FY17 Annual Report

Operating Net $292,451 FY17 Total Operating Revenue $8,761,409 FY17 Total Operating Expenses $8,468,958 COMPARATIVE STATEMENT OF FINANCIAL POSITION Liabilities as of 8/31/2017 $2,225,392 Assets as of 8/31/2017 $7,685,638 BREAKDOWN OF FY17 OPERATING RESULTS 5% 10% 2% 1% 82% Assets as of 8/31/2017 Cas Inv Acc Pre Pro 37% 2% 40% 3% 8% 10% Liabilities as of 8/31/2017 Account Accrued Deferre Capital L Line of C Notes P 5% 10% 2% 1% 82% Assets as of 8/31/2017 Cas Inve Acc Prep Prop 37% 2% 40% 3% 8% 10% Liabilities as of 8/31/2017 Accounts Accrued Deferred Capital L Line of Cr Notes Pa 5% 10% 2% 1% 82% Assets as of 8/31/2017 Cash & Cash Equivalents Investments Accounts Receivable (net) Prepaid Expenses Property & Equipment (net) 37% 40% 3% 8% 10% Liabilities as of 8/31/2017 Accounts Payable & Accrued Expenses Accrued VacaIon Deferred Income Capital Lease ObligaIons Line of Credit Notes Payable 5% 10% 2% 1% 82% Assets as of 8/31/2017 Cash & Cash Equivalents Investments Accounts Receivable (net) Prepaid Expenses Property & Equipment (net) 37% 2% 40% 3% 8% 10% Liabilities as of 8/31/2017 Accounts Payable & Accrued Expenses Accrued VacaIon Deferred Income Capital Lease ObligaIons Line of Credit Notes Payable FY17 FY16 ASSETS Cash & Cash Equivalents 367,999 405,852 Investments 777,008 724,113 Accounts Receivable 182,978 140,285 Prepaid Expenses 96,752 74,852 Property & Equipment 6,260,900 6,333,022 Total Assets 7,685,638 7,678,124 LIABILITIES Accounts Payable & Accrued Expenses 828,593 845,809 Accrued Vacation 31,229 26,369 Deferred Income 893,736 794,577 Capital Lease Obligations 70,998 135,804 Line of Credit 175,000 0 Notes Payable 225,836 298,331 Total Liabilities 2,225,392 2,100,890 NET ASSETS Unrestricted 5,410,246 5,571,307 Temporarily Restricted 50,000 5,927 Total Net Assets 5,460,246 5,577,234 Total Liabilities and Net Assets 7,685,638 7,678,124 76% 10% 13% 1% FY17 -­‐ Total Opera0ng Revenue $8,761,409 Program Income $6,697,867 Development $884,867 Membership $1,122,705 Investment Income $55,970 66% 1% 3% 30% FY17 -­‐ Total Opera0ng Expenses $8,468,958 Program Expense $5,586,559 Development $114,204 Membership $237,712 Operations $2,530,483 76% 10% 13% 1% FY17 -­‐ Total Opera0ng Revenue $8,761,409 Program Income $6,697,867 Development $884,867 Membership $1,122,705 Investment Income $55,970 66% 1% 3% 30% FY17 -­‐ Total Opera0ng Expenses $8,468,958 Program Expense $5,586,559 Development $114,204 Membership $237,712 Operations $2,530,483 76% 10% 13% 1% FY17 -­‐ Total Opera0ng Revenue $8,761,409 Program Income $6,697,867 Development $884, 7 M mbership $1,122,705 Investment Income $55,970 66% 1% 3% 30% FY17 -­‐ Total Opera0ng Expenses $8,468,958 Program Expense $5,586,559 Development $114,204 Membership $237,712 Operations $2,530,483