Here are the February financial figures:
- Operating Income: Actual YTD Operating Income of $74,253 is $13,856 under the budget of $60,397.
- Operating Expenses: Actual YTD Operating Expenses of $81,495 are $1,701 under the YTD budget of $83,197.
- Net Income/Loss: For the first two months of the fiscal year, we had a net loss of $7,242, compared to a budgeted loss of $22,800.
Although the financial results of the first two months of the fiscal year show a loss, pledges were higher than expected and expenses were lower than expected. It is too early in the fiscal year to predict how the year will end financially.