Please see attached financial results for the 7 months ending 7/31/2014. I have also posted trial P&L as of 8/18 as I just deposited all the cash from the regional swap. The regional swap was very successful financially and thanks to Felicia and all the volunteers that made this event happen. The income was about 100% over what we had budgeted. Because of this success, I am projecting that we should break even at the end of the year if the expenses and income track as projected in our budget.
In June we had fraudulent charges to one of our corporate bank cards to the amount of about $2000 in Redding, CA. We have filed all the reimbursement paperwork and have been completely reimbursed as of July 14. Even though the bank will not tell me it looks like the last valid transaction was at a local office depot store.
If you have any questions concerning the financial results or anything else please feel free to contact me.
Please fine attached preliminary year end reports for FY 2014. We will do some adjustments after we have completed the inventory of our supplies of glue and tee shirts. We are also have pending invoices and disbursements (Invoice for room use at Chabot, stipends, etc.). Over we did very well for the year. I estimate increase of funds of about $1200 for the year. The reason for this increase is mostly do that one of our members allowed the club to use their garage instead of the storage locker.
If you have any questions concerning these reports please feel free to contact me