Budget



NL for Gold Summary
Date Total Fed Govt Prov Govt CYA Scholarship Family Cost Recovery
12-Feb-09 #
20-Apr-09 # 7,200.00 3,000.00
09-Sep-09 # 7,200.00 450.00 10,000.00
11-Feb-10 # 7,200.00
01-Aug-10 #
31-Jan-11 # 19000
29-Mar-11 # 5,400.00 7,000.00
30-May-11 # 3,500.00
# 27,000.00 7,000.00 3,450.00 3,500.00 10,000.00 19,000.00
Sub #
Corporate
NLLC #
Oceanex #
Sub #
Total Raised
#
#
#
#
#
#
#
#
#
#
#
# $30,000 corporate and $10,000 Provincial is in this total so subtract
Prov Govt # Separate from above
Sub # Made up by family financing
Summary
NL for Gold
Investment and Funding Sources to Date and Budget
Surplus / Deficit Summary – July 2011          
To Date August 2011 to 
May 2012**
 
Investment  $  355,229  $          197,280
 
Funding Sources  
Corporate Sponsorships  $    57,000  $                        -
Federal Government  $    27,000  $             24,000
Canadian Yachting Association  $       3,450  
Scholarship  $       3,500  
Equipment Sale  $    19,000  $             18,000
Private Donations  $  134,598  $                        -
Family Cash Investment  $  110,682  $             58,000
 $  355,229  $          100,000
 
Surplus / Deficit  $                - -$            97,280
**See Budget Detail for uses and timing of required investment


NL for Gold
Budget Detail for Period August 2011 to May 2012 (up to Olympic Qualification)
Surplus / Deficit Summary – July 2011                  
Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Total
Revenue
Corporate Sponsorships                      $                -
Federal Government  $    1,800  $     1,800  $    1,800  $    1,800  $    1,800  $    3,000  $    3,000  $    3,000  $    3,000  $    3,000  $    24,000
Equipment Sale  $  18,000  $    18,000
Private Donations                      $                -
Family Cash Investment  $    9,000  $   49,000                  $    58,000
 $  10,800  $   50,800  $    1,800  $    1,800  $    1,800  $    3,000  $  21,000  $    3,000  $    3,000  $    3,000  $  100,000
Expenses
Travel  $    2,900  $              -  $    9,000  $             -  $    2,500  $             -  $    1,800  $             -  $    1,200  $    4,500  $    21,900
Living  $    3,000  $     3,000  $    1,500  $    2,900  $    2,000  $    3,000  $    1,500  $    2,500  $    2,500  $    2,200  $    24,100
Accommodation  $    2,000  $     2,000  $    1,500  $    2,500  $    2,200  $    3,000  $    1,200  $    2,200  $    2,200  $    2,000  $    20,800
Equipment  $    1,000  $   30,500  $        500  $    5,300  $        300  $    1,500  $        500  $    2,500  $        300  $    5,800  $    48,200
Shipping  $             -  $     1,000  $             -  $             -  $             -  $             -  $    3,000  $             -  $             -  $             -  $       4,000
Coaching  $             -  $   12,200  $             -  $    5,580  $    7,620  $    9,360  $             -  $    9,160  $    8,160  $  11,200  $    63,280
Gear Breakage  $    1,500  $     1,500  $    1,500  $    1,500  $    1,500  $    1,500  $    1,500  $    1,500  $    1,500  $    1,500  $    15,000
 $  10,400  $   50,200  $  14,000  $  17,780  $  16,120  $  18,360  $    9,500  $  17,860  $  15,860  $  27,200  $  197,280
Surplus / Deficit  $        400  $         600 -$ 12,200 -$ 15,980 -$ 14,320 -$ 15,360  $  11,500 -$ 14,860 -$ 12,860 -$ 24,200 -$    97,280