Camp Downer, Inc.

Budget vs. Actuals: Budget_FY25_P&L - FY25 P&L

January 1 - November 13, 2025 | Cash Basis

📄 Source Document

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How to Read This Report

● Green = On target or exceeding expectations
● Orange = Needs attention or discussion
● Red = Critical issue requiring action
💡 Hover over highlighted numbers for detailed explanations

📊 Executive Summary

Net Income: $120,421 profit vs. budgeted LOSS of ($45,751)

Performance: $166,173 better than budget (Outstanding!)

Key Driver: Registration revenue 19.6% above budget

ACCOUNT ACTUAL BUDGET OVER BUDGET % OF BUDGET
INCOME
Donations 4,352 4,352
Donations - Restricted Scholarship 1,100 1,100
Registrations (Net) EXCELLENT PERFORMANCE!
We had 19.6% MORE campers than budgeted!

Breakdown:
• Gross: $749,620
• Refunds: ($19,455)
• Scholarships: ($19,570)
• Net: $710,595

This represents 98.6% of all our income.
EXCELLENT
710,595 594,289 116,306 119.6%
Merchandise 2,702 2,702
Milk Refund 972 972
Other Income 397 397
Interest Earned 190 190
Total Income 720,308 594,289 126,019 121.2%
GROSS PROFIT 720,308 594,289 126,019 121.2%
EXPENSES
5-Operations
Staff Salaries 224,878 237,600 (12,722) 94.6%
Dining Service 124,336 116,000 8,336 107.2%
Training Note for possible discussion
Training costs doubled the budget.

Budgeted: $6,500
Actual: $12,971 (199.6%)

Discussed in Director's report.
NOTE
12,971 6,500 6,471 199.6%
Camper Store 10,138 10,000 138 101.4%
Other Operations (Combined) 34,996 35,850 (854) 97.6%
Total 5-Operations 407,319 405,950 1,369 100.3%
6-Finance
Insurance 26,865 35,000 (8,135) 76.8%
Payroll Taxes 19,151 19,500 (349) 98.2%
Payment Processing Fees 17,615 19,000 (1,385) 92.7%
Advertising & Promotional 9,244 8,000 1,244 115.6%
Professional Services Only 48% of budget spent ($6,266 of $13,000).

Questions:
• Was planned work completed?
• Should we reallocate these funds?
• Were estimates too high?
6,266 13,000 (6,734) 48.2%
Other Finance (Combined) 29,663 32,590 (2,927) 91.0%
Total 6-Finance 108,804 127,090 (18,286) 85.6%
7-Building & Grounds
Facility Contractor Services 20,301 20,000 301 101.5%
Maintenance Material & Supplies 8,672 8,500 172 102.0%
Pool Maintenance Note for possible discussion
Budgeted: $4,500
Actual: $7,976 (177.2%)

77% over budget. Added costs due to lightning strike and learning new system.
NOTE
7,976 4,500 3,476 177.2%
Pond Maintenance 6,530 6,500 30 100.5%
Other Equipment 5,434 5,000 434 108.7%
Off-Season Projects Note for possible discussion
Budgeted: $20,000
Actual: $4,766 (23.8%)

Only 24% spent. What's the plan?
NOTE
4,766 20,000 (15,234) 23.8%
Capital Reserve Note for possible discussion
Budgeted: $30,000
Actual: $0 (0%)

Effectively not funded due to running a deficit.

Capital reserves fund future major expenses like:
• Roof replacement
• HVAC systems
• Building renovations
NOTE
0 30,000 (30,000) 0.0%
Other Building & Grounds (Combined) 7,910 12,500 (4,590) 63.3%
Total 7-Building & Grounds 61,589 107,000 (45,411) 57.6%
TOTAL EXPENSES 577,711 640,040 (62,329) 90.3%
NET OPERATING INCOME 🎯 OUTSTANDING PERFORMANCE!

Budgeted: LOSS of ($45,751)
Actual: PROFIT of $142,597
Better than budget: $188,348!

Operating Margin: 19.8%
(For every $1 earned, we kept $0.20)

This is excellent for a nonprofit!
142,597 (45,751) 188,348 -311.7%
OTHER INCOME
Dividend Income Cash payments from our investment account.
These are dividends from stocks/ETFs we own.
11,271 11,271
Unrealized Gain/Loss Our investments increased in value by $20,223.

"Unrealized" = We haven't sold them yet.
Think of it like your house value going up - you're wealthier on paper but don't have cash until you sell.
20,223 20,223
Other (Interest, Misc) 48 48
Total Other Income 31,542 0 31,542
OTHER EXPENSES
Depreciation This is a NON-CASH expense!

We bought buildings/equipment years ago.
Instead of expensing it all at once, we spread the cost over many years.

Example: $500,000 building with 25-year life
= $20,000/year depreciation

No money actually leaves our account for this!
53,717 53,717
Total Other Expenses 53,717 0 53,717
NET INCOME (Bottom Line) 🎉 FINAL RESULT

After EVERYTHING:
• Operations: +$142,597
• Investments: +$31,542
• Depreciation: -$53,717
= Net Income: $120,421

We budgeted a LOSS of $45,751.
We made a PROFIT of $120,421!

We're $166,173 better than budget!
120,421 (45,751) 166,173 -263.2%

💡 Items for Possible Discussion

💡 Financial Health Snapshot

Operating Margin: 19.8% (Excellent for nonprofits!)

Expense Ratio: 80.2% (Very efficient - below 85% benchmark)

Revenue Concentration: 98.6% from registrations (Consider diversification)

Budget Accuracy: Income 21% above, Expenses 10% below (Review budgeting process)

Interactive Report Generated for Camp Downer Board | Hover over highlighted items for detailed explanations

For questions, contact the Finance Committee Chair