FY 99/00

FY98/99

Notes

DEPARTMENT OF THE SECRETARY-TREASURER

 

$24,925

$19,225

The blue text (underlined) highlights transfers from external funds. There is a corresponding entry in the Income side of budget.
      Officer/Committees    

825

525

 

03

74001

37

  Secretary-Treasurer

300

 

250

Phone, Internet, postage, duplication & miscellaneous expenses

03

74002

37

  Assistant Treasurers

250

 

250

Phone, Internet, postage, duplication & miscellaneous expenses

03

74003

37

  Finance Committee

250

 

0

Phone, Internet, postage, duplication & miscellaneous expenses

03

74004

37

  NSS Personal Prop Comm

25

 

25

 
      Financial Services & Insurance    

23,050

17,650

 

03

74101

37

  Financial Services

3,000

 

2,500

CPA consulting and tax preparation services, travel & software expenses for volunteers providing accounting and budget support, and other miscellaneous costs incurred to manage NSS finances. FY98/99 expenses in first six months approximately $2500.

03

74104

37

  Audit Services

3,000

    Independent professional services for audit of accounting records ($2K) and inventory ($1K).

03

74103

37

  LedgerMaster Accounting Software Consulting Services

2,000

 

1,000

Anticipate continued need for consulting services to support implementation of LedgerMaster accounting software. We incurred $4305 in FY97/98 and $5,118 during the first 6 mo. of FY98/99 for this and 03-74101-37 in aggregate.

03

74105

37

  Payroll Service

800

     

03

74151

37

  Volunteer & Staff Bonding

350

 

300

Bonds to cover NSS Pres, S-T, Chief Financial Accountant, NSS Office Staff, NSS Convention & NCRC National Seminar treasurers.

03

74161

37

  NCRC Insurance

2,500

 

2,500

NCRC General Liability insurance. NCRC repays NSS through class registrations.

03

74162

37

  NCRC Trailer/Rescue Cache Insurance

650

 

1,100

NCRC repays NSS through class registration

03

74141

37

  NSS Property Insurance

10,500

 

10,000

Liability coverage for NSS office, cave preserves & convention

03

74142

37

  Insurance Riders

250

 

250

For other NSS events. Reimbursed

03

 

37

  Member Cave RSQ Insurance

0

    If funded, this would cost about $13K (11,800 @$1.10/member)
        IRS & State Tax Penalties & Interest

0

    COA 74901 & 74902
      Professional Dues    

1,050

1,050

 

03

74201

37

  American Geological Institute

400

 

400

$200 reimbursed by Geology Section

03

74202

37

  Bat Conservation International

100

 

100

Sustaining Membership

03

74203

37

  Land Trust Alliance

150

 

150

 

03

74204

37

  Nature Conservancy

100

 

100

 

03

74205

37

  UIS

300

 

300

 
 

BOOKSTORE COST OF GOODS SOLD

 

$72,400

$96,500

 

03

77200

32

Bookstore Cost of Goods Sold    

72,400

$96,500

COGS value is driven by bookstore sales, and has generally ranged between 45-59% over the years from 1993. The FY99/00 COGS value is 55% of budgeted bookstore sales. FY97/98 COGS was about 57%.

03

77210

32

  Non NSS Publications/ symbolic items/ Misc.

29,100

 

30,000

 
        NSS Publications

36,000

 

58,500

 
        Royalties for Authors/Editors of NSS Publications

7,300

 

8,000

Aggregate of COGS 77397 and 77479. Royalties paid to authors of CMWII and On Rope II @ $2/book sold. FY97/98 actual total = $8100. Expect sales to drop from this first year of publication.

03

77299

32

  Miscellaneous Bookstore Exp

0

 

0

 
 

FUND TRANSFERS & MISCELLANEOUS

 

$6,190

$7,414

Responsibility of S-T

03

76001

0

  Building Fund Transfer

1,500

 

1,500

NSS Restricted Fund, $8400 balance, goal $15K

03

76002

0

  Equipment Fund Transfer

1,500

 

1,500

NSS Restricted Fund with balance of $7500. Goal $15K

03

76021

0

  NSS NEWS Restricted Fund Transfer

0

    Transfer excess ad income over amount expended to the Restricted Fund per BOG Act 18-604.

03

76022

0

  Journal Restricted Fund Transfer

0

    Transfer excess ad income over amount expended to the Restricted Fund per BOG Act 18-605.

03

76023

0

  Convention Surplus Fund Transfer

1,500

 

1,000

Transfer to NSS Restricted Fund (25% of surplus) as per Act 18-598.

03

76501

0

  Headquarters Fund Transfer

0

 

0

Transfer to NSF Fund

03

76050

0

  1999 NSS Convention Transfer

990

 

0

Redeem NSS Convention Discount coupons used at 1999 NSS Convention. Assume 30 coupons @$30 each.

03

75099

0

  Miscellaneous Expenses

700

 

700

Incl. foreign check fees, prior period adjustments, bank service charges, etc. (COA 74902, 750 01-4, 75501)
        Capital Accumulation    

5,214

Replenish operating reserve, repay any loans, and meet cash flow requirements.