Treasurers Report
I’m beginning to get the hang of the new to me details for handling our Treasury. I’m very glad Scott is here to help. One thing I’ve noticed is that there are an awful lot of emails that the office is getting for orders. It’s pretty amazing to me to see them come. I even saw one that was going to my former home in Santee, CA! It does make me more aware of just how much our office staff does to support our fellowship.
Once again, we have less money coming in and more expenses. The expenses however did go down, but so did the income. We had copy write expenses and an insurance bond to pay. The payroll went down about $5000 as well which is nice. The good news is that we most likely will be getting the income from the e-readers this month and or next.
|
Sep 30, 12 |
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ASSETS |
||||||
Current Assets |
||||||
Checking/Savings |
||||||
ACA WSO Checking |
35,212.92 |
|||||
ACA WSO Savings |
||||||
ACA WSO Savings-Audit |
1,750.00 |
|||||
ACA WSO Savings - Other |
70,199.95 |
|||||
Total ACA WSO Savings |
71,949.95 |
|||||
Pay Pal Account |
5,850.56 |
|||||
Merchant Account |
274.95 |
|||||
Total Checking/Savings |
113,288.38 |
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Other Current Assets |
||||||
Security Deposit |
500.00 |
|||||
Inventory Asset |
||||||
Literature Inventory |
3,709.09 |
|||||
Medallions/Chips |
3,884.82 |
|||||
Textbook Inventory |
11,134.86 |
|||||
Workbook Inventory |
11,781.37 |
|||||
Write off-Damaged Inventory |
1,010.00 |
|||||
Total Inventory Asset |
31,520.14 |
|||||
Petty Cash |
150.00 |
|||||
Total Other Current Assets |
32,170.14 |
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Total Current Assets |
145,458.52 |
|||||
Fixed Assets |
||||||
Computers |
1,243.25 |
|||||
Computer Software |
1,025.00 |
|||||
Automobiles |
1,200.00 |
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Accumulated Depreciation |
-260.00 |
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Total Fixed Assets |
3,208.25 |
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TOTAL ASSETS |
148,666.77 |
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LIABILITIES & EQUITY |
||||||
Equity |
||||||
Unrestricted Net Assets.. |
156,431.94 |
|||||
Net Income |
-7,765.17 |
|||||
Total Equity |
148,666.77 |
|||||
TOTAL LIABILITIES & EQUITY |
148,666.77 |
|
Aug 31, 12 |
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ASSETS |
||||||
Current Assets |
||||||
Checking/Savings |
||||||
ACA WSO Checking |
37,055.16 |
|||||
ACA WSO Savings |
||||||
ACA WSO Savings-Audit |
1,500.00 |
|||||
ACA WSO Savings - Other |
70,199.95 |
|||||
Total ACA WSO Savings |
71,699.95 |
|||||
Pay Pal Account |
13,644.01 |
|||||
Merchant Account |
377.59 |
|||||
Total Checking/Savings |
122,776.71 |
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Other Current Assets |
||||||
Security Deposit |
500.00 |
|||||
Inventory Asset |
||||||
Literature Inventory |
700.94 |
|||||
Medallions/Chips |
1,767.83 |
|||||
Textbook Inventory |
6,954.86 |
|||||
Workbook Inventory |
14,832.87 |
|||||
Writeoff-Damaged Inventory |
1,010.00 |
|||||
Total Inventory Asset |
25,266.50 |
|||||
Petty Cash |
150.00 |
|||||
Total Other Current Assets |
25,916.50 |
|||||
Total Current Assets |
148,693.21 |
|||||
Fixed Assets |
||||||
Computer Software |
1,025.00 |
|||||
Automobiles |
1,200.00 |
|||||
Accumulated Depreciation |
-260.00 |
|||||
Total Fixed Assets |
1,965.00 |
|||||
TOTAL ASSETS |
150,658.21 |
|||||
LIABILITIES & EQUITY |
||||||
Equity |
||||||
Unrestricted Net Assets.. |
156,431.94 |
|||||
Net Income |
-5,773.73 |
|||||
Total Equity |
150,658.21 |
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TOTAL LIABILITIES & EQUITY |
150,658.21 |
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Bank Balances: |
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August 2012 |
||||
Checking Account |
37,055.16 |
|||
Savings Account |
70,199.95 |
|||
Savings-Audit Fund |
1,500.00 |
|||
Pay Pal Account |
13,644.01 |
|||
Merchant Account |
377.59 |
|||
$ 122,776.71 |
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September 2012 |
||||
Checking Account |
35,212.92 |
|||
Savings Account |
70,199.95 |
|||
Savings-Audit Fund |
1,750.00 |
|||
Pay Pal Account |
5,850.56 |
|||
Merchant Account |
274.95 |
|||
$ 113,288.38 |
Donor |
Amount |
|
Anonymous, Alsip, IL |
220.00 |
|
Anonymous, Cincinnati, OH |
15.00 |
|
Anonymous, Cincinnati, OH |
6.00 |
|
Anonymous, Fort Collins, Co |
54.00 |
|
Anonymous, Honesdale, PA |
15.00 |
|
Anonymous, Hull, MA |
500.00 |
|
Anonymous, Las Vegas, NV |
200.00 |
|
Anonymous, Marquette, MI |
20.00 |
|
Anonymous, Miami, FL |
10.00 |
|
Anonymous, Oklahoma City, OK |
100.00 |
|
Anonymous, Palo Alto, CA |
153.29 |
|
Anonymous, Porter, TX |
45.00 |
|
Anonymous, Sacramento, CA |
1.00 |
|
Anonymous, Sag Harbor, New York |
100.00 |
|
CA986, Signal Hill, CA |
10.00 |
|
CA986, Signal Hill, CA |
10.00 |
|
CA986, Signal Hill, CA |
10.00 |
|
CA986, Signal Hill, CA |
10.00 |
|
CA997, Grover Beach, CA |
40.00 |
|
CAN310, Nanaimo, CN |
48.58 |
|
IL186, Rockford, IL |
41.43 |
|
MA030, Hingham, MA |
50.00 |
|
MN121, Edina, MN |
45.00 |
|
MN135, Hastings, MN |
5.00 |
|
NC012, Asheville, NC |
120.00 |
|
NH001, Keene, NH |
71.00 |
|
NM023, Albuquerque, NM |
28.80 |
|
PA094, Reading, PA |
100.00 |
|
TN013, Johnson City, TN |
25.00 |
|
TX092, Houston, TX |
20.92 |
|
2,075.02 |
|
Sep 12 |
Jan - Sep 12 |
|||||||
Ordinary Income/Expense |
|||||||||
Income |
|||||||||
7th Tradition |
2,075.02 |
33,067.61 |
|||||||
ACA Fellowship book purchase |
|||||||||
California Sales |
1,935.00 |
20,741.25 |
|||||||
Postage |
2,769.86 |
33,851.87 |
|||||||
ACA Fellowship book purchase - Other |
9,557.50 |
112,211.95 |
|||||||
Total ACA Fellowship book purchase |
14,262.36 |
166,805.07 |
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Bank Interest |
0.00 |
37.39 |
|||||||
California Sales Tax |
285.88 |
3,166.52 |
|||||||
ComLine Subscriptions |
0.00 |
387.25 |
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Fellowship text index |
|||||||||
California sales |
0.00 |
27.50 |
|||||||
Fellowship text index - Other |
2.50 |
30.00 |
|||||||
Total Fellowship text index |
2.50 |
57.50 |
|||||||
Literature Sales |
|||||||||
California Orders |
308.30 |
3,535.40 |
|||||||
Designated Postage |
123.29 |
2,223.71 |
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Literature Sales - Other |
1,556.10 |
15,206.35 |
|||||||
Total Literature Sales |
1,987.69 |
20,965.46 |
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Medallion Sales |
|||||||||
California Sales |
56.65 |
848.80 |
|||||||
Designated postage |
21.63 |
1,056.04 |
|||||||
Medallion Sales - Other |
644.75 |
5,643.60 |
|||||||
Total Medallion Sales |
723.03 |
7,548.44 |
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Workbook Purchase |
|||||||||
California Sales |
960.00 |
10,089.15 |
|||||||
Postage |
437.03 |
4,501.74 |
|||||||
Workbook Purchase - Other |
5,070.00 |
55,960.27 |
|||||||
Total Workbook Purchase |
6,467.03 |
70,551.16 |
|||||||
Total Income |
25,803.51 |
302,586.40 |
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Cost of Goods Sold |
|||||||||
Literature Cost |
1,009.85 |
13,489.15 |
|||||||
Medallion/Chip Cost |
482.32 |
12,109.95 |
|||||||
Textbook Costs |
5,820.00 |
48,611.99 |
|||||||
Workbook Costs |
3,051.50 |
24,057.72 |
|||||||
Warehouse Pack/Ship Supplies |
1,520.34 |
8,532.38 |
|||||||
Total COGS |
11,884.01 |
106,801.19 |
|||||||
Gross Profit |
13,919.50 |
195,785.21 |
|||||||
Expense |
|||||||||
Accounting Services |
1,300.00 |
12,870.00 |
|||||||
ABC Committee |
|||||||||
Meals/Drinks |
0.00 |
280.00 |
|||||||
Miscellaneous |
0.00 |
183.43 |
|||||||
Room Rental |
0.00 |
874.04 |
|||||||
Transportation/Lodging |
0.00 |
1,696.74 |
|||||||
Total ABC Committee |
0.00 |
3,034.21 |
|||||||
Bank Fees |
421.33 |
2,755.76 |
|||||||
ComLine Expenses |
0.00 |
939.41 |
|||||||
Fellowship text expenses |
|||||||||
EBook |
0.00 |
2,385.96 |
|||||||
Copy write Expenses |
1,270.00 |
2,290.00 |
|||||||
Translations |
81.00 |
5,654.22 |
|||||||
Design |
0.00 |
1,300.00 |
|||||||
Total Fellowship text expenses |
1,351.00 |
11,630.18 |
|||||||
Insurance |
|||||||||
Bond insurance |
355.00 |
355.00 |
|||||||
Liability |
0.00 |
1,024.00 |
|||||||
Workers Compensation |
0.00 |
5,308.00 |
|||||||
Total Insurance |
355.00 |
6,687.00 |
|||||||
license |
0.00 |
50.00 |
|||||||
Literature Committee |
|||||||||
Contract Workers |
20.00 |
20.00 |
|||||||
Total Literature Committee |
20.00 |
20.00 |
|||||||
Office Expenses |
|||||||||
Office equipment/machines |
0.00 |
818.58 |
|||||||
Office Supplies |
37.19 |
3,964.37 |
|||||||
Printing |
0.00 |
5.15 |
|||||||
Rent |
1,318.36 |
11,917.24 |
|||||||
Storage rental |
60.00 |
105.00 |
|||||||
Utilities |
|||||||||
Gas & Electric |
122.03 |
914.76 |
|||||||
Telephone/Internet Services |
297.65 |
2,546.55 |
|||||||
Total Utilities |
419.68 |
3,461.31 |
|||||||
Total Office Expenses |
1,835.23 |
20,271.65 |
|||||||
Out Reach Committee |
|||||||||
Inventory for Committee use |
56.85 |
103.15 |
|||||||
Miscellaneous |
0.00 |
217.04 |
|||||||
Transportation/lodging |
0.00 |
2,079.20 |
|||||||
Total Out Reach Committee |
56.85 |
2,399.39 |
|||||||
Pay Pal Fees |
200.19 |
5,060.15 |
|||||||
Payroll Expenses |
10,515.61 |
91,798.14 |
|||||||
Postage |
3,425.45 |
39,478.92 |
|||||||
Repairs & Maintenance |
499.20 |
499.20 |
|||||||
Tax |
|||||||||
Sales |
784.20 |
3,640.29 |
|||||||
State |
0.00 |
10.00 |
|||||||
Total Tax |
784.20 |
3,650.29 |
|||||||
Web and Support |
25.00 |
2,406.08 |
|||||||
Total Expense |
20,789.06 |
203,550.38 |
|||||||
Net Ordinary Income |
-6,869.56 |
-7,765.17 |
|||||||
Net Income |
-6,869.56 |
-7,765.17 |