[Lnc-business] Fwd: FW: January End-Of-Month Financial Reports

[Caryn Ann Harlos]

I have a question I don't understand.  How did the year start off with a
surplus when we passed a deficit budget in December?  (I know once reserves
were calculated in we were not at deficit but because those lines were kept
separate - it was a deficit on the sheet) - so how did this year start out
with a surplus?

Thanks!

-Caryn Ann

On Tue, Mar 28, 2017 at 1:49 PM, Daniel Hayes <danielehayes at icloud.com>
wrote:

> I want to thank Lauren Daugherty and Jess Mears who have done a great job
> of keeping the donations flowing after the usual lull that happens after
> elections.
>
> Thanks to the rest of our staff and all of our donors as well.
>
>
> Daniel Hayes
> LNC At Large Member
>
> Sent from my iPhone
>
> On Mar 28, 2017, at 1:10 PM, Caryn Ann Harlos <carynannharlos at gmail.com>
> wrote:
>
> Thank you!
>
> And yes a big thank you to Michael.
>
> Caryn Ann
>
> On Tue, Mar 28, 2017 at 12:04 PM Wes Benedict <wes.benedict at lp.org> wrote:
>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> The payment required by the Policy Manual is $60,000, and as
>>
>> Robert has confirmed below, we've sent $62,000. So we're in good
>>
>> shape there.
>>
>>
>> Many thanks to Michael Chastain, who put forward the $25,000
>>
>> matching challenge to get us there so fast this year (we failed in
>>
>> 2015).
>>
>>
>>
>>
>> https://www.lp.org/double-your-investment-in-the-lp/
>>
>>
>> We're working on designing his plaque and other materials for the
>>
>> room he is naming at LPHQ:
>>
>>
>> From the policy manual:
>>
>>
>>
>>
>>
>>
>> 17) Office Mortgage
>>
>>
>> It shall be the goal of the LNC to completely pay off the office
>>
>> mortgage as quickly as
>>
>>
>> possible, and in any case prior to the due date of the 10-year
>>
>> balloon payment. Towards that
>>
>>
>> end the LNC shall budget a minimum of $60,000 in each
>>
>> odd-numbered year to pay down the
>>
>>
>> principal until the mortgage balance is zero. Fundraising for
>>
>> this specific purpose shall be
>>
>>
>> made a high priority. This provision does not preclude
>>
>> additional fundraising and prepayments
>>
>>
>> in even-numbered years.
>>
>>
>>
>>
>>
>>
>>
>>
>> Details from Robert Kraus below.
>>
>>
>>
>>
>>
>>
>>
>> Wes Benedict, Executive Director
>>
>> Libertarian National Committee, Inc.
>>
>> 1444 Duke St., Alexandria, VA 22314
>>
>> (202) 333-0008 ext. 232 <(202)%20333-0008>, wes.benedict at lp.org
>>
>> facebook.com/libertarians @LPNational
>>
>> Join the Libertarian Party at: http://lp.org/membership
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> -------- Forwarded Message --------
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> Subject:
>>
>>
>> FW: [Lnc-business] January End-Of-Month Financial
>>
>> Reports
>>
>> Date:
>> Tue, 28 Mar 2017 13:56:39 -0400
>>
>> From:
>> Robert Kraus <robert.kraus at lp.org> <robert.kraus at lp.org>
>>
>> To:
>> 'Wes Benedict' <wes.benedict at lp.org> <wes.benedict at lp.org>, 'Tim Hagan'
>>
>> <treasurer at lp.org> <treasurer at lp.org>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> YTD we
>>
>> have raised $61,759.65 towards
>>
>> the Building Fund & have sent $62,000.00
>>
>> to BB&T in additional
>>
>> principle payments to pay down the mortgage.
>>
>>
>>
>>
>>
>>
>>
>> Live
>>
>> Free!​​​​
>>
>>
>>
>>
>>
>> *Robert*
>>
>>
>>
>>
>>
>> Robert
>>
>> S. Kraus - Dir
>>
>> of Operations
>>
>>
>> Operations at LP.org
>>
>>
>> Libertarian National Committee
>>
>>
>> Ph:
>>
>> 202.333.0008 x 231 <(202)%20333-0008>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> ------------------------------
>>
>>
>>
>>
>> *From:*
>>
>> Lnc-business
>>
>> [mailto:lnc-business-bounces at hq.lp.org <lnc-business-bounces at hq.lp.org>]
>>
>> *On Behalf Of *Whitney Bilyeu
>>
>>
>> *Sent:*
>>
>> Tuesday, March 28, 2017 1:33
>>
>> PM
>>
>>
>> *To:*
>>
>> lnc-business at hq.lp.org
>>
>>
>> *Subject:*
>>
>> Re: [Lnc-business]
>>
>> January End-Of-Month Financial Reports
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> Thanks for asking, Caryn!  I had an
>>
>> inquiry last night about this,
>>
>> as well.
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> Whitney Bilyeu
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> On Tue, Mar 28, 2017 at 12:12 PM,
>>
>> Caryn Ann Harlos <carynannharlos at gmail.com>
>>
>> wrote:
>>
>>
>>
>>
>> Tim, have we yet paid the
>>
>> "Wiener rule" payment for this
>>
>> year?  If not, when is it scheduled for?
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> -Caryn Ann
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> On Sun, Mar 26, 2017 at 8:12
>>
>> PM, Tim Hagan <timhagan-tyr at yahoo.com>
>>
>> wrote:
>>
>>
>>
>>
>>
>>
>>
>>
>> The
>>
>> January End-of-Month Financial
>>
>> Reports are attached. The year
>>
>> started with a
>>
>> $42,998 surplus. The reserve is
>>
>> at $242,828.
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> Tim
>>
>> Hagan
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> _______________________________________________
>>
>>
>> Lnc-business mailing list
>>
>>
>> Lnc-business at hq.lp.org
>>
>>
>> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> --
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> *In Liberty,*
>>
>>
>>
>>
>>
>>
>>
>>
>> *Caryn Ann Harlos*
>>
>>
>>
>>
>>
>>
>> Region
>>
>> 1 Representative,
>>
>> Libertarian
>>
>> National
>>
>> Committee (Alaska,
>>
>> Arizona,
>>
>> Colorado,
>>
>> Hawaii,
>>
>> Kansas,
>>
>> Montana,
>>
>> Utah,
>>
>> Wyoming,
>>
>> Washington) - Caryn.Ann.
>>
>> Harlos at LP.org <Caryn.Ann.Harlos at LP.org>
>>
>>
>>
>>
>>
>>
>> Communications
>>
>> Director, Libertarian Party of
>>
>> Colorado <http://www.lpcolorado.org>
>>
>>
>>
>>
>>
>>
>> Colorado
>>
>> State
>>
>> Coordinator, Libertarian Party
>>
>> Radical
>>
>> Caucus <http://www.lpradicalcaucus.org>
>>
>>
>>
>>
>>
>>
>> Chair,
>>
>> LP Historical
>>
>> Preservation
>>
>> Committee
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> A
>>
>> haiku to the
>>
>> Statement of
>>
>> Principles:
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> *We defend your rights*
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> *And oppose the use of force*
>>
>>
>>
>>
>>
>>
>>
>>
>> *Taxation is theft*
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> _______________________________________________
>>
>>
>> Lnc-business mailing list
>>
>>
>> Lnc-business at hq.lp.org
>>
>>
>> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> _______________________________________________
>>
>> Lnc-business mailing list
>>
>> Lnc-business at hq.lp.org
>>
>> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
>>
>> _______________________________________________
> Lnc-business mailing list
> Lnc-business at hq.lp.org
> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
>
>
> _______________________________________________
> Lnc-business mailing list
> Lnc-business at hq.lp.org
> http://hq.lp.org/mailman/listinfo/lnc-business_hq.lp.org
>
>


-- 
*In Liberty,*
*Caryn Ann Harlos*
Region 1 Representative, Libertarian National Committee (Alaska, Arizona,
Colorado, Hawaii, Kansas, Montana, Utah, Wyoming, Washington) - Caryn.Ann.
Harlos at LP.org <Caryn.Ann.Harlos at LP.org>
Communications Director, Libertarian Party of Colorado
<http://www.lpcolorado.org>
Colorado State Coordinator, Libertarian Party Radical Caucus
<http://www.lpradicalcaucus.org>
Chair, LP Historical Preservation Committee

A haiku to the Statement of Principles:
*We defend your rights*
*And oppose the use of force*
*Taxation is theft*
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://hq.lp.org/pipermail/lnc-business/attachments/20170401/ad3c2256/attachment-0002.html>