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The 990's


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現在,請歡迎到外地,從薩克拉門托,加利福尼亞州,柑桔!

With apologies for any Google Translate inaccuracies,

"And now, please welcome to the field, from Sacramento, California, the Mandarins!"

Note: The only 990s available for Mandarins are for 2009 and 2010.

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The Mandarins

Gross Receipts

2009: $2,693,210

2010: $2,461,113

Observation: Surprised? I was. It was hard to imagine a $2.5 million drum corps that I knew nothing about, so I went to their website and started reading. Did you know that this organization started in the early 1960's? I'm anxious to see what makes this big-small corps tick.

Edited by garfield
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The Mandarins

Revenue, Expenses, and Net Assets

The Bottom Line

Total Revenue

(Note: the Summary section of the 990's shows "Prior Year", so I'll be able to show the 2008 numbers here. But the detailed view will only show 2009 and 2010.)

2008: $392,848

2009: $848,358

2010: $513,808

Total Expenses

2008: $589,671

2009: $978,263

2010: $604,317

Total Net Revenue (loss)

2008: ($197,183) a loss

2009: ($129,905) ditto

2010: ($90,514) ditto

Total Net Assets

2008: $589,671

2009: $459,766

2010: $369,252

Observation: While the Revenue and Expenses seem to both show 2009 as an outlier, the drain on assets is consistently decreasing as the net loss decreases.

Edited by garfield
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Thanks, garfield, for all of the work you've put into this thread!

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Thanks, garfield, for all of the work you've put into this thread!

Everyone here who feels the same as you do is very welcome.

I hope the reality of our little niche's financial situation is more clear to those of you paying attention, directors included.

And, did you (and everyone else watching) rate this thread by clicking on the stars at the top of the page?

(And I like those little green +'s, too!)

Edited by garfield
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The Mandarins

Statement of Revenues

(Note: Revenue are divided into three main categories: "Contributions, gifts, grants, etc", "Program Service Revenue", and "Other Revenue". We'll look at each section separately.)

Contributions, gifts, grants, etc.

All other contributions, gifts, grants, etc.

2009: $24,024

2010: $27,852

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The Mandarins

Statement of Revenue

Other Revenue

Investment Income

2009: $2,119

2010: $366

Net Income from Gaming Activities

2009: $566,287

2010: $226,119

Other Income

2009: $5,360

2010: $6,200

Total Revenue

2009: $848,358

2010: $513,803

Observation: Obviously, the Mandarins bingo operation hit the cover off the ball in 2009. I wonder why the one-year jump?

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