January 2005 Financial Statement
Year to Date (YTD)
As of February 9, 2005


INCOME      
Local Membership Income 180.00
National Membership Income 72.00
Showcase Income 2,269.05
Total Income 2,521.05
           
EXPENSES      
Showcase Expenses 1,283.35
Total Expenses 1,283.35

YTD Net Gain for January was $1,237.70.

Special note: I have done some work on a detailed financial analysis of the showcase, but I have not completed it. I expect to have it ready by the next board meeting. However, there is little doubt that the showcase was a financial success.

Abbreviated Balance Sheet  
Current checkbook balance in Regions Bank Account $4,370.72
Petty Cash 60.00
Total Significant Assets $4,430.72


Prepared by John Hightower, 2005 Treasurer.