Opening Balance Business Savings (1/1/08)

3,124.48

Opening Balance Non-Profit Checking (1/1/08)

183.95

Certificates of Deposit (4)

27,175.37

Total Opening Balance

$

30,483.80

Revenues

Membership Fees

600.00

Receipts from 1/2/08 Get Together Party (including donations)

1,076.00

Sale of T-shirts (donated by Ray Z.)

60.00

Receipts from 9/13/08 Get Together Party (including donations)

2,920.00

Receipts from concert (including donations)

4,060.00

Receipts from 50/50 (picnic)

100.00

Business savings interest

5.48

Interest from CD's

1,147.95

Total revenues

$

9,969.43

Expenses

Scholarship Grant

1,600.00

Website Maintenance Fee

250.00

Renewal of Registration with NJ Dept. of Consumer Affairs

55.00

Picnic  Site Fee

60.00

Get Together Expenses

1,100.00

Mailing Expenses

37.23

Dinner Dance Expenses

2,603.87

Printing of new checks

99.18

Concert Expenses

1,428.97

Printing of Newsletter

37.96

Printing of Flyers

40.19

Total expenses

$

7,312.40

Net Income = Total revenues minus Total Expenses

$

2,657.03

Monies as of 12/31/08 = Opening balance plus

            Net Income = $30,483.80 + $2,657.03

$

33,140.83

Monies as of 12/31/08 = Account balances as 12/31/08 Wachovia

            bank statements plus CD with Investors Savings Bank minus

            checks not yet cleared = $29460.83 + $4,500 - $20 - $800

$

33,140.83

Distribution:

Non-profit checking

5.42

Business savings

1,861.95

Certificates of Deposit (6)

31,273.46

Total

$

33,140.83