FON CONSERVATION AWARDS - Ontario Nature

f
FINANCIAL
STATEMENTS
CONDENSED STATEMENT OF REVENUE,
EXPENDITURES & CHARITABLE PROPERTY
Year ended February 28, 2003
2003 2002
Revenue
Fees – Members and Clubs 341,698 316,631
Donations – Including Gifts-in-kind 581,541 1,250,117
Bequests 190,832 57,701
Investment Income 103,083 137,039
Other Income 105,801 112,843
Excursions, merchandising and advertising 137,284 163,891
Government Grants 116,986 85,597
Foundation Grants 799,794 745,603
2,377,019 2,869,422
NOTES
1 >> In the years 2002 and 2003 this figure included:
2003 2002
Funding and Development 331,114 444,984
Member Services 196,912 147,179
Gifts-in-Kind Expense - 57,946
Program Management 324,848 293,672
Total 852,874 943,781
2 >> Easements
A conservation easement is a legal agreement by which a landowner voluntarily restricts or limits
the type and amount of development that may take place on his or her land to conserve its natural
features. Once registered on title, the agreement runs with the title and binds all future owners.
Expenditures
Member Services, Development
and Program Management (Note l) 852,874 943,781
Publication – “Seasons” 277,690 271,876
Environment and Education Programs 364,610 461,815
Conservation and Education Projects 1,016,002 876,209
Excursions, merchandising and advertising 33,159 74,013
2,544,335 2,627,694
(167,316) 241,728
Realized Loss/Gain on Marketable Securities (196,222) 50,298
Increase (Decrease) in Charitable Property (363,538) 292,026
Charitable Property beginning of year 6,004,596 5,712,570
5,641,058 6,004,596
Transfer to other organization (190,000) –
Charitable Property end of year 5,451,058 6,004,596
6%
5%
4%
14%
5%
8%
34%
24%
Revenue
■ DONATIONS ......................................................................................................................................................24%
■ FOUNDATION GRANTS ..........................................................................................................34%
■ FEES – MEMBERS AND CLUBS ................................................................................14%
■ EXCURSIONS, MERCHANDISING
AND ADVERTISING ..................................................................................................................................6%
■ GOVERNMENT GRANTS ............................................................................................................5%
■ INVESTMENT INCOME ................................................................................................................4%
■ OTHER INCOME ............................................................................................................................................5%
■ BEQUESTS ..................................................................................................................................................................8%
11%
13%
14%
8%
1%
13%
40%
Expenditures
■ CONSERVATION & EDUCATION PROJECTS..................................40%
■ FUNDING & DEVELOPMENT..........................................................................................13%
■ ENVIRONMENT & EDUCATION PROGRAMS ..............................14%
■ PUBLICATION SEASONS ..........................................................................................................11%
■ PROGRAM MANAGEMENT ................................................................................................13%
■ MEMBER SERVICES ..................................................................................................................................8%
■ EXCURSIONS, MERCHANDISING
AND ADVERTISING ....................................................................................................................................1%