12/31/2012 NSC Final Budget; 2012 Actual vs Plan YTD and 2013, 2014 Plan2012 Variance 2013 2014

2012 Annual Projected Actual plus Favorable! Annual AnnualBudget Actual To Date thru 12!12 Projected (Unfavorable) Plan Plan

REVENUEDonations (Pledged Income) $ 60.000 $ 45}OO $ $ 45,700 $ (14,300) $ 50,000 $ 50,000

Natural Stone Alliance (Grants) $ 65.000 $ 65,185 s $ 65,185 $ 185 $ 27,000 $ 27,000

Misc. Other Income s $ $ $ $ $ $Gov't Appropriations, Grants or Other s $ $ S $ $ $Interest Income $ 120 $ 149 $ $ 149 $ 29 $ 100 $ 10

Total Revenue $ 125,120 $ 111,034 $ $ 111,034 $ (14,086) $ 77,100 $ 77,010

EXPENSE (See Expense Detail)

Professional ServicesProductionMcKee Wallwork Cleveland $ $ $ $ $ $ $Attorney (Trademark and Other) $ 3.000 $ S S $ 3,000 $ 1,000 $ 1,000

Website $ 5,000 $ 5,195 S $ 5,195 $ (195) $ 2,000 $ 1,000

Website Hosting $ 600 $ 155 S $ 155 $ 445 $ 250 $ 250

Internet Media $ $ S s $ $ $Media Buy $ $ s $ $ $ $

Subtotal Website,Media&Legal $ 8,600 $ 5,350 $ $ 5,350 $ 3,250 $ 3,250 $ 2,250

Public Relations Services

CDNideo Revisions, Bill Levy $ 5.000 $ $ $ $ 5,000 $ 5,000 $Public Relations $ $ s $ s $ $

Subtotal Public Relations $ 5,000 $ $ $ $ 5,000 $ 5,000 $

Subtotal Professional Services $ 13,600 $ 5,350 $ $ 5,350 $ 8,250 $ 8,250 $ 2,250

Green Building InitiativeUSGBC Fees $ 1.000 $ 500 $ $ 500 S 500 $ 1,000 $ 1,000

Sustainability Certification Development, Task 1, (Ecoform) $ 22.340 $ 18,340 $ $ 18,340 S 4,000 $ 4,000 $Sustainability Verification Compliance, Task 2, (Ecoform) $ 45,000 $ $ $ S 45,000 $ 45,000 $Sust. Launch Stone Certification Program, Task 3, (Ecoform) $ 15.000 $ $ $ S 15,000 $ 65,000 $ 10,000

Sustainability Support & Misc. $ 10.000 $ 250 s $ 250 $ 9,750 $ 25,000 $ 1,000

Subtotal Green Building Initiative $ 93,340 $ 19,090 $ $ 19,090 $ 74,250 $ 140,000 $ 12,000

Safety and Technology InitiativesOSHA, MSHA Related Assoc. $ 1,000 $ s $ $ 1,000 $ 1,000 $ 1,000

Technology Research Assoc. $ $ $ $ $ $ $Univ. and Other Independent Studies/Research $ $ $ $ $ $ $Misc. $ 1,000 $ $ S $ 1,000 $ 1,000 $ 1,000

Subtotal S & T Initiative $ 2,000 $ $ $ $ 2,000 $ 2,000 $ 2,000

Trade Show ExpensesAlA Show $ 15,000 $ 15,134 $ $ 15,134 $ (134) $ 14,000 $ 14,000USGBC - Greenbuild $ 11,000 $ 9,065 $ $ 9,065 $ 1,935 $ 9,000 $ 9,000

Other Trade Shows $ 500 $ $ $ $ 500 $ 500 $AlA CES Renewal s $ $ $ $ $ $

Subtotal Trade Shows $ 26,500 $ 24,198 $ $ 24,198 $ 2,302 $ 23,500 $ 23,000

StonExpo Las Vegas

Booth on site & move in plus Travel $ 10,000 $ 10,069 $ 10,069 s (69) $ 10,000 $ 10,000Board Expense $ 1,000 $ 1,754 $ 1,754 s (754) $ 1,500 $ 1,500

Subtotal StonExpo $ 11,000 $ 11,823 $ $ 11,823 $ (823) $ 11,500 $ 11,500

Subtotal Show and Expo Fees $ 37,500 $ 36,021 $ $ 36,021 $ 1,479 $ 35,000 $ 34,500

FundraisingMisc. Support $ $ $ $ $ $ $

$ $ $ $ $ $ $Funding (Appropriations Consultant) $ $ $ $ $ $ $

Subtotal Fundraising $ $ $ $ $ $ $

OtherTBDMisc. reserve $ 1,000 $ 250 $ 250 $ 750 $ 500 $ 250

Subtotal other $ 1,000 $ 250 $ $ 250 $ 750 $ 500 $ 250

Total Operating Expense $ 147,440 $ 60,711 $ $ 60,711 $ 86,729 $ 185,750 $ 51,000

Management FeesManagement Fees ( Duke) $3,208.33IMonth $ 38,500 $ 38,500 $ 38,500 $ 0 $ 38,500 $ 38,500D&O Insurance $ 1,500 $ 1,523 $ $ 1,523 $ (23) $ 1,500 $ 1,500Bank Fees $ 1,000 $ 878 $ 878 $ 122 $ 250 $ 250Legal $ 500 $ 200 $ $ 200 $ 300 $ 500 $ 500Accounting Mgt $ 1,000 $ 1,250 $ $ 1,250 $ (250) $ 1,000 s 1,000

General Meeting Expense $ 1,000 $ $ $ 1,000 $ 1,000 $ 1,000

General Office Expense $ 2,000 $ 1,531 $ 1,531 $ 469 $ 1,500 $ 1,500

Added Support & Expenses (Staff, etc.) $ 3,000 $ $ $ $ 3,000 $Subtotal Management Fees $ 48,500 $ 43,882 $ $ 43,882 $ 4,618 $ 44,250 $ 44,250

Total Expense $ 195,940 $ 104,593 $ $ 104,593 $ 91,347 $ 230,000 $ 95,250

Net Change, Net Income $ (70,820) $ 6,441 $ $ 6,441 $ 77,261 $ (152,900) $ (18,240)

Beginning Cash $ 165,270 $ 165,270 $ 171,711 $ 18,811Ending Cash $ 94,450 $ 171,711 $ 18,811 $ 571

3:48 AM Natural Stone Council01/26/13Accrual Basis Balance Sheet Prev Year Comparison

As of December 31,2012

Dec 31,12 Dec 31,11 $ Change % Change

ASSETS

Current Assets

Checking/Savings

10000 . Citizen's Bank -6959 19,783.06 47,143.59 -27,360.53 -58.04%

10008· Premo Bus. Money Market 5118 151,927.91 117,779.09 34,148.82 28.99%

10010· Merchant Bank Account ...6296 0.00 347.27 -347.27 -100.0%

Total Checking/Savings 171,710.97 165,269.95 6,441.02 3.9%

Accounts Receivable11001 . Accounts Receivable 0.00 3,000.00 -3,000.00 -100.0%

Total Accounts Receivable 0.00 3,000.00 -3,000.00 -100.0%

Other Current Assets

11000 . Pledge Income Receivable 0.00 -3,000.00 3,000.00 100.0%

Total Other Current Assets 0.00 -3,000.00 3,000.00 100.0%

Total Current Assets 171,710.97 165,269.95 6,441.02 3.9%

TOTAL ASSETS 171,710.97 165,269.95 6,441.02 3.9%

LIABILITIES & EQUITY

Liabilities

Current Liabilities

Accounts Payable

20000 . Accounts Payable 3,300.00 3,200.00 100.00 3.13%

Total Accounts Payable 3,300.00 3,200.00 100.00 3.13%

Total Current Liabilities 3,300.00 3,200.00 100.00 3.13%

Total Liabilities 3,300.00 3,200.00 100.00 3.13%

Equity32000 . Unrestricted Net Assets 162,069.95 167,611.74 -5,541.79 -3.31%

Net Income 6,341.02 -5,541.79 11,882.81 -214.42%

Total Equity 168,410.97 162,069.95 6,341.02 3.91%

TOTAL LIABILITIES & EQlIlTY 171,710.97 165,269.95 6,441.02 3.9%

Page 1 of 7

3:51 AM Natural Stone Council01126113Cash Basis Profit & Loss Prev Year Comparison

January through December 2012

Jan - Dec 12 Jan - Dec 11 $ Change % Change

Ordinary IncomelExpense

Income

40000 . Donation Income 45,700.00 91,600.00 -45,900.00 -50.11%

40005· NSA 65,185.00 91,600.00 -26,415.00 -28.84%

40050 . Miscellaneous Income 0.00 300.00 -300.00 -100.0%

40060 . Interest Income 148.82 147.27 1.55 1.05%

Total Income 111,033.82 183,647.27 -72,613.45 -39.54%

Expense

50000 . Professional Services

50001 . Branding (MWC)

50150 . Media Buy

50151 . Website Media 0.00 -104.96 104.96 100.0%

Total 50150 . Media Buy 0.00 -104.96 104.96 100.0%

Total 50001 . Branding (MWC) 0.00 -104.96 104.96 100.0%

50003 . Website

Website Hosting 95.00 536.99 -441.99 -82.31%

Website Revisions 5,195.00 212.50 4,982.50 2,344.71%

Total 50003 . Website 5,290.00 749.49 4,540.51 605.81%

Total 50000 . Professional Services 5,290.00 644.53 4,645.47 720.75%

50200 . Green Building Initiative

50201 . Green Certification 18,340.00 121,006.71 -102,666.71 -84.84%

50205 . USGBC Fees 500.00 2,900.00 -2,400.00 -82.76%

50211 . Sustainability Support General 250.00 500.00 -250.00 -50.0%

50212 . Sustainability Brochure 0.00 2,308.82 -2,308.82 -100.0%

Total 50200 . Green Building Initiative 19,090.00 126,715.53 -107,625.53 -84.94%

50220 . Trade Show Expense

50222 . Greenbuild Expo 9,064.70 9,061.30 3.40 0.04%

50224 . AlA Show

50225 . AlA Trade Show Expense 7,800.00 6,576.10 1,223.90 18.61%

50224 . AlA Show - Other 7,333.51 8,883.01 -1,549.50 -17.44%

Total 50224 . AlA Show 15,133.51 15,459.11 -325.60 -2.11%

50230 . StonExpo 11,822.80 10,598.03 1,224.77 11.56%

Page 2 of7

3:51 AM Natural Stone Council01/26/13

Profit & Loss Prey Year ComparisonCash Basis

January through December 2012

Jan - Dec 12 Jan - Dec 11 $ Change % Change

Total 50220 . Trade Show Expense 36,021.01 35,118.44 902.57 2.57%

50260 . Other TBD

50265 . Miscellaneous Reserve 250.00 0.00 250.00 100.0%

Total 50260 . Other TBD 250.00 0.00 250.00 100.0%

Total Expense 60,651.01 162,478.50 -101,827.49 -62.67%

Net Ordinary Income 50,382.81 21,168.77 29,214.04 138.01%

Other Income/Expense

Other Expense

60000 . Management Fees60003 . General meeting Expense 0.00 570.93 -570.93 -100.0%

60004 . General Office Expense 1,591.16 1,874.35 -283.19 -15.11%

60005 . Management Fees 38,499.96 20,000.04 18,499.92 92.5%

60010·0&0 Insurance 1,523.00 1,498.00 25.00 1.67%

60015 . Bank Fees 877.67 1,242.24 -364.57 -29.35%

60020 . Legal Fees 200.00 200.00 0.00 0.0%

60025 . Accounting Fees 1,250.00 525.00 725.00 138.1%

Total 60000 . Management Fees 43,941.79 25,910.56 18,031.23 69.59%

Total Other Expense 43,941.79 25,910.56 18,031.23 69.59%

Net Other Income -43,941.79 -25,910.56 -18,031.23 69.59%

Net Income 6,441.02 -4,741.79 11,182.81 -235.84%

Page 3 of7

3:54AM01/26/13Cash Basis

AlA Expo 2013

American Legion Post #167

Citizen's Bank

DeVerne Chapman

Duke PointerEcoForm, LLCHanover Insurance Co.Interactive Media Consulting, LLCMarble Institute of AmericaNorth Coast Corporate ServicesRBS LynkStafford, Gaudet & AssociatesStephanie Vierra, Assoc. AlA, LEED APUS Green Building CouncilUSGBC Expo

TOTAL

Natural Stone CouncilExpenses by Vendor Summary

~I~~B~~rough December 2012

7,800.00

250.00

209.88

1,200.00

65,112.1318,340.00

1,523.004,090.00

-5,000.00200.00597.33

1,250.00250.00500.00

3,200.00

99,522.34

Page 4 of 7

----_._-------------------- .-"'-"---

3:55 AM01/26/13Cash Basis

Allemari Stone

Natural Stone CouncilIncome by Customer Summary

Ja5'ay.~'iYettvfugh December 2012

200.00

5,000.001,000.005,000.00

500.00

5,000.0020,000.0065,185.00

4,000.005,000.00

American Granite Curb Producers Assoc.Anderson Bros. & Johnson/MichelsBuilding Stone Institute

Eden Stone Co.Nalders Stone

MIANBGQANSANWGMATexaStone Quarries

TOTAL 110,885.00

Page 5 of 7

3:57 AM Natural Stone Council01/26/13

AlP Aging SummaryCurrent 1 - 30 31 - 60 A~1~fg(j>ece:vwer3~12- - - -USGBC Expo 3,300.00 0.00 0.00 0.00 0.00 3,300.00

TOTAL 3,300.00 0.00 0.00 0.00 0.00 3,300.00-- -- -- --

Page 6 of 7

3:58 AM01/26/13

Current

TOTAL 0.00

~---. ---

1 - 30-0.00

31 - 60-0.00

Natural Stone CouncilAIR Aging Summary

~~&f D~ber 31, 2012--0.00 0.00==

Page 7 of 7