Audited Financial Statements
Girl Scouts – Diamonds of Arkansas, Oklahoma and Texas Council strives to live by the Girl Scout Law and use resources wisely. We accomplish this through careful planning and monitoring of our budget. With the vision and direction of the Board of Directors, the council’s leadership develops key priorities and a three-year strategic plan. This strategic plan guides our budget process and ultimately the allocation of resources.
We believe transparency and open dialogue with our stakeholders regarding how resources are used are very important. To better inform our stakeholders about our financial position, we have made our most recent 2015 Audited Financial Statements available for review. The council engages in an independent external audit annually based on our membership year (October 1 – September 30). Our most recent audit was for the 2015 membership year, and the auditors issued an unmodified or “clean” opinion for the Girl Scouts – Diamonds of Arkansas, Oklahoma and Texas. A clean opinion means that the financial records present a fair and accurate picture of the organization’s finances.
We are sharing the 2015 Audited Financial Statements in their entirety because we do not want to dilute the information for those who are accustomed to reviewing financial documents. For those not familiar with financial reports, the Guide to Financial Statements below provides some additional information to help you navigate the council’s financial statements. In addition to our financial statements, we have included the IRS Form 990s for the previous five years.
To use an accounting term, the bottom line is that in any and all decisions we make, including financial ones, we always ask, “what is best for the girls?” Girl Scouts – Diamonds of Arkansas, Oklahoma and Texas is in a strong and sound financial position, and is poised to continue on that path, guided by our forward-thinking Board of Directors and by our unwavering commitment to build girls of courage, confidence, and character, who make the world a better place.