P/L Year


Balance Sheet
        Jan 31, 05
ASSETS      
Current Assets  
  Checking/Savings  
    Certificates of Deposit 274,772.88
    Petty Cash 100.00
    Postage Meter 1,500.00
    Wells Fargo General 159,391.00
    Wells Fargo Tournament 4,695.62
  Total Checking/Savings 440,459.50
  Total Current Assets 440,459.50
TOTAL ASSETS 440,459.50
LIABILITIES & EQUITY  
Liabilities    
  Current Liabilities  
    Other Current Liabilities  
      Payroll Liabilities 2,242.22
    Total Other Current Liabilities 2,242.22
    Total Current Liabilities 2,242.22
  Total Liabilities 2,242.22
  Equity      
  ISA Retained Earnings 285,836.77
  Net Income 152,380.51
Total Equity 438,217.28
TOTAL LIABILITIES & EQUITY 440,459.50

    Aug '04 - Jan 05
Income  
  Adverstising Income 4,236.55
  Affiliate Fees 2,650.00
  BODP 75,014.00
  Coach Clinics 6,929.48
  Concessions 5,874.70
  Entry Fees 113,260.00
  GODP 64,315.00
  Interest 1,718.06
  Mailing List 1,281.73
  Merchandise 21,264.19
  Misc 3,830.99
  Registration Coaches 16,200.00
  Registration Players 293,557.00
  Reimbursed Expenses 1,449.78
  Sponsorships 13,641.40
  User Fees 66,143.00
Total Income 691,365.88
  Expense  
  Affiliation/Professional Fees 13,979.76
  Awards/Gifts 6,675.41
  Camp/Cup Fees 13,010.97
  Equipment 6,225.05
  Insurance 73,354.60
  Internet 300.40
  Lodging 16,427.46
  Mailings 2,477.44
  Meals/Food 12,967.10
  Merchandise Expense 25,626.07
  Misc Expense 614.10
  Newsletter 16,863.77
  Non-Employee Compensation 115,818.50
  Payroll Expenses 116,259.00
  Personnel Expenses 5,986.52
  Player Fees 49,540.75
  Postage 4,623.95
  Printing 3,284.42
  Referee/Trainer Fees 4,542.00
  Rental 12,010.04
  Scholarship 140.00
  Service Charge 417.87
  Supplies 11,252.52
  Telephone 4,007.92
  Tournament Rentals 4,671.04
  Transportation 17,908.71
Total Expense 538,985.37
Net Income 152,380.51