[Businessmtg] 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



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