The financials for the American Orchid Society as compiled by Guidestar are no longer available without registration. For those that wish to see them, go to www.guidestar.org, and register. Form 990 for fiscal year ending 2002 is now available. Or e-mail me at [EMAIL PROTECTED], and I will send you the .pdf as a 800 kb file.
Some highlights... Revenue: $2,607,729 Expenses: $3,523,641 Assets: $10,343,127 Liabilities: $1,380,481 Expenses over revenues by $915,912 Interest on savings and temporary cash investments: $138,569 Dividends and interest on securities: $49,871 Net assets and fund balances at end of year: $8,962,646 Investments - securities: Beginning of year: $4,351,838 End of year: $3,131,580 Total asssets: Beginning of year: $11,030,330 End of year: $10,343,127 Income: Awards: $83,121 Subscriptions: $206,566 Advertising: $325,943 Orchid emporium: $249,441 Salaries: James Watson, Director of Publications: $62,779 Andy Easton, Director of Education: $53,040 Special fundraising events: Auction revenue: $27,505 Auction expenses: $1,541 (gain of $25,964) Orchid Gala revenue: $84,440 Orchid Gala expenses: $87,131 (loss of $3,291) Loss on stocks (sold): $109,286 Loss on bonds (sold): $70,896 (The AOS took a bath on their Worldcom and Halliburton stock, you see, but did OK on Tyco- like Dennis Kozlowski, without the indictments, anyway.) Total of fellowships and grants: $90,501 Fixed assets: Land: $476,237.13 Building: $4,156,123.81 Greenhouse (additions): $801,461.55 Library collections: Ending book value: $156,921 Other salaries: Michele Meeks, Chief Financial Officer: $70,998 Lee Cooke, Executive Director: $131,007 Email me if you want a copy of the .pdf. Please feel free to copy and distribute this e-mail to all venues.
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