The Agricultural Foundation
of
California State University, Fresno
2013-14 Annual Report
Supplemental Information
(Unaudited)
Approved by the Board of Directors
September 19, 2014
The Agricultural Foundation
of
California State University, Fresno
2013-14 Annual Report
Supplemental Information
(Unaudited)
Approved by the Board of Directors
September 19, 2014
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY,
FRESNO
Table of Contents
2013- 14
PageNumber
Statement of Income and Expense
Schedule oflnvestments
Statement of Operations - Administration
Statement of Operations - Beef- Feedlot
Statement of Operations - Beef- Purebred Herd
Beef- Purebred Herd Livestock Inventory Summary
Statement of Operations- Beef- Red Wave Classic
Statement of Operations - Beef- San J oaquin Experimental Range
Beef- San Joaquin Experimental Range- Livestock Inventory Summary
Statement of Operations - Dairy
Dairy Livestock Inventory Surnmary
Statement of Operations - Dairy Industry
Statement of Operations - Farm Market
Statement of Operations - Farm Operations
Statement of Operations - Field Crops
Statement of Operations- Food Processing
Statcmcnt of Opcrations - Hackney IIorse
Haclmey Horse Livestock Inventory Summary
Statement of Operations - Quarter Horse
Quarter Horse Livestock Inventory Summary
Statement of Operations - Student Horse Center
Statement of Operations - Meats Laboratory
Statement of Operations - Orchard
Statement of Operations - Organic Farming
Statement of Operations - Ornamenta! l-!orticnlture - Floral
Statement of Operations - Ornamenta! Horticultme - Nursery
Statement of Operations - Poultry
Statement of Operations - Rodeo
Statement of Operations - Sheep
Sheep Livestock Inventory Summary
Statement of Operations - Swine
Swine Livestock Inventory Summary
Statement of Operations - Vegetable Crops
Statement of Operations - Vineyard - Table Grapes
Statement of Operations - Vineyard- Wine Grapes
Statement of Operations - Winery
I
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36-37
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
THE CALIFORI\'IA STATE UNIVERSITY AUXILIARY ORGANIZATION
STATEMENT OF INCOME AND EXPENSE
FOR THE YEAR ENDED JUNE 30, 2014
ENTERPRISES
Administration
Beef- Feedlot
Beef- Purebred Herd
Beef- Red Wave Classic
Beef- SJER
Dairy
Dairy Industry
Farm Market
Farm Operations
Field Crops
Food Processing
Horse - Hackney Horse
Horse - Quarter Horse
Horse - Student Horse Center
Meats Laboratory
Orchard
Organic Farming
Ornamenta! Horticulture - Floral
Ornamental Horticulture - Nursery
Poulny
Rodeo
Sheep
Swine
Vegetable Crops
Vineyard- Table Grapes
Vineyard-Wine Grapes
Winery
TOTALS
SALES/
INCOME
$
208,025
120,029
81,783
61,590
145,560
922,438
354,898
686,063
634,605
244,186
75,507
INVENTORV
6/30/2013
$
20,756
30,600
7,661
48,852
193,550
63,720
52,520
o
o
o
o
o
163,727
23,138
o
55,870
1,304
o
o
o
o
101,611
61,977
71,990
73,340
172,879
401,436
401,857
388,097
397,286
17,074
326,383
$
49,825
8,129
o
o
o
6,904,228
NETCOSTOF
PRODUCTION
$
208,025
126,211
79,918
61,271
147,450
939,687
362,108
701,501
574,234
245,831
76,278
o
346,503
665,311
85,029
201,892
483,305
399,604
217,987
450,132
o
o
915,820
o
195,854
o
40,180
34,819
16,467
$
o
o
o
o
134,376
67,403
71,990
o
o
o
INVENTORY
6/30/2014
$
29,858
28,700
4,401
23,360
283,694
59,410
50,564
o
o
417,762
1,243,583
$ 7,430,228
PRODUCTION
EXPENSES
$
208,025
135,313
78,018
58,011
121,958
1,029,830
357,798
699,544
574,234
245,831
76,278
$
(6,182)
1,865
319
(1,890)
(17,249)
(7,209)
(15,438)
60,371
(1,645)
(771)
o
o
201,918
(38,191)
o
o
352,548
658,486
65,214
585,097
o
o
o
o
134,376
67,403
71,990
(32,765)
(5,426)
o
o
o
o
42,148
36,120
83,061
200,591
499,772
399,604
217,987
411,677
(9,721)
(27,712)
(98,335)
2,253
170,110
Q4,391)
o
o
o
364,838
$
SURPLUS/
(DEFICIT)
998,121
$
6,821,927
$
608,301
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
SCHEDULE OF INVESTMENTS
AS OF JUNE 30,2014
INVESTMENTS
Money Markets:
Citibank
Loca! Agency Investment Fund
Total Money Markets
Long-Tenn Receivables:
Califomia Dairies, !ne. Base Capital Fund
"'
Endowment Fund:
Fresno State Foundation
Total Investments
COST
MARKETVALUE
6/30/2014
$1,400,378
104,913
$1,400,378
104,913
1,505,291
1,505,291
37,535
37,535
737,595
831,336
$2,280,421
$2,374,161
DATE OF
PURCHASE
MATURITY
DATE
STATED RATE
OFRETURN
0.25%
0.22%
12.53%
THE AGRICULTURAL FOUNDATION OF CALIFORNlA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
ADMINISTRATION
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2013-14
BUDGET
2012-13
ACTUAL
2013-14
ACTUAL
INCOME:
$
Administrative Fees
Insurance Refund
Interest lncome
Miscellaneous Income
Total Income
173,211
6,422
6,267
1,255
$
202,277
6,400
5,000
$
195,729
7,165
4,977
155
187,155
213,677
208,025
18,145
2,346
1,100
30,984
210
128,500
3,643
2,227
20,200
1,700
1,000
30,600
200
149,000
3,000
2,000
18,170
2,037
1,750
30,597
160
149,000
1,179
5,134
187,155
207,700
208,025
EXPENSES:
Audit:
Certified Public Accountants
Bank Charges
Dues
Insurance
Licenses/Taxes/Fee
Management and Financia1 Services Fee
Miscellaneous
Office Supplies/Postage/Te1ephone
Total Expenses
NET SURPLUS/(DEFICIT)
$
3
$
5,977
$
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
BEEF- FEEDLOT
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2013-14
BUDGET
2012-13
ACTUAL
2013-14
ACTUAL
!NCOME:
$
Feed
Sale ofLivestock
Yardage
Agricultural Operations Suppmt
Donation lncome (Non Cash)
72,536
18,254
7,084
1,980
$
99,854
Total Income
80,000
15,000
9,000
$
o
o
51,825
12,138
5,362
(1,042)
51,746
104,000
120,029
EXPENSES:
Payroll:
o
Monthly
Student
CSUF Benefits
Total Payroll
5,857
o
Administrative Fees
Equipment:
Depreciation
Rental/Repair
Feed
(Increase)Decrease in Herd Valuation
Miscellaueous
Purchase of Livestock
Supplies
Total Expenses
$
NET SURPLUS/(DEFICIT)
4
o
6,500
o
5,857
3,665
6,500
4,820
1,309
12,429
99,730
942
11,000
75,000
o
o
182
12,000
1,000
12,000
o
o
135,172
111,262
(35,318) $
(7,262) $
34,729
10,187
17,017
61,933
2,668
942
11,682
37,657
(2,411)
326
13,200
214
126,211
(6,182)
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
BEEF - PUREBRED HERD
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2013-14
BUDGET
2012-13
ACTUAL
2013-14
ACTUAL
INCOME:
Sal e of Livestock
Other:
Veterinary Supplies
Other
Agricultural Operations Support
$
33,424
$
50,000
$
76,043
2,005
6,951
1,757
2,000
4,000
Total Income
44,136
56,000
81,783
Student
Employee Benefits
13,507
602
1,587
15,000
2,250
2,600
9,525
1,406
7,810
922
10,000
922
8,710
3,067
3,000
500
10,000
3,552
o
1,580
5,025
(866)
EXPENSES:
Payi·oll:
Administrative Fees
Equipment:
Depreciation
Rental/Repair
Exhibition/Marketing Expenses:
Advertising
Trave!
Feed
Livestock Expense:
Artificial Insemination/Embryo Transfer
(!ncrease)/Decrease in Herd Value
Registration/Perfonnance Programs
Other
o
5,986
3,527
(5,500)
524
1,163
1,279
3,319
Miscellaneous
Prospect Sales Expense
Supplies:
Fence
NET SURPLUS/(DEFICIT)
$
5
800
500
700
2,000
4,202
1,900
685
824
1,208
2,890
o
o
869
3,527
1,622
3,038
781
48,054
65,972
79,918
(3,918) $
(9,972) $
o
Total Expenses
o
o
33,352
7,000
5,000
2,000
700
256
5,515
3,137
Veterinary
Other
Transpmtation
Utilities
3,000
o
3,180
1,865
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
BEEF- PUREBRED HERD
FOR THE YEAR ENDED JUNE 30, 2014
CLASSIFICA TION
2011
2012
2013
2014
cows
31.5
31
15
41
30
25
43
HEIFERS
BULLS
62.5
46
51.5
6
TOTAL
77.5
96.0
6
10
115.5
103.5
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERISTY, FRESNO
STATEMENT OF OPERATIONS
BEEF- RED WA VE CLASSIC
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2012-13
ACTUAL
2013-14
BUDGET
2013-14
ACTUAL
INCOME:
$
Bedding Sales
Entry Fees
Major Sponsor
Merchandise Sales
Other Sponsors
Agricultural Operations Support
Total Income
1,395
32,867
7,000
6,075
7,060
97
$
1,500
33,000
7,000
6,000
7,500
$
o
1,325
37,080
7,000
7,200
8,985
o
54,494
55,000
61,590
2,037
713
12,045
1,197
2,857
350
1,820
3,239
2,000
496
10,653
1,868
17,854
1,760
1,260
2,549
1,000
I 0,000
1,500
2,500
400
1,200
2,000
2,200
500
8,000
1,500
19,000
1,700
1,000
2,370
1,079
10,620
1,000
2,862
350
1,000
2,108
1,750
60,149
55,049
61,271
EXPENSES:
Administrative Fees
Advertising/Promotion
Awards
Bedding for Resale/Rings
Catering
CJLA Sanctioning Pees
Equipment Rental
Judges Trave! Expense
Judging Fe es
Mail Charges
Merchandise for Resale
Miscel!aneous
Premiums
Security
Waste Disposal
Total Expenses
NET SURPLUS/(DEFICIT)
$
7
(5,655) $
(49) $
o
10,769
5,400
18,778
1,885
1,300
319
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
BEEF- SAN JOAQUIN EXPERIMENTAL RANGE
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2013-14
BUDGET
2012-13
ACTUAL
2013-14
ACTUAL
INCOME:
Sal e of Livestock:
SJER Sales
$
Miscellaneous:
Pasture Rent
64,735
$
22,888
Other Income
Gain/(Loss) on Sale ofEquipment
Agricultural Operations Support
Total Income
60,000
o
20,000
6,880
o
o
$
!39,521
6,880
o
3,257
o
448
(1,289)
90,880
86,880
145,560
20,236
12,414
4,179
36,829
3,281
14,667
2,200
16,867
4,027
24,372
13,622
5,787
43,781
5,634
1,458
17,154
12,839
1,459
14,000
14,000
1,458
13,209
29,304
2,408
14,448
1,445
300
o
o
EXPENSES:
Payroll:
Non-Benefitted
Student
Employee Benefits
Total Payroll
Administrative Fees
Equipment:
Depreciation
Rental/Repair
Feed
Livestock Expense:
Artificiallnsemination
Increase in Herd valuation
Horseshoeing!Hoof Trim
Purchase ofBreeding Stock
Miscellaneous:
Other
Supplies:
Fence/Conal Repair
Propane
Veterinary
Other
Utilities
Total Expenses
NET SURPLUS/(DEFICIT)
$
8
o
o
3,000
10,000
25,492
1,845
7,900
500
800
1,762
1,701
771
1,147
2,376
10,275
o
o
851
5,000
7,500
10,000
1,952
2,528
11,736
106,632
86,953
147,450
(15,752) $
(73) $
o
(1,890)
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
BEEF-SAN JOAQUIN EXPERIMENTAL RANGE
FOR THE YEAR ENDED JUNE 30, 2014
CLASSIFICATION
COMMERC!AL HERD
2011
2012
2013
2014
168
167
140
55
9
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
DAIRY
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2012-13
ACTUAL
2013-14
BUDGET
2013-14
ACTUAL
!NCOME:
$
Sale ofLivestock
Sal e of Products
Other Income
Donation Income (Non Cash)
Agricultural Operations Support
44,181
605,258
43,147
$
o
Total Income
29,000
512,000
20,000
19,680
o
o
712,266
561,000
$
61,893
788,300
25,019
55,578
(8,352)
922,438
EXPENSES:
Payroll:
Monthly
Student
Employee Benefíts
Total Payroll
Administrative Fees
Association Dues
Equipment:
Depreciation
Rental/Lease
Rental/Repair
Exhibition/Marketing
Feed
Livestock Expense:
Artifícial Insemination/Embryo Transfer
Bedding
Bio logicals/Antibiotics
BST
DHI Testing/Classitication
Donation of Livestock
Hoof Trinnning
(Increase)/Decrease in Herd Value
Pmchase of Livestock
Regislration/Classifícation
Veterinary Services
Waste Management!Nutrient
Other
Supplies:
Cleaning
Veterinary Supplies
Other
o
o
80,476
84,000
o
o
80,476
25,933
586
84,000
26,002
200
34,621
88,963
13,156
136,741
33,678
747
62,898
17,407
86,006
29
485,993
62,898
15,000
80,000
100
377,650
62,898
13,165
94,765
263
542,018
11,126
12,000
1,000
9,000
1,000
3,500
14,167
o
7,419
1,430
3,637
o
380
500
Total Expenses
NET SURPLUS/(DEFICIT)
$
10
o
900
o
o
4,354
390
3,434
6,800
1,157
(47,470)
41,250
o
o
75,000
JOO
o
86
4,792
(439)
100
10,000
500
3,055
7,384
16
13,804
602
3,442
14,000
1,000
2,700
16,476
598
3,799
806,107
776,650
939,687
(93,841) $
(215,650) $
(17,249)
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
DAIRY
FOR THE YEAR ENDED JUNE 30, 2014
CLASSIFICATION
2013
2014
84
231
73
269
104
312
305
373
2011
2012
228
HEIFERS
1
216
73
TOTAL
290
BULLS
cows
11
o
o
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
DAIRY INDUSTRY
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2012-13
ACTUAL
2013-14
BUDGET
2013-14
ACTUAL
INCOME:
Sal e of Products
Agricultural Operations Support
$
Donation Income
Miscellaneous
Total Income
317,315
6,531
1,000
5,011
329,857
$
300,000
$
o
o
o
300,000
331,146
(2,474)
25,940
286
354,898
EXPENSES:
Payroll:
Monthly
Student
Employee Benefits
Total Payroll
Administrative Fees
Equipment:
o
o
o
o
51,846
12,069
47,500
13,905
15,564
59,770
7,315
82,649
12,754
6,440
41,221
9,350
40,000
9,225
45,470
8,397
77,411
2,220
7,500
76,000
2,500
7,209
85,348
3,746
3,295
40,393
51,086
5,978
3,500
41,000
40,000
7,500
3,568
52,902
54,128
5,111
300,356
288,755
362,108
51,846
Depreciation
Rental/Repair
Miscellaneous:
Inspections/Assessments
Purchased Products for Resa1e
Public Re1ations
Supplies:
Cleaning Chemica1s
Ingredients
Packaging
Miscellaneous
Total Expenses
$
NET SURPLUS/(DEFICIT)
12
29,501
47,500
$
11,245
$
(7,209)
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
GIBSON FARM MARKET
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2013-14
BUDGET
2012-13
ACTUAL
2013-14
ACTUAL
INCOME:
Commissions
Food Sales
Non-Food Sales
Olive Oil Sales
Wine Sales
Agricultural Operations Support
Donation Income (Non Cash)
Miscellaneous
$
317,908
$
o
24,935
47,244
204,036
16,000
108,195
9,519
Total Income
87,500
420,000
25,000
$
o
104,736
359,797
33,995
o
240,000
194,134
(7,182)
120
463
o
o
o
727,837
772,500
686,063
48,437
52,000
18,720
132,000
37,544
240,264
500
6,000
21,900
55,801
EXPENSES:
Payroll:
Benefitted
Non-Benefitted
Student
Employee Benefits
Total Payroll
Ad vertising
Contract Labor - Custodial
Credit Carel Fe es
Donations
Equipment:
Depreciation
Rentai/Repair
Licenses/Taxes/Fees
Miscellaneous
Products far Resal e- Wine
Proclucts far Resale- Foocl
Proclucts far Resale- Non-Food
Proclucts far Resale- Olive Oil
Public Relations
Shrinkage
Supplies
Special Events
UBIT Income Taxes
Uniforms
Utilities
o
135,889
25,714
210,040
932
o
21,617
3,297
o
o
4,774
5,821
2,039
4,659
138,171
I 08,387
8,478
26,346
1,917
3,231
40,252
4,975
2,176
2,292
10,097
Total Expenses
$
13
128,336
15,895
13,153
371
2,091
123,494
186,124
12,824
12,000
3,500
5,000
144,000
210,000
7,000
o
o
4,000
6,850
35,000
599,501
NET SURPLUS/(DEFICIT)
o
172,486
2,168
230,456
203
6,055
25,848
319
$
o
961
1,190
42,961
3,171
1,000
1,000
24,000
1,474
34,910
722,014
701,501
50,486
o
$
(15,438)
STATEMENT OF OPERATIONS
FARM OPERATIONS
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2012-13
ACTUAL
2013-14
BUDGET
2013-14
ACTUAL
INCOME:
Agricultural Operations Support from University
$
Donation Income
Endowrnent Income:
Interest Income
Umealized Gain on Securities
Miscellaneous
Total Income
105,865
1,100
$
140,000
$
537,469
o
o
21,436
44,806
3,250
15,000
5,000
32,023
60,371
4,742
176,457
160,000
634,605
8,505
8,991
126
6,391
24,013
10,000
7,463
o
EXPENSES:
Payroll:
Contract Labor
Salaries/Wages
Student
Employee Benefits
Total Payroll
Equipment:
Depreciation
Rental/Repair
BadDebt
Incentive Fee Transfers
ln:fi·astructure Improvements
Miscellaneous
Property Tax
Public Relations
Supplies
University Donations
Utilities
Waste Management/Nutrient
Total Expenses
NET SURPLUS/(DEFICIT)
$
14
o
o
12,000
1,800
23,800
6,773
o
14,236
23,217
25,513
319
4,083
13,543
5,724
2,605
1,020
7,094
21,280
1,597
1,643
21,832
40,000
2,000
3,000
1,173
3,829
486,815
2,426
2,328
131,651
131,132
574,234
44,806
21,832
17,506
127
12,256
7,517
4,190
o
o
20,000
5,000
3,000
4,500
8,000
o
o
$
28,868
$
60,371
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
FIELDCROPS
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2012-13
ACTUAL
2013-14
BUDGET
2013-14
ACTUAL
INCOME:
Sale ofProducts
Agricultural Operations Support
Donation Income (Non Cash)
$
Total Income
207,886
6,590
$
250,000
$
232,909
(2,252)
13,528
o
o
o
214,477
250,000
244,186
2,314
8,000
20,000
12,000
8,750
48,750
11,588
22,608
19,407
15,192
8,073
65,280
8,962
19,124
55,000
2,000
300
500
4,457
49,682
29,431
229
49,742
17,172
4,036
12,000
9,697
17,854
16,240
10,676
55,000
7,000
6,000
5,000
l 0,000
36,137
8,072
11,603
194
13,448
7,804
221
I 0,312
235,219
240,262
245,831
EXPENSES:
Payroll:
Contract Labor
Benefitted
Student
Employee Benefits
Total Payroll
Administrative Fees
Equipment:
Depreciation
Rental/Repair
Harvesting/Hauling
o
21,431
o
23,745
7,784
4,457
45,878
15,721
217
Insmance
o
Miscellaneous
Supplies:
Fertilizer
Herbicides
Insecticides
Irrigation
Seeds
Soi! Amendments
Other
Utilities
Total Expenses
NET SURPLUS/(DEFICIT)
$
15
(20,743) $
o
o
20,000
o
9,738
$
(1,645)
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
FOOD PROCESSING
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2012-13
ACTUAL
2013-14
BUDGET
2013-14
ACTUAL
INCOME:
Sal e of Products
Agricultural Operations Supp01t
Donation !ncome (Non Cash)
$
Total lncome
20,091
325
$
35,000
o
o
o
20,416
35,000
$
31,476
(383)
44,414
75,507
EXPENSES:
Payroll:
Benefitted
Student
Employee Benefits
Total Payroll
Administrati ve Fe es
o
o
2,752
7,000
o
o
2,752
752
5,000
7,000
1,622
1,500
5,000
51
3,836
3,602
1,000
11,000
5,000
1,233
11,012
5,374
15,993
32,122
76,278
o
Equipment Rental/Repair
Processing Lab Charges
Supplies:
Cleaning Chemicals
lngredients
Packaging
Total Expenses
NET SURPLUS/(DEFICIT)
$
16
30,420
8,034
13,993
52,448
1,211
4,423
$
2,878
o
5,000
$
(771)
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
HORSE- HACKNEY HORSE
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2012-13
ACTUAL
2013-14
BUDGET
2013-14
ACTUAL
INCOME:
Donation from Hackney Horse Restricted Funds
Sale ofLivestock
$
4,797
3,889
$
$
o
o
Total Income
8,686
o
o
Non-Benefitted
Employee Benefits
Total Payroll
2,600
262
2,862
146
o
o
o
o
o
o
o
1,575
o
o
1,260
1,600
1,000
o
o
o
o
1,000
o
o
9,443
o
o
EXPENSES:
Payroll:
Administrative Fees
Equipment:
Exhibition!Marketing:
Feed
Livestock Expense:
Farrier
(Increase)Decrease in Herd Valuation
Vet Services
Supplies:
Veterinary
Total Expenses
NET SURPLUS/(DEFICIT)
$
17
(757) $
o
o
$
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
HORSE- HACKNEY HORSE
FOR THE YEAR ENDED JUNE 30, 2014
CLASSIFICA TION
20ll
2012
2013
2014
STALLIONS
MARES
FILLIES & COLTS
GELDINGS
o
o
5
1
2
1
o
o
o
o
o
o
o
o
TOTAL
7
4
o
o
18
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
HORSE- QUARTER HORSE/EQUINE
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2012-13
ACTUAL
2013-14
BUDGET
2013-14
ACTUAL
INCOMB:
$
Sal e of Livestock
Boarding Fees- SHC
Breeding
Equestrian Fees- SHC
Pen Rental
Other
Agricultural Operations Support
Gain/(Loss) on Sale ofEquipment
Donation Income
48,941
$
$
4,595
o
o
o
31,550
22,208
500
42,892
8,230
474
(!,351)
(266)
59,491
77,467
107,000
163,727
o
500
o
o
50,000
6,000
1,000
20
23,411
o
Total lncome
20,000
30,000
BXPENSBS:
Payroll:
Benefitted
Non-Benefitted
Student
Employee Benefits
Total Payroll
Administrative Fees
Credit Card Fees
Bquipment:
Depreciation
Rental/Repair
Bxhibition/Marketing:
Advertising
Feed
Livestock Expense:
Donation of Livestock
Farrier
Decrease in Herd Valuation
Livestock Expense
Miscellaneous
Registration Fees
Veterinary Services
Miscellaneous
Supplies:
Straw/Bedding
Veterinary Supplies
Other
Uti1ities
o
o
14,445
o
18,720
22,100
3 034
17,479
1,852
426
40,820
4,959
500
35,631
200
19,424
19,081
74,336
4,073
548
7,587
9,900
7,504
8,941
500
49,000
55,150
o
o
7,105
o
18,421
o
1,200
5,360
5,200
5,000
o
o
o
o
569
860
3,208
Total Expenses
NET SURPLUS/(DBFICIT)
$
19
o
6,400
4,660
3,200
3,815
844
105
3,350
o
700
700
I ,000
1,046
2,521
1,390
316
16,000
3,000
1,000
300
22,020
2,979
3,709
284
66,953
140,966
201,918
(33,966) $
(38,191)
l 0,514
$
o
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
HORSE- QUARTER HORSE
FOR THE YEAR ENDED JUNE 30, 2014
CLASSIFICATION
2011
2012
2013
2014
6
4
12
15
12
11
31
STALLIONS
MA RES
FILLIES & COLTS
GELDINGS
12
26
o
5
13
22
4
TOTAL
44
44
20
o
o
o
23
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
HORSE- STUDENT HORSE CENTER
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2012-13
ACTUAL
2013-14
BUDGET
2013-14
ACTUAL
INCOME:
Boarding Fees
Equestrian Use Fees
Other Income
Sale ofLivestock
SFAS 116 Donated Jncome
Agricultural Operations Support
$
36,602
60,018
859
3,900
$
1,299
o
o
o
o
o
o
102,678
o
o
1,912
9,504
214
11,630
3,796
84
o
o
o
o
o
o
o
o
o
o
o
o
3,661
1,489
42,271
o
o
o
o
o
o
96
o
o
23,080
75
o
o
o
o
o
o
o
86,182
o
o
o
Total Income
$
o
o
o
EXPENSES:
Payroll:
Non-Benefitted
Student
Employee Benefits
Total Payroll
Administrative Fees
Advertising
Equipment:
Depreciation
Rental!Repair
Feed
Livestock Expense:
Miscellaneous
Supplies:
Straw/Bedding
Other Supplies
Utilities
Total Expenses
NET SURPLUS/(DEFICIT)
$
21
16,496
$
$
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
MEATS LABORATORY
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2012-13
ACTUAL
2013-14
BUDGET
2013-14
ACTUAL
INCOME:
Sal e of Products
Catering
Custom Slaughter
Product Development
Agricultural Operations Support
Douation lncome (Non Cash)
Miscellaneous
$
Total Income
195,551
2,871
14,580
43,074
8,942
39,528
1,609
$
175,000
5,000
20,000
20,000
$
12,000
245,176
850
21,223
31,455
1,404
114,660
2,993
232,000
417,762
o
o
306,155
EXPENSES:
Payroll:
Benefitted
Student
Employee Benefits
Total Payroll
Administrative Fees
Equipment:
Depreciation
Rental/Repair
Miscellaneous:
Advertising
Dues
Rendering
Other
Products far Resal e
Products far Catering
Livestock Far Resale
Supplies:
Packaging Materia1s
Processing Supp1ies
Small Equipment
Other
Total Expenses
NET SURPLUS/(DEFlCIT)
$
22
o
o
73,908
299
74,207
9,649
70,000
700
70,700
10,753
33,070
91,197
16,535
140,802
11,609
9,000
3,318
6,048
5,000
16,669
19,052
o
o
o
o
3,380
1,289
59,989
332
44,782
3,500
5,000
28,513
73,320
200
125
3,200
1,934
73,497
267
57,572
10,060
3,908
1,010
7,836
8,000
4,000
500
3,000
8,656
4,248
6,351
8,366
228,760
218,334
352,548
77,395
o
$
13,666
$
65,214
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
ORCHARD
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2012-13
ACTUAL
2013-14
BUDGET
2013-14
ACTUAL
INCOME:
$
Sal e of Products
Other lncome
Sal e of Olive Oi! (Bottled)
Agricultural Operations Support
Donation Income (Non Cash)
897,316
6,417
27,154
6,141
$
$
o
30,000
o
o
o
Total Income
695,320
1,171,078
11,287
27,079
(2,227)
36,367
937,028
725,320
1,243,583
201,289
225,000
EXPENSES:
Payroll:
Contract Labor
Benefitted
Non-Benefitted
Student
Employee Benefits
Total Payroll
9,024
22,561
1,939
231,813
34,856
14,097
27,000
1,350
253,350
33,619
13,086
226,514
10,395
19,148
10,998
10,484
277,539
46,540
13,086
16,086
44,862
16,570
45,000
13,570
46,064
3,866
15,036
13,160
1,940
944
9,259
13,816
7,000
25,000
15,000
10,000
1,500
10,000
15,000
9,321
22,347
13,749
6,333
780
18,000
55,706
21,221
51,966
17,684
12,025
23,898
18,000
40,000
20,000
35,000
20,000
7,000
22,000
20,400
59,528
21,247
21,191
27,917
14,205
29,067
603,235
607,125
658,486
o
o
o
Administrative Fees
Development Depreciation
Equipment:
Depreciation
Rental/Repair
Harvesting!Marketing:
Hauling
Other
rnsurance
Irrigation
Miscellaneous
Products for Resal e:
Products for Resale- Olive Oil
Supplies:
Bees
Fertilizer
Fungicides
1-!erbicides
Insecticides
Other
Utilities
Total Expenses
$
NET SURPLUS/(DEl'ICIT)
23
333,793
$
I I 8,195
o
15,601
$
585,097
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
ORGANIC FARMING
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2012-13
ACTUAL
2013-14
BUDGET
2013-14
ACTUAL
INCOME:
Sale of Products
Agricultural Operations Support
Donation Income
$
Total Income
11,377
1,955
7,937
$
$
o
o
o
o
21,269
o
o
8,324
15,806
24,130
426
o
o
o
o
o
o
o
o
725
780
o
o
o
o
39
378
o
o
o
o
26,478
o
o
EXPENSES:
Payroll:
Non-Benefitted
Student
Total Payroll
Administrative Fees
Equipment:
RentaVRepair
Miscellaneous
Supplies:
Irrigation
Other
Total Expenses
NET SURPLUS/(DEFICIT)
$
24
(5,209) $
$
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
ORNAMENT AL HORTICULTURE- FLORAL
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2012-13
ACTUAL
INCOME:
Sa1e of Products:
F1owers
ltems/Fmm Market
Other Income
Agricultural Operations Support
$
Total Income
112,686
2,782
1,943
3,840
2013-14
BUDGET
$
2013-14
ACTUAL
115,000
3,000
$
o
o
100,302
2,870
14
(1,575)
121,251
118,000
101,611
36,965
28,923
5,781
71,669
4,396
983
35,040
13,000
9,345
57,385
5,469
1,000
29,811
31,806
5,788
67,405
3,971
1,318
1,159
476
46,666
11,070
3,529
2,141
o
o
500
55,000
7,151
4,000
1,500
468
47,178
8,294
3,729
2,014
142,089
132,005
134,376
(20,838) $
(14,005) $
(32,765)
EXPENSES:
Payroll:
Benefitted
Student
Employee Benefits
Total Payroll
Administrative Fees
Credit Card Fe es
Equipment:
Depreciation
Miscellaneous
Products for Resa1e -Fiowers
Products for Resale-Floral Supplies
Vehicle Rental
Supplies
T ota1 Expenses
NET SURPLUS/(DEFICIT)
$
25
THE AGRICULTURAL FOUNDATION OF CAL!FORNIA STATE UNIVERSITY, FRESNO
STATEMENT 011 OPERATIONS
ORNAMENT AL HORTICULTURE- NURSERY
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2013-14
BUDGET
2012-13
ACTUAL
2013-14
ACTUAL
INCOME:
Greenhouse Plants(Store)
Nursery Plants
$
Organic Plants
$
o
o
o
o
3,649
3,000
24,063
12,583
2,308
81
(532)
23,472
2
41,888
32,000
61,977
21,273
12,011
2,709
o
Plant Rental
Agricultural Operations Support
Donation Income (Non Cash)
Other lncome
2,246
Total Income
15,000
11,000
3,000
$
EXPENSES:
Payroll:
Benefitted
Student
Employee Benefits
Total Payroll
Administrative Fees
Credit Card Pees
Dcprcciation
Equipment Rental/Repair
Miscellaneous:
Cet1ification/License
Miscellaneous
Office Supp1ies
Products for Resal e:
Nursery/House P1ants
Supplies:
Containers
Fertilizers
Herbicides
lnsecticides/Fungicicles
Labels
Per li te
Soi! Media
Other
Total Expenses
$
NET SURPLUS/(DEFICIT)
26
o
o
17,440
15,000
o
o
17,440
1,484
213
2,421
1,592
15,000
1,483
150
1,412
2,000
12,968
12,789
10,504
36,260
1,502
455
1,412
1,829
705
218
238
800
200
200
759
116
733
9,860
7,000
12,270
1,290
550
109
138
791
18
1,652
5,334
1,000
500
200
200
1,306
598
201
141
952
1,500
4,000
1,943
6,926
44,053
35,645
67,403
(2,165) $
(3,645) $
(5,426)
o
o
o
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
POULTRY
FOR THE YEARS ENDED .JUNE 30, 2014 AND 2013
2012-13
ACTUAL
2013-14
BUDGET
2013-14
ACTUAL
INCOME:
Sale ofProclucts
Foster Fanns Stipend
Research Projects
Agricultural Operations Support
$
3,838
22,562
$
o
Total Income
12,000
60,000
3,000
$
1,973
71,924
o
1,522
o
(1,908)
27,922
75,000
71,990
7,171
12,838
376
20,385
144
424
117
5,717
30,000
30,000
1,500
61,500
556
2,000
10,000
28,116
39,914
1,871
69,901
76
1,272
131
609
26,787
74,056
71,990
EXPENSES:
Payroll:
Benefittecl
Student
Employee Benefits
Total Payroll
Administrative Fces
Depreciation
Equipment Renlal!Repair
Supplks
Total Expenses
NET SURPLUS/(DEFICIT)
$
27
I ,135
o
$
944
$
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
RODEO
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2012-13
ACTUAL
2013-14
BUDGET
2013-14
ACTUAL
INCOME:
Pen Rental
Agricultural Operations Support
$
Total Income
6,485
209
$
$
o
o
6,694
o
o
1,024
243
o
o
o
o
3,926
746
o
o
o
o
41
o
o
5,980
o
o
EXPENSES:
Payroll:
Student
Administrative Fees
Equipment:
Depreciation
Rental/Repair
Livestock Expense:
Supplies
Total Expenses
NET SURPLUS/(DEFICIT)
$
28
714
$
$
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
SHEEP
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2012-13
ACTUAL
2013-14
BUDGET
2013'14
ACTUAL
INCOME:
Sale ofLivestock
Other Income
Donation Income
Agricultural Operations Support
$
Total Income
43,443
719
100
209
$
43,000
$
o
o
o
44,471
43,000
37,494
o
36,081
(235)
73,340
EXPENSES:
Payroll:
o
o
o
o
Benefitted
Student
Employee Benefits
Total Payroll
Administrative Fees
Depreciation
o
4,000
o
23,862
784
12,169
36,815
1,443
o
4,000
1,993
2,000
2,064
3,000
4,175
200
22,639
200
26,000
27,500
1,654
o
Equipmcnt:
RentaVRepair
Exhibition/Marketing:
Advertising Costs
Feed
Livestock Expense:
Donation Expense
(lncrease)/Decrease in Herd Va1uation
Purchase of Livestock
Shearing
Miscellaneous:
Other
Supplies
Bedding
Veterinary
Other
o
o
100
(14,755)
17,179
20,000
200
300
300
o
206
3,071
200
1,500
500
547
2,264
79
59,893
83,061
32,658
NET SURPLUS/(DEFlClT)
$
29
50
6,715
2,690
785
o
o
Total Expenses
o
11,813
$
(!6,893) $
(9,72!)
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
SHEEP
FOR THE YEAR ENDED JUNE 30, 2014
CLASSIFICATION
STUDRAMS
EWES
LAMBS
TOTAL
2011
2012
3
68
52
123
30
2013
2014
4
4
73
49
83
66
5
81
52
126
153
138
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
SWINE
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2012-13
ACTUAL
2013-14
BUDGET
2013-14
ACTUAL
INCOME:
Sal e of Livestock
Sal e of Semen
Feed
$
Premiums
Other
Agricultural Operations Support
Donation Income
Totallncome
I45,732
I,294
90
2,138
550
1,I53
200
$
I5I,I57
I46,500
I,500
$
118,37I
930
o
o
2,200
2,014
o
o
200
I50,400
o
(39I)
5I,955
I72,879
EXPENSES:
Payroll:
Benefitted
Student
Employee Benefits
Total Payroll
o
o
7,207
7,207
9,000
I,350
I0,350
5,609
6,97I
o
Administrative Fees
Bad Dcbt Expcnsc
Equipment:
Depreciation
Rental/Repair
Feed
Livestock Expense:
(Increase)/Decrease in Herd Valuation
Donation of Livestock
Purchase ofLivestock
Purchase of Semen
34,802
6,081
17,053
57,936
o
o
4,668
450
3,667
2,306
I34,188
I ,833
5,500
138,500
I,833
2,232
I23,550
5,325
200
o
o
o
7,509
5,000
7,500
(2,475)
100
o
2,373
Miscellaneous:
o
Advertising
Dues
Entry Fees
Miscellaneous
Registrations
Veterinary Services
National Pork Board
Supplies:
Attificial lnsemination
Bedding:
612
208
o
659
505
282
941
Straw
Shavings
Total Expenses
NET SURPLUS/(DEFICIT)
$
31
o
I,OOO
2,500
o
350
I, I 08
75
742
I
209
400
o
o
o
1,162
6,797
914
750
4,000
I,500
379
306
533
4,492
1,330
179,543
189,954
200,591
(28,386) $
(39,554) $
(27,712)
I,452
Miscellaneous
Phannaceuticals
Trave!
750
450
600
500
1,500
750
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
SWINE
FOR THE YEAR ENDED JUNE 30, 2014
CLASSIFICATION
2011
IO
92
2012
2013
2014
11
7
92
257
7
90
293
356
390
HERDBOARS
BREEDING SOWS
MARKET SWINE
216
100
313
TOTAL
318
424
32
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
VEGET ABLE CROPS
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2012-13
ACTUAL
2013-14
BUDGET
2013-14
ACTUAL
INCOME:
Sal e of Products
Agricultural Operations Support
Donation Income (Non Cash)
Miscellaneous Income
$
349,587
7,381
$
o
Total Income
350,000
$
o
o
390,840
(3,812)
13,528
880
356,968
350,000
401,436
199,128
140,000
20,000
219,249
19,407
416
27,307
7,656
274,036
15,073
EXPENSES:
Payroll:
Contract Labor
Benefitted
Non Benefitted
Student
Employee Benefits
Total Payroll
Administrative Fees
Equipment:
Depreciation
Rental!Repair
Product for Resale
Supplies:
Bins
Fertilizers
Fungicides
Herbicides
o
o
16,516
o
215,644
13,090
7,727
48,687
(16,467)
Insecticides
Irrigation
Seed
Other
Utilities
Total Expenses
NET SURPLUS/(DEFIC!T)
$
33
o
15,000
8,150
183,150
16,223
1,068
40,000
1,068
64,392
16,467
444
21,227
232
14,683
4,482
14,647
30,503
10,929
15,793
o
o
20,000
500
11,000
4,000
15,000
25,000
5,000
17,000
17,785
417
9,420
10,676
17,667
32,955
22,649
17,166
381,621
337,941
499,772
(24,653) $
12,059
$
(98,335)
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
VINEY ARD - T ABLE GRAP ES
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2013-14
BUDGET
2012-13
ACTUAL
lNCOME:
Sale ofProducts
Agricultural Operations Support
Donation lncome (Non Cash)
$
418,918
2,092
$
Total Income
EXPENSES:
Payroll:
Contract Labor
Benefitted
Non-Benefitted
Student
Employee Benefits
Total Payroll
Adrninistrative Fees
Equipment:
Rental/Repair
1-Iarvesting/Packing/Marketing
Miscellaneous:
Crop Insurance
Laundry
Other
Supplies:
Ferti lizers
Fungicides
Growth Regulator
Herbicides
Insecticides
Irrigation
Packaging Materials
Soi! Amendments
Trellis Repair
Other
Utilities
T ota1 Expenses
SURPLUS/(DEFICIT)
NONCASH EXPENSES:
Development Depreciation
Equipment Depreciation
Total Non Cash Expenses
NET SURPLUS/(DEFIC!T)
$
34
398,885
$
773
3,000
394,157
(1,558)
8,368
890
421,783
401,885
401,857
130,491
9,375
906
2,472
3,343
146,587
15,715
132,000
27,000
213,769
27,697
o
o
12,000
10,398
181,398
18,627
17,770
14,356
273,593
15,202
20,820
42,810
20,000
65,000
24,188
1,558
8,128
1,274
936
7,500
1,500
1,000
8,908
1,510
182
2,144
8,369
4,056
7,645
4,051
956
5,305
5,401
2,000
12,000
5,000
8,000
4,000
1,000
5,000
8,000
o
o
o
Miscellaneous Tncome
2013-14
ACTUAL
o
o
2,430
9,674
3,000
9,000
1,454
10,486
5,741
9,873
5,064
4,488
4,481
9,284
294
8,376
11,560
286,301
352,025
396,242
135,482
49,860
5,615
9,678
457
10,135
2,943
419
3,362
2,943
419
3,362
125,347
$
46,498
$
2,253
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
VINEYARD- WINE GRAPES
FOR THE YEARS ENDED JUNE 30, 2014 AND 2013
2012-13
ACTUAL
2013-14
BUDGET
2013-14
ACTUAL
INCOME:
Sale ofProducts
Miscellaneous Income
Agricultural Operations Support
Donation Income (Non Cash)
$
242,241
3,733
2,161
$
$
o
o
o
o
Total Income
169,050
173,595
5,273
(639)
209,868
248,135
169,050
388,097
43,143
9,375
906
2,476
3,343
59,243
9,210
40,000
18,000
85,120
27,697
EXPENSES:
Payroll:
Contract Labor
Benefitted
Non-Benefitted
Student
Emp1oyee Benefits
Total Payroll
Administrative Fees
Equipment:
Rental/Repair
Harvest/Hau1ing
Insurance
Laundry
Miscellaneous
Supp1ies:
Fetiilizers
Fungicides
Herbicides
Insecticides
Irrigation
Other
Utilities
Total Expenses
SURPLUS/(DEFICIT)
NONCASl-I EXPENSES:
Development Depreciation
Equipment Depreciation
Total Non Cash Expenses
$
NET SURPLUS/(DEFJCIT)
35
o
o
12,000
7,252
77,252
7,835
2,600
14,799
130,216
6,883
17,559
14,190
1,581
1,274
248
16,000
7,500
1,500
1,500
1,200
14,385
7,703
2,310
1,396
449
8,216
10,461
9,306
4,504
565
1,070
4,723
7,500
11,000
10,000
200
700
3,000
4,000
13,066
11,512
13,096
3,942
1,649
3,685
5,385
142,150
149,187
215,679
105,985
19,863
172,418
2,095
505
2,600
1,888
419
2,307
1,888
419
2,308
103,385
$
17,556
$
170,110
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
WINERY
FOR THE YEARS ENDED JUNE 30,2014 AND 2013
2013-14
BUDGET
2012-13
ACTUAL
2013-14
ACTUAL
INCOME:
Sale of Products:
Resale
Taxable
Other lncome
Public Relations
Shipping Charges
Agricultural Operations Support
$
Donation Income
310,934
48,890
7,794
1,600
1,808
4,565
23,571
399,162
Total Income
$
410,000
50,000
7,000
2,000
1,500
$
29,000
297,251
60,702
6,182
3,274
5,727
(426)
24,575
499,500
397,286
o
EXPENSES:
Payroll:
Marketing/Sales
Winemaker
Non-Benefitted
Student
Employee Benefits
Total Payroll
Administrative Fees
Advertising/Public Relations
Advertising
Public Relations
Public Relations Sales Tax
Credit Card Fe es
Dues/License Fees/Taxes
Equipment:
Maintenance/Repair
(Jncrease)/Decrease in Wine lnventory
Insurance
Miscellaneous
Office Supplies/MaiVPrinting Services
Postage/Freight
Shrinkage
o
o
67,854
13,128
29,291
18,522
128,795
13,833
4,256
1,627
13,184
19
553
11,020
67,900
26,000
28,000
17,970
139,870
23,059
15,000
1,500
13,000
28,624
(64,141)
36,000
o
500
3,500
1,500
10,000
2,498
4,012
1,112
4,658
6,692
36
o
o
o
o
27,984
67,854
33,176
18,772
24,219
172,005
14,232
6,383
8,524
3,079
33
1,244
8,918
23,772
(37,929)
1,545
6,962
4,839
9,182
1,014
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO
STATEMENT OF OPERATIONS
WINERY
FOR THE YEARS ENDED JUNE 30,2014 AND 2013
2012-13
ACTUAL
EXPENSES (continuecl):
Supplies:
Bottles
Capsules
Chernica!s/Cieaners/Gases
Concentrate/Wine
Corks
Filtering Materials
Gra pes
Labels
Laboratory Supplies
Testing
Packaging Materials
Yeast/Enzyrnes
Telephone
Trave!
Uniforms
UBlT Income Taxes
2013-14
BUDGET
70,202
4,922
11,920
600
10,011
3,358
47,905
16,476
1,640
84
17,815
2,014
2013-14
ACTUAL
60,000
5,000
5,000
1,000
12,000
500
46,000
25,000
70,064
3,098
6,220
560
16,242
324
47,083
19,063
1,057
220
9,054
3,792
o
200
I 0,000
500
500
o
o
o
o
o
o
236
33
3,131
1,000
o
344,323
413,127
400,848
SURPLUS/(DEFICIT)
54,839
86,373
(3,562)
NONCASH EXPENSES:
Equiprnent Depreciation
Total Non Cash Expenses
14,428
14,428
10,829
10,829
10,829
10,829
Total Expenses
NET SURPLUS/(DEFICIT)
$
37
40,412
$
75,545
$
(14,391)