The Illini 4000 made many strides forward this year, with the fiscal front being no exception. First and foremost, the organization was able to greatly increase the amount of donations taken in. In FY 2008(11/1/2008-10/31/2009), the Illini 4000 took in $66,159.00 in donations, whereas in FY 2009 (11/1/2009-10/31/2010), it took in $118,526.13 in donations (a 94% increase). In addition to being able to increase its revenue, the organization also increased its efficiency. In FY 2008, the organization paid out in grants 90.69% of the donations it took in. In FY 2009, the organization improved that number to 92.81%.This past fiscal year, the Illini 4000 donated a total of $100,000 to the American Cancer Society (ACS). In April of this year, the Illini 4000 made an early $20,000 donation to ACS, earmarked for patient services, and the Coleman Foundation matched 50% of this donation. On October 31, 2010 the Illini 4000 donated $80,000 to ACS, earmarked for cancer research, and donated $10,000 to Camp Kesem.Overall, the Illini 4000 enjoyed rich financial success this year, and plans to improve upon it even more in FY 2010.- Kyle LindsaySenior Treasurer2010 Bike America Team MemberFY 2009 Financial Statements