International Shaw Society

End-of-Year Financial Report for 2009

 

ISS Budget Summary in U.S. Dollars as of 12/31/09

AMOUNT

ITEM

$31,822.57

 

Carryover Balance from 2008 (detail below):

$   1,689.66   Checking Accounts Bank of America, Sun Trust, & USF FCU    

                      (12/31/08)

     1,048.00   Savings & Money Market Accounts –USF FCU (12/31/08)

$ 29,084.91   Investments in Certificates of Deposit: Total at 12/31/08

 $13,203.79

 

 

 

2009 Income as of 12/31/09 (detail below):

 $12,227.52 Membership fees and contributions

                     [$4,891 in contributions; $7,336.51 in membership fees]

 $      976.27 Interest Income from CDs & Savings in 2007 (detail below)

                  A. $ 194.62   Interest Income (SunTrust CDs –rolled over 11/6/09 to USF   

                                        Credit Union)                      

                   B. $269.02  FifthThird CD $109.08 in 2008)

                   C. $  55.60  Interest income (Third Federal CDs—rolled over 3/25/09 to USF  

                                         Credit Union CD)

                   D. $ 457.03   Interest Income Total for all USF Credit Union Accounts

                                         4 CDs, Business Savings, Business Money Market, Business Checking)

$45,026.36

Total Assets as of 12/15/08 before expenses for 2009 are subtracted

$11,471.38

 

2009 Expenditures as of 12/31/09 (details below):

$ 4,032.00   Penn State Press for 142 SHAW 29 subscriptions (via Johns Hopkins Press).

$    334.00   Office Expenses ($73.24 checks & bank stamp; $269.76 room rental for ISS 

                    Business Meeting at DC Conference; )[Most operating expenses were paid for  

                    by the president, out of pocket.]

      773.78   Advertising & Mailing (mostly for the conference)

$ 5,275.00   Travel Grants for young scholars to Summer Symposium & DC Conference.

$    941.35   Added to Third Federal CD of $6,058.65 in rollover to USF FCU CD of $7,000

$      54.00   Annual fee for P.O. Box

$      61.25   Annual Report to Florida Division of Corporations

$      - 0 -     Annual Report to Florida Dept. of Agriculture & Consumer Services

                     (Registration Statement for solicitation of contributions). Pd. In 12/08

$33,554.98

TOTAL OF CURRENT ASSETS as of 12/31/09

 (Expenditures Subtracted from 2008 Carryover + 2009 Income)

 

DETAIL OF ASSETS AS OF 12/31/09:

INVESTMENTS + BANK ACCOUNTS

(includes 2009 interest accrued):

$33,554.98

$ 6,401.49   One $6,000 CD at Fifth Third Bank at 4.4% for 24 months. Maturity Date  

                    7/11/10.

$ 5,513.99   One $5,000 CD at the USF Credit Union at 3.26%.  Matures 5/11/10.

$ 5,314.04   One $5,000 CD at the USF Credit Union at 4%.  Matures 3/10/10.

$ 7,134.84   One $7,000 CD at USF Credit Union at 2.477%.  Matures 3/25/10

$ 6,017.37  One $6,000 CD at the USF Credit Union at 1.9%.   Matures at  11/6/10

$        5.18   USF Credit Union Savings Account

$  1,059.32  USF Credit Union Money Market at 2.04%

$       86.24  USF Credit Union Checking Balance

$     227.03   Bank of America Checking Balance

$   1,769.75  Fifth Third Bank Checking Account Balance

$        25.73  Interest missed in 2008.