FINANCIAL STATEMENT

USA TRACK & FIELD-ARKANSAS ASSOCIATION

Fiscal Year Ended September 30, 2008

BALANCE SHEET

Assets

Cash $16,301.22

USATF Grant-Restricted 1,000.00

Total Assets $17,301.22

Liabilities

Current Liabilities -0-

Total Liabilities -0-

Equity $17,301.22

STATEMENT OF INCOME

October 1, 2007 – September 30, 2008

Cash in Bank – October 1, 2007 $15,066.91

Revenues

Individual Memberships $ 2,243.08

Sanctions 1,715.00

Club Memberships 250.00

Interest Earned 20.52

Total $4,228.60

Expenses

Sanction Fees 1,425.00

Club Memberships 125.00

USATF-AR Web Pages 360.00

Postage 49.20

Training 35.09

Total $1,994.29

Net Income 2,234.31

Cash in Bank – September 30, 2008 $17,301.22

Submitted by:

John Mitchell Mike Armstrong

Secretary-Treasurer President

Arkansas Association Arkansas Association

October 8, 2008 October 8, 2008