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2006 WCOCA Treasurers Report
April 2006 to March 2007

2006 Saw substantial improvements over 2005. We made up the prior short-fall primarily via Travel Guide profits. This extra should allow us to make some necessary booth repairs and upgrades. We also should be able to put a little back into the reserve fund.

We probably also have enough to do a little promo or a little event but caution is in order here, some of you may remember prior great sounding ideas that quickly escalated from a few hundred into a few thousand dollars, and then, really didn't end very well. So, one or two well thought out, inexpensive ideas may be doable for 2007 & early 2008.

In a nutshell, WCOCA budget is:
• Membership dues pay for booth and web. (but is always short of what's needed)
• Open House makes up for short fall on Sidewalk Sales.
• Travel Guide pays for itself, usually generating a small profit.
• Profit from Travel Guide, if any, is used for 'extras' (promo, concerts, booth repairs).

Profit & Loss
Apr '06 - Mar '07
Income
Advertising Income
Travel Guide
44,612
Hot Line & Misc
25
OnLine (Web)
310
Total Advertising..
44,947
Income from Events
9,615
Membership Dues
28,640
Un-categorized Income
2,563
Total Income
85,766
Expense
Booth Operating expense
Electric
306
Insurance
697
Miscellaneous
939
Payroll
NetPayChecks
10,565
Tax, payroll
1,831
Workers Comp/Disability
171
Total Payroll
12,567
Telephone
2,014
Visitor supplies
1,166
Total Booth Operating
17,689
Travel Guide
Commissions
10,809
Distribution
5,123
Miscellaneous
1,521
Printing
16,266
Travel Guide
60
Total Travel Guide
33,779
Miscellaneous
Credit Card fees
360
MiscExpense
49
Office Supplies
1,463
Professional Fees
1,184
Reimbursable
100
Miscellaneous - other
301
Total Miscellaneous
3,457
Publicity Activities
Media
1,000
Coordination fees
5,757
Event SideWSale...
6,769
Events Other
4,361
Web
3,315
Total Publicity Activities
21,201
Total Expense
76,126
Net Income
9,640

Balance Sheet
As of Mar 31, 2007
ASSETS
Current Assets
Checking/Savings
BankNorth-Checking
21,165
BankNorth-Savings
634
Pay Pal
2,272
Trade
4,400
Total Checking/Savings
28,471
Other Current Assets
Undeposited Funds
2,235
Total Other Current Assets
2,235
Total Current Assets
30,706
Fixed Assets
Booth
Accum. Deprecation B
-483
Cost B
3,727
Total Booth
3,244
Computers
Accum. Deprecation C
-467
Cost C
2,337
Total Computers
1,870
Total Fixed Assets
5,114
TOTAL ASSETS
35,820
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Credit Cards
Creditline
-474
Total Credit Cards
-474
Total Current Liabilities
-474
Total Liabilities
-474
Equity
Opening Bal Equity
2,748
Retained Earnings
23,906
Net Income
9,640
Total Equity
36,294
TOTAL LIABILITIES & EQUITY
35,820

Travel Guide
Dec 7, '06 - Aug 2, 07
Income
Advertising Income
Travel Guide
38,936
Total Advertising
38,936
Total Income
38,936
-
Expense
Travel Guide
Commissions
9,519
Distribution
4,600
Miscellaneous
1,619
Printing
13,813
Total Travel Guide
29,551
Miscellaneous
Credit Card fees
120
Miscellaneous...
0
Total Miscella...
120
Publicity Activities
Coordination fees
250
Total Publicity..
250
Total Expense
29,921
-
Net Income
9,016

Open House
2006
Income
Income from Events
6,925
Un-categorized Income
2,100
Total Income
9,025
Expense
Travel Guide
Miscellaneous
110
Travel Guide - other
80
Total Travel Guide
190
Publicity Activities
Coordination fees
2,757
Event SideWSale...
3,277
Total Publicity ...
6,034
Total Expense
6,223
Net Income
2,802

Sidewalk Sales
Sidewalks Sales came out, as usual, a little less then break even. It is accepted practice that the more popular Open House will make up for shortfalls with this event.

Note: 2002 report has the relatively little-changing Sidewalk Sale detailed out.