ISLAND RESEARCH & EDUCATION INITIATIVE (IREI)
Summary of Revenues and Expenditures
For The Year Ending December 31, 2005
| Revenues: |
|
Private donations |
$300 |
Corporate support |
$10,000 |
Grants |
$0 |
Project-generated income |
$1,000 |
Miscellaneous |
$0 |
Total revenues |
$11,300 |
| Expenditures: |
|
Administrative |
$135 |
Project implementation |
$9,188 |
Publishing |
$0 |
Fundraising |
$100 |
Financial fees |
$23 |
Total expenditures |
$9,446 |
|
NOTE: IREI neither pays salaries nor provides any benefits (medical, etc.) to volunteers. Office, electricity, software and print expenses are paid by support and donations from Danko Taborosi and Justin Udovch - director and vice-director of Island Research & Education Initiative. |
Balance sheet
For The Year Ending December 31, 2005
| Assets: |
|
Cash |
$1,854 |
Equipment |
[see below] |
| Liabilities: |
|
Accounts payable |
$0 |
Equity |
$0 |
Total liabilities and equity |
$0 |
Equipment inventory
on December 31, 2005
| Electronic equipment: |
|
Thales Navigation MobileMapper CE |
2 units |
Olympus digital sound recorder |
1 unit |
Photobank portable storage device |
1 unit |
Garmin handheld GPS unit |
1 unit |
| Other gear: |
|
Feathercraft Java folding kayaks |
2 units |
Werner performance touring paddles |
2 units |
Downwind kayak sails by Spirit |
2 units |
Waterproof, crushproof Otterboxes |
4 units |
SealLine tapered dry bags |
6 units |