Massachusetts Chess Association

General Fund Income Statement

September, 2002

 

 

 

 

 

 

 

 

 

 

 

This Period

Year to Date

Year to Date

 

 

 

 

 

This Year

Last Year

Income:

 

 

 

 

 

 

 

Memberships and subscriptions

$1,084.25

$1,515.45

$594.00

 

Chess Horizons ad revenue

($35.42)

$143.75

$715.50

 

Chess Horizons sales

$26.50

$141.30

$96.80

 

Scholastic tournaments

$1,413.00

$1,413.00

$0.00

 

Donations

 

$200.00

$200.00

$0.00

 

Sale of donated books

$0.00

$0.00

$49.90

 

Interest

 

 

$17.90

$55.89

$49.10

 

Dividends

 

 

$79.69

$346.96

$302.21

 

U.S. Open income

 

$0.00

$0.00

$2,922.00

 

Miscellaneous income

$0.00

$44.31

$15.30

 

 

 

 

 

 

 

 

Total income

 

$2,785.92

$3,860.66

$4,744.81

 

 

 

 

 

 

 

Expenses:

 

 

 

 

 

 

Chess Horizons

 

$1,158.36

$3,475.08

$3,708.82

 

Adult tournaments

 

$50.00

$50.00

($53.56)

 

Scholastic tournaments

$1,463.10

$1,463.10

$0.00

 

Player travel (Denker tournament)

$300.00

$300.00

$0.00

 

Insurance

 

 

$251.00

$251.00

$0.00

 

Administrative expenses

$19.02

$48.51

$202.33

 

Bad debts

 

$0.00

$250.00

$0.00

 

Miscellaneous expenses

$65.00

$65.00

$25.00

 

 

 

 

 

 

 

 

Total expenses

 

$3,306.48

$5,902.69

$3,882.59

 

 

 

 

 

 

 

Net income (loss)

 

 

($520.56)

($2,042.03)

$862.22

 

 

 

 

 

 

 

 

 

Massachusetts Chess Association

Special Funds Income Statement

September, 2002

 

 

 

 

 

 

 

Income:

 

 

 

 

 

 

 

Life Membership Fund

 

 

$175.00

 

 

Life memberships

 

$175.00

 

 

Future Year Membership Fund

 

 

$72.00

 

 

FY04

 

 

$36.00

 

 

 

FY05

 

 

$36.00

 

 

Living Memorial Chess Fund

 

 

$262.30

 

 

Interest

 

 

$1.02

 

 

 

Dividends

 

 

$92.19

 

 

 

Donations

 

$169.09

 

 

Comeau Fund, Interest

 

 

$1.03

 

Hurvitz Fund, Interest

 

 

 

$33.69

 

 

Interest

 

 

$4.16

 

 

 

Dividends

 

 

$29.53

 

 

Prison Chess Fund

 

 

 

$25.88

 

 

Interest

 

 

$0.88

 

 

 

Donations

 

$25.00

 

 

 

 

 

 

 

 

 

Total income

 

 

 

$569.90

 

 

 

 

 

 

 

Expenses:

 

 

 

 

 

 

FY03, Transfer to General Fund

 

 

$19.75

 

Living Memorial Chess Fund

 

 

$436.00

 

 

Player travel (Denker tournament)

($300.00)

 

 

 

Player travel (Greece)

$400.00

 

 

 

Chess equipment

 

$336.00

 

 

Hurvitz Fund, Interest

 

 

 

$19.43

 

 

Hurvitz Cup trophy expense

$19.43

 

 

Prison Chess Fund

 

 

 

$4.52

 

 

Program expenses

 

$1.52

 

 

 

Chess Horizons subscriptions

$3.00

 

 

Capital Equipment Fund, Depreciation expense

$14.54

 

 

 

 

 

 

 

 

Total expenses

 

 

 

$494.24

 

 

 

 

 

 

 

Net income (loss)

 

 

 

 

$75.66

 

Life Membership Fund

 

$175.00

 

 

Future Year Membership Fund

 

($19.75)

 

 

Living Memorial Chess Fund

 

($173.70)

 

 

Comeau Fund

 

 

$1.03

 

 

Hurvitz Fund, Interest

 

 

$14.26

 

 

Prison Chess Fund

 

 

$21.36

 

 

Capital Equipment Fund

 

($14.54)