[Businessmtg] Over prudent reserve - Treasurer's note
list_administrator
list_administrator at asp-afg.org
Wed Feb 27 06:35:44 PST 2013
Thank you Anne, for this good summary of current status.
So, as are working with $400 to decide what to do with, my feeling is to
send 1/2 of this to WSO.
I believe the remaining $200 should be set aside to fund the Literature
initiative that we are able to follow through on now that we have a fully
loaded Steering Committee and the manpower to facilitate that initiative.
By sending the remaining $200 to WSO, I believe we will be satisfying our
obligation to WSO. Frankly, I am in the camp that does not 'see' the WSO
doing much for online groups. There is a large gap between what they 'say'
they do in writing, and what actually happens in action. As far as I have
seen, we receive a yearly letter from them asking us to sign in order to
have permission to quote CAL. Other than that - there is no involvement or
ocmmunication that I have seen or heard. I would like more tangible evidence
of what WSO actually DOES for online groups before I feel 'good' about
blindly turning over all prudent reserves to them.
I also feel that it would be helpful to reach out to other online groups to
see what they do as a 'practice', how the WSO helps them and see where ASP
falls in line with what other groups experience. With a fully manned SC,
this is something more feasible in terms of time and effort required.
Many Business Meeting participants have stated that they have discontinued
sending contributions to ASP because they are aware of the excess PR, and
also have questioned the status of Newcomer's Packets, incorporation etc.
And that is certainly a legitimate choice to make and not subject to any
challenge.
In that same vein however, I believe ASP should be cautious about how much
WE 'contribute' to OUR 'larger organization' when we too have doubts about
what WSO is truly doing for 'us' and online meetings in general. I am
fairly certain WSO is not 'missing' our little $400 pot of excess funds. At
least we know where it is and how it is being used nor not used
Obviously the consensus rules, but my motion is to send $200 to WSO to
satisfy at least a minimum committment until we can do the research and
understand more fully what the WSO can do for us if we push a bit.
Thanks all,
Cyndi
---------- Original Message -----------
From: "Anne OHara" <aohara77 at comcast.net>
To: list_administrator at asp-afg.org
Cc: ASP Business <businessmtg at asp-afg.org>
Sent: Tue, 26 Feb 2013 23:39:22 -0500
Subject: Re: [Businessmtg] Over prudent reserve - Treasurer's note
> Hi Bus Meeting friends....
>
> Our prudent reserve as posted on the website lists one year's
> expenses at $1301.00. As of the end of January, we had $2218.41 in
> our account. Of the $917.41 in excess of the prudent reserve, we
> have reserved $500 for estimated costs associated with
> incorporation. I have excluded newcomers packets from the
> discussion for now...
>
> That leaves a balance of $417. 41.
>
> Unlike F2F meetings we meet daily. I don't "pass the basket" daily
> or even monthly, I typically average bi-monthly appeals although
> sometimes time gets away from me and the basket may not get passed
> for an extended period of time.
>
> The next statement update will come at the end of the month and I
> will be passing the basket again at that time.
>
> Hugs....
>
> http://www.asp-afg.org/ASP/Business/financial_report.htm
>
> Formatting is lost in email but I thought I would add this to the email
> anyway.
> ASP 7th Tradition Register - 2013
>
> Balance
> Bank
> Check or ZIP Over Prud.
> Statement
> Month Donation / Expense Transaction No. Code* Donation
> Expense Balance Reserve**** Reconciled?
> Balance Forward 2012 $2,037.62 Yes
> Jan-13 Esosoft (server) Payment -
99.00
> $1,938.62
> Paypal donation (11/2012) 95448147LP489621F 04032
> $50.00 $1,988.62
> Paypal donation (11/2012) 7J526416J86493324
> $10.00 $1,998.62
> Paypal donation (11/2012) 7GB64886GX779222X
> $10.00 0.59 $2,009.21
> Paypal donation (11/2012) 0BP78049TK750601J 18914
> $30.00 $2,039.21
> Paypal donation (11/2012) 6AV67973KG112953C
> $25.00 $2,064.21
> Paypal donation (11/2012) 9WJ58361V3274513L
> $50.00 $2,114.21
> Paypal donation 9K324160HB178024U $10.00
> $2,049.21
> Paypal donation 5RC51521G49652457 $25.00
> 1.03 $2,090.24
> Paypal donation 9XU82107MJ888022B $100.00
> 4.20 $2,218.41
> Mail donation 2716 81435 $25.00 $2,243.41
>
>
> Notes:
> ---------------------------------------------------------------
>
> End-of-Quarter and monthly Bank Statements are in Bold type.
>
> ---------------------------------------------------------------
>
> * ZIP Code provided so members can verify receipt of their
> donations. For further assurances of accuracy ASP's
bank
> statements are mailed to our LA who verifies that this register
> matches bank transactions. ** Conversion of non-U.S.
Dollar
> PayPal donations is as follows:
>
> Donation in original currency less PayPal fee times daily conversion
> rate to USD
> equals the amount entered in the Donation column.
>
> *** Non-U.S. Or Canadian check or cash donations incur very large exchange
> fees and therefore are not accepted.
> You can use PayPal to make donations from outside the US and Canada.
> [Email donations to tradition7 at asp-afg.org]
> ****Prudent Reserve is one year's expenses. Currently $1,301.00.
>
> -----Original Message-----
> From: businessmtg-bounces+aohara77=comcast.net at asp-afg.org
> [mailto:businessmtg-bounces+aohara77=comcast.net at asp-afg.org] On
> Behalf Of Melanie Sent: Tuesday, February 26, 2013 10:35 PM To:
aohara77 at comcast.net
> Cc: ASP Business
> Subject: [Businessmtg] Over prudent reserve
>
> I am concerned that the original amount, $500, warped into other amounts
> during the discussions. We need to hear again from our current
> treasurer.
>
> Sincerely,
> Melanie
> _______________________________________________
>
> The ASP web site for ASP members is
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>
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> _______________________________________________
>
> The ASP web site for ASP members is http://www.asp-
afg.org/ASP/MembersOnly/index.htm
>
> For assistance with other ASP issues, contact the List Administrator,
> at list_administrator at asp-afg.org
>
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------- End of Original Message -------
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