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Boys & Girls Clubs’ auction exceeds goal

Published on Tue, Nov 16, 2010
Read More News

Sequim Gazette staff

Preliminary results show the Boys & Girls Clubs of the Olympic Peninsula grossed about $200,000 at its 22nd annual auction. Staff and board members’ goal was $170,000.

 

Jerry Sinn, the clubs’ board president, said it was a great auction and one of the best-attended events they’ve ever had.

 

“The energy in the room was terrific,” Sinn said. “I can’t do enough to thank the folks that supported the kids.”

 

More than 400 items were auctioned and attendees gave about $65,000 toward club memberships and Snack Attack, the after-school food program.

 

“We are really pleased,” said Mary Budke, the clubs’ executive director. “We are so thankful for those who support the children.”

 

Sinn said the clubs’ next step is rebuilding reserves.

 

“We’ve had a net operating loss for three years in a row,” he said. “That’s why our reserves have been eaten up. This year, our goal is that we ended up with net positive cash. Our revenues will exceed expenses, not by a lot, but a little, which is important.”

 

This year, the clubs in Port Angeles and Sequim have reduced their expenses and staff intends to bring costs down again.

 

In addition to rebuilding reserves, Sinn said they plan to look into new issues such as building a new club in Port Angeles.

 

For more information on the Boys & Girls Clubs of the Olympic Peninsula, call 683-8095.

 

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