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In an effort to make it
easier for people to see where were we are financially versus where we need to
be, (which can be found in the FAQs section), we are
publishing our financial information here, on the web site.
The IRS requires that
non-profit organizations submit form 990 if their income exceeds $25,000 per
year. Since we are a long way from that, we are not required to file a form
990. However, we are providing the same information that would be required. We
are simply using a more expeditious format.
In order to keep expenses as
low as possible so that we can preserve as much of the income as possible, board
members have donated many of the normal expenses of running a business. For
example, board members have donated the costs of printing and mailing brochures
. In all, we have printed and distributed over 2,000 brochures. The cost of
professionally printing 100 brochures was about $100. So you can see how this
would have eaten into our account. Other things donated along the way are long
distance phone calls, office equipment, laser printer, brochure folders, lots of
toner, not to mention the expense of travel to and from skunk shows that we
would not ordinarily have attended (in order to have a booth).
In addition, for the first
two years of our existence, all the items sold at the ASRR booth at the skunk
shows were donated, from the purchase of the materials to the labor to embroider
and make the items. We had several people in the skunk community who also
donated items to be sold or auctioned off over the years. This helped preserve
the money coming in greatly.
Unfortunately, it didn't take
many years before we realized that the skunk community at it's current rate of
participation would not be able to support the costs of the tests alone.
We have since redirected the bulk of our energy towards lining up
donations of supplies and services from various facilities as well as turning in
requests for grant money. While we have been successful at
getting commitments for donated supplies and services, we have not yet found
anyone ready to give us grant money to cover the remaining expenses. However,
we are in the early stages and are not discouraged. Grant money can sometimes
take time and persistence and we understand that.
The following is the yearly
financial information for Aspen Skunk Rabies Research, Inc., updated January 30,
2007
|
2007 Income/Expense Statement
|
Income |
|
|
|
Donations |
710.61 |
|
|
Sale
of goods (3 mugs) |
31.50 |
|
|
Interest (on CD) |
286.76 |
|
|
Total |
1,028.87 |
|
Expenses |
|
|
|
Printing, postage, phone
|
33.95 |
|
|
Cost
of goods sold |
0 |
|
|
Incorporation/ legal fees |
106.25 |
|
|
Paypal
fees |
1.80 |
|
|
Conference/travel expense |
0 |
|
|
Internet fees |
95.40 |
|
|
|
|
|
|
Total |
237.40 |
|
|
Balance towards
savings |
791.47 |
|
Balance Sheet
|
Assets |
|
|
|
Previous Cash/ savings |
13,980.07 |
|
|
Cash/
savings added |
791.47 |
|
|
|
|
|
|
Total |
14,771.54 |
|
Liabilities |
|
|
|
None
|
0 |
|
|
2006 Income/Expense Statement
|
Income |
|
|
|
Donations |
626.13 |
|
|
Sale of goods |
31.50 |
|
|
Interest |
384.96 |
|
|
Total |
1,042.59 |
|
Expenses |
|
|
|
Printing, postage, phone
|
9.95 |
|
|
Cost of good sold |
0 |
|
|
Incorporation/ legal fees |
81.25 |
|
|
Paypal fees |
1.80 |
|
|
Conference/travel expense |
0 |
|
|
Internet fees |
95.40 |
|
|
|
|
|
|
Total |
188.40 |
|
|
Balance towards savings |
854.19 |
|
Balance Sheet
|
Assets |
|
|
|
Previous Cash/ savings |
13,125.88 |
|
|
Cash/ savings added |
854.19 |
|
|
|
|
|
|
Total |
13,980.07 |
|
Liabilities |
|
|
|
None
|
0 |
|
|
2005
Income/Expense Statement
|
Income |
|
|
|
Donations |
1,144.11 |
|
|
Sale of goods |
35.50 |
|
|
Interest |
295.90 |
|
|
Total |
1,475.51 |
|
Expenses |
|
|
|
Printing, postage, phone
|
11.65 |
|
|
Cost
of good sold |
0 |
|
|
Incorporation/ legal fees |
71.25 |
|
|
Paypal
fees |
14.73 |
|
|
Conference/travel expense |
0 |
|
|
Internet fees |
95.40 |
|
|
|
|
|
|
Total |
193.03 |
|
|
Balance towards
savings |
1,282.48 |
|
Balance Sheet
|
Assets |
|
|
|
Previous Cash/ savings |
11,843.40 |
|
|
Cash/
savings added |
1,282.48 |
|
|
|
|
|
|
Total |
13,125.88 |
|
Liabilities |
|
|
|
None
|
0 |
|
|
2004
Income/Expense Statement
|
Income |
|
|
|
Donations |
883.79 |
|
|
Sale of goods |
0 |
|
|
Interest |
73.13 |
|
|
Total |
956.92 |
|
Expenses |
|
|
|
Printing, postage, phone
|
0 |
|
|
Cost
of good sold |
0 |
|
|
Incorporation/ legal fees |
71.25 |
|
|
Bank
fees* |
-90 |
|
|
Conference/travel expense |
0 |
|
|
Internet fees |
101.30 |
|
|
|
|
|
|
Total |
82.55 |
|
|
Balance towards
savings |
874.37 |
|
Balance Sheet
|
Assets |
|
|
|
Previous Cash/ savings |
10,926.84 |
|
|
Cash/
savings added |
874.37 |
|
|
|
|
|
|
Total |
11,801.21 |
|
Liabilities |
|
|
|
None
|
0 |
|
*Previous bank fees were returned due to our non-profit
status
|
2003 Income/Expense Statement
|
Income |
|
|
|
Donations |
1025.87 |
|
|
Sale of goods |
149.00 |
|
|
Interest |
81.77 |
|
|
Total |
1256.64 |
|
Expenses |
|
|
|
Printing, postage, phone
|
0 |
|
|
Cost of good sold |
0 |
|
|
Incorporation/ legal fees |
71.25 |
|
|
Bank fees |
60 |
|
|
Conference/travel expense |
0 |
|
|
Internet fees |
98.78 |
|
|
|
|
|
|
Total |
230.03 |
|
|
Balance towards savings |
1026.61 |
|
Balance Sheet
|
Assets |
|
|
|
Previous Cash/ savings |
9,900.23 |
|
|
Cash/ savings added |
1026.61 |
|
|
|
|
|
|
Total |
10,926.84 |
|
Liabilities |
|
|
|
None
|
0 |
|
2002
Income/Expense Statement
|
Income |
|
|
|
Donations |
928.90 |
|
|
Sale of goods |
531.50 |
|
|
Interest |
198.20 |
|
|
Total |
1,658.60 |
|
Expenses |
|
|
|
Printing, postage, phone
|
66.82 |
|
|
Cost of good sold |
0 |
|
|
Incorporation/ legal fees |
61.25 |
|
|
Bank fees |
36 |
|
|
Conference/travel expense |
1136.93 |
|
|
Internet fees |
0 |
|
|
|
|
|
|
Total |
1301 |
|
|
Balance towards savings |
357.60 |
|
Balance Sheet
|
Assets |
|
|
|
Previous Cash/ savings |
9542.63 |
|
|
Cash/ savings added |
357.60 |
|
|
|
|
|
|
Total |
9,900.23 |
|
Liabilities |
|
|
|
None
|
0 |
|
2001 Income/Expense Statement
|
Income |
|
|
|
Donations |
923.50 |
|
|
Sale of goods |
4207.05 |
|
|
Interest |
161.48 |
|
|
Total |
5292.03 |
|
Expenses |
|
|
|
Printing, postage, phone
|
107.18 |
|
|
Cost of good sold |
1446.62 |
|
|
Incorporation/
legal fees |
211.25 |
|
|
Bank fees |
6 |
|
|
Conference/travel
expense |
791.50 |
|
|
Internet fees |
70 |
|
|
Total |
2632.55 |
|
|
Balance towards savings |
2659.48 |
|
Balance Sheet
|
Assets |
|
|
|
Previous Cash/
savings |
6883.15 |
|
|
Cash/ savings
added |
2659.48 |
|
|
|
|
|
|
Total |
9542.63 |
|
Liabilities |
|
|
|
None
|
0 |
|
2000
Income/Expense Statement
|
Income |
|
|
|
Donations |
1565 |
|
|
Sale of goods |
5381.98 |
|
|
Interest |
0 |
|
|
Total |
6946.98 |
|
Expenses |
|
|
|
Printing, postage, phone
|
0 |
|
|
Cost of good sold |
1459.58 |
|
|
Incorporation/
legal fees |
91.25 |
|
|
Bank fees |
18 |
|
|
Conference/travel
expense |
0 |
|
|
Internet fees |
0 |
|
|
Total |
1568.83 |
|
|
Balance towards savings |
5378.15 |
|
Balance Sheet
|
Assets |
|
|
|
Previous Cash/
savings |
1505.00 |
|
|
Cash/ savings
added |
5378.15 |
|
|
|
|
|
|
Total |
6883.15 |
|
Liabilities |
|
|
|
None
|
0 |
|
1999
Income/Expense Statement
|
Income |
|
|
|
Donations |
1482 |
|
|
Sale of goods |
1115 |
|
|
Interest |
0 |
|
|
Bad checks
|
-184 |
|
|
Total |
2413 |
|
Expenses |
|
|
|
Printing, postage, phone
|
0 |
|
|
Cost of good sold |
0 |
|
|
Incorporation/
legal fees |
595 |
|
|
Bank fees |
18 |
|
|
Conference/travel
expense |
225 |
|
|
Internet fees |
70 |
|
|
|
|
|
|
Total |
908 |
|
|
Balance towards savings |
1505 |
|
Balance Sheet
|
Assets |
|
|
|
Previous Cash/
savings |
0 |
|
|
Cash/ savings
added |
1505 |
|
|
|
|
|
|
Total |
1505 |
|
Liabilities |
|
|
|
None
|
0 |
|
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