FY18 Annual Report

$389,308 $294,700 $363,918 $292,451 ($106,808) $670,079 FY14 FY15 FY16 FY17 FY18 9/1/17-8/31/18 Board of Directors 2018-19 Sharon Artz • Phyllis Bernstein • Brian Cohen • Linda Denkensohn • June Fischer • Debra Judd • Howard Kornfeld • Erez Liebermann • Nikki Mendelsohn • James Pritchett • Jill Horowitz Rome • Jeff Sassoon • Jeff Silverstein • Jessica Silverstein • Scott Stavin • Suzanne Tucker Bob Simon FY18 Hineni Award for Outstanding Service Board of Directors 2017-18 Don Abraham • Lauren Barr • Phyllis Bernstein • Brian Cohen • Danielle Esposito • June Fischer • Howard Kornfeld • Erez Liebermann • Rachel Peachman • James Pritchett • Jill Horowitz Rome • David Sanders • Jeff Sassoon • Jeff Silverstein • Jessica Silverstein • Scott Stavin • Suzanne Tucker JCC Executive Committee 2017-18 President Peter Weissbrod Past President Kenneth Rotter Vice President Stefani Klaskow Vice President Jason Benedict Treasurer Bob Simon Secretary Stacie Friedman Assistant Secretary/Treasurer Tracey Hoberman Parliamentarian Carrie Drake At-Large Mindy Goldberger, Scott Lazar President Peter Weissbrod Past President Kenneth Rotter First Vice President Stefani Klaskow Vice President Jason Benedict Treasurer Bob Simon Secretary Stacie Friedman Assistant Secretary/Treasurer Tracey Hoberman Parliamentarian Carrie Drake At-Large Lauren Barr, Mindy Goldberger, Scott Lazar JCC Executive Committee 2018-19 Honorary Board Allen Barkin • Jerry Forman • Sandy Friedland • Robert Fuhrman • Toby Goldberger • Susan Koslowsky • Judith Kronick • Marcy Lazar • Joan Schiffer-Levinson • Erica Needle • Irving Tanzer • Vivian Toporek • Steven Tripp • Marcia Wasser • Janice Weinberg • Joseph Wilf* • Louise Yohalem • Harold Yood *Deceased In FY18, we changed our fiscal year to end June 30 rather than August 31 so our audited financials only capture the activity for a 10-month period instead of a full year and do not include a Camp Yachad summer. We made this change to better align with our program calendar and our revenue stream. We are pleased to report that summer 2018 was a banner summer for Yachad – giving us a strong start to FY19. As we look ahead, we are heartened by the continued generous support from our community and our solid program revenue – both of which are key in moving our JCC forward. The results of the 12-month period from 9/1/17-8/31/18 demonstrate that if we had kept our fiscal year September- August, we would have finished the year with an operating surplus more than twice as large as FY17 – fueled largely by the strong summer 2018 camp results and the generous $250,000 donation from the Berg-Lieppe family. strong leadership financial overview *For purposes of comparison to previous fiscal years, we have included the financials for the 12-month period covering 9/1/17-8/31/18. Results After Depreciation FY14 $389,308 ($386,534) $2,774 FY15 $294,700 ($403,731) ($109,031) FY16 $363,918 ($433,580) ($69,662) FY17 $292,451 ($409,439) ($116,988) ($106,808) ($356,323) ($463,131) Operating Net Depreciation Net of Depreciation FY18 9/1/17 - 8/31/18* $670,079 ($431,512) $238,567 Operating Net Before Depreciation *