|
2007 Financial Summary
REVENUES AND EXPENSES (1/1/2007 TO 12/31/2007)
Support & Revenue
| Grants, Contributions, Gifts |
$926,089 |
|
Program Feesl |
$712,741 |
| Miscellaneous Income |
$46,969 |
 |
| Total Support and Revenue |
$1,685,799 | Expenses
| Program Services |
$1,496,800 |
|
Management and General |
$81,655 |
| Fundraising |
$102,447 |
|
| Total Expenses |
$1,680,902 |
| Support and Revenue over Expenses |
$ 4,897 |
BALANCE SHEET (As of 12/31/2007)
Assets
| Cash andCash Equivalents |
$518,106 |
Other Current Assets $ 194,841
| Property and Equipment |
$1,665,909 |
|
Investments / Endowments |
$458,291
|
|
| Total Assets |
$2,837,147 |
LIABILITIES AND NET ASSETS
| Current Liabilities |
$214,650 |
|
Long Term Liabilities |
$624,876 |
| Net Assets |
$1,997,621 |
|
| Total Liabilities & Net Assets |
$2,837,147 | |
|
|
TREASURER’S REPORT
I am pleased to report that 2007 was another strong year for Wilderness Inquiry. In line with our strategic plan, WI invested in new staff positions, technology infrastructure, and an operational base in Bayfield, WI. Despite these investments, an overall strong revenue stream resulted in a nearly breakeven year.
Overall, WI’s financial position continues to be solid, as demonstrated by its ratio of net assets to short and long-term debt (nearly 4:1).
The statement of Financial Position was prepared by Carpenter Evert, Certified Public Accountants. Complete copies of this report are available to interested readers upon request.
JOHN CASE, TREASURER |
| |
support wi 
