ReConstruct 2006 Financial Information
Click here to download a copy of our 2006 Annual Report.
Revenue
ReConstruct receives revenue from three primary sources: contributions, participant fees, and government fees. In 2006, our contributions were consistent with prior years but our participant fees dropped. The drop in participant fees is primarily due to the unprecedented volunteer effort in the gulf coast region in response to the devastation left by hurricane Katrina. The result was less volunteers serving in other areas of the country. Government fees remain consistent with 2005 and this should be the case for 2007. We also anticipate our participant fee revenue to regain its momentum in 2007. Having a diverse revenue base is healthy for any organization. We are convinced that our diversity is what helps sustain ReConstruct during years like 2006.
Contributors
The number of individual contributors dropped in 2006. However, the amount of money given by individuals increased. Foundation giving remains consistent. In April of 2007, ReConstruct will host the 2007 ReConstruct Golf Challenge. We anticipate the number of individual donors to increase from the awareness that is raised by this special event.
Total Volunteers and Homes Repaired
ReConstruct had a drop in its volunteer base for 2006. As a result, we repaired fewer homes in 2006. However, the drop in our volunteers in Nashville allowed us to free up one of our fulltime staff to be used in Gulfport, MS. While in Gulfport, he helped coordinate volunteer work on homes damaged by hurricane Katrina. He worked with volunteers from 54 churches. These volunteers helped 95 homeowners with needed repairs. (These numbers are not reflected in the graphs.) Our pre-registration for 2007 projects is stronger than at any time in the organization’s history. We continue to recruit volunteers nationally through trade shows and direct mail. Our goal for 2007 is to have the number of volunteer participants and the number of homes repaired at pre 2006 levels.
Expenses
We strive to spend a large percentage of our revenue on our program activities. The following charts illustrate that ReConstruct’s total fundraising and administrative expenses are only 10% of the total budget. We are still encouraged that a large percentage of our budget was spent on program services for low-income homeowners.
Click here to download a copy of our 2006 Annual Report.
