| RASC Ottawa Centre |
| Comparative Income Statement |
| |
| REVENUE |
2003-10-01 to 2004-09-30 |
2002-10-01 to 2003-09-30 |
| Interest |
|
378.09 |
|
425.17 |
| Foreign Exchange |
|
0.00 |
|
0.00 |
| Membership Grants |
704.00 |
|
616.00 |
|
| Membership Revenue, Gross |
26,626.20 |
|
20,358.05 |
|
| Membership Total |
|
27,330.20 |
|
20,974.05 |
| Advertising Revenue |
|
0.00 |
|
0.00 |
| Telescope Loan Rentals |
|
0.00 |
|
0.00 |
| Coffee Fund Proceeds |
|
0.00 |
|
1,000.00 |
| Key Fees |
|
1,232.00 |
|
964.00 |
| Donations, Not Receipted |
|
0.00 |
|
0.00 |
| Donations, Receipted |
|
2,084.03 |
|
408.99 |
| SMARTscope Funds Raised |
|
3,120.05 |
|
2,245.66 |
| RASC Calendar Sales |
|
1,175.00 |
|
2,783.00 |
| Annual Dinner Tickets |
|
1,782.00 |
|
1,770.00 |
| Misc.Revenue |
|
0.00 |
|
0.00 |
| TOTAL REVENUE |
|
37,101.37 |
|
30,570.87 |
| |
| EXPENSE |
2003-10-01 to 2004-09-30 |
2002-10-01 to 2003-09-30 |
| Cost of Goods |
| Cost of RASC Calenders |
|
2,399.20 |
|
1,890.16 |
| Adjustment Write-off |
|
346.91 |
|
0.00 |
| Purchase Discounts |
|
0.00 |
|
0.00 |
| Freight Expense |
|
0.00 |
|
0.00 |
| Total Cost of Goods Sold |
|
2,746.11 |
|
1890.16 |
| |
Membership Cost |
| Membership Fees, National Office |
|
17,021.16 |
|
13,270.50 |
| Total Membership Cost |
|
17,021.16 |
|
13,270.50 |
| |
Operating Expenses |
| Insurance |
|
4,939.92 |
|
-824.04 |
| Rent, FLO |
10.00 |
|
10.00 |
| Hydro Expense, FLO |
406.74 |
|
420.22 |
| Snow Removal Expense, FLO |
120.00 |
|
80.00 |
| Maintenance Expense, FLO |
360.29 |
|
113.76 |
| Total Expense, FLO |
|
897.03 |
|
623.98 |
| Printing Expense, AstroNotes |
1,636.08 |
|
2,727.31 |
| Stamps Expense, AstroNotes |
2,044.21 |
|
2,533.92 |
| Total Expense, AstroNotes |
|
3,680.29 |
|
5,261.23 |
| Cost of Annual Dinner Meeting |
|
2,086.82 |
|
1,880.91 |
| Program Committee Expense |
|
721.61 |
|
182.46 |
| Observers Group Expense |
|
482.18 |
|
30.93 |
| National Rep Travel Expense |
|
0.00 |
|
0.00 |
| Astronomy Day |
|
60.93 |
|
0.00 |
| SMARTscope |
0.00 |
|
650.23 |
| SMARTscope, Telephone |
650.65 |
|
0.00 |
| Total SMARTscope Expenses |
|
650.65 |
|
650.23 |
| Bank Charges and Interest |
|
0.00 |
|
0.00 |
| Bank Adjustments |
|
49.51 |
|
0.01 |
| Office Supplies |
|
0.00 |
|
0.00 |
| Telephone |
|
628.98 |
|
511.59 |
| General Admin: Stamps Expense |
|
0.00 |
|
10.27 |
| General Admin: Print Expense |
|
0.00 |
|
0.00 |
| General Admin: Miscellaneous |
|
545.27 |
|
442.04 |
| Depreciation |
|
15,365.80 |
|
14,871.11 |
| Total Operating Expenses |
|
30,108.99 |
|
23,640.72 |
| |
| TOTAL EXPENSE |
|
49,876.26 |
|
38,801.38 |
| |
| NET INCOME |
|
-12,774.89 |
|
-8,230.51 |
| |
| ASSETS |
2003-10-01 to 2004-09-30 |
2002-10-01 to 2003-09-30 |
| Current Assets |
| Petty Cash |
34.50 |
|
34.50 |
| Telescope Loan Float |
100.00 |
|
100.00 |
| Bank (Cash) |
2,839.39 |
|
3,450.74 |
| Cash: Total |
|
2,973.89 |
|
3,585.24 |
| Investments |
|
24,445.12 |
|
24,445.12 |
| Accounts Receivable |
|
0.00 |
|
0.00 |
| Inventory: Total |
|
0.00 |
|
1,121.90 |
| Prepaid Expenses and Deposits |
|
0.00 |
|
0.00 |
| Total Current Assets |
|
27,419.01 |
|
29,152.26 |
| |
| Capital Assets |
| SMARTscope Astronomical Equipment |
|
41,631.00 |
|
47,137.70 |
| SMARTscope Software |
|
0.00 |
|
3,781.60 |
| SMARTscope Computer Equipment |
|
1,726.88 |
|
2,184.96 |
| SMARTscope Building |
|
22,008.49 |
|
22,724.23 |
| Astronomical Equipment: FLO |
|
5,065.01 |
|
4,854.43 |
| Observing Equipment |
|
2,710.84 |
|
3,098.11 |
| Buildings: FLO |
|
1,966.51 |
|
2,089.39 |
| Library |
|
5,260.08 |
|
5,805.81 |
| Audiovisual Equipment |
|
413.83 |
|
472.95 |
| Equipment Loan Library |
|
623.78 |
|
712.89 |
| Office Equipment |
|
326.20 |
|
489.31 |
| Office Software |
|
0.00 |
|
81.99 |
| Total Capital Assets |
|
81,732.62 |
|
93,433.37 |
| |
| TOTAL ASSETS |
|
109,151.63 |
|
122,585.63 |
| |
LIABILITIES |
2003-10-01 to 2004-09-30 |
2002-10-01 to 2003-09-30 |
| Current Liabilities |
| Accounts Payable |
|
2,725.43 |
|
3,384.54 |
| GST Owing (Refund) |
|
0.00 |
|
0.00 |
| Total Current Liabilities |
|
2,725.43 |
|
3,384.54 |
| |
| TOTAL LIABILITIES |
|
2,725.43 |
|
3,384.54 |
| |
| EQUITY |
2003-10-01 to 2004-09-30 |
2002-10-01 to 2003-09-30 |
| Retained Earning |
| Retained Earnings |
|
119,201.09 |
|
127,431.60 |
| Current Earnings |
|
-12,774.89 |
|
-8,230.51 |
| Total Retained Earnings |
|
106,426.20 |
|
119,201.09 |
| |
| TOTAL EQUITY |
|
106,426.20 |
|
119,201.09 |
| |
| LIABILITIES AND EQUITY |
|
109,151.63 |
|
122,585.63 |
| |
