Budget as of 1 Jan 2005 Accounts as of 14 May 2005
Income:
Pilot Entry Fees
 $14,570
Donations
 $1,000
Other Income
 $1,200
   
   
   
Total Income
 $16,770
Expenses:
Dinners & Entertainment
 $4,250
FAI Cat 2 Fee
 $160
NEVHGC Competition Fee
 $1,455
T Shirt Costs
  $2,450
Office Expenses
 $1,245
Prizes
 $2,800
Trophies
 $450
Venue & Equipment Hire
 $945
Pilot Refreshments
 $500
Staff & Contractor Fees
 $2,500
   
Total Expenses
 $16,755
Estimated Net Income
 $15
 
Income
Pre-paid Pilot Entry Fees  $9,235.00 
Full Pilot Entry Fees  $4,040.00 
(Cash) Pilot Entry Fees  $2,680.00 
Sponsorship  $1,500.00 
Software Maps & T-Shirts $715.00
TOTAL INCOME  $18,170.00 
Expenses
T-Shirts  $1,900.00 
Trophies  $941.00 
(cash) Prizes  $1,500.00 
Wages  $3,750.00 
NEVHGC Fees  $1,650.00 
Computer Software  $350.57 
Dinners  $3,063.40 
General Expenses $765.84
HQ Hire  $250.00 
Pilot refreshments $521.71
TOTAL EXPENSES  $14,692.52 
PROFIT/LOSS  $3,477.48