[Lnc-business] Fwd: EOM for Nov-13

[Starchild]

	Me too, Norm. Restricted funds should be listed separately, imho.

Love & Liberty,
                                  ((( starchild )))
At-Large Representative, Libertarian National Committee


On Jan 6, 2014, at 1:31 PM, Norm Olsen wrote:

> Hello Tim . . .
>  
> Please advise if the following statements are not correct:
>  
> 1>  The "Statement of Operations" is essentially the equivalent of what is normalloy called an "Income / Expense Report".
> 2>  On the report provided, the “Surplus/Deficit” category of the bottom line includes some $234,408 of building fund revenues, and
> 3>  The reported “Surplus/Deficit” for Jan-Nov 2013 is not really $172,650, but from an Operations point of view is really ($61,758).
>  
> Being a relatively accounting novice, I would appreciate a standard operating “Income/Expense Statement” which does not include any designated funds; i.e. a document which describes our basic operations.
>  
> Norm
> --
> Norman T Olsen
> Regional Representative, Region I
> Libertarian National Committee
> 7931 S Broadway, PMB 102
> Littleton, Colorado  80122-2710
> 303-277-9967
> Norman.Olsen at lp.org
>  
> "First they ignore you, then they ridicule you, then they fight you, then you win." -- Gandhi
>  
> -----Original Message-----
> From: Lnc-business [mailto:lnc-business-bounces at hq.lp.org] On Behalf Of Timothy Hagan
> Sent: Saturday, January 04, 2014 1:09 PM
> To: LNC Business
> Subject: [Lnc-business] Fwd: EOM for Nov-13
>  
> The November end-of-month financial reports are attached. I apologize for the delay. Where I was staying during the holidays does not have Internet connection.
>  
> Tim Hagan
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