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RE: [ans] ANSel and Gretel.. - Meisse Reply -



On 14 Feb 2005 at 8:11, Gunther Meisse wrote:

> Luc,
> I would be more then happy to explain entries found on the AMSAT 2003 Annual
> Report & 2003 AMSAT Audit. I wonder if you would be a bit more 
specific on
> your request. Please indicate the description of the numbers which 
you
> reference. To the left of each number, in both the Audit & Annual 
Report, is
> a description which would make finding your selections a bit 
faster.
> Regards,
> Gunther Meisse
> AMSAT Treasurer
>

Many thank's for your time spent answering my questions Gunther

This triggers some questioning also on the 2003 comments and auditors 
notes regarding the new 2003 AMSAT "inventive" accounting philosophy. 
I could not adequately formulate it without having the dates issues 
solved below. Even if i try to match figures to the 2003 audited 
report on which i should take out and elusive non accountable 
"Contributions" amount i ended up with a deficit of 132316$ still 
don't matching any other figures.



Taken from the 2003 AMSAT annual report

Radio Amateur Satellite Corporation
Sources and Uses of Funds
For the period ending 12/31/2002...............Is this really 2002? 
should read 12/31/2003? if we speak about a 2003 report?


Sources of Funds


Dues-New Members $12,645.00
Dues-Renewal         $94,167.00
Advertising                $8,995.00
Books –AMSAT         $8,191.00
Books-Resale            $1,744.00
Donations – Trinkets $14,806.00
Donations-General    $53,415.62
Donations - Life mem. $7,145.00
President's Club       $38,495.00
Other                            $45.93
AGM Registration     $10,448.45
Interest & Dividends      $678.70
Deposit-KC Tracker    $9,523.00
KC Tracker Expense ($9,069.78)
Royalty SEH                $548.79
Software Donations  $23,465.26
ZRO and QSL Bureau    $97.50
------------
Total INCOME        $275,341.47

 Uses of Funds

Advertising & Promotion         $2,988.10
Bank Service Charges               $547.90
Books for Resale                      $586.95
Booth Rental                          $2,737.50
Components                          $7,955.70
e-mail                                    $1,981.46
Representation/Promotion          $731.59
Equip Rental                           $2,877.93
FR Gift                                      $613.19
Insurance-Health                     $1,396.44
Ins-Liability and Workman's c   $2,326.24
Postage Prep.                         $4,468.07
Legal & Accounting                 $7,520.00
Licenses                                  $649.00
Meeting Supplies                      $246.42
Miscellaneous                          $619.43
Office Supplies & Expenses   $4,785.57
Pension Plan Expense          $6,000.00
Photo/Film                              $245.08
Postage & Shipping            $25,868.44
PO Box Exp(Courier)              $480.00
Printing & Xerox                 $25,738.35
Record Media(disks/cds)        $164.77
Reimbursable Expenses      $4,115.26
Rent                                 $16,911.88
Repairs & Maintenance        $1,499.50
Room Rental                          $509.23
Royalties - Software             $7,947.50
Salaries                            $64,789.67
Service Charge-MC/Visa      $4,348.62
Storage                                 $319.92
Subcontract-Other              $85,000.00
Supplies (Other)                       $69.78
Taxes-Property                       $114.05
Taxes-Payroll                      $4,956.56
Telephone                            $4,403.75
Travel                                 $29,360.00
BOD Meeting Expenses            $60.13
Travel BOD Meeting            $11,489.56
Trophies/Plaques                 $1,280.06
Trinkets                               $9,647.17
------------
Total EXPENSES              $348,350.77
------------
Gross Profit (Loss) ($73,009.30)



On the 2002 Verkouteren Aurbach & Olson audited financial report page 
4 Statement of activities:

I see Total unrestricted revenue and... 194427$
Total expenses                               348000$
(Decrease)                                     (153573$)

That's where my 80564$ came from (157573$-73009$=80564$)  




------------
"-"
Luc Leblanc VE2DWE
Coordonnateur AMSAT Quebec coordonnator
AMSAT 33583
www.qsl.net/ve2dwe 
----
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