Slipstream - March 2020

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2019 Maverick Region Financial Statementby Chris Flaugh, Region TreasurerIn the continued interest of complete transparency to ourmembership, here is the year-end 2019 financial report.This 2019 Statement of Activity, prepared by our previousinterim Treasurer, James L. Falgout, CPA, shows a netexcess of $29,714 for the year, an improvement over the2018 figure of $22,020. Our track-related events (DriverEducation, Club Race, and COTA) continue to generatestrong participation and revenue. This revenue, combinedwith the generous support we receive from PCA, our localPorsche dealerships, and other businesses, has allowedus to expand and enhance the many events our membersenjoy. Our Slipstream advertisers are a critical piece ofthis as well, and we appreciate their ongoing support.This strong performance across the board also allowedus to increase our 2019 charitable contributions to$23,651, up from $21,600 the previous year. As notedin last month’s Slipstream, the Huffaker-Hughes HopeHouse has continued to be the Maverick Region’s primarycharitable beneficiary.Thank you all for making 2019 another strong financialyear for our club. These results make it possible to offer awide variety of events tailored to a multitude of interests,and also to give back to our community. We look forwardto another successful year in 2020!REVENUESMAVERICK REGION PCASTATEMENT OF ACTIVITY 2019Registrations for track events $157,379Sponsorship 45,225Distributions from PCA 30,958Advertising income 60,605Revenue from COTA events 27,621Social events 13,898Goodie Store sales 756Charitable donations received 6,717Auction proceeds 7,550Other 1,390License Plates commissions 908TOTAL REVENUES $353,007EXPENSESTrack expenses $160,070Social expenses 38,545Goodie Store purchases 2,216Slipstream costs 77,143Concours, Rally, Sunday, Tech Sessions expenses 7,857Other administrative expenses 9,655Board meetings 4,156Charitable donations 23,651TOTAL EXPENSES $323,293REVENUE IN EXCESS OF EXPENSES $29,714prepared by James L. Falgout (temporary treasurer)32 March
877 C200 C200 C200 C200 C200 C123 C307 C307 C307 C307 C307 C151 C354 C354 C354 C354 C354 C299 C108 C108 C108 C108 C108 C200 CUssery PrintingPrinter of SliPStreamSince 19824201 Airborn Drive • Addison, Texas 75001972-438-8344 usseryprinting.comMarketing Solutions Commercial Print Logistics33
Page 1 and 2: PUBLISHED BY MAVERICK REGIONPORSCHE
Page 3 and 4: VOLUME 58ISSUE 3MARCH 2020MAV.PCA.O
Page 5 and 6: The Independent Porsche Specialist
Page 7 and 8: 5
Page 9 and 10: 7
Page 11 and 12: driving my Porsche, especially with
Page 13 and 14: Welcome Our New Mavericks!by Becky
Page 15 and 16: A Curated Selection of Pre-owned Ti
Page 17 and 18: ARE YOU IN?THE 2020PORSCHEPARADEJUN
Page 19 and 20: ArchitecturallyStunning,Peaceful Re
Page 21 and 22: Maverick Marktpreis is proudly spon
Page 23 and 24: I couldn’t drive a stick. He taug
Page 25 and 26: 23UPCOMING MAVERICK REGION EVENTS
Page 27 and 28: ProTechtNo Rust Storage BagsArrive
Page 29 and 30: One Preston Event Venues & Rentalso
Page 31 and 32: Dear Tire GuyYes! DE season is back
Page 33: OUR PASSION DRIVES OUR CRAFTSMANSHI
Page 37 and 38: Parts or Service, We Deliver Excell
Page 39 and 40: motorcar serv cesConstant SLIPSTREA

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