Greetings, Assets:
45 Members @ 40.00 per month = $1800.00 11 Student Members @ 20.00 month = $ 220.00 Pay Pal Account $ 92.36 (Initiated a transfer of 1100.00 to SKSP Bank Account) Bank Account Balance $5919.25 (includes fund above) Liabilities: Rent $2100.00 (Moving to $2200.00) January 1, 2014 Electrical Budget ($200.00) GRD Electrical ($803.00) Long Term Assets: BTC Trust: (Mark Jenkins to supply an updated number) Commentary: Although anticipated membership increases from Comic Con and other high community profile events did not yield large growth in organizational numbers, the organization continues to increase it's positive financial position, largely due to the generosity of donations by monthly giving in excess of dues. Several members have paid for months in advance, so the bank balance appears artificially high. After a long period of time, an invoice from GRD electrical for the electrical repairs and upgrades in the space was received and processed - the check has yet to clear the bank. With one student and one regular member in the pipeline, organizational growth continues to break even or increase ever so slightly, presenting a cautious outlook of "break even" to potentially a few hundred dollars per month of financial growth. The organization's outlook for 2014 remains positive, having, but not anticipating the generosity of donations, we are firmly situated in financial stability - allowing us to meet our current financial obligations. Ian
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