February 2018 Financial Report

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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.

Financial Notes
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.