RUSA Income and Expense Statement 1/01/02 -12/31/02


Income

Returned Check Service Charges				10.00
Activity Income
     Yearbook Sales					16.00
     ACP Medal Sales		  	     	     5,219.60
     Souvenir Item Sales	 	     	     4,307.40
     Souvenir Item - Other	    	     	     1,304.64
          Total Activity Income	 	    	    10,847.64

Advertising Sales	          	    	     1,400.00
Donations Received	            	       	       300.00
Memberships	                 	    	    26,405.00
Miscellaneous Income	              	         	 4.00

Total income	                 	    	    38,966.64

Expenses:

ACP Expenses - Brevet and Fleche Processing
     Brevet and Fleche Processing	     	     1,662.39
     PBP decals		647.86
     Randonneurs Mondiaux Dues		        	24.69
          Total ACP Expenses		     	     2,334.94

Souvenir and Activity Expenses
     Souvenir Item Purchases		     	     9,146.21
     Shipping - Member Purchases	       	       457.17
     ACP PBP Video Purchases		      	       104.69
     ACP Medal Purchases		     	     4,731.53
          Total Souvenir and Activity Expenses	    14,439.60

Administrative
     State Filing fee					20.00
     Office Supplies					90.13
     Postage and Shipping			       132.90
     Printing and Copying			       193.02
     Telecommunications		                       533.91
     Web Expenses		                       164.45
           Total Administrative Expenses	     1,134.41

Bank Fees					       104.00

RBA Expense						54.00

Membership Administration
     Membership Postage				        589.77
     Membership Production			        122.21
     Membership Administration - other		         14.95
     Membership Emergency Cards		                988.01
          Total Membership Administration	      1,714.94

Miscellaneous Expenses				        170.48

Newsletter Expenses
     Newsletter Postage		                      5,026.98
     Newsletter Production		              5,664.60
          Total Newsletter Expenses		     10,691.58

Handbook Expenses
     Handbook Postage		                          3.00
     Handbook Production		              2,755.84
          Total Handbook Expenses		      2,758.84

Total Expenses					     33,402.79

Net Income					      5,563.85