<html><body><div style="color:#000; background-color:#fff; font-family:HelveticaNeue, Helvetica Neue, Helvetica, Arial, Lucida Grande, sans-serif;font-size:16px"><div id="yui_3_16_0_1_1422930608977_32078" dir="ltr">The December 2014 End-of-Month Financial Reports are attached.<br style="" class=""><br style="" class="">The LNC ended the year with a deficit of $9,373. The year's Support & Revenue ran $62,664 under budget, and Costs & Expenses were $41,891 under budget. <br style="" class=""><br style="" class="">December had a $5,039 deficit, however $9,482 of depreciation for the building was booked in December (included in 8300-Depreciation Expenses on page 3). If you take out this depreciation, December would have had a surplus and the year would be essentially balanced, with a surplus of $109. The reserve dropped to $5,021.35 and remains under the reserve requirement.<br style="" class=""><br style="" class="">Tim Hagan<br style="" class=""><br></div> </div></body></html>