2019 Treasurer’s Report Summary
Full Report Available on Request
Last year was a great success for our organization – even though there were financial struggles along the way. We ended the year on a positive trend and reported Net Revenue of $14,214. The struggles were due to a conscious decision to invest in program development (particularly in vital areas of fire and forestry programs) as catastrophic wildfires decimated our area. We were buoyed at year-end by generous donations during our Giving Tuesday drive as well as receipt of a substantial grant from Patagonia.
We managed expenses down throughout the year as a result of our decreased income. Most notably, we went fully remote (ahead of the curve!) in order to save on rent expense.
This experience has changed MSBEC’s thinking, about staying financially sound in order to pursue critical programs to protect this bioregion, and to have the flexibility to jump into new issues the moment they arise
With respect to our current programs; we could not be more proud! Medicine Lake Protection Program and Fire Resiliency are both growing and maturing in very exciting ways and we cannot wait to see what is next for both. We also have formed new partnerships with our HOME program which should pave the way for our mountain environment to be protected and cared for in the years to come. That is after all, why we do what we do.
Income
Total income for 2019 increased to $110,427, compared to $89,319 the previous year.
| 2019 | 2018 | $ Change | % Change | |
| Contributions/Members | 50,267 | 30,340 | 19,927 | 66% |
| Contracts & Grants | 41,226 | 40,907 | 319 | 1% |
| Fiscal Sponsorships | 12,565 | 10,370 | 2,195 | 21% |
| Special Events/Misc. | 6,369 | 7,702 | -1,333 | -17% |
| TOTAL | 110,427 | 89,319 | 21,108 | 24% |
Expense
Total expense for 2019 decreased to $96,213 compared with $110,087 the previous year.
| 2019 | 2018 | $ Change | % Change | |
| Grants to Other Orgs | 15,000 | 0 | 15,000 | N/A |
| Salaries | 37,230 | 50,381 | -13,151 | -26% |
| Contract Services | 21,510 | 29,884 | -8,375 | -28% |
| Non-Personnel | 3,252 | 2,520 | 732 | 29% |
| Facility & Equipment | 7,350 | 9,408 | -2,058 | -22% |
| Travel & Meetings | 1,622 | 4,992 | -3,370 | -68% |
| Special Events | 5,978 | 8,004 | -2,026 | -25% |
| Other/Taxes | 4,272 | 4,898 | -626 | -13% |
| TOTAL | 96,213 | 110,087 | -13,874 | -13% |
Net Income
Annual Net Income for 2019 increased to $14,213 compared with a loss of $20,769 for the previous year.
Fund Balances
At year end, cash on hand increased to $16,579 from $3,889 the previous year.