ASSETS
Current Assets
Cash in bank $18,684
Cash on hand 2679
Prepaid expenses 22221
TOTAL CURRENT ASSETS 43,584
Fixed Assets
Furniture & fixtures 6,385
Accumulated depreciation (240)
NET FIXED ASSETS 6,145
Other Assets
Rental Deposits 2,100
TOTAL ASSETS $51,829
FUND BALANCE
Fund Balance, as of annexed $51,829
STATEMENT OF REVENUE, EXPENSES,
AND CHANGES IN FUND BALANCE ARISING
PRINCIPALLY FROM CASH TRANSACTIONS
From June 1, 1984 (Inception)
Through March 31, 1985
REVENUE
Membership dues $120,309
Donations 18,282*
TOTAL REVENUE 135,591
EXPENSES
Salaries and consultant fees 20,150
Rent and utilities 16,934
Travel and moving expenses 10,982
Telephone 9095
Office Expenses 8,034
Professional Fees 7,100
Printing and publications 5,933
Convention video tape production 5,352
Miscellaneous Expenses 1,781
Postage and Delivery 1,161
Depreciation 240
TOTAL EXPENSES 86,762
REVENUES IN EXCESS OF EXPENSES $51,829
FUND BALANCE, at inception —
FUND BALANCE, end of the period $51,829
* Donors
1.8. J. S. Sethi $ 200.00
- S. Didar Singh Bains 200.00
- Dr. G. S. Grewal 1,000.00
4.8, RDS Dhariwal 500.00
- Dr. Pavittar Singh 1,000.00
- SRC Chicago 1,000.00
- Dr.N. S. Kapany 10,000.00
- SRE Chicago 18870
- S. Didar Singh Bains 1,000.0
- ‘Gupat Daan’ 2,000.00
TOTAL $18,282.00
NOTE
(i) These Donations were given to General Bhullar
For personal use (excpet item 7) and were taken on books.
(ii) Any U.S. Citizen whose name does not appear in the list may please inform the Secretariat
(iii) Fats 10 include Donars whose names are not known.
Article extracted from this publication >> June 28, 1985
