|
| |
Financials
Camp Gross Foundation, Inc.
Statement of Financial Position - Cash Basis
December 31,
| |
2002 |
2001 |
|
ASSETS |
|
|
|
Cash |
$40,965 |
$6,180 |
|
Investments, at cost |
80,071 |
92,226 |
|
Property and equipment: |
|
|
| August
Jankowski Bath House |
87,056 |
87,056 |
| Enoch
Carlson Lodge |
25,000 |
25,000 |
| Enoch
Carlson Lodge - improvements |
63,256 |
57,222 |
| Ranger
House |
30,000 |
30,000 |
|
Scouters Cabin |
8,000 |
8,000 |
| Homan
Cabin |
7,000 |
7,000 |
|
Silliman Cabin |
7,000 |
7,000 |
|
Olmstead Cabin |
8,000 |
8,000 |
|
Rackett Cabin |
2,000 |
2,000 |
|
Robinson Cabin |
2,000 |
2,000 |
| Logan
Storage Shed |
4,000 |
4,000 |
|
Equipment |
38,693 |
38,693 |
| Alumni
Dock |
5,326 |
- |
|
Campgrounds |
110,000 |
110,000 |
| Five
Open Shelters |
1,500 |
1,500 |
| |
398,831 |
387,471 |
| Less
accumulated depreciation |
(68,195) |
(56,653) |
| |
330,726 |
330,818 |
| |
$451,762 |
$429,224 |
| NET ASSETS |
|
|
|
Unrestricted: |
|
|
|
Undesignated |
58,209 |
21,766 |
| Board
designated |
62,827 |
76,640 |
| |
121,036 |
98,406 |
| Permanently Restricted
- Robert Gross Bequest |
330,726 |
330,818 |
| |
$451,762 |
$429,224 |
Camp Gross Foundation, Inc.
Statement of Activities - Cash Basis
December 31,
| |
|
2002 |
|
|
|
2001 |
|
| |
Undesignated |
Board Designated |
Permanently Restricted |
|
Undesignated |
Board Designated |
Permanently Restricted |
| Receipts and other support: |
|
|
|
|
|
|
|
| Interest |
$370 |
- |
- |
|
$183 |
- |
- |
| Dividends |
- |
1,658 |
- |
|
- |
6,526 |
- |
| Contribution |
50,441 |
1,500 |
- |
|
22,071 |
11.847 |
- |
| Camp fees |
4,492 |
- |
- |
|
4,500 |
- |
- |
| Sundry |
- |
- |
- |
|
250 |
- |
- |
| Total receipts and other support |
55,303 |
3,158 |
- |
|
27,004 |
18,373 |
- |
| |
|
|
|
|
|
|
|
| Expenses: |
|
|
|
|
|
|
|
| Repairs and maintenance |
5,496 |
- |
- |
|
3,318 |
- |
- |
| Utilities |
5,794 |
- |
- |
|
6,868 |
- |
- |
| Insurance |
6,309 |
- |
- |
|
1,637 |
- |
- |
| Depreciation |
- |
- |
11,452 |
|
- |
- |
10,992 |
| Postage and printing |
1,472 |
- |
- |
|
1,336 |
- |
- |
| Snowplowing and waste removal |
793 |
- |
- |
|
617 |
- |
- |
| Seminars |
2,889 |
- |
- |
|
1,381 |
- |
- |
| Professional fees |
150 |
- |
- |
|
410 |
- |
- |
| Filing fees |
110 |
- |
- |
|
110 |
- |
- |
| Supplies |
83 |
- |
- |
|
320 |
- |
- |
| Camperships |
200 |
- |
- |
|
- |
- |
- |
| Duck Pond project |
650 |
- |
- |
|
- |
- |
- |
| Miscellaneous |
525 |
- |
- |
|
442 |
- |
- |
| Total expenses |
24,471 |
- |
11,452 |
|
16,439 |
- |
10,992 |
| |
|
|
|
|
|
|
|
| Change in net assets before Interfund
transfers |
30,832 |
3,158 |
(11,452) |
|
10,565 |
18,373 |
(10,992) |
| Interfund transfers |
5,611 |
(16,971) |
11,360 |
|
(12,761) |
(500) |
13,261 |
| NET ASSETS, at beginning of year |
21, 766 |
76,640 |
330,818 |
|
23,962 |
58,767 |
328,549 |
| NET ASSETS, at end of year |
$58,209 |
$62,827 |
$330,726 |
|
$21,766 |
$76,640 |
$330,818 |
|
