Profit and Loss Statement
Fiscal Year 1999
Income
Membership income $44,590.97
General contributions 17,623.59
GTS income & grants 14,645.00
Adopt-a-Beach grants 9,110.00
First aid class income 8,345.00
BQR grants 6,000.00
Sales (t-shirts, hats, etc.) 5,095.50
AMWG/TWG grants 2,000.00
Other grants 1,349.02
Whale Foundation contributions 470.00
Interest income 413.36
Bremner Memorial contributions 100.00
Total Income $109,742.44
Expense
BQR (printing, postage, etc.) $26,460.75
Payroll expenses 16,230.30
GTS expenses 14,850.73
First aid class expense 8,642.73
Adopt-a-Beach 8,275.68
Rent 7,200.00
Bremner Memorial Fund (1) 5,023.74
Depreciation expense 4,508.00
Cost of sales 3,790.61
Whale Foundation transfer (2) 3,434.00
Postage 2,543.19
Meeting expense 2,337.81
Printing 2,318.06
AMWG/TWG 2,292.50
Telephone 1,692.66
Payroll taxes 1,673.46
Office supplies 1,621.40
Utilities 856.60
Internet 469.70
Insurance 309.00
Other (bank charges, dues, etc.) 509.67
Total Expense $115,040.59
Net Loss $ –5,298.15(1) Fund total transferred to Prescott
College (Dugald Bremner Memorial Scholarship.)
(2) Fund total transferred to Whale Foundation.
Note:
Profit & Loss Statement does not reflect hundreds of hours
of donated services for bqr layout, design and proofreading,
irs annual report, Guides Training Seminar, website development
and maintenance, plus donated equipment.
Net loss for fiscal year 1999 reflects pay-out of fund balances
for Bremner Memorial Fund and the Whale Foundation, totaling
$8,458 (gifts were largely received in the previous fiscal year).
Without these pay-outs, net income for the organization would
have been $3,160.
Balance Sheet as of 6/30/99
Assets
Cash in checking/money market $29,594.01
Postage & security deposits 2,512.00
Total Current Assets $32,106.01
Fixed Assets
Computer & office equipment $34,149.58
Less depreciation $ –28,116.19
Net Fixed Assets $6,033.39
Liabilities & Equity
Payroll liabilities $1,262.25
Equity 36,599.51
Total Liabilities & Equity $38,139.40
General Members 1,006
Guide Members 756
Circulation 3,259
|
