|
CJRLC
Financial Statements
C
J R L C
Balance Sheet
April 30, 2008 |
| ASSETS |
| CURRENT ASSETS |
|
|
| Cash -
Bank of America |
$ 9430.15 |
|
|
Cash - NJ Cash Management |
612,511.72 |
|
|
Total Cash
|
|
621,941.87 |
| Prepaid Insurance |
897.67 |
|
| Prepaid maintenance expense |
1,329.17 |
|
|
Total Prepaid Expenses
|
|
2,226.84 |
|
TOTAL CURRENT ASSETS
|
|
$624,168.71
=========== |
| NON-CURRENT ASSETS |
|
|
| Furniture and Fixtures |
$20,637.86 |
|
| Accum.
Deprec. Furn. & Fixtures |
<20,637.86> |
|
| Office Equipment |
153,612.36 |
|
| Accum.
Deprec. Office Equipment |
<137,556.63> |
|
|
Leasehold Improvements |
10,283.00 |
|
| Accum.
Deprec. Leasehold Impr. |
<10,283.00> |
|
|
Total Fixed Assets
|
|
16,055.73 |
| Security Deposit |
6,000.00 |
|
|
Total Security Deposit
|
|
6,000.00 |
|
TOTAL NON-CURRENT ASSETS
|
|
$22,055.73 |
|
TOTAL ASSETS
|
|
$646,224.44
=========== |
C
J R L C
Balance Sheet
April 30, 2008 |
| LIABILITIES
AND NET ASSETS |
| CURRENT LIABILITIES |
|
|
| Accounts
Payable |
11,466.11 |
|
| Accrued
Expenses |
7,800.00 |
|
|
Member Credit |
121.25 |
|
| Deferred Revenue (k) |
1,255.24 |
|
| ProQuest
2007-2008 |
450.00 |
|
| Net Library 2007-2008 |
315.37 |
|
|
Net Library |
1,866.06 |
|
| Sagebrush 2008-2009 |
360.00 |
|
|
TOTAL CURRENT LIABILITIES
|
|
$23,634.03
============ |
| |
|
|
| NET ASSETS |
|
|
|
Unrestricted Net Assets |
$663,362.94 |
|
|
Retained Earnings |
<47,560.28> |
|
|
TOTAL NET ASSETS
|
|
$615,802.66
============ |
|
NET INCOME
|
|
7,155.75 |
|
TOTAL LIABILITIES AND NET ASSETS
|
|
$646,592.44
============ |
C
J R L C
Income Statement: Budget Variance
For the Ten Months Ending
April 30, 2008 |
| |
Current
Actuals |
YTD
Actual |
Total
Budget |
83% Completed |
| Operational
Expenses |
| Personnel/Fringe Benefits |
22038.13 |
227,464.95 |
285,971.00 |
79.54 |
| Office |
4,727.01 |
48,370.95 |
65,901.00 |
73.40 |
| Travel |
1,446.83 |
12,400.58 |
15,000.00 |
82.94 |
| Supplies and Materials |
926.71 |
14,530,51 |
23,900.00 |
60.80 |
| Office Equipment |
0.00 |
38,288.91 |
36,000.00 |
106.36 |
| Miscellaneous (Postage, Ins., Dues) |
1,217.00 |
12,904.29 |
14,000.00 |
92.17 |
| Professional Services |
200.26 |
10,880.30 |
4,000.00 |
272.01 |
|
Total Operational Expenses
|
30,555.94 |
364,880.49 |
444,772.00 |
82.04 |
| |
| Printing |
297.92 |
2,069.06 |
3,000.00 |
68.97 |
| Promotion, Adv. |
537.75 |
6,765.14 |
20,000.00 |
33.83 |
|
Rec/Leadership Board Funds |
0.00 |
(185.96) |
8,000.00 |
(2.32) |
|
Rec/Leadership 07-08 |
2,371.82 |
15,201.62 |
47,000.00 |
32.34 |
|
Continuing Education - Staff |
252.73 |
3,554.56 |
4,000.00 |
88.86 |
| Continuing Education - Board |
0.00 |
329.65 |
6,000.00 |
5.49 |
| Continuing Education
- Members |
1,368.18 |
22,595.40 |
50,000.00 |
45.19 |
|
Technology
Infrastructure
|
63.95 |
1,231.10 |
1,600.00 |
76.94 |
|
Total Contractual Expenses
|
4,892.35 |
51,160.57 |
139,600.00 |
36.65 |
| |
|
|
|
|
| Service
Programs |
| Supplemental Reference |
. |
. |
. |
. |
| Supplemental Reference |
0.00 |
6,862.50 |
6,862.50 |
100.00 |
|
Total Supplemental Reference
|
0.00 |
6,862.50 |
6,862.50 |
100.00 |
| ILL Photocopy Service |
|
|
|
|
| JerseyCat |
0.00 |
18,600.00 |
18,600.00 |
100.00 |
|
Total ILL Photocopy Service |
18,600.00 |
18,600.00 |
18,600.00 |
100.00 |
| Delivery |
. |
. |
. |
. |
| Delivery |
6,947.47 |
58,978.73 |
95,000.00 |
62.08 |
| Delivery Materials |
0.00 |
997.14 |
3,000.00 |
33.24 |
|
Total Delivery
|
6,947.47 |
59,975.87 |
98,000.00 |
61.20 |
| Electronic Services |
. |
. |
. |
. |
| ARIEL |
0.00 |
0.00 |
5,000.00 |
0.00 |
| Full Text - EBSCO |
0.00 |
67983.00 |
67,963.00 |
100.03 |
| Wilson Bios
Illus. 07-08 |
<400.00> |
19,360.00 |
37,160.00 |
52.10 |
|
Wireless Project |
39.99 |
3,403.60 |
0.00 |
0.00 |
| Other
Electronic Services |
2,211.99 |
7,592.66 |
43,918.00 |
17.29 |
|
Total Electronic Services
|
1,851.98 |
98,339.26 |
154,041.00 |
63.84 |
| Depreciation |
|
|
|
|
|
Total Depreciation
|
0.00 |
0.00 |
0.00 |
0.00 |
| Other Services |
|
|
|
|
| Book Evaluation |
0.00 |
4,500.00 |
6,000.00 |
75.00 |
|
Technology Consultant |
400.00 |
9,242.90 |
30,000.00 |
30.81 |
|
Total Other Services
|
400.00 |
13,742.90 |
36,000.00 |
38.17 |
|
Total Service Programs
|
9,199.45 |
197,520.53 |
313,503.50 |
63.00 |
|
TOTAL EXPENSES
|
44,647.74 |
613,561.59 |
897,875.50 |
68.33 |
C
J R L C
Income Statement: Budget Variance
For the Ten Months Ending
April 30, 2008 |
| |
Current
Actuals |
YTD
Actual |
Total
Budget |
| Revenues |
| State of NJ Library Grant |
$ 62,230.00 |
560,072.00 |
$622,302.00 |
| Interest |
1,303.26 |
29,398.36 |
35,000.00 |
| Program Revenue |
660.00 |
4,226.98 |
10,000.00 |
|
TOTAL REVENUES
|
64,193.26 |
621,897.34 |
714,302.00 |
Back to Executive
Board |
