2015 Annual Report

INSIDE THE NUMBERS
OUIMET FUND’S REVENUE BREAKDOWN FOR FISCAL YEAR 2012 2015
The chart to the right illustrates how The Fund
generated revenue during the most recently
completed fiscal year 2015 (ending March 31,
2015). As you can see, the greatest support
are The Fund’s two back bone programs, the
Campaign’s Endowed Scholarship increase and
the annual Bag Tag Program. Each accounted
for approximately one-third of total revenue.
Another 23% as you can see comes from
unrestricted giving either toward the
Campaign or in the form of Annual Fund,
Alumni Fund, memorial donations, etc). With
no Annual Banquet held in FY15, various event
donations accounted for 10% of the budget
with much of that specifically from the annual
Golf Marathon. While The Fund is thrilled with
the totals, continued growth in many core
programs, as well as a recently completed
Annual Banquet in April 2015 will show an even
more “balanced” breakout next fiscal year.
Revenue Breakdown FY 2015
Endowed
Scholarship
32% Bag Tag
Program
32%
Unrestric.
Campaign
Gifts
12%
General/
Annual Fund
11%
Events
10%
Other
3%
FUND MAINTAINS LOOW LOW ADMINISTRATIVE/EXPENSE RATIO
The chart to the right clearly illustrates
the marked and significant progress The
Fund has made not only in lowering but
maintaining its Administrative Expense
Ratio. The ratio is a popular marker used by
potential donors and is commonly regarded
in the non-profit arena as a pertinent
and critical metric. It is oftentimes a
determining factor in the decision-making
process of newer donors concerned with the
overall health and vitality of an organization.
In general terms, the lower the number the
better. For the second year in a row, The
Fund maintained a ratio south of 7.5%. This
is due in large part to the organization’s
small staff and volunteer Board of
Directors.
The Ouimet Fund’s Administrative Expense Ratio
Expense Ratio
In
in Percentages Percentages
5
2012 2013 2014 2015
Admin Support Services $146,932 $212,209 $182,696 $187,477
Net Revenue and Support $1,418,474 $2,195,517 $2,455,896 $2,559,132
Administrative/Expense Ratio 10.4% 9.7% 7.4% 7.3%
The chart above was compiled using data from Alexander Aronson Finning, P.C. of Westborough, Mass.
Copies of the Ouimet Fund’s Audit Report for the fiscal year ending March 31, 2015 are available upon request from the Francis Ouimet
Scholarship Fund office or www.ouimet.org, as is other information regarding Fund activities.
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2015 Annual Report