Region 8 Annual Financial Report

Profit and Loss Statement

8/1/2007 - 6/30/2008

Please note that his account pays for expenses for all Regional officers and events - Administrative, Junior Olympic, Pre-Elite and Technical.  Please refer any questions to Debby Kornegay, Region 8 Administrative Committee Chairman.

Income

Clinics-Workshop          29,275.76

Competition Fees          24,101.00

Competitions                   5,951.12

Donations                      16,275.02

Promo Income                 7,267.00

Rebates Athlete            15,633.36

Rebates Pro                    9,374.67

Total Income               107,887.93

Expenses

Awards/Apparel             32,677.01

Certification/Testing            193.50

Clinics/workshops            8,501.24

Communications            17,946.71

Competitions                   1,432.70

Office                               6,472.44

Bank charges                       75.98

Loan Repayment             2,000.00

Returned Check                 109.50

Promotional                     1,316.08

Travel/meetings              28,629.06

Total Expenses             99,354.22

Overall Total                   8,533.71