Minnesota Racquetball Association
Statement of Financial Condition
For the Month Ending February 2019
Bank Balances, Beginning of Month …………………………….. 37,081.92
Plus:
Tournament Revenue ........................…………………………… 1995.00
Donation to Event Series …………………………………………. 6000.00
Donation to MN Juniors ……………………………….....……….. 200.00
Total Monthly Income …………………………………………... 8195.00
Less:
Service Charge ..........................................…..................…….. (0.20)
Life Time Court Fee ........................………………………......…. (3208.00)
USA Racquetball Fee ………………………................................ (23.50)
Tournament Shirts ..................................................................... (1307.52)
Cash Prizes ............................................................................... (700.00)
Sanction Fees ........................................................................... (143.00)
PA System Equipment Purchase ............................................... (590.57)
Total June Expenses .........................................................…. (6083.53)
Bank Balances, End of Month ..............................................…. 39,193.39
(Bank Balance This Time Last Year was $13,265.31)
Account Balances:
[ Unrestricted Funds ]
General Fund ..................... .................................................... 26,800.43
[ Restricted Funds ]
Arcserve Series Fund .............................................................. 10,028.00
MN Juniors Fund ..................................................................... 1,286.98
Beugen Memorial Fund ........................................................... 1,077.98
Total ........................................................................................... 39,139.39
Total Sponsorship Contributions for 2018-2019 is $22,100.00.