| REVENUES |
EXPLANATION OF FINANCIAL CATEGORIES |
| Membership |
$4,095 |
Family, Single and One-Trip dues paid to the KSC |
| Advertising |
250 |
Sale of advertisements in the newsletter |
| Fund Raisers |
4,195 |
Proceeds from working concessions at the Civic Center, Dine-A-Mate sales and monthly Split-The-Pot |
| Miscellaneous |
___697 |
Interest earned on checking account & CD |
| TOTAL REVENUES |
$9,237 |
| Note: Trips Administrative fee for trip cancellations & actual trip profits are never budgeted |
| EXPENDITURES |
| Meetings |
$4,770 |
Room rental, food, beverages and door prizes |
| Administrative |
1,392 |
Web site, insurance, office supplies, postage, promotional expenses, CSC Fall Conference and other miscellaneous administrative expenses |
| Newsletter |
1,885 |
Publishing costs, postage and printing supplies |
| Fund Raisers |
1,725 |
Cost of Dine-A-Mate books |
| Miscellaneous |
___215 |
Secret Santa, Crescent dues and racings most valuable trophy |
| TOTAL EXPENDITURES |
$9,987 |
| Note: Trip losses [expenses exceeded income] are never budgeted |
| REVENUES OVER (UNDER) EXPENDITURES |
$(750
) |
|
|
|---|
| KANAWHA SKI CLUB |
| FISCAL YEAR 2004 |
|---|
| BALANCE SHEET |
|---|
| June 30, 2004 |
| ASSETS |
| Cash |
$7,317.50 |
| Receivables |
___1,938.00 |
| TOTAL ASSETS |
$9,255.53 |
| LIABILITIES, FUND BALANCE & OTHER CREDITS |
| LIABILITIES |
| Accounts Payable |
___ 757.31 |
| TOTAL LIABILITIES |
___ 757.31 |
| FUND BALANCE & OTHER CREDITS |
| Fund Balance: Undesignated |
8,498.19 |
| TOTAL LIABILITIES, FUND BALANCE & OTHER CREDITS |
$9,255.50 |
|
|---|
| KANAWHA SKI CLUB |
| FISCAL YEAR 2004 |
|---|
| STATEMENT OF REVENUES & EXPENDITURES |
|---|
| June 30, 2004 |
| REVENUES |
| Membership |
$4,080.00 |
| Trips |
156.31 |
| Advertising |
250.00 |
| Fund Raisers |
4,089.15 |
| Miscellaneous |
___828.94 |
| TOTAL REVENUES |
9,404.40 |
| EXPENDITURES |
| Meetings |
4,223.47 |
| Administrative |
1,227.40 |
| Newsletter |
1,733.47 |
| Trips |
0.00 |
| Racing |
86.28 |
| Fund Raisers |
1,870.00 |
| Miscellaneous |
__167.12 |
| TOTAL EXPENDITURES |
9,307.74 |
| EXCESS (DEFICIENCY) OF REVENUES OVER EXPENDITURES |
96.66 |
| FUND BALANCE: Beginning of Year |
8,401.53 |
| FUND BALANCE: End of Year |
$8,498.19 |