OEF Revenue comes from different sources.  The following is a breakdown of where our funding comes from:

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OEF Statement of Revenues and Expenditures for
 2003-2004

Note that the expenditures are higher than the revenues because of cash flow differences at the end of the fiscal year.

Revenues 2002-03 2002-03  2003-04 2003-04
Football parking

$1440

4%

 $1600

5%

General donations

$2173

6%

 $4260

12%
Concessions

$ 143

.4%

$ 496

1%
Shirt/cap sales  $ 174  .5%  $ 488  1%
Scholarship donations/endowments $6600 19% $9000 25%
Telethon $7676 22% did not hold --
Idaho Community Foundation grants $5330 15% $8000  23%
United Way grant  $6000 17% $5500 16%
Payroll deductions $5820 16% $5748 16%
Interest on checking account  $ 44  .1% $ 285 1%
Totals  $35,400 100% $35,377 100%
         
Expenses        
Administrative $1009  3% $425 1%
Shirts/caps  $ 141 .4% $134 .3%
Concessions not tracked $275 .6%
Heritage Club dinner $ 216 .6%  $318 1%
Telethon expenses  $ 302 1% did not hold --
Curriculum/classroom grants $21044 52% $20,322  46%
Grant-funded projects $5330 13%   $8000 18%
Student extracurricular activity grants $1500 4%   $1700  4%
Scholarships (designated) $6600 16% $9000 21%
Scholarships (nondesignated) $4000 10% $3600  8%
Sales tax $ 23  --  $59  .1%
Totals $40,165 100% $43,833 100%

OEF Balance Sheet as of June 30, 2004

The OEF uses a fiscal year from July 1 to July 31 that corresponds with the school year.

Assets

                Current Assets/Checking Accounts
                                Checking Account                                               $19,569.40
                                Internet Banking Account                                         103.64
                Total Current Assets/Checking Accounts                      $19,673.04

                 Mutual Funds
                                Crowther Account                                              $  1,871.01
                                Davis Account                                                     $  2,652,73
                                Price Account                                                      $11,408.10
                                Rutter Account                                                    $17,405.42
                                Thomas Account                                                 $     875.10
                                Waldron Account                                                $14,143.03
                                Williams Account                                                $     898.30
                Total Mutual Funds                                                            $49,253.69         $36,911.50 in 2002-03
            
                Total Assets                                                                         $68,926.73          $57,202.19 in 2002-03

 Liabilities and Equity


                Equity-Opening Balance                                                     $68,273.68
                Contingency Fund                                                                $   5000.00
                Retained Earnings                                                                $    113.72
                Net Income                                                                            ($4460.67)
                Total Liabilities and Equity                                               $68,926.73       $57,202.19 in 2002-03