SKIM  USA  FINANCIAL STATEMENT
		OCTOBER 1, 2005 THROUGH SEPTEMBER 30, 2006
BEGINNING BALANCE					$3,502.17
INCOME
Membership Fee			$3,060.00
Sponsorship Fee			$15,175.00
Contest Entry Fee			$11,437.17
Late Fee			$260.00
Misc. Income			$121.00
Return of Charge Bag			$300.00
Scholarship Fund			$1,010.00
Shirt Sales			$5,563.00
	Total Income				$36,926.17
EXPENSES
Advertising			$1,509.40
Art Work			$1,075.00
Change Bank			$300.00
Contest Expenses			$8,567.31
Contest Tee Shirts			$6,750.05
Equipment Trailer			$43.42
Insurance			$700.00
Office Expense			$119.12
Postage			$91.30
Program Expenditures			$14,000.00
Rturn Checks			$100.00
Scholarship Award			$1,500.00
Specail Event Fee			$300.00
Tax			$24.94
Miscellaneous Expense			$337.17
Travel Expenses			$1,153.03
	Total Expenses				$36,570.74
	Ending Balance				$3,857.60