December 31, 1959

Profit and loss statement for 1959

       This profit and loss statement is for the 12 month period ending December 31, 1959.
 

Operating Income:

            Sales (Chili suppers, fish frys, movies,
                        Basketball games, scrap sale)                    1,720.57
            Less cost of sales                                                     1,215.20         505.37
 

            Donations:

                        Drawing (100.00)                                             105.00
                        Individuals                                                      1,482.83
                        Township warrents                                        1,417.50
                         Treasurer of State                                                8.45
           Total Donations                                                                                 3,013.78

 

Operating Expenses:

            Equipment Expense                                                   919.30
            Equipment Maintenance                                            401.95
            Gas and Oil (Trucks) Expense                                  109.11
            Insurance Expense                                                     877.55
            Loan on Building                                                         260.00
            Stationary & Printed Forms                                         76.95
            Title Expense                                                                   6.50
             Electricity                                                                     100.47
             Heating Expense                                                        390.90
            Telephone Expense                                                    465.62
            Misc. Expense                                                               40.84
            Misc. Donations                                                           109.90
            Total Operating Expense                                                                 3,759.09

            Net operating loss                                                                               (745.31)

Other Income:

            Sale of car plates to members                                    20.25
            Transfer from upkeep fund                                           80.00
            Transfer from pop fund                                                 75.68
            Misc. sales to members                                             239.55
            Sale of pop other than project sales                         176.19

            Total Other Income                                                                               591.67

Cash in Bank Dec. 31, 1959                                                                           351.73
 
    
 

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