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Home My WebLink AboutPeninsula Trails Coalition 3rd EXHIBIT C 3rd QUARTER REPORT Due by October 315`to afmcknightAco jefferson.wa.us RECEIVED Organization: Peninsula Trails Coalition OCT 2 3 2025 Contact person: Michele Cana le --C- IEFFERSON COUNTY COMMISSIONERS Mailing Address: PO Box 1836 Port Angeles, WA 98362 Phone Number/Email: (360)670-0099 1. LTAC Funds received from the County 3rd QTR: ORGANIZATION Total Total Overspent Refund TOTAL TOTAL TOTAL Amount Received (+) Required Pt QTR 2"d QTR 3rd QTR Awarded From Underspent LTAC LTAC LTAC by JeffCo (-)of LTAC FUNDS FUNDS FUNDS JeffCo funds SPENT SPENT SPENT Peninsula Trails $35,700 $8,012.86 $21,627.18 $4,157.03 $3,855.83 $6,059.96 Coalition remaining after we are reimbursed for spending in Q3 2. LTAC funds spent by your organization 3`d QTR(include 200 word limit regarding activities and funds spent with and itemized statement and supporting documentation ie:invoices paid,receipts from payment,): In the third quarter of 2025, we accomplished all of the following: • Making payment to cover all the sanicans in Jefferson County • We made progress on a number of site safety features of Hall Baetz Viewpoint, including utilities, safety components, and the entry gate. 3. LTAC funds balance remaining 3rd QTR: $21,627.18 remaining after we are reimbursed for spending in Q3 4. Please attach your organization's report for all revenue, marketing,services, programs and activities for the prior April through June(2nd)quarter. Attached This report and any attachments may be subject to disclosure as a public record under the Public Records Act, RCW Chapter 42.56. A minimum of six years,you must maintain documented proof of payments made,contracts executed and other expenditures authorized under your Agreement with Jefferson County. Upon reasonable notice,you must be able to provide access to County or State representatives to audit those records. RECEIVED 10/23/25 ir'Trails Coalitio • Pennsula Te ATTACHED ARE YOUR MONTHLY REPORTS FOR July, 2025 Included: Balance Sheet Monthly and Year to Date Profit and Loss Monthly Bank Reconcilements Statement of Financial Position YE RECEIVED 10/23/25 PENINSULA TRAILS COALITION As of July 31, 2025 DISTRIBUTION ACCOUNT TOTAL Assets Current Assets Bank Accounts 1ST SECURITY CHECKING ACCOUNT 1,706.41 D.A.DAVIDSON-OPERATING NC 88,607.04 FIRST FEDERAL CHECKING ACCOUNT 67,784.35 FIRST FEDERAL MMDA 70,922.84 PAYPAL ACCOUNT 100.00 Total for Bank Accounts $229,120.64 Accounts Receivable Other Current Assets GIFT CARDS-7 CEDARS 550.00 INVENTORY 0 INVENTORY-CAPS 2,671.34 INVENTORY-JERSEYS 15,091.24 INVENTORY-MICROFIBER SLEEVES M/L 1,235.50 T-SHIRTS 214.41 Total for INVENTORY $19,212.49 INVENTORY-TDL SOX 1,690.89 INVENTORY-TRAVEL CUPS 1,170.84 TDL JERSEYS&T-SHIRTS 2,855.76 Undeposited Funds 674.00 Total for Other Current Assets $26,153.98 Total for Current Assets $255,274.62 Fixed Assets ACCUMULATED DEPRECIATION -42,569.28 MACHINERY&EQUIPMENT 64,196.14 Total for Fixed Assets $21,626.86 Other Assets D. A. DAVIDSON-QUASI-ENDOWMEN 766,631.79 DEPOSIT 314.00 Total for Other Assets $766,945.79 Total for Assets $1,043,847.27 RECEIVED 10/23/25 Statement of Financial Position YE PENINSULA TRAILS COALITION As of July 31, 2025 DISTRIBUTION ACCOUNT TOTAL Liabilities and Equity Liabilities Current Liabilities Accounts Payable Credit Cards Other Current Liabilities Sales TAX LIABILITY 950.68 Total for Other Current Liabilities $950.68 Total for Current Liabilities $950.68 Long-term Liabilities Total for Liabilities $950.68 Equity RETAINED EARNINGS 1,002,491.36 Net Income 40,405.23 Total for Equity $1,042,896.59 Total for Liabilities and Equity $1,043,847.27 RECEIVED 10/23/25 Statement of Activity PENINSULA TRAILS COALITION July 2025 DISTRIBUTION ACCOUNT TOTAL JUL 1 -JUL 31 2025 JAN 1 -JUL 31 2025(YTD) JAN 1-JUL 31 2024(PY YTD) Income CONTRIBUTIONS INCOME 0 0 0 MAP DONATIONS 1,070.00 4,940.00 4,300.28 UNRESTRICTED 3,944.42 123,610.13 31,935.05 CARS PROGRAM REVENUE 2,574.66 DIRECT MAIL CAMPAIGN 40,953.55 12,312.94 GIVING BIG/TUESDAY 30.00 ODT-EAGLEMOUNT FUND 835.00 RESTRICTED 0 0 $11,350.00 MEMORIAL DONATION 685.00 Total for RESTRICTED 0 0 $12,035.00 Supporting Events 12,807.10 YEAR-END APPEAL 15.00 505.00 Total for CONTRIBUTIONS INCOME $5,014.42 $169,518.68 $77,335.03 EVENT INCOME 0 0 0 TDL ADDL DONATIONS 650.00 1,831.00 TDL EVENT 24,165.00 71,087.00 75,156.56 TDL MERCHANDISE SALES 5,133.00 9,768.00 TRAVEL PROGRAM INCOME 0 0 0 SEQUIM 2,791.00 3,429.00 PORT ANGELES 2,221.00 Total for TRAVEL PROGRAM INCOME 0 $5,012.00 $3,429.00 Total for EVENT INCOME $29,948.00 $87,698.00 $78,585.56 GAIN (LOSS)ON INVESTMENTS 6.02 37.84 12,202.68 INVESTMENT INCOME 0 0 0 DIVIDEND INCOME 9,604.40 9,604.40 6,781.25 INTEREST INCOME 10.40 10.40 183.03 Total for INVESTMENT INCOME $9,614.80 $9,614.80 $6,964.28 MEMBERSHIP DUES 105.00 2,015.00 6,795.00 BICYCLE TUNE-UP EVENT 7,281.00 6,960.00 GRANTS 21,776.67 73,694.26 MISCELLANEOUS INCOME 278.84 750.00 Sales 936.26 17.00 SALES-MERCHANDISE 130.00 662.00 SPONSORSHIPS 14,536.50 250.00 Total for Income $44,688.24 $313,823.59 $264,215.81 RECEIVED 10/23/25 Statement of Activity PENINSULA TRAILS COALITION July 2025 DISTRIBUTION ACCOUNT TOTAL JUL 1 -JUL 31 2025 JAN 1 -JUL 31 2025(YTD) JAN 1 -JUL 31 2024(PY YTD) Cost of Goods Sold Cost of Goods Sold 0 0 $242.07 Cost of MAPS SOLD 3,434.80 Total for Cost of Goods Sold 0 $3,434.80 $242.07 Total for Cost of Goods Sold 0 $3,434.80 $242.07 Gross Profit $44,688.24 $310,388.79 $263,973.74 Expenses ADMINISTRATIVE EXPENSES 0 0 0 BANK SERVICE CHARGES 72.00 273.55 CREDIT CARD FEES-LN 24eC 53.09 246.39 LEMOLO CONSULTING 3,500.00 32,300.00 14,000.00 OFFICE SUPPLIES 438.63 438.63 826.05 VOLUNTEER COORDINATOR 6,737.20 51,085.17 26,082.75 WEBSITE-MANAGEMENT 1,000.00 1,000.00 CREDIT CARD PROCESSING FEES-LN 24eC 1,113.16 672.24 DUES AND SUBSCRIPTIONS-LN 24e%40/60/0 3,565.25 2,886.65 INSURANCE-LN 23B 5,863.44 INVESTMENT MANAGEMENT FEES-LN 11fC 3,598.06 LICENSES AND PERMITS-LN 24e%70/30/0 174.50 90.50 PROFESSIONAL FEES 0 0 0 CONSULTING 1,000.00 300.00 Total for PROFESSIONAL FEES 0 $1,000.00 $300.00 PS2P EXPENSES 5,000.00 5,570.74 RENT-LN 24eB 3,630.00 2,919.91 WEBSITE-LN 24eB 2,704.36 441.35 OFFICE EXPENSES 44.00 RENT-P.O. BOX-LN 24eC 182.00 Total for ADMINISTRATIVE EXPENSES $11,800.92 $102,757.01 $63,251.69 ADVERTISING& PROMOTION PURCH.-LN 12B 823.15 4,335.64 13,935.44 BICYCLE TUNE-UP EVENT EXPENSES-LN 24eD 0 $269.12 0 POSTAGE 45/55/0 421.37 807.38 PRINTING EXPENSE 26.96 Total for BICYCLE TUNE-UP EVENT EXPENSES-LN 24eD $421.37 $1,103.46 0 DEVELOPMENT CONTRACTOR-LN 24a%22/45/33 4,717.50 35,306.71 20,497.65 DIRECT MAIL CAMPAIGN EXPENSES-LN 24D 1,603.82 8,491.67 ECO-COUNTER EXPENSE 513.51 9,105.72 589.14 RECEIVED 10/23/25 Statement of Activity PENINSULA TRAILS COALITION July 2025 DISTRIBUTION ACCOUNT TOTAL JUL 1 -JUL 31 2025 JAN 1 -JUL 31 2025(YTD) JAN 1 -JUL 31 2024(PY YTD) EVENT EXPENSES-PART VIII, LN 8b 0 0 0 ANNUAL ODT FUNDRAISER EXPENSES 0 0 0 CREDIT CARD FEES 6.33 7.02 FOOD EXPENSE 32.00 252.97 ADVERTISING EXPENSE -400.00 INSURANCE EXPENSE 6,472.27 Total for ANNUAL ODT FUNDRAISER EXPENSES $38.33 $6,332.26 0 TDL-ADVERTISING 930.00 5,680.00 3,000.00 TDL-COST OF GOODS SOLD 1,704.09 11,254.09 TDL-FOOD 3,379.25 3,379.25 164.81 TDL-MISC 3,056.96 4,351.46 6.54 TDL-SWAG COSTS 5,164.32 6,010.32 5,810.79 TDL-CLEAN UP 127.00 TDL-FARMS -800.00 TDL-MGMT FEE 4,000.00 5,000.00 TDL-Permits 310.00 TDL-PROCESSING FEES 4,762.13 TDL-RENT 2,969.70 970.00 TDL-SALES TAX 1,212.94 739.41 TDL-SUPPLIES 3,196.33 TDL-WEBSITE 150.00 700.00 Total for EVENT EXPENSES-PART VIII, LN 8b $14,272.95 $45,340.02 $23,987.01 POSTAGE AND DELIVERY-LN 24e%45/55/0 436.40 458.17 1,914.17 RENTAL-EQUIPMENT 0 $310.52 $1,189.63 SANIKAN RENTAL-LN 24eB 1,097.12 19,140.96 4,860.00 Total for RENTAL-EQUIPMENT $1,097.12 $19,451.48 $6,049.63 SUPPLIES-LN24eB $30.00 $38.99 $286.51 CONSTRUCTION MATERIALS-LN 24cB 5,048.36 10,505.43 13,633.93 HOSPITALITY SUPPLIES-LN 24eB 234.04 1,901.06 2,081.24 MAPS-LN 24eB 3,719.04 8,161.55 4,012.55 SIGNAGE-LN 24dB 413.82 413.82 279.17 EQUIPMENT 145.92 VOLUNTEER RECEPTION-LN 24eB 2,021.24 ANNUAL MEETING 150.00 GAS-LN 24eB 598.20 TRAIL MAINTENANCE 406.17 TRAIL MAINTENANCE CONTRACTOR 30,000.00 Total for SUPPLIES-LN24eB $9,445.26 $52,175.22 $22,460.56 TRAIL AMBASSADOR PROGRAM-LN 24eB 8,767.56 13,280.28 5,098.39 DEPRECIATION EXPENSE-LN 228 2,404.23 Statement of Activity RECEIVED 10/23/25 PENINSULA TRAILS COALITION July 2025 DISTRIBUTION ACCOUNT TOTAL JUL 1 -JUL 31 2025 JAN 1 -JUL 31 2025(YTD) JAN 1 -JUL 31 2024(PY YTD) FLAGGER TRAINING-LN 24eB 85.00 MISCELLANEOUS EXPENSE-LN 24eB 737.56 PRINTING AND REPRODUCTION-LN 24eC 1,620.03 157.22 SALES TAX EXPENSE-LN 24eB 281.00 TRAIL MAINTENANCE MGR-LN 7B 0 $2,825.30 0 TRAIL MAINTENANCE MGR-VEHICLE EXP 1,486.00 1,347.57 Total for TRAIL MAINTENANCE MGR-LN 7B 0 $4,311.30 $1,347.57 TRAIL MAINTENANCE-Supplies-LN 24eB 948.59 422.41 TRAVEL PROGRAM EXPENSE-LN 24eB 0 0 $208.68 SEQUIM PROGRAM EXP Total for TRAVEL PROGRAM EXPENSE-LN 24eB 0 0 $208.68 Contract Labor 1,032.68 TRAVEL& ENTERTAINMENT 0 0 0 MEALS 86.10 Total for TRAVEL&ENTERTAINMENT 0 $86.10 0 Volunteer Coordinator mileage exp 86.10 Total for Expenses $53,899.56 $299,890.18 $163,427.35 Net Operating Income -$9,211.32 $10,498.61 $100,546.39 Other Income UNREALIZED GAIN (LOSS)ON INVES 29,906.62 29,906.62 23,168.86 Total for Other Income $29,906.62 $29,906.62 $23,168.86 Other Expenses Net Other Income $29,906.62 $29,906.62 $23,168.86 Net Income $20,695.30 $40,405.23 $123,715.25