2006 Financial Statement

January-December 2006

Beginning Balance
  Checking:                                                 $  48,437.36
  CD:                                                           $  30,462.87
 
Income:
  Memberships:                                           $  32,229.54
  Mailing list rentals:                                    $    1,425.00
  Interest income:                                        $    1,062.40
  Donations:                                                $       750.00
  Miscellaneous:                                          $       120.00

Total Income:                                            $  35,586.94
 

Expenses:
  Salary Managing Director                          $  24,160.02
  Employer SS/Medicare                              $    1,831.13
  Postage                                                     $    2,558.74
  Printing/Copying                                        $    3,534.87
  ISLE Expenses                                          $    8,401.00
  Online Bibliography annual fee                 $       552.00
  Off Year Conference Seed Grants            $    3,952.96
  EC Retreat Expenses                                $    3,597.47
  Credit card & banking fees                        $       330.20
  Conference 2007                                      $    1,479.00
  Supplies                                                    $       477.32
  Marketing (AWP Conference)                   $       300.00

Total Expenses:                                        $  51,174.71
 
2006 Income (Loss):                                 $ (15,587.77)
 
Ending Balance (Checking):                        $  31,870.10
Ending Balance (CD):                                  $  31,603.69
Total Assets:                                              $  63,473.79