FY2016 Financials – Income & Expenses

The EEFC closed our 2016 fiscal year in September. These charts summarize the EEFC’s FY16 operating income and expenses.  Scholarship donations and other restricted income are not included.

Summary:

Our FY16 operating surplus was $4,571. We ended FY16 with assets of roughly $176,000 compared with $160,000 in FY15. We received scholarship and nest egg donations of approx $22,500 – restricted income that is not included in the operating budget until it is awarded.

Notes:

Prior year FY2015 charts are here. FY2014 charts are here. FY2010-2013 charts are here. Inner rings have more detailed categories, outer rings are summary categories.  Inner ring colors are intended for comparison with prior charts. Changes in categories are a result of changes in EEFC’s budgeting and accounting procedures. Questions or suggestions can be emailed to the board liaison at board@eefc.org.

Income chart

• Operating income includes scholarships awarded in FY16.  Prior to FY15, scholarship awards were included in the Tuition slice. 

Expense chart 

• Work Exchange and Tuition Waivers are not expenses, they are included in Camp rent & food