April 2018 Financial Report

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Here are the April financial figures:  

  • Operating Income:   Actual YTD Operating Income of $156,123 is $11,344 over the budget of $144,779.    
  • Operating Expenses:  Actual YTD Operating Expenses of $162,593 are $2,908 under the YTD budget of $165,501.
  • Net Loss:  For the first four months of the fiscal year, we had a net loss of $6,470, compared to a budgeted loss of $20,722.

 Financial Notes

Although the financial results of the first four months of the fiscal year show a loss, pledges were higher than expected and expenses were lower than expected.  It is hoped that pledges will continue to be higher than expected and that expenses will be lower than anticipated as we move through the summer.