[SBU Board] This Weekend -- Quick Look Financials

[Tim White]

Thanks David, I'll get a check off (won't be at Vancouver WA this week).

Anyone else have Vasa sectional expenses that have not yet been reimbursed?

BTW -- as a non-profit, we have revenue, expenses and "net income" -- not "profit."  If you don't think there's a difference, check out the IRS non-profit tax return forms  :-)

Tim


On Feb 16, 2015, at 5:21 PM, David Taylor <davidtay at live.com> wrote:

> Sorry to tank the otherwise impressive profits, but I have one more reimbursement. I gave Harrison and his sister $20 (10 each) to cover the extra clean-up work that they did. They stayed until the end to put away chairs and all that.
> 
> David
> 
> On Feb 16, 2015 9:58 AM, "Tim White" <trkwhite at gmail.com> wrote:
> Subject report attached.
> 
> Given further decline in attendance, we would have seen a substantial loss had it not been for (a) a large reduction from previous tournament hospitality expense for which we should be very thankful to Ann R, and (b) increased entry fees.
> 
> 
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