Test Membership Report Vol.1

Junior Golf Foundation Financial Statement Budget 2012 Current % 2012 2011 2010 2009 2008 2007 2006 2005 Dues 220,225 100 221,745 163,625 168,450 171,460 169,290 169,125 147,000 107,775 Fundraising 622,725 116 720,547 760,086 834,226 756,038 895,489 535,859 558,500 478,350 Grants / Donations 18,000 176 31,733 24,397 20,330 50,431 11,671 29,357 31,000 47,515 Interest 6,000 470 28,210 5,594 21,362 35,840 -54,738 9,997 5,000 3,306 500 371 1,853 1 0 0 0 1,953 0 0 Through: December 31, 2012 INCOME: Other / Miscellaneous Sponsors 130,750 95 124,250 129,338 146,499 98,595 122,034 110,937 155,000 116,274 Tournament Entry Fees 711,268 104 740,747 663,138 617,511 535,607 489,010 528,441 393,600 356,549 1,709,486 109 1,869,08 5 1,746,179 1,808,38 0 1,647,97 1 1,632,75 6 1,385,66 9 1,290,10 0 1,109,76 9 Automobile * 47,560 104 49,294 54,820 41,899 39,965 32,672 30,817 34,000 25,047 Community Golf Programs 115,800 97 112,585 81,315 74,313 30,062 17,399 6,201 49,570 35,374 Equipment Leases * 16,100 61 9,788 16,327 15,276 15,512 13,872 19,933 16,500 13,590 Equipment/Furniture Purchases * 4,600 130 5,963 2,103 5,233 731 10,324 2,419 15,000 3,672 Fundraising 155,300 117 182,290 168,348 190,850 176,448 198,241 175,112 185,000 138,409 Insurance * 58,735 89 52,419 53,517 56,210 50,320 46,208 45,411 41,250 37,072 Meetings / Governance * 23,575 81 19,116 9,787 18,659 14,464 23,790 9,334 10,250 12,209 Miscellaneous * 1,725 194 3,339 2,238 2,802 1,806 5,540 2,162 2,500 2,076 Office Space * 44,763 95 42,533 41,304 45,765 44,008 46,360 40,859 39,125 0 Postage General Office 11,000 107 11,730 11,649 13,440 11,294 10,565 14,441 4,000 3,701 Printing General Office 2,000 6 118 887 2,006 0 95 1,887 2,000 248 Professional Services * 5,400 82 4,429 3,760 3,695 4,090 4,195 8,335 5,000 2,585 Publications * / Junior Packets 41,660 103 42,832 12,771 13,001 20,899 53,354 46,915 56,900 57,907 Salaries * 583,400 100 584,517 642,352 681,836 681,658 564,396 505,464 434,325 417,379 Scholarships 88,450 90 79,300 69,800 81,650 63,780 81,000 66,000 65,430 56,417 Sponsors / Public Relations * 26,825 39 10,340 8,855 8,283 7,637 11,536 7,962 7,500 7,431 Staff * 26,700 116 30,953 31,016 23,134 19,070 19,219 19,058 17,150 18,189 Storage 3,450 115 3,956 3,056 3,272 1,970 1,832 2,152 2,500 2,275 Supplies 5,750 83 4,736 16,227 13,974 11,477 23,589 15,559 16,000 11,014 Taxes * 46,000 98 45,148 45,014 41,574 36,612 35,645 30,682 35,000 27,808 Telephone* 18,775 92 17,208 17,794 14,539 17,643 13,573 19,202 12,000 10,957 Tournament Operations 381,918 109 416,612 355,465 317,611 283,377 245,582 294,481 239,100 210,260 1,709,486 101 1,729,20 6 1,648,406 1,669,02 2 1,532,70 7 1,458,98 9 1,364,45 7 1,290,10 0 1,103,10 1 139,878 97,175 139,358 115,263 173,767 21,213 0 6,668 TOTAL INCOME: EXPENSE: (* Foundation pays 57.5%) TOTAL EXPENSE: NET: 0 11

Test Membership Report Vol.1 | Page 12