Mike Donnelly
As your new 4D Treasurer, I am pleased to submit the following Balance Sheet as of July 31, 2014, plus the Budget for the 2014-2015 fiscal year that was approved by the Board at its June 14, 2014 meeting.
| Balance Sheet as of 31 July 2014 | |||||
| Assets | |||||
| Checking/Savings | |||||
| Old Checking | $ 2,370.55 | ||||
| New Checking | $ 1,000.00 | ||||
| Savings | $ 29,276.70 | ||||
| CD Account | $ 30,961.16 | ||||
| PSX2004 Trust | $ 7,872.36 | ||||
| PNR2014 | $ 6,207.65 | ||||
| Total Checking/Savings | $ 77,688.42 | ||||
| Other Assets | |||||
| Prepaid Expense | $ 1,000.00 | Omni Trailer Downpayment | |||
| Total Current Assets | $ 78,688.42 | ||||
| Other Assets | |||||
| Patch Inventory | $ 419.31 | ||||
| Trailers/Videos | $ 7,680.52 | ||||
| Total Other Assets | $ 8,099.83 | ||||
| Total Assets | $ 86,788.25 | ||||
| Liabilities & Equity | |||||
| Liabilities | |||||
| HO Modular Liability | $ 2,591.59 | ||||
| PNR2014 Liability | $ 6,207.65 | ||||
| Total Liabilities | $ 8,799.24 | ||||
| Equity | |||||
| Prior Year | $ 80,453.56 | ||||
| Net Assets | -$750.00 | (Fast Track Jigs) | |||
| Net Income | -$1,714.55 | ||||
| Total Equity | $ 77,989.01 | ||||
| Total Liabilities & Equity | $ 86,788.25 | ||||
| Budget Fiscal Year 2014-2015 | ||
| Income | ||
| Cash from Savings | $ 5,636.00 | |
| Membership rebate | $ 1,600.00 | |
| Interest and Other Income | $ 400.00 | |
| Sales | $ 50.00 | |
| Spring Meet Income | $ 500.00 | |
| Science Center Income | $ 11,050.00 | |
| Ho Modular Income | $ 1,500.00 | |
| Total Income | $ 20,736.00 | |
| Expense | ||
| Admin | $ 1,000.00 | |
| Insurance -Directors & Officers | $ 1,500.00 | |
| Insurance-Trailers | $ 2,500.00 | |
| Bond for Bank Acct Signers | $ – | |
| Membership Promotion | $ 2,000.00 | |
| Publicisty (Public Relations) | $ 1,500.00 | |
| Wash State Vehicle Registration | $ 250.00 | |
| Website | $ 150.00 | |
| Spring Meet (Annual Meeting) | $ 500.00 | |
| Education | $ 1,000.00 | |
| Memberhip | $ 36.00 | |
| Science Center Show | $ 1,000.00 | |
| Video Library | $ 2,800.00 | |
| Bremertom Northern Modular Group | $ 1,000.00 | |
| Hi-Railers Modular Group | $ 1,000.00 | |
| HO Modular Group | $ 1,000.00 | |
| OmNi-Rail Modular Group | $ 1,000.00 | |
| NTRAK Modular Group | $ 1,000.00 | |
| East Side Clinic | $ 500.00 | |
| Seattle Clinic | $ 400.00 | |
| Skagit Clinic | $ 250.00 | |
| Tacoma Clinic | $ 100.00 | |
| Whidbey Clinic | $ 250.00 | |
| Total Expense | $ 20,736.00 | |
| Other Income Expense | ||
| OmNi-Rail Trailer | $ 9,486.00 | |
| Fast Track Jigs | $ 750.00 | |
| Total Other Expense | $ 10,236.00 | |
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