OCBSA Executive Summary For the three months ended March 31, 2017

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1 OCBSA Executive Summary For the three months ended March 31, 2017 OPERATIONS (FUND I) CAPITAL (FUND II) ENDOWMENT (FUND III) TOTAL Actual Last Yr. Actual Last Yr. Actual Last Yr. Actual Last Yr. FOS $ 837,057 $ 612,494 $ 606,431 A $ - $ - $ - $ - $ - $ - $ 837,057 $ 612,494 $ 606,431 Legacies & Bequests 250, , , , , ,000 Other Direct Support 30,503 19,349 16, , ,912 69, , ,261 86,067 Supplies 47,000 34,993 37, ,000 34,993 37,304 Investment 75,664 71,884 81, , , ,876 65,517 82, , ,528 Other 155, ,911 95, , ,911 95,487 Sea Base 136, , ,092 B , , ,092 Lost Valley 17,000 11,005 10, ,000 11,005 10,540 OSO 19,600 31,930 17, ,600 31,930 17,614 OEC 708, , , , , ,568 Total Revenue 2,276,824 2,033,402 1,958, , ,505 69,269 6, ,876 65,517 2,533,327 2,519,783 2,093,631 Compensation 1,294,537 1,241,786 1,173, ,294,537 1,241,786 1,173,358 Interest Expense ,249 40,096 37, Depreciation , , , Transfers to fund ,593 Other Exp 862, , ,998 75,675 52, ,115 21,038 15, , , ,066 Total Expenses 2,157,198 2,089,834 1,973, , , ,739 24, ,631 15,910 2,256,988 2,163,339 1,989,424 Inc/(Dec) in Unrestricted Net Assets $ 119,626 $ (56,432) $ (14,511) $ (159,921) $ (125,191) $ (266,470) $ (17,615) $ 53,245 $ 49,607 $ 276,339 $ 356,444 $ 104,207 Actual Last Yr. Actual Last Yr. Actual Last Yr. Actual Last Yr. Cash & cash equivalents $ 1,214,293 $ 537,334 $ (345,415) $ (90,042) $ 179,988 $ 160,417 $ 1,048,866 $ 607,709 Investment Balances $ 11,349,379 $ 11,501,141 $ 11,349,379 $ 11,501,141 Sea Base Lost Valley OSO OEC TOTAL Inc/(Dec) in Unrestricted Net Assets $ (7,755) $ (38,677) $ (9,277) $ 148,409 $ 92,700 Issues to Discuss Current Year: A. FOS B. Includes Cal Boating Grant receivable of $32,860 which is also an expense in maintenance line I Inc/(Dec) II Inc/(Dec) III Inc/(Dec) Cashflow Effect Inc/(Dec) $ (224,563) $ - $ - $ (224,563) $ - $ - $ - $ Total $ (224,563) $ - $ - $ (224,563) Issues to Discuss Future Years: I Inc/(Dec) II Inc/(Dec) III Inc/(Dec) Cashflow Effect Inc/(Dec) 2018 Total $ - $ - $ - $ -

2 Orange County Council - # 039 Boy Scouts of America Statement of Financial Position Period Ending: March 31, 2017 Operating Fund Capital Fund Endowment Fund Total of All Funds Current Assets Cash 1,214, , ,884-90, , ,417 1,100, ,709 Accounts and Notes Receivable 226, ,344 74, , , ,292 Contributions Receivable 195, , , ,417 5,000 5, , ,005 Inventory 67,968 59,861 67,968 59,861 Interfund Loans 186, ,322 17, , ,214 62,760 Deferred Activity Expense 502,282 26, ,282 26,164 Deferred Camp Expense 24,037 24,867 24,037 24,867 Deferred Special Event Expense 2,908 5,894 2,908 5,894 Prepaid Expenses 17,350 15,306 17,350 15,306 Total Current Assets 2,437,734 1,561, ,437-49,707 55, ,925 2,804,642 1,842,097 Non Current Assets Contributions Receivable 142, ,421 4,930,073 5,222,377 4,744 5,072,690 5,406,543 Unallocated Asset Acquisition 1,320 10,373 1,320 10,373 Land, Buildings and Equipment 40,470,557 41,601,359 40,470,557 41,601,359 Long Term Investments ,349,379 11,501,141 11,349,379 11,501,241 Other Non Current Assets 25,039 30,877 6,622 15,454 38,338 42,330 69,999 88,661 Total Non-Current Assets 167, ,299 45,408,571 46,849,663 11,387,717 11,548,215 56,963,944 58,608,177 TOTAL ASSETS 2,605,389 1,772,178 45,720,008 46,799,956 11,443,189 11,878,140 59,768,586 60,450,274 Current Liabilities Accounts Payable 128, , , ,644 Accrued Expenses 207, , , ,245 Taxes and Benefits Withheld Custodial Accounts 472, ,368 32,191 32,191 33,104 33, , ,663 Notes & Mortgage Payable 562, , , ,125 Deferred Activity Revenue 778, , , ,355 Deferred Camp Revenue 308, , , ,616 Deferred Special Event Revenue 84,395 79,850 84,395 79,850 Other Deferred Revenue -8, , Other Current Liabilities Total Current Liabilities 1,971,724 1,363, , ,316 33,104 33,198 2,599,738 1,867,609 Non Current Liabilities Long Term Indebtedness 8,027,254 8,622,583 8,027,254 8,622,583 Other Non Current Liabilities Total Non-Current Liabilities 8,027,254 8,622,583 8,027,254 8,622,583 TOTAL LIABILITIES 1,971,724 1,363,096 8,622,165 9,093,898 33,104 33,198 10,626,992 10,490,192 Net Assets Unrestricted Net Assets 316,156 48,936 32,847,493 33,404,102 10,313,527 10,770,582 43,477,176 44,223,620 Temporarily Restricted Net Assets 317, ,147 50, ,956 68,829 72, , ,925 Permanently Restricted Net Assets 4,200,000 4,200,000 1,027,729 1,001,536 5,227,729 5,201,536 Total Net Assets 633, ,082 37,097,844 37,706,058 11,410,085 11,844,942 49,141,594 49,960,082 TOTAL LIABILITIES AND NET ASSETS 2,605,389 1,772,178 45,720,008 46,799,956 11,443,189 11,878,140 59,768,586 60,450,274 4/27/2017-9:17 AM Page1

3 Newport Sea Base Schoepe Scout Reservation Oso Lake The Irvine Ranch Outdoor Education Center All Properties Support and Direct Support Net Friends of Scouting Project Sales Special Events - Gross , ,000 Less Cost of Direct Benefit (8,000) (8,000) Net Special Events , ,000 Foundations and Trusts - - 1,550 5, ,550 5,000 Other Direct Support 3,376 1,000 8,117 68,500-1, ,000 5,000 1,200-20,000 8,376 3,700 8, ,500 Total Direct Support 3,376 1,000 9, ,000-1, ,000 5,000 1,200-20,000 8,376 3,700 9, ,000 Indirect Support Other Indirect Fees From Government Agencies - 32, , Total Indirect Support - 32, , Revenue Camp Revenues 101, ,682 82, ,100 17,000 9,050 10, ,350 17,000 29,845 16,949 90, , , ,748 2,779, , , ,417 4,020,428 Camp Trading Post Sales , ,000 2, ,000 1, ,000 3, ,000 Camp TP COGS (25,000) (600) (98) - (3,600) (1,500) - - (7,000) (2,100) (98) - (35,600) Camping Revenue 101, ,682 82, ,100 17,000 9,050 10, ,350 18,400 29,995 16,949 94, , , ,001 2,788, , , ,809 4,059,828 Activity Revenue (135) - 33,000 30,758 25, ,000 33,000 31,493 25, ,000 Other Revenue 30,700 34,900 30, , ,200 1, ,800 3,600 11,314 64,824 20,000 35,500 47,869 96, ,600 Total Revenue 132, , , ,900 17,000 9,505 10, ,350 19,600 31,930 17,614 99, , , ,568 3,036, , , ,206 4,414,428 Net Assets Released From Restriction 375 1, , , , ,500 Total Support and Revenue 136, , , ,400 17,000 11,005 10, ,350 19,600 31,930 17, , , , ,568 3,056, , , ,814 4,586,928 Expenses Employee Compensation Salaries 66,728 64,958 56, ,474 18,157 18,041 9, ,528 10,431 9,259 6,157 41, , , ,871 1,164, , , ,758 1,791,901 Employee Benefits 10,194 8,989 9,451 40,766 4,551 4,506 2,655 18,189 2,258 3, ,018 16,167 16,511 7,504 64,658 33,170 33,952 19, ,631 Payroll Taxes 12,546 10,674 9,112 50,197 1,914 2,490 1,133 31,451 1,095 1,264-4,380 38,127 34,307 32, ,505 53,682 48,735 43, ,533 Employee Related Expenses Total Employee Compensation 89,468 84,621 74, ,437 24,622 25,037 13, ,168 13,784 14,469 6,496 55, , , ,925 1,381, , , ,502 2,163,065 Other Expenses Professional Fees 201 3, , , , ,690 9,000 4,101 4,210 3,250 19,200 Supplies 7,186 9,018 5,884 47,700 3,050 1,911 2, ,900 4,625 1,708 2,434 17, ,350 87, , , ,211 99, , ,280 Telephone 2,499 3,317 2,947 10,000 1,020 1,075 1,597 4, ,250 3,517 5,865 21,000 8,994 8,143 10,512 35,980 Postage and Shipping , ,300 Occupancy 15,923 12,153 13,579 88,690 23,550 21,186 21, ,650 19,700 22,979 15,727 69,900 87,267 82,555 81, , , , , ,240 Rental & Maintenance of Equip. 16,201 57,635 16,321 55,100 1,500 1,884 1,811 11, ,806 19,274 20,382 62,220 37,507 79,326 38, ,820 Printing and Publication 1, , , ,600 5,100 5, ,500 7,884 6, ,500 Travel 10,141 5,506 8,943 34,150 11,867 9,285 7,483 38, ,000 11,530 9,513 12,471 33,720 34,288 25,072 29, ,595 Conferences & Meetings 1, ,842 5, , ,000 1,388 1,465 6,000 4,425 2,231 5,307 21,050 Recognition Awards 525 (187) 11 2, , ,053 1, ,114 8,600 Insurance - - 1, , ,401 - Other Expense 3,999 3,247 3,840 17, , ,901 2,091 4,404 30,750 10,689 5,338 8,577 52,800 Total Other Expenses 59,809 94,704 57, ,790 41,926 36,030 35, ,205 26,900 27,136 20,395 95, , , , , , , ,611 1,696,365 Total Expenses 149, , , ,227 66,548 61,067 49, ,373 40,684 41,605 26, , , , ,159 2,367, , , ,113 3,859,430 Inc (Dec) in Unrestricted Net Assets (12,977) 5,865 (7,755) 40,173 (49,548) (50,062) (38,677) 28,977 (21,084) (9,675) (9,277) (31,498) 172, , , ,846 88, ,972 92, ,498

4 Orange County Council Endowment Rollforward March 31, Beginning Balance $ 11,812,619 $ 12,069,206 $ 11,495,123 $ 11,270,285 Contributions 165,184 15,360 35,228 - Market Changes: Realized/Unrealized (4,796) (393,600) 214, ,632 Earnings: interest/dividends 563, , ,994 73,703 Fees (52,560) (58,361) (57,109) (14,788) Fund 1 Distributions (410,467) (645,702) (308,179) - Fund 2 Distributions - - (558,081) (206,123) Custodial Distributions (3,862) (5,631) (4,414) (2,330) Ending Balance $ 12,069,206 $ 11,495,123 $ 11,270,285 $ 11,349,379 Interest payable to fund 1 $ - $ (83,073) $ (133,146) $ (204,214)

5 Orange County Council, Inc. PROPOSED CAPITAL EXPENSE LIST Updated 4/25/17 Capital Item / Project Name Property Priority Level Estimated Cost Possible Years of Use Number Needed Funding Source / Prospect Access Control/Burglar Alarm Council Service Center A $4, $4, Ordering software upgrade Roofing (Title 24) Council Service Center A $115, $115, Need new bids Arizona Creek Crossing Repair IROEC A $7, OL Halsell $7, Need to re-do post Jan '17 rains Backflow IROEC A $5, $5, Need 1 more bid Sign Replacements IROEC A $5, $5, Waiting on final product Sink Hole Project IROEC A Unknown Need to get quotes / in-process Backhoe Lost Valley A $50, $50, Debating options (buy, rent or lease) Tom Tabb Trading Post Roof Replacement Lost Valley A Need bid Grace Cabin Roof Replacements Lost Valley A $ $10, Grace Showerhouse & Pool Updates Lost Valley A $80, $80, Awaiting funding proposal approval from foundation Canvas Tent Replacements Lost Valley A $ $19, Ordered. Tents to arrive 3/16/17. Building C Roof Repairs Newport Sea Base A $25, Aquiring bids, need 1 more. Apprentice Ship Repairs Newport Sea Base A $8, $8, Repairs complete. Awaiting invoice. Gangway Repairs Newport Sea Base A $14, $14, Work to start 4/17/17 subtotal: $318, Slurry Seal and Stripe Parking Lot Council Service Center B $8, Champion/Smith $8, Weingart carpeting/elevator carpeting Council Service Center B 5 Need quotes HVAC controls Council Service Center B Need quotes Air Conditioning Unit (Kitchen) / Fans IROEC B $14, Donation $14, Donation by C&L Refrigeration. Work to commence 4/26/17. Fence at Exec Director House IROEC A $7, $0.00 Project Completed, $7.3k Auto-Belay Units IROEC B $2, units OL Halswell $0.00 Use OL Halswell funding, $8k Gators IROEC B $7, carts OL Halswell $0.00 Complete; $18k Golf Cart (Touring) IROEC B $12, $12, Current value of old cart is approx $2150. Will sell it off. Carpet - Trading Post IROEC B $7, $7, New bids needed Round Tables / Harrison Lodge IROEC B $ $10, Need updated bid (last bid from Fall 2016) Re-Key IROEC IROEC B $3, $3, Have vendor selected, awaiting approval to spend. Anchor Poles (COPE) IROEC B $1, $3, Asphalt Slurry Seal IROEC B $15, Champion/Smith $15, Harrison Lodge Floor Resurface IROEC B $20, $20, Deciding final product. Bungalow Furniture IROEC B $6, $6, Need Bids Truck (4x4) Lost Valley B $30, $30, Irvine Pool & Showerhouse Updates Lost Valley B $5, $5, Irvine Cabin Roof Replacements Lost Valley B $ $10, Beckman Hall Ice Machine Lost Valley B Need quote Truck Oso Lake B $18, $18, Slip Dredging Newport Sea Base B $100, TBD $100, Initial quote, may be much higher Washroom for Maintenance Shop Newport Sea Base B $25, $25, Have 1 bid Interior Paint (Building B) Newport Sea Base B $12, Paint donation $12, Cosmetic Updates - Yacht Room (Building B) Newport Sea Base B $18, David Janes Fund $18, Aquiring bids Flooring - Foxtrot Room (Building B) Newport Sea Base B $7, t-90 $7, Slurry Seal and Stripe Parking Lot Newport Sea Base B $5, $5, Tables and chairs Newport Sea Base B $10, $10, Truck Newport Sea Base B $30, $30, HVAC Building C Newport Sea Base B $5, Donation $0.00 Donation by C&L Refrigeration $5k subtotal: $370, Commercial Fans - Beckman Hall Lost Valley C $8, $8, Fishing Shed Oso Lake C $5, Oso Founders $5, Cowboy Action Shooting Range Lost Valley C $10, OA Wiatava $10, Work to be done May-June 2017 Painting Council Service Center C $25, $25, subtotal: $48, Priority Level Description A - Critical and immediate need. Failure to move forward with improvement could be costly in terms of further damage, regulatory fines, and/or breach of contract. A* - Project to be paid from custodial funds of OSO Founders. B - Considered important to the council's operations by keeping property clean and servicable to further revenue generation. C - Ensure property is well maintained and up-to-date. Total Cost Grand Total: $737, Status