Annual Report 2007/2008

Statements of financial position ASSETS Cash and Cash Equivalents Accounts Receivable less Allowance for Doubtful Accounts of $3,000 in 2008 and $3,000 in 2007 Accounts Receivable — Affinity Partners Prepaid Expenses Investments Inventory Property, plant and equipment, net Antique Ramblin' Wreck Total Assets LIABILITIES AND NET ASSETS 2008 Liabilities: Accounts Payable Accrued expenses Deferred revenue Line of Credit Total Liabilities Commitments and contingencies Unrestricted net assets: Expended for property, plant and equipment Available for operations Total unrestricted net assets Total liabilities and net assets $209,579 207,461 310,000 727,040 2007 $284,675 185,161 311,050 780,886 2008 $184,643 2007 $575,497 302,380 54,406 7,948 436,121 12,500 997,998 190,447 47,314 18,182 457,405 12,500 1,301,345 448,621 (177,663) 270,958 $997,998 469,905 50,554 520,459 $1,301,345 2007-08 ANNUAL REPORT | GEORGIA TECH ALUMNI ASSOCIATION 17

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