| Current Month | Year To Date | |
| Sources of Working Capital | ||
| Net Income | 10,270.24 | 100,122.16 |
| Add back items not requiring | ||
| working capital | ||
| Working capital from operations | 10,270.24 | 100,122.16 |
| Other sources | ||
| FIXED ASSETS: FURN &EQUIP | 0.00 | 1,383.52 |
| ACCUMULATED DEPRECIATION | 9,128.73 | 73,287.30 |
| DUE TO LMA - LOAN | 2,131.25 | 18,699.75 |
| Total sources | 21,530.22 | 193,492.73 |
| Uses of working capital | ||
| FIXED ASSETS: TELEPHONE | 0.00 | <3,033.87> |
| FIXED ASSETS: COMPUTER | 0.00 | <6,565.88> |
| FIXED ASSETS: FURN &EQUIP | 0.00 | <2,043.11> |
| NOTES PAYABLE | 0.00 | <22,131.75> |
| NOTES PAYABLE - COMPUTER | 0.00 | <9,017.49> |
| DUE TO LMA - LOAN | <42,175.24> | <42,175.24> |
| Total uses | <42,175.24> | <84,967.34> |
| Net change | <20,645.02> | 108,525.39 |
| Analysis of componants of changes | ||
| Increase <Decrease> in Current Assets | ||
| OPERATING ACCOUNT | <36,857.69> | <172,509.24> |
| VOUCHER ACCOUNT | 500.00 | 3,500.00 |
| PETTY CASH | 282.36 | 282.36 |
| ACCOUNTS RECEIVABLE | <4,250.47> | 41,461.65 |
| RESERVE - DOUBTFUL ACCTS. | <1,000.00> | <10,000.00> |
| DUE FROM LMA: RECOG. REV. | <180,034.21> | <52,077.61> |
| DUE FROM LMA: OTHER | <2,983.88> | <300.00> |
| DUE FROM CHESS TRUST | 1,300.00 | 6,481.55 |
| CT: 99 CHESSATHON | 0.00 | <11,173.32> |
| CT: DONATIONS PATRON | 0.00 | <20,780.00> |
| CT: DONATIONS SCHOL SETS | 0.00 | <1,048.00> |
| CT: ADMIN USCF | 1,643.94 | 9,795.52 |
| CT: SCHOLASTIC ENTRIES | 0.00 | <408.00> |
| CT: POSTAGE | 0.00 | <2,218.20> |
| CT: MISC. OTHER | 0.00 | <9,312.89> |
| EXCHANGE | 8,000.00 | 8,929.00 |
| EXCHANGE: PAYROLL | 0.00 | <10,946.35> |
| AP/AR EXCHANGE | 0.00 | 1,145.40 |
| EXCH: MULTIMEDIA | 0.00 | 2,000.00 |
| EXCH: FIDE - Rapid Rating | <5.00> | <232.00> |
| EXCHANGE: MISCELANEOUS | 0.00 | 209.60 |
| RETURNED CHECKS | 374.60 | 3,439.11 |
| RET CREDIT CARD CHARGES | 0.00 | 5,110.27 |
| PAYROLL TRANSFER | <11,694.02> | <1,638.32> |
| ROYALTIES RECEIVABLE | 0.00 | <9,170.42> |
| INVENTORY | <54,044.30> | <3,211.23> |
| PREPAID EXPENSES | 3,145.72 | 3,145.72 |
| PREPAID-PROPERTY TAXES | <1,127.27> | 2,207.88 |
| PREPAID-INSURANCE | 7,337.55 | 167.52 |
| PREPAID-REPAIRS & MAINT. | <467.19> | <2,325.96> |
| PREPAID-INVENTORY | 29,265.51 | 108,792.31 |
| DFD OPN PRZ 99 NATL OPEN | 0.00 | 50.00 |
| PATENTS | <86.67> | <866.70> |
| <Increase> Decrease in Current Liabilities | ||
| ACCOUNTS PAYABLE | 39,570.90 | 18,054.72 |
| ADDITIONAL ACCTS. PAYABLE | 0.00 | 6,000.00 |
| ACCRUED ACCTS. PAYABLE | 5,848.07 | 39,406.57 |
| ACCTS PYBLE: INTERNET CC | 0.00 | 71.00 |
| CT: OTHER | 0.00 | <4.38> |
| CT: DONATIONS | 0.00 | 4,871.78 |
| DUE TO LMA | 139,993.25 | 53,284.25 |
| ACCRUED EXPENSES PAYABLE | <833.33> | 5,773.78 |
| ACCR. EXP.-PENSION PLAN | <4,419.18> | <30,713.47> |
| ACCR. EXP.-PROFESS. FEES | <3,000.00> | 1,500.00 |
| ACCR. EXP.-SALARIES PYBLE | 37,073.63 | 9,251.54 |
| ACCR. EXP.-VACATION PYBLE | <5,000.00> | 11,210.75 |
| ACCRUED FOR SASP | 0.00 | 5,399.50 |
| FEDERAL WITHHOLDING TAX | 0.00 | 1.00 |
| FICA PAYABLE | 0.00 | <0.14> |
| NYS WITHHOLDING TAX | 0.00 | 90.22 |
| NYS SALES TAX PAYABLE | 2,002.50 | 5,551.83 |
| TAX - ALBANY | 0.00 | <16.22> |
| TAX - ALLEGANY | 0.00 | <3.23> |
| TAX - BROOME | <2.87> | <10.33> |
| TAX-OLEAN,cty (CATTAUGUA) | 0.00 | <3.86> |
| TAX - CAYUGA | 0.00 | <13.95> |
| TAX - CHAUTAUGUA | 0.00 | <21.47> |
| TAX - CHEMUNG | <13.10> | 21.79 |
| TAX - CHENANGO | 0.00 | <7.19> |
| TAX - CLINTON | <4.97> | <46.59> |
| TAX - COLUMBIA | 0.00 | <4.57> |
| TAX - CORTLAND | 0.00 | <1.13> |
| TAX - DELAWARE | 0.00 | <20.90> |
| TAX - DUTCHESS | <23.07> | <120.39> |
| TAX - ERIE | <32.94> | <133.98> |
| TAX - ESSEX | 0.00 | <12.44> |
| TAX - FRANKLIN | <6.12> | <22.26> |
| TAX - GENESEE | 0.00 | <5.07> |
| TAX - GREENE | 0.00 | <14.47> |
| TAX - LEWIS | <10.13> | <16.16> |
| TAX - LIVINGSTON | 0.00 | <5.08> |
| TAX - MADISON | 0.00 | <3.89> |
| TAX-ONEIDA,cty (MADISON) | 0.00 | 18.07 |
| TAX - MONROE | <63.36> | <212.86> |
| TAX - NASSAU | <33.77> | <148.16> |
| TAX - NEW YORK CITY | <285.53> | <1,756.58> |
| TAX - NIAGARA | <2.95> | <13.07> |
| TAX - ONEIDA | 0.00 | <17.08> |
| TAX-ROME,cty (ONEIDA) | 0.00 | <2.14> |
| TAX-UTICA, cty(ONEIDA) | 0.00 | <2.07> |
| TAX - ONONDAGA | <41.32> | <198.84> |
| TAX - ONTARIO | <4.36> | <17.24> |
| TAX - ORANGE | <84.45> | <1,130.25> |
| TAX - ORLEANS | <3.00> | <3.00> |
| TAX - PUTNAM | <2.20> | <3.94> |
| TAX - RENSSELAER | <2.06> | <17.25> |
| TAX - ROCKLAND | <1.41> | <9.26> |
| TAX - SARATOGA | <5.24> | <56.90> |
| TAX - SCHENECTADY | 0.00 | <32.94> |
| TAX - STEUBEN | <10.00> | <24.49> |
| TAX - SUFFOLK | <35.06> | <120.74> |
| TAX - SULLIVAN | <4.94> | <11.40> |
| TAX - TOMPKINS | 0.00 | <17.23> |
| TAX-ITHACA,cty (TOMPKINS) | 0.00 | <3.42> |
| TAX - ULSTER | <1.38> | <62.25> |
| TAX - WARREN | 0.00 | <3.19> |
| TAX - WASHINGTON | <1.60> | <18.07> |
| TAX - WAYNE | <9.52> | <17.30> |
| TAX - WESTCHESTER | <39.51> | <341.88> |
| TAX-WHITE PLAINS,cty(WSTC | <3.45> | <36.25> |
| TAX-YONKERS,cty (WSTCHST) | 0.00 | <20.16> |
| TAX - WYOMING | <4.08> | <7.64> |
| TAX - YATES | 0.00 | <1.60> |
| SALES TAX: OUT OF STATE | <2,565.68> | 74.37 |
| DEF. REV. ROYALTIES | 0.00 | 15.00 |
| DEF. REV. GIFT CERTIFICTS | 752.71 | 1,725.42 |
| DEF. REV. TNMT GIFT CERT. | 7,652.06 | 7,652.06 |
| DEFERRED CORRES. CHESS PRIZES | 0.00 | 4,475.00 |
| DEFERRED OPEN REVENUES | <35.00> | <2,365.00> |
| DFD OPN E FEES | 4,227.21 | 11,751.43 |
| DFD OPN E FEES 98 PAN AM | 0.00 | <4,885.00> |
| DFD OPN E FEES 98 US JR O | 0.00 | 70.00 |
| DFD OPN E FEES 98 USAT MW | 0.00 | <255.00> |
| DFD OPN E FEES MISC | 0.00 | 2,000.00 |
| DFD INC MULTI REGULAR | 2,211.24 | 70,398.37 |
| DFD INC MULTI SR | <431.37> | 5,453.83 |
| DFD INC MULTI YOUTH | <27.17> | 6,469.33 |
| DFD INC MULTI SCHOLASTIC | <2,279.90> | 197.50 |
| DEF REV CORRES. CHESS | 200.00 | <100.00> |
| G.M. BENEFITS FUND | <151.55> | <7,645.00> |
| CHESS INFORMANT ACCOUNT | 0.00 | <5.00> |
| Net change | <20,645.02> | 108,525.39 |