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

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

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

Total Current Assets

145,458.52

Fixed Assets

Computers

1,243.25

Computer Software

1,025.00

Automobiles

1,200.00

Accumulated Depreciation

-260.00

Total Fixed Assets

3,208.25

TOTAL ASSETS

148,666.77

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

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

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

TOTAL LIABILITIES & EQUITY

150,658.21

Bank Balances:

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

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

Bank Interest

0.00

37.39

California Sales Tax

285.88

3,166.52

ComLine Subscriptions

0.00

387.25

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

Literature Sales – Other

1,556.10

15,206.35

Total Literature Sales

1,987.69

20,965.46

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

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

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