STATEMENT OF ACTIVITIES
For the year ending December 31, 2001

OPERATING REVENUE, GAINS & OTHER SUPPORT
Contributions, membership gifts and grants received	$ 1,861,760
Change in contributions receivable	(1,127,654)
Events	360,768
Merchandise and other revenues	18,936
Investment income	526,53
Investment expense	(44,414)
TOTAL OPERATING REVENUE, GAINS & OTHER SUPPORT	$ 1,595,933
OPERATING EXPENSES
Program Services
Resource preservation & protection	$ 754,827
Education and outreach	424,766
Total Program Services	$ 1,179,593
Supporting Services
Development, fundraising and membership	$ 51,927
Management and general	88,288
Total Supporting Services	$ 240,215
CHANGE IN NET ASSETS FROM OPERATIONS	$ 176,125
NON-OPERATING INCOME
Investment Income (Loss)	$(1,353,374)
Loss on Stock Sales	(5,685)
Loss on Disposal of Equipment	(1,490)
Decrease in provision for uncollectible pledges	34,000
TOTAL NON-OPERATING INCOME	$ (1,326,549)
TOTAL CHANGE IN NET ASSETS	$(1,150,424)
NET ASSETS
Beginning of year	$ 14,896,396
End of year	$ 13,745,972
NOTES TO FINANCIAL STATEMENTS Friends of Acadia is a nonprofit, tax exempt organization under Section 501(c)(3) of the Internal Revenue Code, a publicly supported organization as defined by Section 170(b) A-6. Contributions are tax deductible to the extent provided by the law. The Statement of Activity and Change in Net Assets in drawn from audited financial statements by Berry, Dunn, McNeil & Parker, Certified Public Accountants.

Unrestricted Gifts Received

FUNDRAISING EXPENSES	1997	1998	1999	2000	2001	Total
TOTAL REVENUE	$838,157	$1,070,627	$8,815,755	$2,030,952	$1,595,933	$14,351,424
FUNDRAISING	48,251	59,448	202,338	177,271	151,927	639,181
FUNDRAISING AS A % OF TOTAL REVENUE	5.76%	5.55%	2.30%	8.73%	9.52%	4.45%

All figures are derived from audited financials, not IRS Form 990.