garfield Posted January 9, 2013 Author Share Posted January 9, 2013 The Cascades Balance Sheet Assets Cash 2009: $23,481 2010: $3,856 2011: $17,515 Inventories for sale or use 2009: $8,000 2010: $4,000 2011: $4,000 Land, buildings, equipment, etc (at cost less accumulated depreciation) 2009: $59,989 2010: $121,826 2011: $126,590 Total Assets 2009: $91,470 2010: $129,682 2011: $149,374 Quote Link to comment Share on other sites More sharing options...
garfield Posted January 10, 2013 Author Share Posted January 10, 2013 The Cascades Balance Sheet Liabilities Accounts Payable 2009: $35,127 2010: $34,383 2011: $9,413 Payables to current and former officers, directors, trustees, ect 2009: $0 2010: $10,000 2011: $5,000 Secured mortgages and notes payable 2009: $0 2010: $75,544 2011: $59,356 Unsecured notes and loans payable 2009: $60,000 2010: $0 2011: $0 Total Liabilities 2009: $95,127 2010: $119,927 2011: $73,769 Total Net Assets 2009: ($3,657) more liabilities than assets 2010: $9,755 2011: $75,605 Quote Link to comment Share on other sites More sharing options...
garfield Posted January 10, 2013 Author Share Posted January 10, 2013 And now we've ended our look at The Cascades. Despite higher expenses for tour and travel, Cascades are generating more revenue and making a good dent in their liabilities. They're turning this corps around with diligence. Congrats Cascades Quote Link to comment Share on other sites More sharing options...
cixelsyd Posted January 10, 2013 Share Posted January 10, 2013 Would be interesting to know how they keep expenses so low, and if any of those tactics can be applied elsewhere (Glassmen). Quote Link to comment Share on other sites More sharing options...
garfield Posted January 10, 2013 Author Share Posted January 10, 2013 Would be interesting to know how they keep expenses so low, and if any of those tactics can be applied elsewhere (Glassmen). My hunch is that they don't have delusions of grandeur or suffer from "Top-12"-itis, where attempting to compete, financially, with the top-3 is both a state-of-mind and enbedded in the DNA of their directors. Limiting tour, focusing on local geography, and a constant attitude of building a safety net instead of spending every penny every year. Seems like common sense no matter where a corps places. 2 Quote Link to comment Share on other sites More sharing options...
skywhopper Posted January 10, 2013 Share Posted January 10, 2013 My hunch is that they don't have delusions of grandeur or suffer from "Top-12"-itis, where attempting to compete, financially, with the top-3 is both a state-of-mind and enbedded in the DNA of their directors. Limiting tour, focusing on local geography, and a constant attitude of building a safety net instead of spending every penny every year. Seems like common sense no matter where a corps places. :worthy: Quote Link to comment Share on other sites More sharing options...
garfield Posted January 10, 2013 Author Share Posted January 10, 2013 "And now, competing for the first time in World Class competition, please welcome to the field, from Portland, Oregon, the Oregon Crusaders!" Personal observation: I was so enamored with their show last year, and am very excited to see them enter WC, so I've been anticipating this look at their financials. Gross Receipts 2009: $249,258 2010: $315,172 2011: $406,188 Quote Link to comment Share on other sites More sharing options...
garfield Posted January 10, 2013 Author Share Posted January 10, 2013 (edited) Oregon Crusaders Revenue, Expenses, and Net Assets The Bottom Line Total Revenue 2009: $242,308 2010: $285,217 2011: $371,817 Total Expenses 2009: $268,168 2010: $233,606 2011: $361,702 Net Assets 2009: ($11,003) more liabilities than assets 2010: $55,236 2011: $65,351 Edited January 10, 2013 by garfield Quote Link to comment Share on other sites More sharing options...
MikeN Posted January 10, 2013 Share Posted January 10, 2013 Nice! Mike Quote Link to comment Share on other sites More sharing options...
garfield Posted January 10, 2013 Author Share Posted January 10, 2013 Oregon Crusaders Statement of Program Service Accomplishments Note: In all years the corps listed the A-corps and Oregon Crusaders Indoor (their indoor percussion program. 2009: Revenue: N/A, Expenses: $273,418 2010: Revenue: N/A, Expenses: $203,387 2011: Revenue: N/A, Expenses: $300,622 Quote Link to comment Share on other sites More sharing options...
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