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Statement of Activities 2005

STATEMENT OF ACTIVITIES
For the year ending December 31, 2005


OPERATING REVENUE, GAINS & OTHER SUPPORT
Contributions, grants and memberships received $ 1,490,707
Change in contributions receivable (44,028)
Events 506,658
Merchandise and other revenues 26,784
Investment income 739,712
Investment expense (42,715)

TOTAL OPERATING REVENUE, GAINS & OTHER SUPPORT $ 2,677,318

OPERATING EXPENSES
Program Services
Resource preservation & protection $ 1,214,516
Education and outreach 288,908
Total Program Services $ 1,503,424
Supporting Services
Development, fundraising and membership $ 244,768
Management and general 142,657
Total Supporting Services $ 387,425

TOTAL OPERATING EXPENSES $ 1,890,849

CHANGE IN NET ASSETS FROM OPERATIONS $ 786,469

NON-OPERATING GAIN (LOSS)
Investment Income $866,887
Loss on Stock Sales (1,312)
TOTAL NON-OPERATING GAIN $ 865,575

TOTAL CHANGE IN NET ASSETS $1,652,044

NET ASSETS
Beginning of year $ 16,518,715
End of year $ 18,170,759

 

NOTES TO FINANCIAL STATEMENTS
Friends of Acadia is a nonprofit, tax exempt organization under Section 501(c)(3) of the Internal Revenue Code, a publicly supported organization as defined by Section 170(b) A-6. Contributions are tax deductible to the extent provided by law. The ten-year average of fundraising cost is 5.95%.
An independent auditor’s report is available upon request.

 

GRANTS TO ACADIA NATIONAL PARK
2005graphs
Carriage Road Maintenance 260,750
Acadia Trails Forever – Trail Reconstruction 100,000
Acadia Youth Conservation Corps 67,646
Volunteer Program 38,132
Acadia Winter Trails Association 21,607
Easement Monitoring Consultant & Intern 19,502
Acadia Trails Forever Cultural Landscape Report 18,668
Ridge Runner Program 16,571
Acadia National Park Title Search Assistance 10,000
Take Pride in Acadia Day & National Trails Day 9,464
Junior Ranger Program 7,500
Horse Patrol 5,300
Peregrine Falcon & Hawk Watch Programs 3,900
Wild Gardens of Acadia Intern 3,876
Wheelchair Accessible Carriages 3,552
Acadia National Park Recreation Intern 3,382
Miscellaneous Acadia National Park Projects 1,725
Friends of Schoodic 700
Sign Language Interpreters 500
Firefighters Training 500
TOTAL ANP GRANTS $593,971

 


OTHER GRANTS
Island Explorer Propane Bus System 252,150
First Light: The Oratorio 12,229
Acadia Gateway Center 10,006
Earth Day 3,325
Land Conservation Bank 2,700
Eco-Tourism Conference Sponsorship 2,500
Village Connector Trails 1,990
Founders Day 1,104
Employees & Alumni of NPS – Katrina Fund 1,000
Acadia Wildlife Foundation 500
MDI Search & Rescue 500
MDI Water Quality Coalition 500
Friends of Acadia Book Project 388
MDI Tomorrow 299
Southwest Harbor Tree Fund 100
Acadian Ridge Trail 60
TOTAL OTHER GRANTS $289,351

TOTAL ALL GRANTS $883,322

 

1996 1997 1998 1999 2000
TOTAL OPERATING REVENUE 710,121 840,001 1,070,627 8,815,755 2,030,952
FUNDRAISING EXPENSES 45,043 48,251 59,448 202,338 177,271
FUNDRAISING AS A % OF TOTAL REVENUE 6.34% 5.74% 5.55% 2.30% 8.73%

 

2001 2002 2003 2004 2005 Total
TOTAL OPERATING REVENUE 1,594,443 1,330,302 2,205,336 2,772,498 2,677,318 $24,047,353
FUNDRAISING EXPENSES 151,927 134,679 150,141 216,711 244,768 $1,430,523
FUNDRAISING AS A % OF TOTAL REVENUE 9.53% 10.12% 6.81% 7.82% 9.14% 5.95%


All figures are derived from audited financials, not IRS Form 990.