AFE-Madison: Financial Summary for 1998

March 6 1999
Paramjit Oberoi <param@cs.wisc.edu>

Income
           All donations                                     $2,724.76
           (>1k) Returned Peace Corps Volunteers(1/14/98)    $1,000.00
           (>1k) Returned Peace Corps Volunteers(12/7/98)    $1,000.00

           Investment Income (Interest)                          $0.00
           Special Fundraising Events                            $0.00
           Sale of Inventory
                   Gross Revenue                               $838.00
                   Cost of Goods Sold                          $280.00
                   Net Revenue                                 $558.00
           Total Revenue                                     $3,282.76

Expenses
           Grants Paid
                   Swanirwar                                 $1,500.00
                   Address:  Andharmanik, Baduria North 24 Parganas
                             West Bengal, India 743401.
                   Purpose:  Educational Materials and Teaching Aids
                             for three schools run by Swanirwar; Starting a 
                             program called "Kishore-Kishori-Bahini" for village
                             youth that organizes health clinics, agricultural camps,
                             etc and conducts surveys in the village.

           Postage & Banking Expenses                           $36.00

           Total Expenses                                    $1,536.00


Summary
           Excess for the Year                               $1,746.76
           Opening Balance                                   $4,477.44
           Ending Balance                                    $6,224.20

Notes:

1. The opening balace of 1998 does NOT match the closing balance on ashanet.org
   because the numbers on ashanet.org are incorrect.
2. "Cost of goods sold" has been computed by adding up the cost of procurement of
   goods in 1998. (i.e. if we bought something in 1997 and sold it in 98, it would have
   been added to gross revenue but not to cost of goods sold.)