[Businessmtg] FW: ASP Treasurer Report - January 2025 & Year End 2024

[Steve Rankin]

Hi folks,

 

Enclosed is the Treasurer's Report which includes the Income and Expense Statement for 2024 Year-to-Date, and the Balance Sheet for December 31, 2024.  PDF copies of these reports as well as our traditional transaction register are being forwarded to Lynne for posting to the web site. Hopefully, the server will manage to distribute this without mangling this new format.

 

						
	
 

 

 

 

	
	
 

INCOME & EXPENSE STATEMENT        

 

 

	
	
 

2024 Year-End

 

 

	
	
 

January through December 2024

 

 

	
	
 

                        

 

 

	
	
 

INCOME                                                     

 

	
	
 

  Donation Income

 

 

	
	
 

    Donations; PayPal 

 $ 1,828.93 

 

	
	
 

    Donations; Cash 

 $    175.00 

 

	
	
 

    Donations; Check

$    626.00 

 

	
	
 

    Donations; Money Order

$           -   

 

	
	
 

  Total Donation Income 

 $ 2,629.93 

 

	
	
 

  Other Income  

 $      41.00 

 

	
	
 

TOTAL INCOME  

 $ 2,670.93 

 

	
	
 

 

 

 

	
	
 

 

 

 

	
	
 

EXPENSES 

 

 

	
	
 

  BUSINESS EXPENSE (Bank Fees)

 

 

	
	
 

    Bank Fees

$           -   

 

	
	
 

    PayPal Fees 

 

 

	
	
 

      PayPal Transaction Fees

$      54.77 

 

	
	
 

      PayPal Foreign Transaction Fee

$        0.75 

 

	
	
 

      Total PayPal Fees

$      55.52 

 

	
	
 

  TOTAL BUSINESS EXPENSE (Bank Fees)

$      55.52 

 

	
	
 

 

 

 

	
	
 

  GOVERNMENT EXPENSE

 

 

	
	
 

    Washington Dept of Revenue 

 $      56.79 

 

	
	
 

    Washington Secretary of State

$      20.00 

 

	
	
 

  TOTAL GOVERNMENT EXPENSE

$      76.79 

 

	
	
 

	 

 

	
	
 

  OPERATING EXPENSES                                

 

	
	
 

    Administration

 

 

	
	
 

      PO Box, Mailing

$    170.00 

 

	
	
 

      Telecommunications (Zoom) 

 $    208.44 

 

	
	
 

      TOTAL ADMINISTRATION

$    378.44 

 

	
	
 

    Internet Server Rent 

 $ 1,233.00 

 

	
	
 

    Total Operations

$ 1,611.44 

 

	
	
 

    Other Expenses 

 $      69.58 

 

	
	
 

TOTAL  EXPENSES

$ 1,813.33 

 

	
	
 

 

 

 

	
	
 

      NET OPERATING INCOME

$    857.60 

 

	
	
 

 

 

 

	
	
 

  OTHER INCOME/EXPENSE

 

 

	
	
 

    Donations to AFG Service

 

 

	
	
 

      WSO

$      84.40 

 

	
	
 

      GEA 

 $    253.19 

 

	
	
 

    TOTAL Donations to AFG Service

$    337.59 

 

	
	
 

 

 

 

	
	
 

  NET INCOME

$    520.01 

 

	
	
 

 

 

 

	
	
 

                                                                    

	
	
 

 

 

 

	
	
 

BALANCE SHEET – December 31, 2024

 

 

	
	
 

  ASSETS    

 

 

	
	
 

    Banks

 

 

	
	
 

      Sound Checking (total) 

 $ 2,338.69 

 

	
	
 

      PayPal

$      19.40 

 

	
	
 

    Total Banks

$ 2,358.09 

 

	
	
 

    Undeposited Funds 

 

 

	
	
 

      Cash & checks 

 $    100.00 

 

	
	
 

      PayPal transfer in process

$           -   

 

	
	
 

      Total Undeposited Funds 

 $    100.00 

 

	
	
 

    Other Assets 

 $           -   

 

	
	
 

  TOTAL ASSETS 

 $ 2,458.09 

 

	
	
 

 

 

 

	
	
 

  LIABILITIES - OPERATING    

 

 

	
	
 

    CURRENT LIABILITIES – Donations AFG Service

 

 

	
	
 

      District 53

$    356.40 

 

	
	
 

    Prudent Reserve

$ 1,600.00 

 

	
	
 

    Total Reserve Funds

$ 1,956.40 

 

	
	
 

      Excess over Prudent Reserve

$    501.69 

 

	
	
 

  FUTURE LIABILITIES - Donations AFG Service

 

 

	
	
 

    District 53

$    301.01 

 

	
	
 

    GEA

$    150.51 

 

	
	
 

    WSO

$      50.17 

 

	
	
 

    Total Future Liabilities

$    501.69 

 

	
	
 

 

 

 

	
						

 

 

 

 

 

 

TREASUER’S COMMENTS:

 

Back in July, I talked about the decline in member donations, and my plan to increase the frequency of passing our Seventh Tradition basket. During the last half of 2024, I passed the basket a few extra times, which appears to have helped our cash flows.  However, it also appears that the generosity of a few members makes a greater difference.  ASP received 68 donations in 2024 from 39 different members. Almost 30 members made repeat donations, and 10 members donated almost half of the total received.  

 

Below is a chart of the donations received by month. It is unknown if the huge spike in July & August was related to the July Treasurer’s Report or simply a coincidence. I’ve also pasted a chart of the donations; however, I suspect the server will have a hissy fit and zap it. 

 


Jan

$   90.00 


Feb

$   30.00 


Mar

$ 264.00 


Apr

$ 350.00 


May

$   75.00 


Jun

$   79.00 


Jul

$ 529.46 


Aug

$ 554.00 


Sep

$ 130.00 


Oct

$ 145.45 


Nov

$ 140.45 


Dec

$ 167.57 

 

 

 

 

 

Motion #24 established our Prudent Reserve at one year’s operating expenses.  It was last calculated in June 2022 at the current $1600. Our annual operating expenses are now slightly over $1700, so I will bring this up in the Steering Committee to update our Prudent Reserve.  

 

                                                                        

Love and SERENITY,

Steve

Acting Treasurer

 

 

____________________________

To Unsubscribe, go to: http://www.asp-afg.org/mailman/listinfo/asp

The ASP web site with all kinds of info for ASP members is http://asp-afg.org/members/ For assistance with other ASP issues, contact Lynne, the List Administrator of ASP, at lynne at asp-afg.org <mailto:lynne at asp-afg.org>