Balance Sheet

Onondaga Oswego County Chapter

November 30, 2009

Temporarily Permanently
Unrestricted Restricted Restricted Total

ASSETS
CURRENT ASSETS:
Cash and cash equivalen ts $ 213,463 $ 13 6,2 32 $ - $ 349,695
Investments - short term $ 12,362 $ - $ - $ 12,362
Receivab les - $ 186,855 $ 20 3,6 65 $ - $ 390,520
Due from other classes of net assets $ 5,850 $ (5,850) $ - $ -
Inventories $ 19,644 $ - $ - $ 19,644
Prepaids and oth er assets $ 22,952 $ - $ - $ 22,952
Total current assets $ 461,126 $ 33 4,0 46 $ - $ 795,173
NON-CURRENT ASSETS
Investments - long term $ 1,379,179 $ 2 0,9 37 $ 311,382 $ 1,711,498
Inter Red Cross receivables $ 122,140 $ - $ 31 ,87 1 $ 154,011
Land, buildings, majo r equipment n et of accumulated dpn $ 33,819 $ - $ - $ 33,819
Total n on-current assets $ 1,535,137 $ 2 0,9 37 $ 343,253 $ 1,899,328
Total As sets $ 1,996,264 $ 35 4,9 84 $ 343,253 $ 2,694,500

LIABILITIES AND NET ASSETS

CURRENT LIABILITIES
Accounts Payable $ 4,792 $ - $ - $ 4,792
Accrued Liabilites $ 47,056 $ - $ - $ 47,056
Inter Red Cross payables $ 34,985 $ - $ - $ 34,985
Refundable advances and other liabilities $ 5,000 $ - $ - $ 5,000
Total Current liabilities $ 91,833 $ - $ - $ 91,833
NON-CURRENT LIABILITIES
Other Liabilites - long-term $ - $ 1 1,9 13 $ - $ 11,913
Total n on-current liabilities $ - $ 1 1,9 13 $ - $ 11,913
Net Assets
Unrestricted $ 1,904,431 $ - $ - $ 1,904,431
Total Net As sets $ 1,904,431 $ 34 3,0 70 $ 343,253 $ 2,590,754
Total Liabilities and net assets $ 1,996,264 $ 35 4,9 84 $ 343,253 $ 2,694,500
AMERICAN RED CROSS
ONONDAGA-OSWEGO CHAPTER
BUDGET SUMMARY - November 30, 2009

Major Variances (Actual vs. Budget)

Net Operating Excess (Deficiency)

Fundraising Revenue
* Special Events - Great Chefs
Revenue over budget . $3,000
Expenses under budget $0
* Special Events - Real Heroes
Revenue under budget ($18,000)
Expenses under budget $10,000
* Special Events - Other
Revenue over budget $20,000
Expenses over budget ($7,000)
* Special Events - Parking Lot
Revenue over budget $7,000
Expenses under budget $3,000
* Direct Mail
Revenue under budget ($25,000)
Expenses over budget $14,000
* Fundraising Revenue excluding Special Events
* Local Disaster Contributions
Total Fundraising

Products and Services

Community Workplace
Education
* Health and Safety
Revenue over (under) budget $1,000 $0
Expenses (over) under budget ($1,000) $10,000
$0 $10,000

General Expenses & Revenues

 Local Disaster Assistance
Temporary Position Vacancy

Other variances (net)

Total Net Operating Variance From Budget

Legacies and Bequests over the $80,000 Budgeted for Operations

 Favorable /
(Unfavorable)

$3,000

($8,000)

$13,000

$10,000

($11,000)
($17,000)
($2,000)
($12,000)

$10,000
$20,000
$5,000

($3,000)

$20,000

$0

$20,000
 American Red Cross - Onondaga - Oswego Chapter
Treasurer's Report
November 30, 2009

* Five Months of the fiscal year has been completed.

* Balance sheet remains strong.

The Chapter has unrestricted operating cash and short term investments of $225,000.
The Chapter's investment portfolio totals over $1,600,000.

* Through 11/30/09, the Chapter incurred an operating excess of $116,000 compared to a excess
The majority of the variance is due to the following:

* Contributions and fundraising revenue

Parking Lot - net
Heroes Breakfast – net
Great Chefs - net
Major Gifts
Local Disaster
Direct Mail -net
Other (Board/Staff Giving, Other)
Total Contributions and fundraising revenue

* Health and Safety – net

* Local disaster assistance
* Other Variances
Total Operating Variance

* Legacies and bequests – (based on $80,000 budgeted for operations annually)

* Total Variance including legacies and bequests

* Through November 30, 2009, the Chapter has raised $449,075 toward its annual fundraising
goal of $1,018,000. This includes legacy gifts of $28,838
nondaga - Oswego Chapter
r's Report
er 30, 2009

m investments of $225,000.

116,000 compared to a excess budget of $96,000.

+/-
Budget

$ 10,000
$ (8,000)
$ 3,000
$ (24,000)
$ (2,000)
$ (11,000)
$ 20,000
$ (12,000)

$ 10,000
$ 20,000
$ 2,000
$ 20,000

operations annually) $ -

$ 20,000
ward its annual fundraising