Profit & Loss Statement for FS/GR State Tournament

[n8tivetx]

2011 TXUSAW Freestyle / Greco
State Tournament
Profit & Loss Statement
06/09/2011

INCOME
Entry Fees $20,148.71
T-Shirts $1,472.50
Gate $6,442.00
Total Income: $28,063.21

EXPENSE
TrackWrestling Fees $268.45
Facility Fees - UTA Maverick Wrestling $2,700.00
Texas USA Tournament Sanction $105.00
Mat Delivery $500.00
Hospitality (BBQ, Table & Coaches) $1266.64
Change for Gate $1600.00
Paramedics $513.00
Officials & Pairers $1810.00
Hotel $860.00
Office Supplies $440.19
Awards $3623.58
Mat Tape $259.80
Total Expenses: $13,946.66

TOTAL PROFIT $14,116.55
Profit will be used for the Team Texas Men & Women National Teams with the split being determined by the TX USA Wrestling State Board proportionally. For 2010, 80% went to the men's team and 20% to the women's team.

2010 Profit = $5,961.04 so increased 2011 Profit by $8,279.20

[pappy]

So THAT is the way it is supposed to go.

[Akin]

Wow. That is a nice profit!! Nice job by everyone at TX-USA.

[steelfrog]

That doesn't include about $1,600 we raised selling old MSD stuff; supports that team, ESD and SB duals.

[smitty78]

Nice profit hope the organization can generate even more this upcoming season!