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.
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.