FINANCIAL REPORT

From CFI

Total Income for 2004 amounted to $22,140. Granting sources included $3,000 from The Rose Foundation restricted for use by KMEC Radio and $8,550 to CFI from the Trees Foundation restricted for use by CIBT of the Los Cedros Bio-Reserve in Ecuador. In total, $16, 718 was allocated by CFI to the educational programs of the groups we fiscally sponsor and cloud forest conservation efforts. Office expenses and overhead comprised less than 10% of the total income. The assets at the beginning of 2005 amount to $10,863. This amount is the total of four separate funds restricted for use by the MEC Environmental Education Programs, Mendocino Organic Network, Mendocino Alliance for a Community Based Economy and the Cloud Forest Institute Land Acquisition Fund which is currently at $3,440 and growing. Our Activist Family Jamboree fundraiser that was held in August brought in $1,431. Thanks to all of you who came out to support us on that hot afternoon and to our sponsors, Ukiah Brewing Company, Frey Vineyards, Three Sisters and the generous musicians, Sabrosa and Linda Lou & Michael Ryge and Friends.

Since our inception in 1994 CFI has functioned with very small overhead costs and voluntary labor. In 2005 our costs of operation will increase as we share the expenses of maintaining the office at 106 W. Standley St. in Ukiah.

The current breadth and depth of our activities requires an evolution to become a member supported organization. We are asking you to consider making a $10/month credit card pledge to give CFI the financial security to help propel us through the financial challenges of the upcoming year. Please contact us at 707-463-2482 to talk about how your tax deductible donation will be used to help further environmental education programs locally and in Ecuador and to purchase cloud forest land for conservation.