MoF Report 2008 06 24

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Note: This report was submitted late and reflects our position on the date of the report (Tuesday)

Financial Statements

Statement of Financial Position

Assets Unrestricted Restricted Total
CURRENT ASSETS
Cash (Checking) $950.91 $82.43 $1033.44
Cash (PayPal) $1,032.61 $1,032.61
Cash (Cash Box) $610.00 $610.00
OTHER ASSETS
Security Deposit $850.00 $850.00
Total Assets $3,443.53 $82.43 $3,525.95
Liabilities and Net Assets Unrestricted Restricted Total
CURRENT LIABILITIES
Prepaid Dues $250.00 $250.00
Total Liabilities $250.00 $250.00
NET ASSETS
Total Net Assets $3,193.52 $82.43 $3,275.95

Statement of Financial Position

Unrestricted Restricted Total
REVENUE AND OTHER SUPPORT
Member Dues $3,200.00 $3,200.00
Donation Income $3,022.23 $82.43 $3,104.66
Incorporators Contributions $1,750.00 $1,750.00
Other Income $3.75 $3.75
Total Revenue and Other Support $7,975.98 $82.43 $8,058.41
EXPENSES (Supporting)
Rent $2,550.00 $2,550.00
Insurance $0.00 $0.00
Network & Hosting $122.51 $122.51
Equipment $1,003.91 $1,003.91
Supplies $59.16 $59.16
Transportation (Supplies) $204.03 $204.03
Volunteer Meals $50.00 $50.00
Incorporation Costs $84.66 $84.66
Sponsorships $500.00 $500.00
Bank Fees $208.19 $208.19
Total Expenses $4,782.46 $4,782.46
Increase (Decrease) in Net Assets $3,193.52 $82.43 $3,275.95