December 2016

Post date: Dec 11, 2016 2:28:45 AM

The September 30, 2016 (first quarter), budget report and balance sheet are attached. It was a pretty typical first quarter. Donations were well below budget, as usual for the first quarter. Distribution Center income was close to budget, and expenses were low. Net ordinary income for the quarter was $4,541, plus investment gains of $3,692, for total net income of $8,233.