Slipstream - November 2005

Financial Report thru June
by Jeff Atkins
Revenue Expenses Net
NATIONAL SUBSIDY
Membership 7,476.44
Parade '04 10,784.00
Total National 18,260.44
AUTOCROSS
Registrations 13,365.24
Track rental & expenses (9,146.00)
Total Autocross 4,219.24
CLUB RACE
Registrations&sponsorships 48,547.29
Track rental and expenses (41,193.47)
Total Club Race 7,353.82
DRIVER EDUCATION COURSES
Registrations&sponsorships 24,720.00
Track rental and expenses (20,724.15)
Total Driver Education Courses 3,995.85
SOCIAL
Dinner meeting registrations 2,030.00
Cost of food and supplies (2,631.45)
Total Meetings (601.45)
CHARITABLE DONATIONS
Donations (Parade 2004 proceeds) (10,000.00)
Total Charitable Donations (10,000.00)
GOODIE STORE
Sales 609.00
Inventory Purchases -
Total Goodie Store 609.00
SLIPSTREAM
Advertising income 3,190.67
Printing and postage (15,754.88)
Total Slipstream (12,564.21)
ADMINISTRATIVE
Bank charges (6.00)
C.D. interest 254.34
Administrative (1,113.68)
Board meetings (329.26)
Total Administrative (1,194.60)
EQUIPMENT PURCHASES
Truck -
Radios (550.00)
AX timer Display -
Flags - (550.00)
CHANGE IN NET ASSETS $9,528.09
PLUS BEGINNING OF YEAR
B of A Checking account 6,200.56
JPMC Checking account 34,771.80
JPMC Money Market 35,213.69
EQUALS END OF YEAR
B of A Checking account -
JPMC Checking account 50,446.11
JPMC Money Market 35,468.03
Outstanding Checks (200.00)
$85,714.14
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