May 2017

Post date: May 07, 2017 8:59:0 PM

The Budget vs. Actuals report for the first three quarters of the fiscal year (July-March) is attached. This report always presents a rosy picture because we have received a large measure of the conference income but have incurred very few conference expenses to date. That accounts for most of the fact that we have an operating surplus of almost $29,000. That will even out after the conference.

In other news, unrestricted donations received are reasonably close to the 9-month budget, thanks to a very successful year-end-campaign, which netted approximately $6,300 in income over expenses. Whether we meet our donations goal for the year will depend largely on our spring fundraiser. Distribution Center income is slightly over budget. Almost all categories of expenses are somewhat below budget.