Thursday, 09 September 2010

Annual Report and Budget

Please read our latest annual report for 2008.

The Board of Directors approves the operating budget on a yearly basis.  The budget only reflects operating expenses for the foundation.  Each project and program maintain their own budgets.

For 2009, gross revenue was $2,236,649.05 and expenses $2,830,555.93 for a deficit of revenues/expenses of $593,906.88.  This included revenues and expenses of all managed projects. The Foundation has charged managed projects an administrative fee of 3 to 20% of revenues plus interest on invested funds.

Colorado Foundation for Public Health and the Environment Operating Budget 2010

Approved January 2010

EXPENSE
Personnel $47,000
Operating
Website Maintenance and Upkeep $1,000
Travel and Meeting New Orleans (3 Board Members) $3,000
Travel Other $1,500
Accountant/Audit $4,725
Website Hosting $250
Hogland Scholarship $2,500
Dues and subscriptions (NNPHI $500, CANPO $100, Scty of State $150) $750
Insurance $1,200
Office supplies $2,000
Postage $800
Telephone $600
Internet $600
Total Expenses $66,825


REVENUE
Indirects Program Revenue
CCTSI (8%) $32,000
RIHEL (3%) $17,100
CCC (3%) $3,750
Indirects Fiscal Agent Revenue
Other (various) $40,000
Total Revenue $92,850