Camp Budgeting and Financial Statement for Beginners

Are you responsible for submitting a budget to a supervisor or Board of Directors? Do terms like accumulated depreciation, fixed assets, accounts payable, accrued basis, cash basis, liabilities, net assets, and cash flow confuse you? They should if you were not an accounting major. This session will cover the basics you need to prepare your budgets and read your financial statements.

Presenter: Russ Link

Russ Link has been the executive director of Camp Olson YMCA (an Independent YMCA Camp) the past 18 years. Camp Olson YMCA is a summer-only camp with an annual operating budget $1.5 million. Camp Olson YMCA is located on 1,350 acres in the heart of lake country in North Central Minnesota. Like many typical camp staff members, Russ spent his summers during college working at a camp. Russ spent these summers enjoying the outdoors at the Wisconsin Lions Camp in central Wisconsin near Stevens Point. It was at camp where he met his wife Jolene.

Russ was drawn to Camp Olson YMCA because of the rich tradition of honoring the environment and its strong emphasis on family values. Russ has worked to preserve over 260 acres of the camp’s property in conservation easements that have provided over $1 million in revenue for the camp. Russ believes that a camp experience is important for every child. “I am who I am because of my camp experiences.” Russ lives at Camp Olson YMCA in Longville, MN, with his beautiful wife Jolene and twin sons, Connor and Micah, who both work at camp during their summers home from college.