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      <PreparerPersonNm>MATTHEW J MANDRELL</PreparerPersonNm>
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        <PersonNm>RICHARD DENNISON</PersonNm>
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        <ExplanationTxt>EXPENSES ADVERTISING 570 BANK SERVICE CHARGES 555 DUES AND SUBSCRIPTIONS 535 OFFICE SUPPLIES 267 TRADESHOW EXPENSE 800 ACCOUNTING AND TAXES 2,500 INSURANCE 1,474 MANAGEMENT FEE 6,000 TOTAL 12,701</ExplanationTxt>
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        <ExplanationTxt>THE ASSOICATION PUBLISHES A NEWLETTER, 6 PER YEAR ABD DUSTRIBUTES AN ESTIMATED 1300-1500 COPIES PER ISSUE. THE ASSOCIATION ALSO ORGANIZES "SWAP MEETS- AND INFORMATION MEETING, AS WELL AS THE ANNUAL TRAP AUCTION FOR MEMBER (PUBLIC INVITED). THE ASSOCIATION ESTABLISHED AND MAINTAINS THE NORTH AMERICAN TRAP COLLECTORS MUSEUM WHICH IS OPEN TO MEMBERS AND THE GENERAL PUBLIC.</ExplanationTxt>
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