[Lnc-business] updated financials before voting on South Dakota?

[Robert Kraus]

Wes/all,

 

Tim will be sending the July Financials soon. 

 

For July we had Revenue of $110,955 with Expenses of $68,653 and Net Revenue of $42,302

Net Unrestricted Cash on Hand = $32,156 (doesn’t include donor target ballot access funds)

 

Here is where we are for Aug / Sept:

 

Aug – Revenue of $144,622 with Expenses of $73,876 (estimated) and Net Revenue = $70,746

Estimated Net Unrestricted Cash on Hand = $48,700 (doesn’t include donor target ballot access funds)

 

Sept – as of today we have about $57,900 cash on hand (unrestricted excluding B/A and next payroll).

 

In terms of just Ballot Access we’ve raised since 07/01 $81,569 and have paid out $15,192 in expenses so there is $66,377 net surplus in this category to date. Of this we have $55,240 left to spend on OK. That leaves $11,137 to spend for SD at this time (and funds are still coming in from the Ballot Access letter).

 

Live Free!​​​​

 

Robert



Robert S. Kraus - Dir of Operations
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Libertarian National Committee
Ph: 202.333.0008 x 231

 

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From: Wes Benedict [mailto:wes.benedict at lp.org] 
Sent: Thursday, September 03, 2015 5:23 PM
To: lnc-business at hq.lp.org; Robert Kraus
Subject: Re: [Lnc-business] updated financials before voting on South Dakota?

 

Robert, please help get these details.

I think revenue was significantly stronger in July and August than in prior months this year. Around $110k in July, and $140k in August. Those are just rough estimates on my part, so please wait for Robert or Tim to respond with the  actuals.

I think we can afford SD, but should only approve $15k from national to get it done. 

Wes Benedict, Executive Director
Libertarian National Committee, Inc.
New address: 1444 Duke St., Alexandria, VA 22314
(202) 333-0008 ext. 232, wes.benedict at lp.org
facebook.com/libertarians @LPNational
Join the Libertarian Party at: http://lp.org/membership

On 9/3/2015 5:15 PM, Alicia Mattson wrote:

Since the FEC filing for the month of July was due on Aug 20, could the EC get at least a preliminary set of updated financials before we vote potentially spending $17k-$20k tonight?  The latest financials I could find were as of the end of June.

On the call tonight, I will also want to know what our unrestricted cash is and what our current liabilities are as of this week.

Thanks,

Alicia

 






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