GCRG Financials

Profit & Loss Statement
Fiscal Year 2000
Income
Membership income $48,227.50
General contributions 22,167.46
gts income & grants 14,802.06
First aid class income 12,610.00
bqr grants 7,000.00
Adopt-a-beach grants 6,300.00
amwg/twg grants 2,000.00
Sales (t-shirts, hats, etc) 3,548.00
gts overhead reimbursement 1,232.35
Interest income 731.18
Total Income $120,618.55Expense
bqr (editing, printing, postage) $31,631.39
Payroll expenses 18,828.06
gts expenses 13,632.83
First aid class expenses 11,622.66
Rent 7,200.00
Adopt-a beach 8,098.96
amwg/twg 4,039.85
Postage 3,266.76
Depreciation expense 3,177.00
Meeting expense 2,835.81
Cost of sales 2,251.93
Printing 1,611.41
Telephone 1,593.40
Office supplies 1,462.16
Payroll taxes 1,352.76
Utilities 877.76
Repairs 707.88
Other (bank charges, etc…) 466.22
Internet 436.86
Insurance 270.14
Contract labor 187.50
Total Expense $115,551.34
Net Income $5,067.21

Note:
Profit & Loss Statement does not reflect hundreds of hours of donated services for bqr proofreading, IRS annual report, Guides Training Seminar, website maintenance, clerical help, donated equipment, etc…
Balance Sheet as of 6/30/00
Assets
Cash in checking/money market $35,719.65
Postage & securing deposits 2,205.59
Total Current Assets $37,925.24
Fixed Assets
Computer & office equipment $35,819.92
Less depreciation –31,293.19
Net Fixed Assets $4,526.73
Liabilities & Equity
Payroll liabilities $507.61
Restricted funds 277.64
Equity 41,666.72
Total Liabilities & Equity $42,451.97

General members 1,078
Guide members 793
Circulation 1,954