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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

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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

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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

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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.

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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: :worthy: :worthy:

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"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

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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 by garfield

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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

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