Camp Olson YMCA is pleased to report that the fiscal-year ended on September 30, 2007 with a small surplus. This was due in part to continued growth in our summer camping programs, increased financial support by alumni and friends, and significant in-kind donations which help to off-set cost related to our operations and capital improvement.

Financial Position 2007

Current Assets
	Cash & Cash Equivalents		$137,478
	Endowment			$113,249
	Pledges & Accounts Receivable	$15,118
	Inventory			$6,338
	Prepaid Expenses			$14,217
		Total Current Assets	$286,400

Property Plant & Equipment
	Land (at the time of donation)	$270,273
	Buildings			$816,100
	Equipment			$258,489
					$1,344,862
	Less Accumulated Dep.	($452,712)
	Total Assets		$1,178,550

Liabilities and Net Assets
Current	Liabilities			$40,469
Long Term Debt				$168,818
Net Assets				$969,263
Total Liabilities/Assets			$1,178,550

2007 Revenue
Support					$114,503
Restricted Support			$242,139
Camper Fees				$552,399
Interest/Investment Income		$17,789
Trading Post				$26,741
Transportation				$33,424
Retirement of Assets			($50,010)
Assets Released from Restrictions		$269,215

Total Support/Revenues			$964,061

Total Expenses				$666,922

Change in Net Assets			$297,139
(includes in-kind gifts, professional services and cash)

How Expense were Used
Program Services			79%
Administration & Management		16%
Fundraising				5%

Figures provided by the independent auditor Bruce Swanson.

Click below to view a copy of our most recent IRS 990 tax returns. Audited financial statements and back returns are available to the public upon request.

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