1. American Bonanza Society Financial Report 2010 Annual Meeting September 24, 2010

2. Membership Revenue Slight increase in foreign postage. Small increase in new membership dues. Renewal dues steadily declining since 2007.

3. Magazine Performance Static profit margin of about 9%. Increase in bad debts in recent years. Production cost controls assist in profitability. 2005 – 2010 Projected

4. General & Admin. Revenue Insurance Program  Funds have been dropping 8-10% a year.  Lower premiums from competitive market.  How do we maintain this revenue stream?

5. General & Admin. Revenue Investment Income  UBS actively managing investment portfolio.  Income and unrealized gain (loss) improving.  Lower management fees are expected.

6. Convention & Merchandise Convention profitability on the decrease. Location appears to play a key role. Replaced with ABS Experiences in 2011. Store profitability has been stable & reliable. New inventory sparked small sales increase. Oshkosh sales were down this year.

7. General & Admin. Expenses Changes to travel & business expense policy. Modernizing operating systems. Effects of Executive Director transition.

8. Total Revenue & Expenses 2005 – 2010 Projected Expected loss $72,000 in 2010. Catching up with member needs. Optimization of resources important to future.

9. American Bonanza Society Air Safety Foundation, Inc. Financial Report Including BPPP, Inc. - a wholly owned subsidiary American Bonanza Society Air Safety Foundation, Inc. Financial Report Including BPPP, Inc. - a wholly owned subsidiary 2010 Annual Meeting September 24, 2010

10. ASF & BPPP Donations 2005 – 2010 Projected Donations to ASF & BPPP declined in 2010. 2009 spike is $1,000,000 Maciel donation.

11. ASF Service Clinic Revenue and Expense Service clinics offered at breakeven price. 239 planes inspected during FY 2010.

12. BPPP Revenue & Expense 2005 – 2010 Projected Estimated $20,000 operating profit in FY10. Incentive programs for first time attendees. More flying attendees in FY10 than in FY09.

13. ASF & BPPP Net Assets 2005 -2010 Projected 2008 drop attributed to economic factors. 2009 spike from $1,000,000 Maciel donation. 2010 sees improvement in investment market.

14. Future of ABS Fulfill member needs within balanced budget Create long term value for organizational sustainability Future of ASF Achievement of organizational goals Responsible asset management