CLTA REVENUE – Sept. 1, 2006 – Aug. 31, 2007
|
Annual Conference |
145,860 |
|
Interest |
2,425 |
|
Membership Dues |
62,274 |
|
Miscellaneous (Advertising & Jamboree) |
5,975 |
|
Scholarship Donations |
1,080 |
|
Summer Seminar |
0 |
|
|
|
|
TOTAL |
$ 217,614 |
CLTA EXPENSES – Sept. 1, 2006 – Aug. 31, 2007
|
Accounting Fees |
794 |
|
Compensation of Officers (Executive Director & Membership Chair |
24,500 |
|
Conference/Meetings/Summer Seminar |
107,377 |
|
Dues Payments to Affiliates |
11,829 |
|
Equipment |
1,119 |
|
Grants/Scholarships |
5,908 |
|
Honoraria (Advocate, Conference Coordinator, Conference Exhibit Chair, Conference Program Chair, Conference Registrar/Treasurer, Newsletter Editor, Secretary, Web Master |
26,899 |
|
Insurance |
3,002 |
|
Payroll Taxes |
2,120 |
|
Postage |
1,860 |
|
Printing/Publications |
1,415 |
|
Professional Dues (JNCL, ACTFL) |
1,800 |
|
Supplies |
5,549 |
|
Telephone |
1,593 |
|
Travel Expenses to Board Meetings |
20,256 |
|
|
|
|
TOTAL |
$ 216,021 |
Net assets at beginning of year (Sept. 1, 2006) $ 269,268
Net assets at close of year (Aug. 31, 2007) $ 270,861
CLTA ASSETS AT CLOSE OF FISCAL YEAR 2006 – 2007
Cash (checking acct. balance): $ 170,186.71
(Mem. Scholarship = $690)
(Advocacy = $50)
CFLP (California Foreign Language Project) 6,735.77
Summer Seminar 23,590.14
(Student Strand Donation = $560)
(Jean Schroeder Endowment - $215)
Certificates of Deposit:
$20,000 (Memorial Scholarship)
Term length: 11 months
Interest rate: 4.41% (APY = 4.51%)
Maturity/Renewal date: 10/29/07 23,590.14
$30,000
Term length: 8 months
Interest rate: 4.88% (APY = 5.0%)
Maturity/Renewal date: 03/27/08 35,080.80
Sidney Gorman Endowment Savings Account
Interest rate: .20% 20,604.08
TOTAL ASSETS $ 270,861.15