Treasurers Reports
10-17-01
Balance Sheet
ASSETS: Cash in savings, Citizens Bank, N.H. $10,652.04 General Fund $2,993.74 Life Membership Fund $1,042.05 Future Year Membership Fund $305.50 Living Memorial Chess Fund $1,300.86 Comeau Fund $833.23 Hurvitz Fund, Principal $2,125.00 Hurvitz Fund, Interest $1,165.50 Prison Chess Fund $886.16 Cash in checking, Citizens Bank, N.H. (General Fund) $93.03 Cash at A.G. Edwards $3,903.61 General Fund $266.08 Hurvitz Fund, Interest $29.53 Life Membership Fund $3,000.00 Living Memorial Chess Fund $608.00 Long term investments $31,624.15 Life Membership Fund $19,249.04 Living Memorial Chess Fund $10,875.11 Hurvitz Fund, Principal $1,500.00 Advertising revenue receivable $1,119.50 Life Membership Fund, due from General Fund $6,300.00 Other accounts receivable $2,972.00 Prepaid expenses $2,093.97 Capital equipment less depreciation $125.99 Computer equipment $682.99 Computer software $132.95 Accumulated depreciation ($689.95) Total assets $58,884.29 LIABILITIES: Accounts payable $7.50 General Fund, due to Life Membership Fund $6,300.00 Unearned advertising revenue $823.75 Unearned tournament revenue $76.00 Reserve for tournament expenses $30.00 Total liabilities $7,237.25 FUND BALANCES: General Fund $2,301.07 Life Membership Fund $29,591.09 Future Year Membership Fund $305.50 FY02 $211.50 FY03 $80.00 FY04 $14.00 Living Memorial Chess Fund $12,783.97 Comeau Fund $833.23 Hurvitz Fund, Principal $3,625.00 Hurvitz Fund, Interest $1,195.03 Prison Chess Fund $886.16 Capital Equipment Fund $125.99 Total fund balances $51,647.04 Total liabilities and fund balances $58,884.29
Change in Funds Balance
Fund balance Plus: Plus: Fund balance Sep 01, 2001 Net Income Unrealized gain Sep 30, 2001 General Fund $171.55 $2,129.52 $2,301.07 Life Membership Fund $29,416.09 $175.00 $0.00 $29,591.09 Future Year memberships: FY02 $235.00 ($23.50) $211.50 FY03 $68.00 $12.00 $80.00 FY04 $14.00 $0.00 $14.00 Living Memorial Chess Fund $12,702.68 $81.29 $0.00 $12,783.97 Comeau Fund $831.53 $1.70 $833.23 Hurvitz Fund, Principal $3,625.00 $0.00 $0.00 $3,625.00 Hurvitz Fund, Interest $1,158.79 $36.24 $1,195.03 Prison Chess Fund $885.68 $0.48 $886.16 Capital Equipment Fund $141.04 ($15.05) $125.99 Total fund balances $49,249.36 $2,397.68 $0.00 $51,647.04
General Funds Income
This Month Year to Date Year to Date This Year Last Year Income: Memberships and subscriptions $256.00 $594.00 $1,144.50 Chess Horizons ad revenue $238.50 $715.50 $736.50 Chess Horizons sales $47.40 $96.80 $61.40 Adult tournaments $0.00 $0.00 $2,769.50 U.S. Open income $2,922.00 $2,922.00 $0.00 Sale of donated books $13.90 $49.90 $0.00 Interest $15.14 $49.10 $94.47 Dividends $40.69 $302.21 $375.04 Miscellaneous income $15.30 $15.30 $29.00 Total income $3,548.93 $4,744.81 $5,210.41 Expenses: Chess Horizons $1,280.60 $3,708.82 $5,490.01 Adult tournaments ($60.00) ($53.56) $2,070.54 Internet expenses $0.00 $0.00 $263.73 Administrative expenses $173.81 $202.33 $305.81 Insurance $0.00 $0.00 $700.00 Miscellaneous expenses $25.00 $25.00 $0.00 Total expenses $1,419.41 $3,882.59 $8,830.09 Net income (loss) $2,129.52 $862.22 ($3,619.68)
Special Fund Income
Income: Life Membership income $175.00 FY03 Membership income $12.00 Living Memorial Chess Fund $81.29 Interest $3.80 Dividends $77.49 Comeau Fund, Interest $1.70 Hurvitz Fund, Interest $36.24 Interest $6.71 Dividends $29.53 Prison Chess Fund, Interest $1.81 Total income $308.04 Expenses: FY02, Transfer to General Fund $23.50 Prison Chess Fund, Program expenses $1.33 Capital Equipment Fund, Depreciation expense $15.05 Total expenses $39.88 Net income (loss) $268.16 Life Membership Fund $175.00 Future Year memberships ($11.50) Living Memorial Chess Fund $81.29 Comeau Fund $1.70 Hurvitz Fund, Interest $36.24 Prison Chess Fund $0.48 Capital Equipment Fund ($15.05)