Corporate Treasurer


2000 Financial Statement

Greeting to All!

One of the duties of the Treasurer is to publish our financial information to the membership annually. The information used for this report is taken directly from the SCA's tax report (the 990) that is filed with the Internal Revenue Service.

The reason you are seeing 2000 information published in 2001 because of the scheduling of this report. It takes almost an entire year to collect, balance and correct all the information from all our reporting entities. This is every local shire, barony and guild that holds money in the name of the SCA as well as the Kingdoms and Principalities, the newsletters and the Corporate Office. This information is given to our accountant, who then produces the report for the Internal Revenue Service. This report is filed late in the year following the one which is being reported on.

As you can see, our organization continues to prosper financially. Much of the money that comes in is paid in as event fees, and most of that money goes right out as event expenses. Most of the rest of our income is membership and subscription fees, and that money is used to publish the newsletters and Tournaments Illuminated, purchase insurance, and support the Society structure. Our Kingdoms and other branches are all fiscally healthy and have enough funds on hand to carry out their activities.

Any questions you have about this report can be addressed to me at - I'll do my best to answer if I can.

The following statement is a summary of the SCA's 2000 Form 990, Parts I and IV, as filed with the Internal Revenue Service in 2001.

Revenue, Expenses, and Changes in Net Assets or Fund Balances
Contributions, gifts, grants, and similar amounts received: (Direct public support)
Program Service Revenue (Event related income)
Membership Dues and assessments
Interest on savings and temporary cash investments
Grosss income from sale of assets other than inventory
Net income or (loss) from special events
Gross sales of inventory, less return and allowances
   Less: Cost of goods sold
 $ (25,470)
Gross profit or (loss) from sales of inventory
Other revenue
     Total Revenue
Program services (event related expenses)
Management and general
   Total Expenses
Net Income
Balance Sheets
 Beginning of year
 End of year
Cash non-interest bearing
Savings and temporary cash investments
Accounts receivable
Inventories for sale or use
Land, buildings, and equipment: basis
   Less:  accumulated depreciation
Other assets
   Total Assets
Accounts Payable and accrued expenses
Deferred revenue
Other liabilities
   Total Liabilities
Paid-in or capital surplus, or land building, and equipment fund
 $ 1,039,921
 $ 1,039,921
Retained earnings, endowment, accumulated income or other funds
   Total Net Assets or Fund Balances
Total Liabilities & Net Assets or  Fund Balances
   Change in Net Assets

Last Updated on 2/15/2002
By Tom Bilodeau, Corporate Treasurer -

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