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Massachusetts Chess Association |
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General Fund Income Statement |
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December, 2002 |
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This Period |
Year to Date |
Year to Date |
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This Year |
Last Year |
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Income: |
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Memberships and
subscriptions |
$589.95 |
$3,644.50 |
$2,403.30 |
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Chess Horizons ad revenue |
$242.91 |
$872.50 |
$2,534.75 |
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Chess Horizons sales |
$61.40 |
$210.70 |
$154.20 |
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Adult tournaments |
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$2,170.50 |
$4,403.50 |
$4,777.50 |
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Scholastic tournaments |
$1,536.00 |
$4,592.00 |
$2,726.00 |
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Donations |
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$0.00 |
$200.00 |
$0.00 |
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Sale of donated books |
$0.00 |
$0.00 |
$49.90 |
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Interest |
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$6.35 |
$75.81 |
$89.85 |
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Dividends |
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$117.37 |
$853.51 |
$690.66 |
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U.S. Open income |
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$0.00 |
$0.00 |
$2,922.00 |
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Miscellaneous income |
$0.00 |
$60.91 |
$30.34 |
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Total income |
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$4,724.48 |
$14,913.43 |
$16,378.50 |
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Expenses: |
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Chess Horizons |
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$1,200.59 |
$7,076.87 |
$7,939.44 |
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Adult tournaments |
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$1,708.67 |
$3,553.31 |
$3,556.94 |
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Scholastic tournaments |
$1,380.39 |
$4,357.08 |
$1,188.53 |
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Player travel (Denker
tournament) |
$0.00 |
$300.00 |
$0.00 |
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Internet |
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$0.00 |
$57.85 |
$174.82 |
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Insurance |
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$0.00 |
$1,004.00 |
$0.00 |
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Administrative expenses |
$20.11 |
$147.22 |
$266.39 |
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Bad debts |
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$0.00 |
$250.00 |
$0.00 |
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Miscellaneous expenses |
$0.00 |
$215.00 |
$165.00 |
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Total expenses |
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$4,309.76 |
$16,961.33 |
$13,291.12 |
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Net income (loss) |
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$414.72 |
($2,047.90) |
$3,087.38 |
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Massachusetts Chess Association |
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Special Funds Income Statement |
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December, 2002 |
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Income: |
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Life Membership Fund |
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$175.00 |
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Life memberships |
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$175.00 |
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Future Year Membership
Fund |
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$12.00 |
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FY04 |
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$12.00 |
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Living Memorial Chess Fund |
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$132.62 |
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Interest |
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$0.52 |
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Dividends |
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$132.10 |
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Comeau Fund, Interest |
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$0.91 |
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Hurvitz Fund, Interest |
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$33.22 |
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Interest |
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$3.69 |
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Dividends |
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$29.53 |
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Prison Chess Fund |
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$104.17 |
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Subscriptions |
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$4.00 |
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Donations |
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$100.00 |
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Interest |
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$0.17 |
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Total income |
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$457.92 |
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Expenses: |
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FY03, Transfer to General
Fund |
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$19.75 |
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Prison Chess Fund |
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$20.00 |
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Transfer to General Fund |
$20.00 |
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Capital Equipment Fund,
Depreciation expense |
$14.54 |
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Total expenses |
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$54.29 |
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Net income (loss) |
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$403.63 |
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Life Membership Fund |
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$175.00 |
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Future Year Membership
Fund |
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($7.75) |
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Living Memorial Chess Fund |
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$132.62 |
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Comeau Fund |
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$0.91 |
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Hurvitz Fund, Interest |
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$33.22 |
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Prison Chess Fund |
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$84.17 |
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Capital Equipment Fund |
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($14.54) |
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Massachusetts Chess Association |
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Statement of Changes in Fund
Balances |
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December, 2002 |
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Fund balance |
Plus: |
Plus: |
Fund balance |
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12-1-2002 |
Net Income |
Unrealized gain |
12-31-2002 |
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General Fund |
$7,061.27 |
$414.72 |
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$7,475.99 |
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Life Membership Fund | |||||