NWTF Revenues Decline
According to a financial report released by the National Wild Turkey Federation the total support and revenue of the Federation dropped by almost 5 million dollars in 2008. The published financial report of the NWTF for the fiscal year ending August 31, 2008 shows that support and revenue for fiscal year 2008 was $62,302,904 compared to $67,201,089 in the same period of 2007. These figures include net assets released from restrictions. This is a sharp drop of $4,898,185 from fiscal year 2007 to fiscal year 2008 a significant decline.
Other financial indicators also declined as follows:
For the year ending August 31
2008 2007 A Drop Of:
Current Assets $17,585,620 $18,577,912 $922,292
Total Assets (C+F) $25,777,854 $27,183,737 $1,405,883
Net Assets $16,624,089 $17,419,955 $795,866
Membership Dues $13,125,558 $14,135,747 $1,010,189
Conservation Activities $12,872,084 $13,424,581 $552,497
Superfund Contributions $4,738,627 $5,371,065 $632,436
*Administrative Expense showed an increase. Administrative costs were $4,166,878 in 2007. These rose to $4,499,795 in 2008, an increase of $332,917.
NWTF Members who wish to confirm these numbers or discuss them in detail can contact the following:
NWTF Chief Executive Officer - George Thornton
NWTF President - Peggy Anne Vallery