FINANCIAL STATEMENT

USA TRACK & FIELD-ARKANSAS ASSOCIATION

Fiscal Year Ended September 30, 2009

BALANCE SHEET

Assets

Cash $ 5,044.53

USATF Grant-Restricted 1,000.00

Total Cash in Bank $ 6,044.53

Certificates of Deposit 12,000.00

Total Assets $18,044.53

Liabilities

Current Liabilities -0-

Total Liabilities -0-

Equity $18,044.53

STATEMENT OF INCOME

October 1, 2008 – September 30, 2009

Cash in Bank – October 1, 2008 $17,301.22

Revenue

Individual Memberships $3,974.20

Sanctions 1,815.00

Club Memberships 400.00

Interest Earned 172.48

Total Revenue $6,361.68

Expenses

Sanction Fees $ 1,465.00

Club Memberships 250.00

Postage/Supplies/Misc. 407.97

Workshops/Meetings 410.00

Certificates of Deposit 12,000.00

Youth Championships 567.00

USATF Annual Meeting 2,518.40

Airfare 1,388.00

Lodging/Meals 810.40

Registration 320.00

Total Expenses $17,618.37

Net Income $(11,256.69)

Cash in Bank – September 30, 2009 $ 6,044.53

Submitted by John Mitchell

Secretary-Treasurer

October 16, 2009