June 2009 Financial Reports
Balance Sheet
As of June 1, 2009
| ASSETS | |
|---|---|
| Current Assets | |
| Checking/Savings | |
| 2009 NABC Checking Account | 30,291.62 |
| Amegy CDs | 48,279.43 |
| Amegy Checking | |
| Lynne Graham Fund | 668.73 |
| Mary Lee Bentley Fund | 672.59 |
| Amegy Checking - Other | 64,121.55 |
| Total Amegy Checking | 65,462.87 |
| Amegy Money Market | 431.26 |
| Total Checking/Savings | 144,465.18 |
| Total Current Assets | 144,465.18 |
| 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 | 1,209.48 |
| Cups, Glasses & Trophies | 961.64 |
| Deposits with others | 9,550.00 |
| Hospitality | 312.50 |
| LM Plaques | 949.00 |
| Supplies | 3,718.49 |
| Total Prepaid Expenses | 16,701.11 |
| Total Other Assets | 16,701.11 |
| TOTAL ASSETS | 162,092.26 |
| LIABILITIES & EQUITY | |
| Equity | |
| Opening Bal Equity | 102,103.99 |
| Retained Earnings | 27,285.56 |
| Net Income | 32,702.71 |
| Total Equity | 162,092.26 |
| TOTAL LIABILITIES & EQUITY | 162,092.26 |
Profit & Loss by Class
Jan 1 - June 1, 2009
Other Tourn |
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| APR SEC | EDUCATION | G&A | JUN SEC | NABC | GNT | OTHER | STAC | Total | REGIONAL | Social Bridge | TOTAL | |
| Income | ||||||||||||
| Educ. Rev. | ||||||||||||
| Book Sales | 0.00 | 3,889.46 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3,889.46 |
| Total Educ. Rev. | 0.00 | 3,889.46 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3,889.46 |
| Other Rev. | ||||||||||||
| Directory ad sales | 0.00 | 0.00 | 500.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 500.00 |
| Interest | 0.00 | 0.00 | 4.56 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.56 |
| Membership Dues Sharing | 0.00 | 0.00 | 4,349.85 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4,349.85 |
| Other | 0.00 | 0.00 | 97.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 97.25 |
| Total Other Rev. | 0.00 | 0.00 | 4,951.66 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4,951.66 |
| Tourn. Rev. | ||||||||||||
| Event Name Sales | 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 | 45,546.00 | 0.00 | 2,184.20 | 0.00 | 2,184.20 | 0.00 | 0.00 | 47,730.20 |
| Table Fees | 20,880.00 | 0.00 | 0.00 | 0.00 | 0.00 | 935.00 | 0.00 | 5,716.00 | 6,651.00 | 124,134.00 | 1,700.00 | 153,365.00 |
| Total Tourn. Rev. | 20,880.00 | 0.00 | 0.00 | 0.00 | 45,546.00 | 935.00 | 2,184.20 | 5,716.00 | 8,835.20 | 125,969.00 | 1,700.00 | 202,930.20 |
| Total Income | 20,880.00 | 3,889.46 | 4,951.66 | 0.00 | 45,546.00 | 935.00 | 2,184.20 | 5,716.00 | 8,835.20 | 125,969.00 | 1,700.00 | 211,771.32 |
| Expense | ||||||||||||
| Educ. Exp. | ||||||||||||
| Book Purchases | 0.00 | 3,130.40 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3,130.40 |
| Total Educ. Exp. | 0.00 | 3,130.40 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3,130.40 |
| G&A | ||||||||||||
| Directory | 0.00 | 0.00 | 3,988.44 | 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 | 134.38 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 134.38 |
| Growth Initiatives | 0.00 | 0.00 | 40.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 40.99 |
| New Player Services | ||||||||||||
| 0-20 Game Subsidy | 0.00 | 0.00 | 1,015.00 | 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 | 607.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 607.25 |
| Novice classes | 0.00 | 0.00 | 282.29 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 282.29 |
| New Player Services - Other | 0.00 | 0.00 | 10.33 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.33 |
| Total New Player Services | 0.00 | 0.00 | 1,914.87 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,914.87 |
| Other G & A | 0.00 | 0.00 | 235.78 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 235.78 |
| Postage | 0.00 | 0.00 | 21.34 | 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 | 75.55 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 75.55 |
| Scorecard | 0.00 | 0.00 | 2,110.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,110.50 |
| Supplies warehousing | 0.00 | 0.00 | 1,950.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,950.00 |
| Total G&A | 0.00 | 0.00 | 10,471.85 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10,471.85 |
| Tourn Exp | ||||||||||||
| Advertising | 577.29 | 0.00 | 0.00 | 0.00 | 0.00 | 5.76 | 0.00 | 0.00 | 5.76 | 3,445.70 | 612.38 | 4,641.13 |
| Caddy expense | 1,015.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3,750.00 | 0.00 | 4,765.00 |
| Cashiers | 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 | 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 | 5,083.30 | 0.00 | 5,083.30 |
| Directors - Hotel | 671.90 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8,995.84 | 0.00 | 9,667.74 |
| Directors - Per Diem | 885.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5,103.50 | 0.00 | 5,988.50 |
| Directors - Session charges | 4,023.40 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 22,325.45 | 0.00 | 26,348.85 |
| Directors - Transportation | 798.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4,551.05 | 0.00 | 5,349.05 |
| District breakfast | 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 | 3,551.80 | 0.00 | 3,551.80 |
| Duplicated hands | 290.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 888.11 | 0.00 | 1,178.11 |
| Free plays | 218.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 508.00 | 0.00 | 726.00 |
| Hand Records | 56.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 112.00 | 112.00 | 144.00 | 0.00 | 312.00 |
| Hospitality | 116.78 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,773.08 | 86.36 | 2,976.22 |
| I/N services | 20.54 | 0.00 | 67.43 | 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 | -9,993.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9,993.00 | 0.00 | 0.00 |
| Other | 0.00 | 0.00 | 0.00 | 0.00 | 21,458.38 | 0.00 | 0.00 | 30.56 | 30.56 | 490.52 | 0.00 | 21,979.46 |
| Player meals | 3,298.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 14,022.00 | 1,937.65 | 19,257.65 |
| Playing Site | 7,905.00 | 0.00 | 0.00 | 3,880.00 | 0.00 | 400.00 | 0.00 | 0.00 | 400.00 | 9,778.50 | 550.00 | 22,513.50 |
| Printing | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,198.00 | 0.00 | 1,268.00 |
| Refreshments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2,520.00 | 0.00 | 2,520.00 |
| Rooms | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 285.00 | 0.00 | 2,875.82 | 3,160.82 | 10,477.81 | 0.00 | 14,999.99 |
| Sectional surcharge | 165.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 165.00 |
| Security | 725.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 725.00 |
| Student discounts | 5.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 220.00 | 0.00 | 225.00 |
| Supplies | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,268.50 | 0.00 | 1,268.50 |
| Supplies - Transportation | 524.40 | 0.00 | 283.20 | 0.00 | 0.00 | 0.00 | 283.20 | 0.00 | 283.20 | 709.20 | 261.00 | 2,061.00 |
| Tips | 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 | 22,725.67 | 0.00 | 350.63 | 3,880.00 | 11,465.38 | 690.76 | 283.20 | 3,018.38 | 3,992.34 | 119,463.04 | 3,589.30 | 165,466.36 |
| Total Expense | 22,725.67 | 3,130.40 | 10,822.48 | 3,880.00 | 11,465.38 | 690.76 | 283.20 | 3,018.38 | 3,992.34 | 119,463.04 | 3,589.30 | 179,068.61 |
| Net Income | -1,845.67 | 759.06 | -5,870.82 | -3,880.00 | 34,080.62 | 244.24 | 1,901.00 | 2,697.62 | 4,842.86 | 6,505.96 | -1,889.30 | 32,702.71 |
