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Statement of Activities 2007

STATEMENT OF ACTIVITIES
For the year ending December 31, 2007


OPERATING REVENUE, GAINS & OTHER SUPPORT
Contributions, grants and memberships received $ 3,169,205
Change in contributions receivable 139,427
Events 517,143
Merchandise and other revenues 15,021
Investment interest and dividends, net of expense 482,253
Net investment gain 329,175
Loss on sale of land (421,101)

TOTAL OPERATING REVENUE, GAINS & OTHER SUPPORT $ 4,231,123

OPERATING EXPENSES
Program Services
Resource preservation & protection $ 1,783,170
Education and outreach 313,521
Total Program Services $ 2,096,691
Supporting Services
Development, fundraising and membership $ 386,416
Management and general 157,377
Total Supporting Services $ 543,793

TOTAL OPERATING EXPENSES $ 2,640,484

CHANGE IN NET ASSETS FROM OPERATIONS $ 1,590,639

NON-OPERATING GAIN (LOSS)
Investment dividends and interest $239,630
Net investment gain 146,185
TOTAL NON-OPERATING GAIN $ 385,815

TOTAL CHANGE IN NET ASSETS $1,976,454

NET ASSETS
Beginning of year $ 19,748,712
End of year $ 21,725,166

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 6.81%.
An independent auditor’s report is available upon request.

 

GRANTS TO ACADIA NATIONAL PARK
2007graphs
Carriage Road Maintenance 250,000
Acadia Trails Forever – Trail Maintenance 211,261
Acadia Youth Conservation Corps 57,763
Volunteer Program 38,681
Vascular Plant Study 27,487
L.L. Bean Research Fellowships 23,227
Ridge Runners 21,090
Easement Monitoring Consultant & Intern 19,897
L.L. Bean Kids in Acadia 10,000
Wild Gardens of Acadia Intern 8,945
Night Sky Initiative 7,500
Mounted Horse Patrol Program 7,000
Acadia Winter Trails 6,007
Take Pride in Acadia Day 5,694
TRecreation Intern 4,797
Peregrine Falcon & Hawk Watch Programs 4,000
Miscellaneous Acadia National Park Projects 972
Natioal Trails Day 116
Wheelchair Accessible Carriages 100
Park Pass Contest Award 50
TOTAL ANP GRANTS $700,587

 


OTHER GRANTS
Acadia Mountain Land Protection 1,772,140
Acadia Gateway Center 931,402
Northeast Creek Land Protection 502,762
Island Explorer Propane Bus System 205,622
Village Connector Trails 7,167
No Child Left Inside Intern 6,871
Acadia Adventures: Family Fun Day 3,424
Earth Day Roadside Clean-up 3,132
Acadia Partners-Northeast Alpine Stewardship Conf. 3,000
Somes-Meynell Wildlife Sanctuary-Loon Mgmt. 2,000
MDI Water Quality Coalition 500
Surface Transportation and Recreation (STAR) 1,000
Acadia Wilflife Foundation 500
MDI Search & Rescue 500
Friends of Acadia Book Project 240
Southwest Harbor Tree Fund 200
MDI Tomorrow 90
TOTAL OTHER GRANTS $3,441,050

TOTAL ALL GRANTS $4,141,637

 

1998 1999 2000 2001 2002
TOTAL OPERATING REVENUE 1,070,627 8,815,755 2,030,952 1,594,443 1,330,302
FUNDRAISING EXPENSES 59,448 202,338 177,271 151,927 134,679
FUNDRAISING AS A % OF TOTAL REVENUE 5.55% 2.30% 8.73% 9.53% 10.12%

 

2003 2004 2005 2006 2007 Total
TOTAL OPERATING REVENUE 2,205,336 2,772,498 2,477,318 2,677,672 4,231,123 $29,206,026
FUNDRAISING EXPENSES 150,141 216,711 244,768 266,306 386,416 $1,989,951
FUNDRAISING AS A % OF TOTAL REVENUE 6.81% 7.82% 9.14% 9.95% 9.13% 6.81%


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