MSRT Treasurer ’ s Report Reporting on Last FY [July-2012 thru June-2013] Karl Ellison, BS, RT(R)

Monthly Activity Enter deposits/purchase transactions into QuickBooks; reconcile with bank statement. Issue refund checks for: Overpayments of dues, Reimburse expenses, etc. Keep an eye on budget: Advise the MSRT Executive Board of approaching limits.

Annual Activity Federal Form-990 to IRS. State of Massachusetts Annual Report (AR180). File a “ Gaming Permit ” with the Conference ’ s town, and a “ Winnings Report ” to the State. ASRT ’ s “ Affiliate Subordinate Compliance ” Report. Form 1099-MISC sent to individuals exceeding $600 compensation.

Shaky start, but looking up! Last Fiscal Year we have a $2.3K loss. Was the first year of the dues increase... However, receipts are up 126% Last Year ’ s Conference was profitable. 1/2-Day Seminars have been profitable. Some speakers have even donated back their Honorariums. We always look for Sponsors to pick up the food bill.

Cash-On-Hand Trend is Up

Revenue Summary

Expense Summary

Budget Status This year ’ s Budget passed with a slight surplus. Last year we budgeted a slight profit... Budget reviews are conducted during each meeting of the Board of Directors. Our funds seem to be on the mend, preserving our ability to grow future services.

Thank-you for your continued support We always remember; it ’ s your money! The Organization that Supports your Profession