[Lnc-business] Revised December 2014 Financial Reports

[Tim Hagan]

A revised set of December 2014 Financial Reports is attached. In consultation with the Audit Committee Chair, we've adjusted it to reflect a bequest from a will that the LNC was notified about in 2014. December 2014 revenues now include the estimated amount of the bequest as a donation under General Fundraising. On the Balance Sheet, $32,400 (the 2014 contribution limit) of the bequest was added in Other Current Assets, and the estimated remanding $217,600 shows up in Other Assets as Non-Current Collectables. The will's executor has not given us the exact amount to be received yet. Staff bonuses of $19,232 for 2014 were also added to these revised reports.

Tim Hagan


 
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