Roadracing World Action Fund, Inc.

Accounting

May 21, 2008
Accounting Details to Date

Road Racing Expenditure Details

Direct purchase of soft barriers: $406,969.61

Shipping/Customs: $24,455.39

Bank Fees: $549.05
Air Fence* Deployment Crew Training: $700
Transportation & Installation: $8,569.78
Corporation/Business Fees: $1782
Online Auction Fees: $221.99
Printing Education Materials: $346.42
Misc Supplies: $39.59

Donation to AMA Pro Racing for Air Fence: $104,104

Red Flag Fund/Fundraiser split $4500

Total Spent: $552,237.83

Total Donations Collected: $564,776.97

Misc. Income: $118.31

Cash on hand: $12,657.45

Dirt Track Expenditure Details

Direct purchase of soft barriers: $34,500

Shipping/Customs: $2717.72

Transportation & Installation $2174.77

Total Spent: $39,392.49

Total collected: $44,047.97

Cash on hand: $4,655.48

All administrative costs, including the percentage taken by credit card companies on credit card donations, have been absorbed by Roadracing World Publishing, Inc.

*Trademark of Airfence Safety Systems Australia.