FINANCIAL STATEMENT

USA TRACK & FIELD-ARKANSAS ASSOCIATION

Fiscal Year Ended September 30, 2005

BALANCE SHEET

Assets

Cash $10,269.25

USATF Grant-Restricted 1,000.00

Total Assets $11,269.25

Liabilities

Current Liabilities -0-

Total Liabilities -0-

Equity $11,269.25

STATEMENT OF INCOME

October 1, 2004 – September 30, 2005

Cash in Bank – October 1, 2004 $10,768.82

Revenues

Memberships $ 1,717.59

Sanctions 2,015.00

Website 125.00

Club Memberships 100.00

Interest Earned 21.84

Total $3,979.43

Expenses

Club Memberships 275.00

Sanction Fees 1,735.00

National Meeting 1,319.00

Officials Recertification 150.00

Total $3,479.00

Net Income 500.43

USATF Grant-Restricted 1,000.00

Cash in Bank – September 30, 2005 $11,269.25

Submitted by:

W. Randy Taylor Douglas J. Spencer

Secretary-Treasurer President

Arkansas Association Arkansas Association

November 21, 2005 November 1, 2005