Jump to content

The 990's


Recommended Posts

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

Link to comment
Share on other sites

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 by garfield
Link to comment
Share on other sites

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.

Link to comment
Share on other sites

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

Link to comment
Share on other sites

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

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...