December 12, 2015

Post date: Dec 12, 2015 3:24:22 PM

The IRS Form 990 (our annual federal tax return) was filed before the November 15 deadline and was accepted by the IRS.

I've attached a balance sheet and a budget vs. actual report for the first quarter of the fiscal year. There is nothing remarkable to note in the budget vs. actual report. Income and expenses are very comparable to the same period last year. We had a net operating surplus of $2,841 for the period. However, our investments with Pax World Funds lost $6,846 in the quarter, reflecting overall trends in the stock market.

One final note -- hot off the presses -- this month we just received two $1,000 donations. That represents 10% of our annual budget for donations income!