| Balance Sheet | |
| Medford Market Cooperative | |
| Treasurer's Report | |
| December 3, 2007 | |
|
| |
| |
|
| | |
| |
Dec 3, 07 |
| ASSETS | |
| |
|
Current
Assets | |
|
| Checking/Savings | |
|
| |
Umpqua
Bank Checking | 2,865.01 |
|
| |
Umpqua
Bank Savings | 200.16 |
|
| |
Washington
Mutual Checking | 601.54 |
|
| Total Checking/Savings |
3,666.71 |
|
Total
Current Assets | 3,666.71 |
| TOTAL ASSETS | |
3,666.71 |
| LIABILITIES & EQUITY | |
|
Liabilities |
| |
|
| Current Liabilities | |
|
| |
Other
Current Liabilities | |
|
| |
| Loan
- NCG | 25,000.00 |
|
| |
Total
Other Current Liabilities | 25,000.00 |
|
| Total Current Liabilities |
25,000.00 |
|
Total
Liabilities | 25,000.00 |
|
Equity |
| |
|
|
| Opening Bal Equity | 2,589.47 |
|
| Retained Earnings | 23,744.89 |
|
| Net Income | -47,667.65 |
|
Total
Equity | | -21,333.29 |
| TOTAL LIABILITIES & EQUITY | 3,666.71 |
--------------------------------------------------
Balance SheetFinancial Statement (beginning of organization to Dec. 3, 07)
| Financial Statement | | | |
| From 1st opened account to December 3rd, 2007 |
| |
| Treasurer's Report | | | |
| Medford Market Cooperative | | | |
|
| | |
| |
|
| |
Amount | |
Memo |
| Income | |
| |
|
|
Subscription
Income |
135,720 | |
|
|
Grants |
20,500 | |
|
|
Fundraisers |
852 | |
|
|
T-Shirt
Sales |
487 | |
|
|
Interest
Income |
385 | |
|
|
Other
Income |
244 | |
|
|
Owner
Loan Program |
- |
| 91,000
returned to investors |
|
| |
| |
|
| Total Income |
158,189 | |
Does not include 25,000 loan |
| Expense | |
| |
|
Rent |
76,925 | |
|
|
Remodel |
22,184 | |
|
|
Legal
Fees |
14,517 | |
|
|
Marketing
& Advertising |
9,099 | |
|
|
Insurance |
8,072 | |
|
|
Independent
Contractor |
5,760 | |
|
|
Utilities |
5,109 | |
|
|
Market
Study |
5,000 | |
Approximately 4,400 still owed |
|
Postage
and Delivery |
4,508 | |
|
|
Recruitment |
4,141 | |
|
|
Operational
Mechanics - Fees |
3,998 | |
|
|
Business
Plan Fees |
3,403 | |
|
|
Repairs
- Elevator |
3,193 | |
|
|
Project
Mgr Fees |
2,990 | |
|
|
Travel |
2,646 | |
|
|
Office
Expenses |
2,454 | |
|
|
Printing
and Reproduction |
1,545 | |
|
|
Dues
and Subscriptions |
1,509 | |
|
|
Miscellaneous |
1,248 | |
|
|
Cleaning
and Maintenance |
840 | |
|
|
Computer |
837 | |
|
|
Merchant
Fees |
710 | |
|
|
Event
Food |
416 | |
|
|
Accounting |
380 | |
|
|
Refunds |
290 | |
|
|
Taxes |
65 | |
|
|
Bank
Service Charges |
24 | |
|
| Total Expense |
181,863 | | |
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