March 2018 Financial Report

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Here are the March financial figures:  

  • Operating Income:   Actual YTD Operating Income of $103,776 is $2,239 over the budget of $101,537.    
  • Operating Expenses:  Actual YTD Operating Expenses of $124,621 are $1,160 under the YTD budget of $125,781.
  • Net Income/Loss:  For the first three months of the fiscal year, we had a net loss of $20,845, compared to a budgeted loss of $24,244.      

Financial Notes

Although the financial results of the first three 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.