Have Questions? Contact Us
Radio Starmaker Fund Annual Report
2011 / 2012
Radio Starmaker Fund
Condensed Statement of Operations and Changes in Fund Balances for the year ended August 31, 2012
| Restricted Funds 2012 | ||||
|---|---|---|---|---|
| Capital Asset Fund $ |
Grant Fund $ |
Total $ |
||
| Revenues | ||||
| Contributions From CAB | - | 8,601,899 | 8,601,899 | |
| Interest | - | 280,197 | 280,197 | |
| Unrealized Loss On Investments | - | (11,630) | (11,630) | |
| - | 8,870,466 | 8,870,466 | ||
| Expenses | ||||
| Grants, Net Of Reallocated Unused Funding | - | 8,225,973 | 8,225,973 | |
| Amortization | 7,432 | - | 7,432 | |
| Bank Service Charges | - | 336 | 336 | |
| 7,432 | 8,226,309 | 8,233,741 | ||
| Excess (Deficiency) Of Revenues Over Expenses | (7,432) | 644,157 | 636,725 | |
| Fund Balances – Beginning Of Year | 18,287 | 11,286,905 | 11,305,192 | |
| Interfund Transfers – Admin. Cost Allocation | 2,252 | (645,951) | (643,699) | |
| Fund Balances – End Of Year | 13,107 | 11,285,111 | 11,298,218 | |