PMBA Financials 2023-2024
Parkland Minor Ball Association
|
| Profit and Loss |
| October 2023 - September 2024 |
| INCOME |
|
|
| 2016 |
Other Income |
15,310.83 |
| 4010 |
Registration Fees |
128,514.36 |
| 4031 |
Softball Registration |
97,972.25 |
| Total 4010 |
Registration Fees |
226,486.61 |
| 4012 |
Bingo Revenue |
67,292.18 |
| 4014 |
Parkland Academy Fundraising |
14,352.05 |
|
Golf Tournament Fundraiser |
1,017.14 |
| Total 4014 |
Parkland Academy Fundraising |
15,369.19 |
| 4021 |
Baseball Academy |
250,438.00 |
| 4022 |
Academy After School Revenue |
46,744.00 |
| 4091 |
Academy Travel Games |
4324.34 |
|
Academy/Winter Camps |
21,310.00 |
| Total 4021 |
Baseball Academy |
79,475.68 |
| 4025 |
Sponsorship Revenue |
5,910.00 |
| 4028 |
Coaches Clinic |
400.00 |
| 4035 |
Tournament Revenue |
11,000.00 |
| 4075 |
Rep Tryout Fees |
3,090.00 |
| 4080 |
Income - Diamond use |
14,376.00 |
| 4081 |
Baseballs Sold |
10,233.00 |
| 4095 |
Softball - Misc |
34,897.73 |
| 4301 |
Cost Recovery |
134,758.72 |
| 4440 |
Interest Revenue |
23,756.45 |
| 4500 |
Recreation Apparel |
160.00 |
| 4501 |
Softball Apparel |
15,552.71 |
| Total 4500 |
Recreation Apparel |
15,712.71 |
| 47900 |
Donations |
9,772.93 |
|
Sales |
0.00 |
|
Uncategorized Income |
0.00 |
| Total Income |
|
911,182.69 |
|
|
|
| EXPENSES |
|
|
|
|
|
| 5610 |
Professional Fees |
1,050.00 |
| 5611 |
Honorarium |
1,615.00 |
| 5615 |
Advertising and promotion |
2,020.20 |
| 5630 |
Dues, Licenses & Fees |
4,148.13 |
| 5632 |
Registration Expense |
44,957.50 |
| 5636 |
Bingo Concession Expense |
1,556.70 |
| 5637 |
Bingo Credits |
3,673.15 |
| 5685 |
Insurance Expense |
2,351.86 |
| 5690 |
Interest & Bank Charges |
21.50 |
| 5691 |
Bank charges - Academy |
174.79 |
| 5695 |
Payroll Expenses - Academy |
212,711.34 |
| 5700 |
Office Supplies |
2,512.84 |
| 5710 |
Cleaning Supplies |
1,337.97 |
| 5711 |
Service Charges |
5,396.04 |
| 5720 |
Player Pictures |
14,127.44 |
| 5725 |
Tournament Expense |
26,469.48 |
| 5740 |
Umpires |
31,300.94 |
| 5741 |
Umpire Fees - Academy |
1,025.00 |
| 5742 |
Umpire - Softball |
-346.50 |
| Total 5740 |
Umpires |
31,979.44 |
| 5743 |
Camp/Clinic Expenses |
59.20 |
| 5743A |
Academy Camp Expenses |
-325.00 |
| 5743B |
Softball Camp Expenses |
7,484.50 |
| Total 5743 |
Camp/Clinic Expenses |
7,218.70 |
| 5745 |
Coach training/education |
553.26 |
| 5746 |
AGM costs |
277.20 |
| 5747 |
Academy - Training (accumen) |
8,843.52 |
| 5760 |
Ball Diamond Rental |
109,790.20 |
| 5762 |
Academy Facility/Diamond Rental |
15,875.18 |
| 5764 |
Softball Diamond Rental |
32,726.62 |
| Total 5760 |
Ball Diamond Rental |
158,392.00 |
| 5765 |
Repairs and Maintenance |
4,542.28 |
| 5766 |
Softball - Repairs & Maintenance |
4,770.26 |
| Total 5765 |
Repairs and Maintenance |
9,312.54 |
| 5773 |
Baseball Equipment |
117,487.97 |
| 5773B |
Softball Equipment |
12,743.03 |
| Total 5773 |
Baseball Equipment |
130,231.00 |
| 5774 |
Apparel |
103,303.72 |
| 5774A |
Academy Apparel |
8,996.40 |
| 5774B |
Softball Apparel |
23,932.12 |
| Total 5774 |
Apparel |
136,232.24 |
| 5775 |
Baseballs |
12,913.69 |
| 5785 |
Telephone Expense |
145.76 |
| 5786 |
Softball Misc Expenses |
37,779.48 |
| 5790 |
Utilities |
1,403.40 |
| 5791 |
Epcor |
617.44 |
| 5792 |
Direct Energy |
355.08 |
| Total 5790 |
Utilities |
2,375.92 |
| 5796 |
Fundraising (other) |
9,248.60 |
| 5797 |
Donation |
-250.00 |
| 5798 |
Rep Coach Honorarium |
25,500.00 |
| 5799 |
Rec Coach Credits |
192.45 |
| 5815 |
Meeting - Board and Executive |
25.00 |
|
Academy Expenses |
29,811.56 |
|
Academy Tournament Fees |
600.00 |
|
Coach Equipment Allowance |
238.33 |
|
Uncategorized Expense |
482.85 |
| Total Expenses |
|
926,277.48 |
| Profit |
|
-15,044.79 |
| Balance Sheet |
| October 2023 - September 2024 |
|
|
|
|
|
TOTAL |
| ASSETS |
|
|
| CURRENT ASSETS |
|
|
| 1060 Servus - General Account |
|
360,378.43 |
| 1065 Servus - Bingo Account |
|
23,208.18 |
| 1070 Servus - Casino Account |
|
1,908.96 |
| 1075 Servus common shares (General) |
|
235.85 |
| 1076 Servus common shares (Bingo) |
|
54.31 |
| 1077 Servus common shares (Twins) |
|
1.24 |
| 1078 Servus Rewards (General) |
|
130.32 |
| 1079 Servus Rewards (Twins) |
|
6.87 |
| 1080 Twins Community Account (Academy) |
|
89,045.37 |
| 1085 Softball Account |
|
27,038.34 |
| 1086 Common Shares Softball |
|
1.00 |
| 1086 Challenger |
|
22,799.80 |
| 1091 Challenger Common Shares |
|
1.27 |
| 1201 Undeposited Funds |
|
0.00 |
| Total Cash and Cash Equivalent |
|
524,809.94 |
| Accounts Recievable (A/R) |
|
79,169.65 |
| Total Current Assets |
|
590,719.25 |
| Non-current Assets |
|
|
| Property. plant and equipment |
|
|
| 1400 Investments |
|
1.00 |
| 1820 Equipment |
|
33,532.95 |
| 1825 Accum amort - equipment |
|
-31,144.12 |
| Total Property, plant and equipment |
|
2,389.83 |
| 1100 GIC Investment |
|
0.00 |
| Total Non Current Assets |
|
2,389.83 |
| Total Assets |
|
593,109.08 |
|
|
|
|
|
TOTAL |
| LIABILITIES AND EQUITY |
|
|
| Accounts Payable (A/P) |
|
|
| 2100 Accounts Payable |
|
-37,358.40 |
| Total Accounts Payable |
|
-37,358.40 |
| 2105 Accrued Liabilities |
|
4,909.38 |
| 2110 Bingo Credit Liabilities |
|
3,502.40 |
| 2180 EI Payable |
|
0.00 |
| 2185 CPP Payable |
|
0.00 |
| 2190 Federal Income Tax Payable |
|
0.00 |
| 2320 GST/HST Payable |
|
-609.25 |
| Unearned Revenue |
|
240,300.00 |
| Total Current Liabilities |
|
210,744.13 |
| Equity |
|
|
| 30000 Opening Balance Equity |
|
0.00 |
| Retained Earnings |
|
397,409.74 |
| Profit for the year |
|
-15,044.79 |
| Total Equity |
|
382,364.95 |
| Total Liabilities and Equity |
|
593,109.08 |
|
|
|
