| 2007
Financial Report |
| NIMHAM MOUNTAIN SINGERS |
|
|
| BALANCE SHEET |
|
|
| AS OF DECEMBER 31, 2007 |
|
|
| (COMPILED) |
|
|
| |
| ASSETS |
|
|
| |
| Current Assets: |
|
|
| Cash |
|
269 |
| Cash - savings |
|
269 |
| |
|
538 |
| |
|
|
| Fixed assets: |
|
|
| Machinery & Equipment |
|
4,331 |
| Accumulated depreciation |
|
1,300 |
| |
|
3,031 |
| |
|
|
| Toatl assets |
|
3,569 |
| |
|
|
| LIABILITIES & FUND BALANCE |
|
|
| |
|
|
| |
|
|
| Shareholder's Equity: |
|
|
| Fund balance |
|
3,569 |
| |
|
3,569 |
| |
|
|
| |
|
|
| |
|
|
| |
|
|
| NIMHAM MOUNTAIN SINGERS |
|
|
| PROFIT & LOSS |
|
|
| FOR THE YEAR ENDING DECEMBER 31, 2007 |
|
|
|
|
| (COMPILED) |
|
|
|
|
| |
|
|
|
|
| |
|
|
|
|
| Income: |
|
|
|
|
| Contributions - regular
(including pow-wow) |
|
9,713 |
|
|
| Contributions - monument |
|
1,050 |
|
|
| Performances fees |
|
6,835 |
|
|
| Compact disc sales |
|
800 |
|
|
| Interest |
|
12 |
|
|
| Total income |
|
18,410 |
|
|
| |
|
|
|
|
| Expenses: |
|
|
|
|
| Advertising |
|
225 |
|
|
| Bank charges |
|
73 |
|
|
| Compact disc costs |
|
139 |
|
|
| Depreciation expense |
|
867 |
|
|
| Donations |
|
448 |
|
|
| Drums & accessories |
|
4,898 |
|
|
| Regalia |
|
485 |
|
|
| Pow wow expenses |
|
9,705 |
|
|
| Performance expenses |
|
1,875 |
|
|
| Office expense |
|
686 |
|
|
| Permits and licenses |
|
99 |
|
|
| Postage |
|
63 |
|
|
| Monument costs |
|
8,867 |
|
|
| Total expenses |
|
28,430 |
|
|
| |
|
|
|
|
Net income |
|
(10,020) |
|
|
|
|
|
|
|
Fund balance - beginning |
|
13,589 |
|
|
| |
|
|
|
|
| Fund balance - ending |
|
3,569 |
|
|
| |
|
|
|
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| |
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