Financials

STATEMENT OF FINANCIAL POSITION     

Year Ended 6/30/01 

INCOME AND EXPENSES

REVENUES            

Culture Quest                             287.50

Entertainment 2000 Books          70.00

Funds from National               6,522.10

Testing Income                          100.00

TOTAL REVENUES              6,979.60

EXPENSES             

FORUM  

Food-Misc Exp                           10.00

Forum-Supplies                           7.54

TOTAL FORUM                        17.54

                  

MEMBERSHIP EXPENSES:            

P.O. Box Exp                           133.00

Telephone Exp                         565.89

TOTAL MEMBERSHIP          698.89

               

MISCELLANEOUS                  87.96

               

NEW MEMBERS:   

Letters-Postage                        133.22

Website Expense                       30.00

TOTAL NEW MEMBERS     163.22

               

NEWSLETTER:     

2nd Class Post                         988.55

FSM Food Exp                        330.00

Printing                                2,435.00

TOTAL NEWSLETTER     3,753.55

               

SCHOLARSHIP EXP.            300.00

               

SEMINARS                            600.00

THANKSGIVING                    52.72

               

TOTAL EXPENSES            5,673.88

               

CHANGE IN NET ASSETS

                                            1,305.72

               

ASSETS AND LIABILITIES         

               

CURRENT ASSETS

Checking Account              5,645.83

2002 AG Loan                    3,500.00

2nd Class Post.                      290.52

Petty Cash                                                0.00

Prepaid PO Box Exp               38.00

Total Current Assets           9,474.35

               

PROPERTY & EQUIP- AT COST  

Freezer                                  213.59

Total Property & Equip.       213.59

               

TOTAL ASSETS              9,687.94

               

TOTAL  LIABILITIES           0.00

               

NET ASSETS                   9,687.94