The Agricultural Foundation of California State University, Fresno 216-17 Annual Report Supplemental Information (Unaudited) Approved by the Board of Directors September 15, 217
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO Table of Contents 216-17 Statement of Income and Expense Schedule of Investments 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 Joaquin Experimental Range Beef- San Joaquin Experimental Range - Livestock Inventory Summary Statement of Operations - Dairy Daily Livestock Inventory Summary Statement of Operations - Dairy Industry Statement of Operations - Fann Market Statement of Operations - Farm Operations Statement of Operations - Field Crops Statement of Operations - Food Processing Statement of Operations - Quarter Horse Quarter Horse Livestock Inventmy Summary Statement of Operations - Meats Laboratory Statement of Operations - Orchard Statement of Operations - Ornamental Horticulture - Nursery Statement of Operations - Poultry 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 Page Number 1 2 3 4 5 6 7 8 9 1 11 12 13 14 15 16 17 18 19 2 21 22 23 24 25 26 27 28 29 3-31
THE CALIFORNIA STATE UNIVERSITY AUXILIARY ORGANIZATION STATEMENT OF INCOME AND EXPENSE FOR THE YEAR ENDED JUNE 3, 217 SALES/ INVENTORY PRODUCTION INVENTORY NET COST OF SURPLUS/ ENTERPRISES INCOME 6/3/216 EXPENSES 6/3/217 PRODUCTION (DEFICIT) Administration $ 218,153 $ - $ 218,153 $ - $ 218,153 $ Beef- Feedlot 161,7 1 28,37 158,4 19,618 166,459 (4,749) Beef- Purebred Herd 44, 11 5 36,84 59,8 14 43,32 53,334 (9,219) Beef- Red Wave Classic 7,43 3,63 71,298 4,447 69,914 516 Beef- SJER 66,349 17,24 7,981 13,88 74,341 (7,992) Dairy 773,47 274,647 1,6,965 313,35 968,37 (194,837) Dairy Industry 35 1,84 65,67 354,49 76,67 343,553 8,287 Farm Market 674,359 44,623 662,955 4,197 667,381 6,978 Farm Operations 11,223 63,282 63,282 46,941 Field Crops 16,649 27,217 27,217 (46,568) Food Processing 86,746 19,86 173,683 27,33 166,213 (79,467) Horse- Quarter Horse 137,945 12,52 1 127,85 1,51 1 129,815 8,13 Meats Laboratory 293,464 52,518 326,287 58,63 32,742 (27,278) Orchard 743,344 12,494 69,647 13,563 689,578 53,766 Ornamental Horticulture- Floral Ornamental Horticulture- N ursery 74,219 84,782 84,782 ( 1,563) Poultry 76,298 76,298 76,298 Sheep 9 1,36 22,826 74,146 13,836 83,136 7,9 Swine 32,72 75,636 372,771 63,475 384,932 (82,212) Vegetable Crops 311,538 383,217 383,217 (71,679) Vineyard- Table Grapes 687,594 649,927 649,927 37,667 Vineyard-Wine Grapes 228,176 177,295 177,295 5,881 Winery 449,5 163,484 365,956 11,522 418,917 3,582 TOTALS $ 6, 11 3,878 $ 829,459 $ 6,376,8 $ 88,677 $ 6,396,792 $ (282,917)
SCHEDULE OF INVESTMENTS AS OF JUNE 3,217 MARKET VALUE DATE OF MATURITY INVESTMENTS COST 6/3/217 PURCHASE DATE Money Markets: Citibank $2 1,922 $2 1,922 Local Agency Investment Fund 7 1,369 7 1,369 STATED RATE OF RETURN.46%.92% Total Money Markets 921,291 921,29 1 Long-Term Receivables: California Dairies, Inc. Base Capital Fund 53,471 53,47 1 N Endowment Fund: Fresno State Foundation 737,595 899,766 9.92% Total Investments $ 1,7 12,358 $1,874,528
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UN IVERSITY, FRESNO ADMINISTRATION FOR THE YEARS ENDED JUNE 3,217 AND 216 215-16 216-1 7 216-17 ACTUAL BUDGET ACTUAL Administrative Fees $ 195,6 1 $ 212,256 $ 23,618 Insurance Refund 5,226 5,226 4,89 1 Interest Income 6,253 3, 9,554 Miscellaneous Income 11 5 9 Total Income 27,24 22,482 2 18,153 Audit: Certified Public Accountants 2,458 2,6 2,75 Bank Charges 6 1,4 173 Dues 1,75 1,75 1,75 Insurance 26,712 25,532 26,88 Licenses/Taxes/Fee 473 2 18 Management and Financial Services Fee 15,2 164, 164, Miscellaneous 1,38 2, 1,439 Office Supplies/Postage/Telephone 6, 17 1 5, 3,773 Total Expenses 27,24 22,482 218,153 NET SURPLUS/(DEFICIT) $ - $ - $ 3
BEEF- FEEDLOT FOR THE YEARS ENDED JUNE 3,217 AND 216 215-16 216-17 216-17 ACTUAL BUDGET ACTUAL Feed $ 73,243 $ 62, $ 72,772 Sale of Livestock 46,8 3, 27,2 12 Yardage 6,2 Agricultural Operations Support 4,341 3,255 Donation Income (Non Cash) 54,833 58,471 Total Income 179,2 17 98,2 161,71 Payroll: Monthly 36,29 38,585 Student 11,82 1 12,6 5,924 CSUF Benefits 18,84 252 19,886 Total Payroll 66,654 12,852 64,395 Administrative Fees 4,922 4,23 4,57 Bad Debt Expense 13 Equipment: Depreciation 575 19 1 191 Rental/Repair 24, 189 16, 2,28 Feed 39,655 43,2 52,53 (Increase)Decrease in Herd Valuation (558) 3,169 Miscellaneous 2, 11 1, 3,67 Purchase of Livestock 38,4 18, 18,16 Supplies 12 Total Expenses 175,848 95,473 166,459 NET SURPLUS/(DEFICIT) $ 3,369 $ 2,727 $ (4,7492 4
BEEF- PUREBRED HERD FOR THE YEARS ENDED JUNE 3,217 AND 216 fncome: 215-16 ACTUAL 216-17 BUDGET 216-17 ACTUAL Sale of Livestock Other: Veterinary Supplies Other Agricultural Operations Support $ 47,442 $ 1,7 2,655 2,29 66,8 $ 1,5 1,5 34,579 2,85 1,741 4,945 Total Income 53,376 69,8 44, 115 Payroll: Student Employee Benefits Administrative Fees Equipment: Depreciation Rental/Repair Exhibition/Marketing Expenses: Advertising Travel Feed Livestock Expense: Artificia1lnsemination!Embryo Transfer (lncrease)/decrease in Herd Value Registration/Perfonnance Programs Other Miscellaneous Supplies: Fence Veterinary Other Transportation Utilities 11,182 2,98 575 7,562 3,235 21, 146 2,133 (2,76) 922 777 1,247 4,516 1,25 2,554 778 12, 24 3, 191 7,5 3, 5 22,5 3,5 8 1, 1,5 5,5 3,5 3, 5 13,529 1,79 191 5,295 2,998 17,41 4,539 (6,48) 1,585 95 1,178 24 6,126 2,351 1,289 757 Total Expenses 56,99 68,23 1 53,334 NET SURPLUS/(DEFICIT) $ (3,614) $ 1,569 $ (9,2 19) 5
BEEF - PUREBRED HERD FOR THE YEAR ENDED JUNE 3, 217 CLASSIFICATION 214 215 216 cows 46 39 51 HEIFERS 5 1.5 58.5 62.5 BULLS 6 1 5 TOTAL 13.5 17.5 118.5 217 5 69 15 134 6
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERISTY, FRESNO BEEF- RED WAVE CLASSIC FOR THE YEARS ENDED JUNE 3, 217 AND 216 215-16 216-17 216-17 ACTUAL BUDGET ACTUAL Bedding Sales $ 1,3 84 $ 1,5 $ 64 Entry Fees 38,235 38,2 41,355 Major Sponsor 7, 7, 1, Merchandise Sales 7,875 8, 8,85 Other Sponsors 7,85 8, 9,525 Agricultural Operations Support 56 15 EX PENSES: Total Income 61,635 62,7 7,43 Administrative Fees 2,525 2,7 3,214 Advertising/Promotion 1,274 1,3 1,284 Awards 11,477 9, 19,2 Bedding for Resale/Rings 79 1, 64 Catering 2,37 3, 2,21 CJLA Sanctioning Fees 35 35 55 Credit Card Fees 2,428 2,7 2,641 Equipment Rental 1,633 1,8 2,773 Judges Travel Expense 3,216 2,5 2,599 Judging Fees 2,35 2,4 2,95 Mail Charges 5 Merchandise for Resale 9,89 11, 6,958 Miscellaneous 1,69 2, 1,985 Premiums 18,18 18,2 19,452 Security 1,954 2, 2,31 Waste Disposal 1,4 1,4 1,4 Total Expenses 6,88 61,85 69,9 14 NET SURPLUS/(DEFICIT) $ 755 $ 85 $ 516 7
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERS ITY, FRESNO BEEF- SAN JOAQUIN EXPERIMENTAL RANGE FOR THE YEARS EN DED JUNE 3,217 AND 216 215-16 ACTUAL 216-17 BUDGET 216-17 ACTUAL Sale of Livestock: SJER Sales Pasture Cattle Income Miscellaneous: Pasture Rent Agricultural Operations Support $ 37,557 $ 2,285 6,88 498 24,8 $ 3, 6,88 35,624 22,418 6,88 1,427 Total Income 65,22 6 1,68 66,349 Payroll: Monthly Non-Benefitted Student Employee Benefits Total Payroll Administrative Fees Equipment: Depreciation Rental/Repair Feed Livestock Expense: Artificial Insemination Increase in Herd valuation Horseshoeing/Hoof Trim Purchase of Breeding Stock Miscellaneous: Other Supplies: Fence/Corral Repair Propane Veterinary Other Utilities 15,53 6,16 1,585 1,378 33, 176 2,654 1,458 2,376 9,1 216 7,396 14 1,663 691 275 2,3 14 8,932 4, 2, 16,171 58,171 2,657 866 5, 15,8 3 1, 1,5 8 2, 1, 2, 1, 21,32 8,77 12,59 41,96 2,967 866 3,379 8,226 3,36 14 2,74 264 35 882 1, 125 8,847 Total Expenses 7,391 11,94 74,341 NET SURPLUS/(DEFICTT) $ (5, 171) $ (39,4 14) $ (7,992) 8
BEEF-SAN JOAQUIN EXPERJMENTAL RANGE FOR THE YEAR ENDED JUNE 3, 217 CLASSIFICATION 214 215 216 217 COMMERCIAL HERD 55 59 56 4 9
DAIRY FOR THE YEARS ENDED JUNE 3,217 AND 216 215-16 216-1 7 216-17 ACTUAL BUDGET ACTUAL Sale of Livestock $ 89,67 $ 2 1, $ 75,645 Sale of Products 543,268 75,28 626,888 Other Income 15,519 5, 13,886 Donation Income (Non Cash) 31,222 Agricultural Operations Support 21,246 25,829 Total Income 669,99 92,28 773,47 Payroll: Monthly 21, Student 133,876 13, 151,87 1 Contract Labor 3,56 Employee Benefits 7,285 I,4 15,13 Total Payroll 141,161 14,4 19 1,3 Administrative Fees 26,565 39,641 32,746 Association Dues 744 6 1,468 Equipment: Depreciation 59,559 47,33 48,416 Rental/Lease 5 Rental/Repair 14,568 95, 15,667 Exhibition/Marketing 1 Feed 534,88 45, 484,938 Livestock Expense: Artificial Insemination/Embryo Transfer 8,1 1, 11,415 Bedding 764 1, 1,225 Biologicals/ Antibiotics 6,84 8, 19,395 DH I Testing/Classification 4,226 3,5 4,69 Hoof Trimming 1,22 9 1,1 (Increase)/Decrease in Herd Value (17,92) (3,) 25,898 Livestock Expense 2,29 4,36 1 Purchase of Livestock 3,8 19, Veterinary Services 5,679 6, I,717 Waste Management/Nutrient 8,249 7,5 7,223 Other 323 2, Supplies: Cleaning 14,994 12,5 14,784 Veterinary Supplies 6,437 2,5 1,215 Other 2,788 2,7 2,739 Total Expenses 943,41 999,171 968,37 NET SURPLUS/(DEFICIT) $ (273,942) $ (78,891) $ ( 194,837) 1
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UNI VERSITY, FRESNO DAIRY FOR THE YEAR ENDED JUNE 3,217 CLASSIFICATION 214 215 21 6 BULLS cows 269 278 292 HEIFERS 14 15 98 TOTAL 373 383 39 217 27 95 365 11
DAIRY INDUSTRY FOR THE YEARS ENDED JUNE 3,217 AND 216 215-1 6 216-17 216-17 ACTUAL BUDGET ACTUAL Sale of Products $ 357,695 $ 355, $ 313,992 Agricultural Operations Suppmt 1,435 1,318 Donation Income 26,597 2, 26,956 Miscellaneous 25 574 Total Income 394,977 357, 351,84 Payroll: Monthly 15,564 15,564 Student 82,249 76, 79,737 Employee Benefits 7,652 1,52 7,99 Total Payroll 15,465 77,52 13,2 1 Administrative Fees 14,677 15,378 14,378 Equipment: Depreciation 1,97 1,473 1,473 Rental/Repair 37,699 35, 31,798 Miscellaneous: Inspections/ Assessments 7,527 8,4 8,372 Purchased Products for Resale 14,246 9, 83,773 Public Relations 3,253 3,5 1,484 Supplies: Cleaning Chemicals 4,359 4, 3,659 Ingredients 44,923 4, 36,999 Packaging 5,514 5, 4 1,888 Miscellaneous 6,24 1 7, 6,528 Uniforms 991 Total Expenses 389,1 341,271 343,553 NET SURPLUS/(DEFICIT) $ 5,976 $ 15,729 $ 8,287 12
G IBSON FARM MARKET FOR THE YEARS ENDED JUNE 3,217 AND 216 215-16 216-17 216-17 ACTUAL BUDGET ACTUAL Commissions $ 1,279 $ 119, $ 1 1,451 Floral Sales 175 Food Sales 359,7 38, 365,498 Non-Food Sales 22,81 22, 22, 171 Wine Sales 166,6 194, 167,42 Agricultural Operations Support 16,611 17,369 Donation Income (Non Cash) Miscellaneous 1,992 2, 468 Total Income 668,167 717, 674,359 Payroll: Benefitted 56,335 55, 54,347 Non-Benefitted 22,537 35, Student 135,78 135, 137,49 Employee Benefits 8,445 24, 178 29,692 Total Payroll 223,97 249, 178 221,529 Advertising 325 1, 72 Bad Debt Expense 47 Contract Labor - Custodial 6, 13 5,2 6,414 Credit Card Fees 25,666 25, 27,232 Donations 555 622 Equipment: Depreciation 3,77 32,336 32,485 Rental/Repair 1,277 12, 6, 163 Licenses/Taxes/Fees 1,127 5 1,127 Miscellaneous 37 1, 56 Products for Resale - Wine 14,983 9, 17,991 Products for Resale- Food 179,76 19, 185,121 Products for Resale - Non-Food 1,913 14, 11,39 Products for Resale - Floral Public Relations 793 1,5 571 Shrinkage 1,348 4, 1,3 Supplies 3,694 35, 2,716 Special Events 564 4, 2,58 Travel/Training 561 1,5 UBIT Income Taxes 475 4 Uniforms 841 1,5 4 Utilities 42,7 1 36, 42,483 Total Expenses 67,933 74,114 667,381 NET SURPLUS/(DEFICIT) $ (2,766) $ 12,886 $ 6,978 13
FA RM OPERATIONS FOR T HE YEARS ENDED JUNE 3,21 7 AND 216 215-1 6 216-17 216-17 ACTUAL BUDGET ACTUAL Agricultural Operations Suppott from University $ 31,941 $ 16, $ 28,486 Donation Income 547 Endowment Income: Interest Income 32,68 1, 34,249 Unrealized Gain (Loss) on Securities (6,654) 46,941 Total Income 3,967 17, 11,223 Payro ll: Contract Labor 39 3, Salaries/Wages 1,273 Student 2,253 4, 36, 187 Employee Benefits 3,2 23 Total Payroll 2,643 46,2 37,69 Equipment: Depreciation 21,622 12,467 13,22 RentaURepair 7,228 18, 1,948 Infrastructure Improvements 1,5 14 65, 2,52 Miscellaneous 4,688 7,5 2,931 Propetty Tax 3, Public Relations 2,435 4, 2,185 Supplies 4,92 7, 1,819 Utilities 1,37 3, 1,62 Waste Management/Nutrient 2 1 1, 375 Total Expenses 64,621 167,167 63,282 NET SURPLUS/(DEFICIT) $ (6,654) $ 2,833 $ 46,94 1 14
FIELD CROPS FOR THE YEARS ENDED JUNE 3,21 7 AND 216 215-16 216-17 216-1 7 ACTUAL BUDGET ACTUAL Sale of Products $ 17,94 $ 235, $ 14,56 1 Agricultural Operations Support 8,792 6, 123 Donation Income (Non Cash) 24,958 13,965 Total Income 24,654 235, 16,649 Payroll : Contract Labor 38,22 3, 41,533 Benefitted 9,395 22,95 25, 135 Hourly 27,817 2,458 Student 24,5 2, 6,22 Employee Benefits 11,86 9, 11,628 Total Payroll 11,55 8 1,95 86,776 Administrative Fees 7,8 1,123 6,425 Equipment: Depreciation 4,457 4,82 4,82 Rental/Repair 57,36 35, 44,858 Harvesting/Hauling 5,27 7,35 I Insurance 3 Miscellaneous 7,367 5 1,3 Supplies: Fertilizer 3,449 4, 2,753 Growth Regulator/Defoliants Ill Herbicides 13,38 14,5 12,594 Insecticides 3,475 2, 2, 181 Irrigation 58 5 Seeds 6,14 25, 7,214 Other 4,452 3, 3,247 Utilities 1,336 12, 1,622 Total Expenses 259,978 228,955 27,217 NET SURPLUS/(DEFICIT) $ (55,324) $ 6,45 $ (46,568) 15
FOOD PROCESSING FOR THE YEARS ENDED JUNE 3, 217 AND 216 215-16 216-17 216-17 ACTUAL BUDGET ACTUAL Sale of Products $ 38, 164 $ 16, $ 82,58 Agricultural Operations Support 4,574 4,238 Total Income 42,738 16, 86,746 Payroll: Benefitted 44,667 43,86 47,339 Student 37,943 2, 34,21 Employee Benefits 14,314 15,32 16,87 Total Payroll 96,924 78,892 97,447 Administrative Fees 1,565 6,892 3,771 Equipment Rental/Repair 2,5 Miscellaneous 7 5 88 Processing Lab Charges 5, Suppl ies: Cleaning Chemicals 272 156 Ingredients 22,626 72, 53,32 Packaging 8,11 15, 11,7 19 Total Expenses 129,558 18,784 166,2 13 NET SURPLUS/(DEF1C1T) $ (86,82) $ (2,784) $ (79,467) 16
HORSE- QUARTER HORSE/EQUINE FOR THE YEARS ENDED JUNE 3, 217 AND 216 215-16 216-17 216-17 ACTUAL BUDGET ACTUAL Sale of Livestock $ 17,373 $ 25, $ 24, 139 Boarding Fees- SHC 25,595 4,8 27,22 Equestrian Fees- SHC 12, 12, 12, Pen Rental 9,75 7, 12,59 Other 17,6 15,5 25,382 Agricultural Operations Support 5,78 4,3 8 Donation Income 29,132 32,432 Total Income 11 6,483 99,58 137,945 Payroll : Benefitted 16,4 17, 14 Student 35,358 38, 25,52 1 Employee Benefits 8,59 3,4 8,735 Total Payroll 59,421 41,4 51,396 Administrative Fees 3,373 4,289 4,543 Credit Card Fees 59 5 888 Equipment: Depreciation 3,926 3,927 3,926 Rental/Repair 7,4 7, 11,173 Exhibition/Marketing: Feed 28,23 4, 31,255 Livestock Expense: Donation of Livestock 4,32 6,24 Farrier 8,12 7, 7, 165 Decrease in Herd Valuation 48 2,88 Livestock Expense 2,422 336 Miscellaneous 878 5 116 Registration Fees 475 1, 51 Veterinary Services 1,891 1,5 873 Supplies: Straw/Bedding 6,44 6, 3,72 Veterinary Supplies 4,615 4,5 3,763 Other 3,297 1,5 1,44 Utilities 283 3 275 Total Expenses 135,522 11 9,56 129,815 NET SURPLUS/(DEFlClT) $ (19,39) $ (19,476) $ 8, 13 17
HORSE -QUARTER HORSE FOR THE YEAR ENDED JUNE 3,217 CLASSIFICATION 214 215 216 STALLIONS MARES 12 13 11 FILLIES & COLTS II 1 12 GELDINGS 2 TOTAL 23 25 24 217 12 5 18 18
THE AG RICULTURAL FOUNDATION OF CALIFORNIA STAT E UN IVERSITY, FRESNO STATEMENT OF OPERATIO NS MEATS LABORATORY FOR TH E YEARS ENDED JUNE 3,217 AND 216 215-16 21 6-17 21 6-1 7 ACTUAL BU DGET ACTUAL Sale of Products $ 2 16,28 $ 275, $ 2 16,3 1 Catering 2,268 2,5 3,638 Custom Slaughter 17, 11 7 15, 8,749 Product Development 1,5 Agricultural Operations Support 8,27 9,64 Donation Income (Non Cash) 55,929 55,463 Miscellaneous 1,119 1, 24 Total Income 3,984 295, 293,464 Payroll : Benefitted 33,76 36,98 Student 67,431 85, 71,575 Employee Benefi ts 18,1 6,8 19,365 Total Payroll 11 9,147 9 1,8 127,38 Administrative Fees 9,79 12,77 1,464 Bad Debt Expense 274 Consulting 64,142 Equipment: Depreciation 22,44 22,44 22,44 Rental/Repair 24,813 1, 2,27 Miscellaneous: Advertising 4 19 Dues 68 1, Rendering 3,8 3,5 3,34 Other 3,963 2, 2, 13 Products for Resale 73, 19 75, 88,583 Products for Catering 1,38 1 3,68 Livestock For Resale 39,84 I 55, 37, 125 Supplies: Packaging Materials 9,649 14, 17,47 Processing Supplies 53 3 Small Equipment 2,575 1, 95 Other 7,591 3, 6,289 Total Expenses 382,34 29 1,51 32,742 NET SURPLUS/(DEFICIT) $ ~81,32) $ 3,949 $ (27,278) 19
ORCHARD FOR THE YEARS ENDED JUNE 3, 217 AND 216 215-16 ACTUAL 216-17 BUDGET 216-1 7 ACTUAL Sale of Products Other Income Sale of Olive Oil (Bottled) Agricultural Operations Support Donation Income (Non Cash) $ 1, 11 6,333 $ 1,464 2,975 11,28 12,768 76,58 $ 17,5 675,569 1,363 21,925 11,887 32,6 Total Income I, 171,8 19 724,8 743,344 Payroll: Contract Labor Benefitted Non-Benefitted Student Employee Benefits Total Payroll Administrative Fees Development Depreciation Equipment: Depreciation Rental/Repair Harvesting/Marketing: Hauling Other Insurance Irrigation Miscellaneous Net Change - Investment in Growing Crops Products for Resale - O live Oil Supplies: Bees Fertilizer Fungicides Herbicides Insecticides Other Travel Utilities 24,843 57,276 39,793 21,422 323,334 47,63 5,526 13,279 62,933 3,636 18,787 19,748 9,176 5,352 17,471 22,32 5,867 26,511 36,55 31,679 24,244 2,62 175, 45,9 36,75 16,7 18 274,368 3 1,189 12,746 5, 6, 25, 2, 1, 3,5 15, 26, 5, 2 1, 4, 12, 15, 2,5 2, 184,63 48,162 7,13 42,52 15,5 296,88 31,943 12,746 63,26 5,7 25,8 18 19,673 2,287 4,149 21,555 14,31 38,88 5,61 19,245 29,632 15,619 16,472 21,42 Total Expenses 739,79 634,33 689,578 NET SURPLUS/(DEFICIT) $ 432,74 1 $ 89,777 $ 53,766 2
STATE ME NT OF OPERATIONS ORNAMENTAL HORTICULTURE - NURSERY FOR THE YEARS ENDED JUNE 3, 217 AND 216 215-16 216-17 216-17 ACTUAL BUDGET ACTUAL Greenhouse Plants(Store) $ 22,564 $ 24, $ 22,635 Nursery Plants 13,46 14, 11,23 Organic Plants 3,558 4, 4,253 Plant Rental 25 5 25 Fresh Crops 2,345 4, 5,92 Agricultural Operations Support 3,817 4,167 Donation Income (Non Cash) 35,44 23,554 Other Income 2,435 Total Income 8,399 46,5 74,219 Payroll: Benefitted 12,968 12,968 Student 28,237 2, 3,841 Contract Labor 789 Employee Benefits 9,838 1,6 1,176 Total Payroll 51,43 2 1,6 54,774 Administrative Fees 1,73 1,984 2,125 Credit Card Fees 43 43 56 Depreciation 2,9 13 3,884 3,884 Equipment Rental/Repair 4,224 3,5 2,6 11 Miscellaneous: Certification/License 88 5 538 Miscellaneous 115 2 591 Office Supplies 83 6 758 Products for Resale: Nursery/House Plants 7,34 7, 6, 173 Supplies: Containers 1,946 1,5 1,73 1 F erti I izers 313 3 61 Herbicides 176 2 99 Insecticides/Fungicides 19 1 46 Labels 1,33 6 1,13 Plant Material 124 76 Soil Media 1,878 1,5 2,859 Other 7,498 7, 6,244 Total Expenses 82,17 5,898 84,782 NET SURPLUS/(DEF1CIT) $ (1,78) $ (4,848) $ ( 1,563) 21
THE AG RICULTURAL FOUNDATION OF CALIFORNIA STATE UNIVERSITY, FRESNO POULTRY FOR THE YEARS ENDED JUNE 3,217 AND 216 21 5-16 216-17 216-17 ACTUAL BUDGET ACTUAL Sale of Products $ 2,73 $ 6,5 $ 1,899 Foster Farms Stipend 5,13 6, 7,533 Research Projects Agricultural Operations Support 4,15 3,866 Total Income 56,848 66,5 76,298 Payroll: Benefitted 18,11 24,327 Student 5,4 4, 3,919 CSUF Benefits 19,188 Employee Benefits 3,73 3,2 (47) Total Payroll 53,113 61,31 74,387 Administrative Fees 112 28 87 Depreciation 1,272 1,272 1,272 Equipment Rental/Repair 5 15 5 117 Miscellaneous 1,299 Supplies 538 1,25 435 Total Expenses 56,848 64,63 76,298 NET SURPLUS/(DEFICIT) $ $ 1,897 $ 22
SHEEP FOR THE YEARS ENDED JUNE 3,217 AND 216 215-16 ACTUAL 216-17 BUDGET 216-17 ACTUAL Sale of Livestock Other Income Donation Income Agricultural Operations Support $ 41,69 $ 6 15,86 1,12 44, $ 53,975 36,75 986 Total Income 59,81 44, 9 1,36 Payroll: Benefitted Student Employee Benefits Total Payroll Administrative Fees Equipment: Rental/Repair Exhibition/Marketing: Advertising Costs Feed Livestock Expense: (lncrease)/decrease in Herd Valuation Purchase of Livestock Shearing Miscellaneous: Other Supplies Bedding Veterinary Other 11,36 6,2 1 4,824 21,881 1,731 2,894 4,18 7,785 5,43 944 88 461 3,165 1, 4, 4, 1,895 3, 2 3, 5, 5 3 5 3, 4, 24,954 5,718 11,121 41,793 2,467 2, 196 26,613 2,67 3,3 87 735 413 2,412 45 Total Expenses 86,18 52,395 83,136 NET SURPLUS/(DEFICIT) $ (27,99) $ (8,395) $ 7,9 23
SHEEP FOR THE YEAR ENDED JUNE 3,217 CLASSIFICATION 214 215 216 STUD RAMS 5 6 5 EWES 81 77 8 LAMBS 52 55 51 TOTAL 138 138 136 217..,.) 82 68 153 24
THE AGRICULTURAL FOUNDATION OF CALI FORNIA STATE UNIVERSITY, FRESNO SWINE FOR THE YEARS ENDED JUNE 3, 217 AND 216 215-16 ACTUAL 216-17 BUDGET 216-1 7 ACTUAL Sale of Livestock Sale of Semen Premiums Other Agricultural Operations Support Donation Income $ 181,79 $ 11, 5,549 4,195 54,56 162, 163 $ 4,5 1,5 4 237,256 98 396 33 4,89 58,895 Total income 256,383 168,563 32,72 Payroll: Benefitted Student Employee Benefits Total Payroll 35,623 31,24 18,26 1 85,88 29, 2,32 31,32 38,154 36,31 2,441 94,626 Administrative Fees Bad Debt Expense Equipment: Rental/Repair Feed Livestock Expense: (Increase)/Decrease in Herd Valuation Donation of Livestock Purchase of Livestock Purchase of Semen Miscellaneous: Advertising Dues Entry Fees Miscellaneous Registrations Veterinary Services National Pork Board Supplies: Artificial Insemination Bedding: Straw Shavings Miscellaneous Pharmaceuticals Travel 8, 14 3 7,658 178,531 (15,32 1) 675 12,49 225 11 3 2, 11 558 346 1, 16 2,558 194 1, 19 1 11,9 7,261 5,4 131,68 3 2,5 9,6 1,2 75 1,2 5 1,25 2, 1, 4,2 75 7,5 1,5 1,921 5, 141 223,949 17,2 17 3 3,4 12,97 59 316 233 1,83 44 199 834 3,867 838 1, 19 6,7 847 Total Expenses 296,89 29,9 11 384,932 NET SURPLUS/(DEFICIT) $ (4,57) $ (41,348) $ (82,212) 25
SWINE FOR THE YEAR ENDED JUNE 3,217 CLASSIFICATION 214 215 216 HERD BOARS 7 II 1 BREEDfNG SOWS 9 156 184 MARKET SWINE 293 376 598 TOTAL 39 543 792 217 12 13 37 512 26
VEGETABLE CROPS FOR THE YEARS ENDED JUNE 3,217 AND 216 21 5-16 216-17 216-17 ACTUAL BUDGET ACTUAL Sale of Products $ 274,164 $ 375, $ 287,851 Agricultural Operations Support 1,27 9,265 Donation Income (Non Cash) 13,72 13,965 Miscellaneous Income 4,298 457 Total Income 32,452 375, 3 11,538 Payroll: Contract Labor 17 1,577 175, 167,377 Benefitted 9,395 2, 25,135 Non Benefitted 546 Student 25,386 22,5 19,938 Employee Benefits 4,326 1,8 1,943 Total Payroll 2 1,684 219,3 223,939 Administrative Fees 11,4 18 16, 153 13, 178 Equipment: Depreciation 1,68 623 623 Rental/Repair 66,254 5, 53,42 Supplies: Fertilizers 38,27 2, 14,11 Fungicides 5 Herbicides 13,631 8, 15,886 Insecticides 9,633 5, 7,714 Irrigation 9,249 4, 5,983 Seed 29,21 3, 19,22 Other 19, 13 3,5 12,299 Utilities 14,45 12, 17,142 Total Expenses 422,88 369,76 383,217 NET SURPLUS/(DEFICIT) $ (12,428) $ 5,924 $ (71,679) 27
THE AGRICULTURAL FOUNDATION OF CALIFORNIA STATE UN IVERSITY, FRESNO VINEYARD- TABLE GRAPES FOR THE YEARS ENDED JUNE 3, 217 AND 216 215-16 216-1 7 216-17 ACTUAL BUDGET ACTUAL Sale of Products $ 626, 1 $ 565,74 $ 652,43 Raisin Income 62,88 Agricultural Operations Support 4,958 4,134 Donation Income (Non Cash) 11,183 31,57 Total Income 642,15 1 628,62 687,594 Payroll: Contract Labor 414,976 365, 425,999 Benefitted 3 1,364 22,95 14,67 Non-Benefitted 9,47 Student 23,442 22, 16,447 Employee Benefits 16,4 12,434 9,689 Total Payroll 486,182 422,384 475,852 Administrative Fees 25,669 27,77 29,82 Equipment: Rental/Repair 23,5 13 22, 19,9 Harvesting/Packing/Marketing 4,727 9, 24,823 Miscellaneous: Crop Insurance 9,9 11 1, 1,524 Laundry 1,379 1,5 1, 1 1 License Fee 285 Other 1,43 2,5 1,63 Net Change-Investment in Growing Crops 4,2 13 Supplies: Fertilizers 4,384 3, 4,858 Fungicides 16,645 17, 16,284 Growth Regulator 2,984 7, 7,725 Herbicides 9,849 11, 8,742 Insecticides 14,17 8, 8,85 Irrigation 2, Packaging Materials 1,73 1 6,5 2,3 1 Soil Amendments 7,86 9,56 8,622 Trellis Repair 1, Other 12,65 8, 8,432 Travel 1, Utilities 11,94 11, 12,32 1 Total Expenses 634,67 579,52 1 644,225 SURPLUS/(DEFICIT) 8,84 49,99 43,369 NONCASH Development Depreciation 2,734 2,734 2,734 Equipment Depreciation 2,968 Total Non Cash Expenses 2,734 2,734 5,72 NET SURPLUS/(DEFICIT) $ 5,35 $ 46,365 $ 37,667 28
VINEYARD- WINE GRAPES FOR THE YEARS ENDED JUNE 3,217 AND 216 215-16 ACTUAL 216-17 BUDGET 216-17 ACTUAL Sale of Products Miscellaneous Income Agricultural Operations Support Donation Income (Non Cash) $ 176,273 $ 1,632 11,183 222,56 $ 29,379 1,751 17,46 Total Income 189,88 222,56 228,176 Payroll: Contract Labor Benefitted Student Employee Benefits Total Payroll Administrative Fees Equipment: Rental/Repair Harvest/Hauling Insurance Laundry Miscellaneous Net Change - Investment in Growing Crops Supplies: Fertilizers Fungicides Herbicides Insecticides Irrigation Other Soil Amendments Travel Utilities 58,595 31,51 4,2 16,482 11,778 7,228 15,452 1,28 1,471 1,148 546 4,511 14,271 7,954 2,3 12 65 3,69 8,845 6,75 59, 22,95 7, 12,434 11,384 9,587 15, 15, 1,9 1,5 1,5 4, 13, 11, 5, 2, 4, 9,6 1, 5,5 55,58 14,671 6,613 7,837 84,947 9,57 9,851 1 1,29 1,823 1,112 389 (6,274) 2,295 11,673 6,862 2,339 7,897 6,85 573 6,45 Total Expenses 195,13 2,971 156,936 SURPLUS/(DEFICIT) (6,42) 2 1,589 71,24 NONCASH Development Depreciation Total Non Cash Expenses 1,888 1,888 22,38 22,38 2,359 2,359 NET SURPLUS/(DEFICIT) $ (7,93) $ (449) $ 5,881 29
WINERY FOR THE YEARS ENDED JUNE 3,21 7 AND 216 215-16 216-17 216-17 ACTUAL BUDGET ACTUAL Sale of Products: Resale $ 3 15,681 $ 3 18,948 $ 3 13,287 Taxable 9,816 68, 79,669 Other Income 15,258 7,95 1,293 Public Relations 6,517 6,17 3,741 Shipping Charges 4,699 1, 4,437 Agricultural Operations Support 4,679 3,514 Donation Income 25,358 19,261 34,559 Total Income 463,8 421, 176 449,5 Payroll: Marketing/Sales 25,75 3,456 Winemaker 41,975 66,425 3,82 Non-Benefitted 43,34 1 Student 3,674 42, 2 1,,2 Employee Benefits 841 14,614 8,586 Total Payroll 99,195 123,39 134,43 Administrative Fees 17,486 15,213 18,635 Advertising/Public Relations 13,546 14, 7,398 Advertising 4,71 2,795 Bad Debt Expense 1,2 11 Public Relations 1,219 159 Public Relations Sales Tax 88 13 Credit Card Fees 1,9 11 1,2 2, 11 3 Commissions-TCB 363 Dues/License Fees/Taxes 1,67 7,7 8,984 Equipment Main/Repair 17,544 19,5 3,2 11 (Increase)/Decrease in Wine Inventory 29,482 42,266 Insurance 6 15 6 515 Miscellaneous 5,62 6,59 3,854 Office Supplies/Mail/Printing Services 3,446 4, 3,34 Postage/Freight 9,812 2, 1,917 Shrinkage 535 1, 78 3
WINERY FOR THE YEARS ENDED JUNE 3,217 AND 216 EXPENSES (continued): Supplies: BatTe Is Bottles Capsules Chemicals/Cleaners/Gases Concentrate/Wine Corks Filtering Materials Grapes Labels Laboratory Supplies Testing Packaging Materials Yeast/Enzymes Travel Uniforms UBIT Income Taxes 215-16 ACTUAL 11 12,619 2,429 3,359 2,17 33,889 8,61 346 5,724 836 37 7 13 216-17 BUDGET 42, 5, 5,5 3 4,5 2,7 36, 25, 6,5 1, 4, 4 3,7 5 5 216-17 ACTUAL 1,76 54,657 1,828 6,635 11,48 1,668 32,846 21,79 91 4,426 2,196 2,7 Total Expenses 467,282 332,442 48,924 SURPLU S/(DEFIC IT) (4,274) 88,734 4,576 NONCASH Equipment Depreciation Total Non Cash Expenses 1,95 1,95 9,994 9,994 9,994 9,994 NET SURPLUS/(DEFICIT) $ (15,179) $ 78,741 $ 3,582 31