September 2009 Financial Reports
Balance Sheet
As of August 31, 2009
| ASSETS | |
|---|---|
| Current Assets | |
| Checking/Savings | |
| Amegy CDs | 103,449.26 |
| Amegy Checking | |
| Lynne Graham Fund | 668.73 |
| Mary Lee Bentley Fund | 672.59 |
| Amegy Checking - Other | 22,232.89 |
| Total Amegy Checking | 23,574.21 |
| Amegy Money Market | 431.28 |
| Cash | 94.00 |
| Total Checking/Savings | 127,548.75 |
| Total Current Assets | 127,548.75 |
| Fixed Assets | |
| Bridge Tables & Bidding Boxes | 18,454.82 |
| Bridge Tables & Boxes-Accum Dpr | -18,454.82 |
| Tournament Equipment | 5,553.52 |
| Tournament Equipment-Accum Depr | -4,627.55 |
| Total Fixed Assets | 925.97 |
| Other Assets | |
| Prepaid Expenses | |
| Books on Hand | 3,254.94 |
| Cups, Glasses & Trophies | 937.64 |
| Deposits with others | 6,400.00 |
| Hospitality | 312.50 |
| LM Plaques | 949.00 |
| Supplies | 2,929.91 |
| Total Prepaid Expenses | 14,783.99 |
| Total Other Assets | 14,783.99 |
| TOTAL ASSETS | 143,258.71 |
| LIABILITIES & EQUITY | |
| Equity | |
| Opening Bal Equity | 102,103.99 |
| Retained Earnings | 27,285.56 |
| Net Income | 13,869.16 |
| Total Equity | 143,258.71 |
| TOTAL LIABILITIES & EQUITY | 143,258.71 |
Profit & Loss by Class
Jan 1 - August 31, 2009
Other Tourn |
||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| April Sect | August Sect | Education | G&A | June Sect | NABC | GNT | NAOP | Other | STAC | Total | Regional | Social Bridge | Total | |
| Income | ||||||||||||||
| Educ. Rev. | ||||||||||||||
| Book Sales | 0.00 | 0.00 | 4,934.46 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4,934.46 |
| Total Educ. Rev. | 0.00 | 0.00 | 4,934.46 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4,934.46 |
| Other Rev. | ||||||||||||||
| Directory ad sales | 0.00 | 0.00 | 0.00 | 500.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 500.00 |
| Interest | 0.00 | 0.00 | 0.00 | 736.32 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 736.32 |
| Membership Dues Sharing | 0.00 | 0.00 | 0.00 | 6,234.61 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6,234.61 |
| Other | 0.00 | 0.00 | 0.00 | 130.80 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 130.80 |
| Total Other Rev. | 0.00 | 0.00 | 0.00 | 7,601.73 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7,601.73 |
| Tourn. Rev. | ||||||||||||||
| Event Name Sales | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,835.00 | 0.00 | 1,835.00 |
| Other revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 158,936.00 | 0.00 | 0.00 | 2,184.20 | 0.00 | 2,184.20 | 0.00 | 0.00 | 161,120.20 |
| Table Fees | 20,880.00 | 26,640.00 | 0.00 | 0.00 | 23,084.00 | 0.00 | 935.00 | 0.00 | 0.00 | 5,716.00 | 6,651.00 | 124,134.00 | 1,700.00 | 203,089.00 |
| Total Tourn. Rev. | 20,880.00 | 26,640.00 | 0.00 | 0.00 | 23,084.00 | 158,936.00 | 935.00 | 0.00 | 2,184.20 | 5,716.00 | 8,835.20 | 125,969.00 | 1,700.00 | 366,044.20 |
| Total Income | 20,880.00 | 26,640.00 | 4,934.46 | 7,601.73 | 23,084.00 | 158,936.00 | 935.00 | 0.00 | 2,184.20 | 5,716.00 | 8,835.20 | 125,969.00 | 1,700.00 | 387,580.39 |
| Expense | ||||||||||||||
| Educ. Exp. | ||||||||||||||
| Book Purchases | 0.00 | 0.00 | 3,987.40 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3,987.40 |
| Total Educ. Exp. | 0.00 | 0.00 | 3,987.40 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3,987.40 |
| G&A | ||||||||||||||
| Advertising | 0.00 | 0.00 | 0.00 | 22.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 22.01 |
| Directory | 0.00 | 0.00 | 0.00 | 3,988.44 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3,988.44 |
| Election exp | 0.00 | 0.00 | 0.00 | 414.38 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 414.38 |
| Growth Initiatives | 0.00 | 0.00 | 0.00 | 40.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 40.99 |
| Membership | 0.00 | 0.00 | 0.00 | 69.62 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 69.62 |
| NABC Subsidy | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,000.00 | 0.00 | 0.00 | 0.00 | 1,000.00 | 0.00 | 0.00 | 1.000.00 |
| New Player Services | ||||||||||||||
| 0-20 Game Subsidy | 0.00 | 0.00 | 0.00 | 1,015.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,015.00 |
| Mentor game subsidy | 0.00 | 0.00 | 0.00 | 1,006.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,006.25 |
| Novice classes | 0.00 | 0.00 | 0.00 | 382.29 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 382.29 |
| New Player Services - Other | 0.00 | 0.00 | 0.00 | 55.71 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 101.59 | 157.30 |
| Total New Player Services | 0.00 | 0.00 | 0.00 | 2,459.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 101.59 | 2,580.84 |
| Other G & A | 0.00 | 0.00 | 0.00 | 379.78 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 379.78 |
| Postage | 0.00 | 0.00 | 0.00 | 21.34 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 21.34 |
| Prizes and awards | 0.00 | 0.00 | 0.00 | 75.55 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 75.55 |
| Scorecard | 0.00 | 0.00 | 0.00 | 3,208.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3,208.50 |
| Supplies warehousing | 0.00 | 0.00 | 0.00 | 3,120.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3,120.00 |
| Total G&A | 0.00 | 0.00 | 0.00 | 13,799.86 | 0.00 | 0.00 | 1,000.00 | 0.00 | 0.00 | 0.00 | 1,000.00 | 0.00 | 101.59 | 14,901.45 |
| Tourn Exp | ||||||||||||||
| Advertising | 297.29 | 8.40 | 0.00 | 55.98 | 298.57 | 0.00 | 5.76 | 16.37 | 0.00 | 0.00 | 22.13 | 3,445.70 | 153.09 | 4,281.16 |
| Caddy expense | 1,015.00 | 1,433.26 | 0.00 | 0.00 | 1,304.38 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3,750.00 | 0.00 | 7,502.64 |
| Cashiers | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,680.00 | 0.00 | 1,680.00 |
| Concession coupons | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,659.00 | 0.00 | 2,659.00 |
| Daily Bulletin | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5,083.30 | 0.00 | 5,083.30 |
| Directors - Hotel | 671.90 | 1,145.43 | 0.00 | 0.00 | 833.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8,995.84 | 0.00 | 11,646.21 |
| Directors - Per Diem | 885.00 | 1,091.50 | 0.00 | 0.00 | 885.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5,103.50 | 0.00 | 7,965.00 |
| Directors - Session charges | 4,023.40 | 4,499.95 | 0.00 | 0.00 | 4,051.75 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 22,325.45 | 0.00 | 34,900.55 |
| Directors - Transportation | 798.00 | 1,112.16 | 0.00 | 0.00 | 927.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4,551.05 | 0.00 | 7,388.21 |
| District breakfast | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 496.16 | 0.00 | 496.16 |
| District Fees | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3,551.80 | 0.00 | 3,551.80 |
| Duplicated hands | 290.00 | 282.00 | 0.00 | 0.00 | 170.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 888.11 | 0.00 | 1,630.11 |
| Free plays | 218.00 | 250.00 | 0.00 | 0.00 | 271.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 508.00 | 0.00 | 1,247.00 |
| Hand Records | 56.00 | 56.00 | 0.00 | 0.00 | 56.00 | 0.00 | 0.00 | 0.00 | 0.00 | 112.00 | 112.00 | 144.00 | 0.00 | 424.00 |
| Hospitality | 116.78 | 72.79 | 0.00 | 0.00 | 403.30 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,773.08 | 86.36 | 3,452.31 |
| I/N services | 20.54 | 0.00 | 0.00 | 67.43 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 787.14 | 116.91 | 992.02 |
| National surcharge | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -9,993.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9,993.00 | 0.00 | 0.00 |
| Other | 0.00 | -0.79 | 0.00 | 0.00 | 0.46 | 165,140.00 | 0.00 | 0.00 | 0.00 | 30.56 | 30.56 | 490.52 | 0.00 | 165,661.54 |
| Player meals | 3,298.00 | 0.00 | 0.00 | 0.00 | 3,451.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 14,022.00 | 1,937.75 | 22,708.95 |
| Playing Site | 7035.00 | 4,886.78 | 0.00 | 0.00 | 6,230.00 | 0.00 | 400.00 | 0.00 | 0.00 | 0.00 | 400.00 | 9,778.50 | 550.00 | 28,860.28 |
| Printing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 324.72 | 0.00 | 324.72 |
| Prizes and awards | 70.00 | 168.00 | 0.00 | 0.00 | 162.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,198.00 | 0.00 | 1,598.00 |
| Refreshments | 0.00 | 1,650.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,520.00 | 0.00 | 4,170.11 |
| Rooms | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,518.66 | 0.00 | 1,518.66 |
| Sanction fee | 1,361.36 | 1,909.50 | 0.00 | 0.00 | 1,515.80 | 0.00 | 285.00 | 0.00 | 0.00 | 2,875.82 | 3,160.82 | 10,477.81 | 0.00 | 18,425.29 |
| Sectional surcharge | 165.00 | 165.00 | 0.00 | 0.00 | 165.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 495.00 |
| Security | 725.00 | 0.00 | 0.00 | 0.00 | 712.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,437.50 |
| Student discounts | 5.00 | 65.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 220.00 | 0.00 | 290.00 |
| Supplies | 238.00 | 333.75 | 0.00 | 0.00 | 265.00 | 0.00 | 0.00 | 0.00 | 518.00 | 0.00 | 518.00 | 1,268.50 | 0.00 | 2,623.25 |
| Supplies - Transportation | 524.40 | 0.00 | 0.00 | 0.00 | 524.40 | 0.00 | 0.00 | 0.00 | 566.40 | 0.00 | 566.40 | 709.20 | 261.00 | 2,585.40 |
| Tips | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 200.00 | 25.00 | 225.00 |
| Total Tourn Exp | 21,813.67 | 19,108.64 | 0.00 | 123.41 | 22,226.40 | 155,147.00 | 690.76 | 16.37 | 1,084.40 | 3,018.38 | 4,809.91 | 119,463.04 | 3,130.11 | 345,822.38 |
| Total Expense | 21,813.67 | 19,108.64 | 3,987.40 | 13,923.27 | 22,226.40 | 155,147.00 | 1,690.76 | 16.37 | 1,084.40 | 3,018.38 | 5,809.91 | 119,463.04 | 3,231.70 | 364,711.23 |
| Net Income | -933.67 | 7,531.16 | 947.06 | -6,321.54 | 857.60 | 3,789.00 | -785.76 | -16.37 | 1,099.80 | 2,697.62 | 3,026.29 | 6,505.96 | -1,531.70 | 13,869.16 |
