Non-Profit Recreation Agency

2017 Budget Memo

To: NPRA Board of Directors
From: Carter Lee - CFO
CC: Dan Smith - CEO

Dear Board of Directors,

As 2016 comes to an end and we set our sights on 2017, I would like to take this
time to review the proposed 2017 budget with you all. 2016 was a great year for
us, and we are optimistic 2017 will be the same way. In 2017 we anticipate being
able to increase employee salaries, hire a program director for the new Biking
Program, hire another van driver, plus purchase a new accessible van. All this
while also increasing profits by nearly 4% compared to 2016.

Our new Biking Program has been highly anticipated and is expected to bring in
over $10,000 in revenue after program related expenses. We’ve received a lot of
feedback from participants in our skiing programs about having something similar
during the summertime. This program should fulfill that demand.

We are estimating an increase in revenue for 2017 of nearly 10%. This increase
will come mostly from our new Biking Program, but increases in our fundraising
efforts and collection of fees from programs contribute greatly.

In addition to increasing revenue we wanted to reduce expenses by 3%. In order

to accomplish this, we have had to make some serious changes throughout our
organization. Our paperless initiate has been extremely successful and has
helped us to accomplish this goal. We were able to eliminate our need for
printing entirely through this initiative and reduced spending on postage and
office supplies by approximately 60% each.
 2017 Summary 2016 Summary

$98,000 $99,200

Total Revenue Total Revenue

Total Total
$720,25 Expenses $681,00 Expenses
$714,93 0 $676,21 0 Total Capital
Total Capital
6 0

As you can see by the charts above, our 2016 and 2017 years look to be fairly similar.

If you would like to know more about the proposed 2017 budget, you may refer
to the attached Budget Analysis document found at the end of this memo. Please
do not hesitate to reach out to me if you have any questions or concerns
regarding the proposed 2017 Budget.

I hope you all have a wonderful day.

Sincerely,

Carter Lee - CFO