[Lnc-business] Fw: EOM Dec Report

[Tim Hagan]

The December End-of-Month Financial Reports are attached. The reserved was at $232,692. This is after paying the extra $100,000 toward the mortgage's principle.

Support and revenue for the year was $2,624,990 versus a budget of $1,907,869, and the year had a surplus of $274,327. Total expenses were below budget, but some expenses ended over budget. In particular Administrative Costs, Member Communication (LP News), and Building Fundraising Expenses were more than 10% over their budgeted amounts.

Tim Hagan


   
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