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The Diabetic Youth Foundation is an independent 501(c)3 non-profit agency whose mission is to improve the quality of life for children, teens and families affected by diabetes. Our organization receives all of its support through donations from individuals, corporations and foundations and by charging fees for our programs. Due to the high cost of running Bearskin Meadow Camp, the fees that we charge families to attend only cover approximately 1/3 of our actual cost for each person attending. To ensure that we can continue to provide scholarships for low-income families AND to keep our fees as low as possible for all who participate in our programs, we rely solely on private donations to support our programs. We receive no funds from state or federal governments. DYF is strongly committed to operating a financially sound and effective agency. To ensure that we are operating in an efficient and transparent manner, DYF hires RINA Accountancy every year to do a complete audit of our annual financial statement. Annual audits are conducted each year to review our previous fiscal year. DYF's fiscal year runs from January 1 to December 31st. 2007 revenue figures and expense allocations reflect an accurate picture of the cost of providing all the services and programs of the agency, including our Bearskin Meadow Camp programs and all our year-round activities. This year, we spent just over 82% of all funds directly on programs and services and only 18% is used for fundraising and the administration of the agency. DYF is very proud that for the last 8 years, our audited financial information states that between 82% to 87% of all funds raised goes directly to our programs and services. For a copy of our 2007 Audit that was conducted by RINA Accountancy, an outside auditing firm, please click the link below.
2007 Financial Information
All excess funds from 2007 have been allocated to the Campaign to Renovate Bearskin Meadow Camp as per the instruction of the donors. 2007 DYF AUDITED FINANCIAL STATEMENT(pdf)
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Diabetic
Youth Foundation 5167 Clayton Road, Suite F, Concord, CA 94521 Phone (925) 680-4994 Fax (925) 680-4863 Emails: info@dyf.org |