Treasurer’s Report

December 31, 2012 JAINA EC Review December 31, 2012

Dipak DoshiJAINA Treasurer

YTD Highlights – Executive Summary

Summary

When making JAINA deposits at Bank of America or at Chase banks, mark deposit slips with the following address:

JAINA, 4481 Normandy Court, Long Grove, IL 60047

Proposed 2013 JAINA Budget Actual Thru Dec 31, 2012 Income Target $ 1,194,000 YTD Income $ 679,209 Expense Budget $ 1,055,000 YTD Expense $ 562,564

YTD Dec 31, 2012 Net income = $116,645Individual I&E Reports through Dec 31 2012 issued for each Committee

Many Year-End actions completed. All bank accounts (except Jaina-Link xx0728) are reconciled through Dec 31, 2012. 1099s issued and 1096 filed. Sales Receipts issued for >=$250 donations (received in 2012) Calculated year-end committee balances based on 2012 total I&Es. Made fund transfers to reflect year-end adjustments for online transactions and reconciliations.

Closed out Wellls Fargo LA bank account and transferred the balance to BOA account.Ongoing support to the 2013 JAINA Convention and YJA boards and their finance team leads.

Continued work on the JAINA Fund Raising Package for a targeted launch in 2013. Available resources and timing have delayed its launch by a couple of months. Substantial work remains completed and pending the launch activities to be collaboratively administered. A preview version was presented at a December EC meeting. Rollout is scheduled in Q1-2013.

YTD QBO COAs – Reconciliation Status

YTD Bank Accounts – Balances

As of Balance

12/31/12 $ 925,216.85

A/C # A/C NameYTD $ Balance

(12/31/12)Purpose

Bank of America

XXXX 0728 Jaina Link 28,050.20 Jaina Link & LRP [BluePay CC, MIS, JNF]

XXXX 1202Federation of Jain Associations in N.A.

(YJA Checking Account)97,391.31 YJA [Non-Convention]

XXXX 1516Federation of Jain Associations in N.A.

(Convention Disbursement Account)58,063.33 Convention A/P [JAINA Conv Disbursement]

XXXX 1683JAINA TN Account Moved to Tulsa, OK

(Exception: TN Bank Routing # 064000020)47,091.36 Chk & Gen Funds [All A/Ps & A/Rs]

XXXX 1765Federation of Jain Associations in N.A.

(Convention Deposit Account)147,586.37 Convention A/R [ALL Conv Deposit]

XXXX 2979Federation of Jain Associations in N.A.

(Jaina Interest Maximizer Account)251,424.08 Savings & Surplus [Dues, Fees, Patron Fund]

XXXX 9843 World Community Services 31,619.99 WCS

Wells Fargo

XXXX 8090 Jaina Account 0.00 A/C Closed. Balance transferred to BOA A/C 1683

Chase

XXXX 5303Federation of Jain Associations in N.A.

(CBSH Savings)236,873.74 Chase Savings

XXXX 9426Federation of Jain Associations in N.A.

(CBPC Checking))19,808.26 Chase Checking

XXXX 9186Federation of Jain Associations in N.A.

(CBPC Checking)7,308.21 YJA Convention A/P [YJA Conv Disbursement]

YTD Balance Sheet – Summary [unaudited]

Monday, Jan 31, 2012 14:23:11 PM PST GMT-6 - Cash Basis

JAINA Balance Sheet SummaryAs of Dec 31, 2012 [unaudited]

Total

ASSETS

Current Assets

Bank Accounts 923,666.49

Other current assets 0.00

Total Current Assets $ 923,666.49

TOTAL ASSETS $ 923,666.49

LIABILITIES AND EQUITY

Liabilities

Current Liabilities

Accounts Payable 0.00

Other Current Liabilities 13,001.00

Total Current Liabilities $ 13,001.00

Total Liabilities $ 13,001.00

Equity 910,665.49

TOTAL LIABILITIES AND EQUITY $ 923,666.49

YTD I&E – Summary [unaudited]

2012 Net Income $ 116,645.48

JAINA IncomeAs of Dec 31, 2012 [unaudited]

Total Income $ 679,209.63

Monday, Jan 31, 2012 15:06:38 PM PST GMT-6 - Cash Basis

Income

1002 Calendar Committee Revenue 64,469.51

1003 Education Committee Revenue 13,556.70

1006 Long Range Planning Committee Revenue 668.00

1007 Media Production Committee Revenue 4,777.00

1008 JNF Committee Revenue 2,374.50

1010 Pilgrimage Committee Revenue 31,487.35

1011 Jiv Daya Committee Revenue 19,700.00

1014 Public Affairs Committee Revenue 4,251.10

1022 Jaina 99 Yatra Committee Revenue 15,743.00

1030 World Community Service Committee Revenue 2,000.00

1031 WCS General Revenue 6,880.00

1042 Hurricane Sandy Relief Revenue 21,651.00

Total 1030 WCS Committee Revenue $ 30,531.00

1055 Academic Scholarship Fund Revenue 21,000.00

1060 Jain Digest Committee Revenue

1062 MIS Revenue 1,170.00

Total 1060 Jain Digest Committee Revenue $ 1,170.00

1065 Overseas Donation Committee Revenue 17,984.00

1070 JAINA General Fund Revenue 1,797.59

1072 Donation, Grant & Other Revenue 17,615.00

1075 Membership Dues Revenue 15,800.00

1078 3% Administration Fees Revenue 6,190.74

Total 1070 JAINA General Fund Revenue $ 41,403.33

1100 Interest Income 532.04

1103 Saving Interest 605.17

Total 1100 Interest Income $ 1,137.21

1200 JAINA Convention Revenue 53,006.00

1202 Conv. Donation Revenue 97,302.00

Total 1200 JAINA Convention Revenue $ 150,308.00

1325 YJA Revenue

1350 YJA Convention Revenue 36,043.75

1351 YJA Conv. Fundraising Revenue 39,178.50

1353 YJA Conv. Registration Revenue 180,263.00

Total 1350 YJA Convention Revenue $ 255,485.25

1365 YJA Non-Convention Revenue 596.00

Total 1325 YJA Revenue $ 256,081.25

1375 YJP Revenue

1376 YJP Convention Revenue 2,567.68

Total 1375 YJP Revenue $ 2,567.68

YTD I&E – Summary [unaudited]

Total Expenses $ 562,564.15

JAINA ExpensesAs of Dec 31, 2012 [unaudited]

Monday, Jan 31, 2012 15:06:38 PM PST GMT-6 - Cash Basis

2012 Net Income $ 116,645.48

TotalExpenses 2002 Calendar Committee Expense 64,681.44 2003 Education Committee Expense 22,435.70 2006 Long Range Planning Committee Expense 3,441.77 2007 Media Production Committee Expense 11,253.31 2008 Jain Networking Forum (JNF) Committee Expense 213.83 2010 Pilgrimage Committee Expense 1,989.62 2011 Jiv Daya Committee Expense 12,561.00 2014 Public Affairs Committee Expense 8,585.99 2021 Jain Milan Committee Expense 1,912.11 2022 Jaina 99 Yatra Committee Expense 26,620.11 2030 World Community Service Committee Expense 12,239.49 2031 WCS Administration Expense 1,689.20 2035 Wheels of Hope Expense 2,965.37 2041 Bidada Medical Camp Expense 1,476.20 Total 2030 WCS Committee Expense $ 18,370.26 2050 Tirthoddhar Committee Expense 2052 TC Vaiyavacha Fund Expense 22,060.00 Total 2050 Tirthoddhar Committee Expense $ 22,060.00 2055 Academic Scholarship Fund Expense 8,200.00 2060 Jain Digest Committee Expense 29,613.46 2065 Overseas Donation Committee Expense 17,286.51 2070 JAINA General Fund Expense 5,574.55 2071 Administration Expense 12,389.35 2071A Outside Services Expense 24,645.25 Total 2071 Administration Expense $ 37,034.60 2073 Donation Other Expense 2,500.00 Total 2070 JAINA General Fund Expense $ 45,109.15 Total 2200 JAINA Convention Expense $ 18,031.87

2325 YJA Expense 2350 YJA Convention Expense 10,822.60 2351 YJA Conv. Committee Expense 13,422.20 2352 YJA Conv. Finance & FR Expense 1,867.41 2353 YJA Conv. Food Expense 13,721.22 2354 YJA Conv. Misc. Expense 3,478.73 2355 YJA Conv. Programming Expense 28,743.92 2357 YJA Conv. Registration Expense 7,300.60 2358 YJA Conv. Security Expense 4,275.00 2359 YJA Conv. Facility Expense 132,669.69 2360 YJA Conv. Souvenir Expense 16,989.32 Total 2350 YJA Convention Expense $ 233,290.69 2365 YJA Non-Convention Expense 980.04 2366 YJA General Expense 288.00 2367 YJA Regional Conf. & Retreat Expense 14,761.70 Total 2365 YJA Non-Convention Expense $ 16,029.74 Total 2325 YJA Expense $ 249,320.43 2375 YJP Expense 36.69 2376 YJP Convention Expense 840.90 Total 2375 YJP Expense $ 877.59

YTD Check Detail – All Accounts [unaudited]

JAINACheck Detail Report => $3,000 Sort Covering Disbursements of 43 Checks for ~ $501K

(Other 354 smaller disbursements cover ~ $164K)January 1, 2012 – December 31, 2012

06/29/2012 3155 JAINA Transfer to Chase AC 5303 for July 2012 YJA Convention (90,000.00)06/29/2012 ACH Grand Hyatt Tampa Bay July 2012 YJA convention (70,000.00)06/11/2012 ACH Grand Hyatt Tampa Bay July 2012 YJA convention (50,000.00)11/29/2012 Auto Pay Kutchi Jain Foundation For Jaina 99-Yatra Related Expenses (25,035.00)12/18/2012 Auto Pay The Jain Center of Central FL transfer donation to JSOCF (22,060.00)09/05/2012 Wire Transfer Abstract in Ahmedabad, India 1st Paymentt for 2013 (20,000.00)01/19/2012 Wire Transfer Abstract in Ahmedabad, India Final Payment (15,200.00)06/11/2012 ACH Grand Hyatt Tampa Bay July 2012 YJA convention (15,000.00)12/06/2012 3001 US Postmaster Postage of 2013 Jaina Calendars (13,650.00)01/30/2012 Auto Pay Speciality Bindery & Printing SBP Invoice #31387 dated 11/01/11 - Shipping Charges - JAINA EC (12,300.34)06/29/2012 Auto Rita Parikh Food for YJA Convention (10,500.00)12/06/2012 Auto Pay Abstract in Ahmedabad, India 2nd Payment for 2013 Calendar (10,000.00)01/31/2012 Wire transfer Gitarth Ganga Githarth Ganga Donation (9,983.00)09/14/2012 Auto pay Speciality Bindery & Printing for Invoice 32724 Jaina Digest Print & Mail (9,408.30)12/31/2012 Auto Pay The Bombay Humanitarian (8,000.00)07/26/2012 Auto Extravaganza Productions, Inc. July 2012 YJA Conv Audio-Video-Lighting: Pymt 2 of 2 (7,700.00)09/20/2012 Auto Pay Speciality Bindery & Printing Invoice #32208 (7,532.98)05/22/2012 ACH Extravaganza Productions, Inc. July 2012 YJA Conv Audio-Video-Lighting: Pymt 1 of 2 (7,500.00)03/28/2012 Auto Pay Mamta A. Shaha Reimbursement Media Production of 2011 (6,250.00)02/13/2012 TXFR Transfer Online Transfer to CHK ...9186 (6,000.00)01/13/2012 Auto Pay Pravin K Shah(Education) Check Request Letter #74 dated 10/22/11 (5,480.00)08/03/2012 Auto Pay Digital Xpresss Printing, Inc. July 2012 Convention (4,750.00)09/26/2012 Auto Pay Pravin K Shah(Education) Check Request Letter #78 dated 09/17/12 (4,362.00)05/22/2012 Auto Pay Sushil Jain Reimbursement for Wash DC Legislative Conference (4,218.13)02/06/2012 1002 Sheth Anandji Kalyanji Trust check mailed to Gulab Kothari (4,001.00)12/06/2012 Auto Pay Pravin K Shah(Education) Check Request Letter #80 dated 11/26/12 (3,900.00)12/03/2012 (3,894.00)04/09/2012 Auto Pay Kanchan Foundation Pass Thru donation from Microsoft of $4000 (3,880.00)

06/20/2012 Auto Pay Jain Academic Foundation of North America From Deposit of 4,000 from JAFNA (3,880.00)

09/06/2012 Wire Transfer The Bombay Humanitarian (3,880.00)07/10/2012 Auto Pay Mamta A. Shaha Media Com Payment for BSH Services (3,760.00)12/06/2012 Akshay Shah (3,696.33)06/06/2012 ACH Distinctive Art 1 of 2 Tote Bags, Mugs, Sunglasses, Tags, etc. (3,561.75)08/16/2012 Auto pay Distinctive Art for Invoice DA-21226 (3,523.05)02/12/2012 Visa Sterling Inn East Coast Poconos Retreat Rental (3,500.00)12/03/2012 Auto Pay Pravin K Shah(Education) Check Request Letter #79 dated 11/22/12 (3,362.00)02/08/2012 Auto Kushal Doshi Reimbursement for Midwest Retreat Expenses (3,324.50)09/21/2012 Auto Pay Namo Solutions Payment for Inv. 102180,194,200,213 (3,150.00)02/09/2012 Wire Transfer International School for Jain Studies Wire Transfer to ISJS for INR 146,000 (3,145.49)12/28/2012 Auto Pay Yourmembership.com Inv#109631 /Yourmembership.com online community hosting & ma (3,118.50)10/09/2012 Auto Pay Michael Golojuch, Jr. & Assoc. Preparation for 12/31/11 Financial Statement (3,035.00)06/14/2012 ACH Punisher Security Services Security Services (3,000.00)06/27/2012 Billpayment Neil Shah Need Detail (3,000.00)

YTD 2012 I&E – Snapshot [unaudited]

YTD Dec 31, 2012 Income

YTD Dec 31, 2012 Expense

Monday, Jan 31, 2012 15:18:55 PM PST GMT-6 - Cash Basis

I&E – Comparison [Dec 31 2012 values are unaudited]

Year Income Expense

2008 660,399 644,942

2009 756,333 689,046

2010 651,552 600,452

2011 1,090,117(Jaina convention = $743K)

1,043,586(Jaina convention = $669K)

Dec 31 2012[unaudited]

679,209(YJA convention = $255K)

562,564(YJA convention = $233K)

Ending Bank Balance

12/31/12 $ 925,216.85

December 31, 2012 JAINA EC Review December 31, 2012

Thank You

Geetaben Khona, Los Angeles, CA

Vinay Shah, Hoffman Estates, IL

Protocol Link, Vernon Hills, IL (Chicago)

We are grateful to the following for their services.

Dipak Doshi

JAINA Treasurer