Financial Statement
Fiscal Year Profit and Loss
July 1, 1996 through June 30, 1997

Income
GCRG Income
Membership $55,359
Contributions and Grants
Adopt a Beach 6,885
Bremner Fund 4,322
General 16,510
Total Contributions 27,717
First Aid Class 12,018
Resource Trip Grants 4,375
Interest 202
Bad Checks (30)
Reimbursements 1,404
Total GCRG Income $101,045
GTS Contributions 15,324
Sales 8,263
Total Income $124,632

Less Cost of Goods Sold 5,512
Gross Income $119,120

Expense
Bremner Fund 2,611
Contract Labor 118
Depreciation 6,115
Diem Payments 90
Donations and Gifts 143
First Aid Class 11,808
GTS Expense 15,614
Insurance 790
Internet 677
Meeting Expense 1,582
Office Supplies 1,949
Payroll Expense 10,679
Postage 8,783
Printing 21,689
Professional Fees 10
Projects 15,386
Rent 4,414
Repairs 505
Resource Trip 4,575
Service Charges 151
Subscriptions 201
Telephone 2,249
Travel 1,409
Utilities 366
Total Expense 111,914

Net Income 7,206

Balance Sheet
Current Assets
GCRG Cash Accounts 19,444
GTS Cash Account 2,609
Other Current Assets 2,244
Total Current Assets 24,297

Fixed Assets
Equipment 30,575
less Depreciation (-21,319)
Total Fixed Assets 9,256
Total Assets 33,553

Liabilities 599
Equity 32,954

Liabilities + Equity 33,553