Minutes
June 18, 2009
May 21, 2009
April 16, 2009
March 5, 2009
February 19, 2009
January 15, 2009
2008 Minutes

|
| Cash |
$
2,656.35 |
|
|
Prepaid 09 Single memberships: |
$
66.69 |
| Cash, designated gift |
$ 150.00 |
|
|
Prepaid 10 Single memberships: |
$ 13.33 |
|
|
|
|
Prepaid 11 Single memberships: |
$ -
|
|
|
|
|
Prepaid 09 Family memberships: |
$ 23.34 |
|
|
|
|
Prepaid 10 Family memberships: |
$ -
|
|
|
|
|
Prepaid 11 Family memberships: |
$ -
|
|
|
|
|
|
|
| Total Assets |
$ 2,806.35 |
|
|
Total Liabilities |
$ 103.36 |
|
|
|
|
|
|
|
|
|
|
Net Worth |
$ 2,702.99 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Profit &
Loss |
|
|
Reconcilement of Net Worth |
|
| Single Memberships: |
|
$ 277.42 |
|
Net Worth 12-31-08 |
$ 2,534.87 |
| Family Memberships: |
|
$ 473.33 |
|
Year to date profit |
$ 114.79 |
| Timer Rent |
|
$ -
|
|
Ending Networth |
$ 2,649.66 |
| Merchandise Sales |
|
$ 32.00 |
|
|
|
| Donations: |
|
$ -
|
|
|
|
| Newsletter:Photocopy |
|
$ -
|
|
|
|
| Newsletter:Postage |
|
$ -
|
|
|
|
| Insurance |
|
$ -
|
|
|
|
| Equipment Purchases |
|
$ -
|
|
|
|
| LAC Membership |
|
$ (55.00) |
|
|
|
| P.O. Box Rent |
|
$ (42.00) |
|
|
|
| Office Supplies |
|
$ (6.00) |
|
RECONCILEMENT OF CASH |
|
| Spaghetti Feed |
|
$ (125.63) |
|
Beginning Cash as of 12-31-08 |
$ 2,766.55 |
| Business Meeting |
|
$ (88.40) |
|
Year to Date Net Profit |
$ 114.79 |
| Prizes/Trophies |
|
$ (52.74) |
|
Non cash expenses: depreciation |
$ -
|
| Time Trial Pizza |
|
$ -
|
|
Prior prepaids for '09 single |
$ (53.32) |
| BBQ Ride |
|
$ -
|
|
Prior prepaids for '09 family |
$ (48.33) |
| Post I Made the Grade |
|
$ -
|
|
Cash collected in '09 as single prepaids |
$ 26.66 |
| Gifts |
|
$ -
|
|
Cash collected in '09 as family prepaids |
$ -
|
| Depreciation |
|
|
|
6/19/2009 |
$ 2,806.35 |
| Bike Month |
|
$ (103.00) |
|
|
|
| Internet Site |
|
$ (117.35) |
|
|
|
|
|
|
|
|
|
| Devil's Slide Income |
$ 770.00 |
|
|
Out of Balance by: |
$ -
|
| Devil's Slide Expenses |
$ 802.84 |
$ (32.84) |
|
|
|
| Devil's Slide Donation |
|
|
|
|
|
| Winchester Income |
$ - |
|
|
|
|
| Winchester Expenses |
$ - |
$ -
|
|
|
|
| Joseph shirt Income |
$ - |
$ -
|
|
|
|
| Joseph shirt Expenses |
$ - |
|
|
|
|
| Jersey Income |
$ 1,155.00 |
|
|
|
|
| Jersey Expenses |
$ 1,200.00 |
$ (45.00) |
|
|
|
| Equipment Purchases |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net Income |
|
$ 114.79 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Twin Rivers
Cyclists keeps its books on a Cash Basis modified to account for pre-paid
memberships. |
| As much as
possible expenses are paid in the year in which they benefit the club in
keeping with Cash |
| Accounting rules. |
|
|
|
|
|
|
|
|
|
|
|
|