessary to rescue G'men's finances. Quote Link to comment Share on other sites More sharing options...
garfield Posted December 21, 2012 Author Share Posted December 21, 2012 "Please welcome to field, from Casper, Wyoming, The TROOPERS!" Gross Receipts 2009: $3,226,173 2010: $3,414,705 2011: $3,533,411 Troopers list these Employees/Volunteers 2009: 45/20 2010: 45/15 2011: 45/40 Quote Link to comment Share on other sites More sharing options...
garfield Posted December 21, 2012 Author Share Posted December 21, 2012 The Troopers Revenue, Expenses, Net Assets The Bottom Line Revenue 2009: $789,791 2010: $966,955 2011: $928,044 Expenses 2009: $826,722 2010: $929,996 2010: $1,004,815 Net Revenue (loss) 2009: ($36,931) a loss 2010: $36,959 2011: ($76,771) a loss Net Assets 2009: $108,742 2010: $145,701 2011: $68,930 Quote Link to comment Share on other sites More sharing options...
soccerguy315 Posted December 21, 2012 Share Posted December 21, 2012 TROOOOOOOOOOOOOOOOOOOOOOOP Quote Link to comment Share on other sites More sharing options...
garfield Posted December 21, 2012 Author Share Posted December 21, 2012 Troopers have a pretty robust gaming program, but their fundraising is sporatic and concession programs are loss leaders. I wonder if Wyoming gaming laws are favorable to Indian tribes as in other states. Quote Link to comment Share on other sites More sharing options...
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