1. Barby Crabtree, Treasurer
District 10 Financials
Barby Crabtree, Treasurer

2. IRS Group Subordination

3. Young Professional Membership
Approved as a pilot program at 2016 convention in Nice. This summer in Yokahama, the Young Professional Membership category was approved as a permanent category, for members 30 and younger.

4. Zonta International Dues Increase
Beginning June 1, 2019 dues payable to ZI will be $88 (plus $3 insurance fee) for all US classified members This is an increase of $8

5. ZONTA INTERNATIONAL DISTRICT 10 FINANCIAL REPORTS
MAY 31, 2018

6. ZONTA INTERNATIONAL DISTRICT 10 STATEMENT OF ACTIVITIES FOR THE BIENNIUM ENDED MAY 31,2018
Revenues
Membership Dues
$ 34,286
District Conferences
6,234
District Fundraisers
1,573
Direct Support
3,063
Area Meetings Income
1,552
Interest Income 57
Total Income
$46,765

7. ZONTA INTERNATIONAL DISTRICT 10 STATEMENT OF ACTIVITIES FOR THE BIENNIUM ENDING MAY 31, 2018
EXPENSES
Board Meetings
$ 14,070
Club Bell and Banner Awards
1,200
Board Attendance Conferences
8,130
Governor and Lt Governor
9,238
Area Directors expenses
1,236
Foundation Ambassador
Committee Expense
1,033
262
Administrative and general
2,333
Total Expense
37,502
INCREASE IN NET ASSETS
$ 9,709
NET ASSETS AT BEGINNING OF PERIOD
$ 56,749
NET ASSETS AT END OF PERIOD
$ 66,458

8. ZONTA INTERNATIONAL DISTRICT 10 STATEMENT OF FINANCIAL POSITION MAY 31, 2018
ASSETS
Current Assets
Cash and equivalents
$ 79,562
Inventory
Total Current Assets
79,562
Furniture and equipment
AV Equipment
1,388
Accumulated Depreciation
-1,388
Net Furniture and Equipment
TOTAL ASSETS
$79,562

9. ZONTA INTERNATIONAL DISTRICT 10 STATEMENT OF FINANCIAL POSITION MAY 31, 2018
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Deferred Revenue - Conference Assessment
$ 1,872
Deferred Revenue - Dues
11,232
TOTAL CURRENT LIABILITIES
$ 13,104
NET ASSETS
Unrestricted
66,458
TOTAL NET ASSETS
TOTAL LIABILITIES AND NET ASSETS
$ 79,562

10. ZONTA INTERNATIONAL DISTRICT 10 STATEMENT OF CASH FLOWS FOR THE BIENNIUM ENDED MAY 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income $
2,626
Adjustments to reconcile Change in Net Assets to cash provided by operations
Change in assets and liabilities:
Inventory
520
Accounts Payable
-2,320
Deferred Revenue – Dues collected for next year
5,016
Deferred Revenue - Conference Assessment next year
836
NET CASH PROVIDED BY OPERATING ACTIVITES
6,679
CASH AT BEGINNING OF PERIOD
72,884
CASH AT END OF PERIOD
79,562

11. ZONTA INTERNATIONAL DISTRICT 10 COMPARISON OF BUDGET TO ACTUAL FOR THE BIENNIUM ENDING MAY 31, 2018
JUNE 1-
REVENUES
May 31, 2018
BUDGET
Membership
Dues
$29,318
$ ,600
Assessment D10 Conference
4,968
4,600
Total Membership
34,286
32,200
District Conference
6,234
2,300
Area Meetings Income
1,552
1,500
Fundraising & Sales of merchandise
1,572
400
Interest 57 -
Direct Support - Gifts in Kind
3,063
TOTAL REVENUES
$46,764
36,460

12. ZONTA INTERNATIONAL DISTRICT 10 COMPARISON OF BUDGET TO ACTUAL FOR THE BIENNIUM ENDING MAY 31, 2018
EXPENSES
Actual
Budget
Board Meetings
14,069
8,500
Club Bell and Banner Awards
1,200 -
Committee Expenses
262
200
District Board Expenses:
Area Directors
1,236
2,000
Board Attendance Conferences
8,130
4,000
Foundation Ambassador
1,033
1,500
Governor
977
3,200
Lt Governor
518
1,700
Sponsoring/ Organizing/Mentoring
400
Total Board and Club Expenses
27,425
21,500

13. ZONTA INTERNATIONAL DISTRICT 10 COMPARISON OF BUDGET TO ACTUAL FOR THE BIENNIUM ENDING MAY 31, 2018
Actual Budget
Gifts
-25
250
International Convention 2018:
Convention Governor
3,905
4,000
Convention Lt Governor
3,837
Total International Convention
7,742
8,000
Conference Assessment Paid
5,084
4,600
Supporting services:
Administrative
2,333
1,710
TOTAL EXPENSES
$ 42,559
36,060
REVENUES OVER EXPENSES
$ 4,205
$ 400

14. Zonta International District 10 Foundation Financial Reports
MAY 31, 2018

15. ZONTA INTERNATIONAL DISTRICT 10 FOUNDATION STATEMENT OF ACTIVITIES FOR THE BIENNIUM ENDING MAY 31, 2018
REVENUES
Silent Auction
$5,338
Flag Auction
1,451
Ind Contributions/Amazon Smile 50
Total Revenues
6,839
EXPENSES
JMK Scholarship
2,000
Rose Scholarship
STEM Award
1,000
YWPA Award
Total Awards
7,000
Insurance/bonds
422
Total Expense
7,422
DECREASE IN NET ASSETS
-571
NET ASSETS BEGINNING OF PERIOD
$16,259
NET ASSETS END OF PERIOD
$15,688

16. Zonta International District 10 Foundation Statement of Financial Position May 31, 2018
ASSETS
Current Assets
Checking/Savings
Cash in Bank
$ ,687
Total Cash/Savings
Total Assets
LIABILITIES & EQUITY
Equity
Opening Balance Equity
$ ,884
Unrestricted Net Assets
3,517
Net Income
286
Total Equity
TOTAL LIABILITIES & EQUITY