GSWPA Annual Report 2017-18 | Page 15

Financials 10/1/2017- 9/30/2018 % 10/1/2016- 9/30/2017 % Revenue Product Sales, net of related costs Public Support Retail Operations, net of related costs Program Fees Investment Income Other Income Total Public Support & Revenue $6,632,989 $1,673,741 $317,501 $472,899 $158,676 $327,131 $9,582,937 69.2% 17.5% 3.3% 4.9% 1.7% 3.4% 100% $7,026,199 $1,048,037 $307,622 $435,119 $117,896 $263,902 $9,198,775 76.4% 11.4% 3.3% 4.7% 1.3% 2.9% 100% Expenses (before depreciation) Program Management and General Fundraising Total Expenses $7,915,170 86.7% $704,293 7.7% $512,266 5.6% $9,131,729 100% Net change in net assets from operations (before depreciation) $7,481,296 86.3% $652,913 7.5% $534,000 6.2% $8,668,209 100% $451,208 $530,566 $19,849,265 $19,408,905 $612,950 $19,236,315 $415,719 $588,309 $18,820,596 $1,227,104 Statement of Financial Position Total assets of the council Total liabilities Total net assets Change in net assets Fundraising expenses include a portion of council management and program staff salaries. Revenue Expenses FY 2017-2018 FY 2017-2018 Retail Operations 3.3% Program Fees 4.9% Investment Income 1.7% Other Income 3.4% Fundraising 5.6% Management and General 7.7% Program 86.7% Public Support 17.5% Product Sales 69.2% A copy of Girl Scouts Western Pennsylvania’s official registration and financial information may be obtained from the Pennsylvania Department of State by calling toll free within Pennsylvania 800-732-0999. Registration does not imply endorsement. 15