<html><head><meta http-equiv="Content-Type" content="text/html charset=us-ascii"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space; ">Thanks David, I'll get a check off (won't be at Vancouver WA this week).<div><br></div><div>Anyone else have Vasa sectional expenses that have not yet been reimbursed?</div><div><br></div><div>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 :-)</div><div><br></div><div>Tim</div><div><br></div><div><br><div><div>On Feb 16, 2015, at 5:21 PM, David Taylor <<a href="mailto:davidtay@live.com">davidtay@live.com</a>> wrote:</div><br class="Apple-interchange-newline"><blockquote type="cite"><p dir="ltr">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. </p><p dir="ltr">David </p>
<div class="gmail_quote">On Feb 16, 2015 9:58 AM, "Tim White" <<a href="mailto:trkwhite@gmail.com">trkwhite@gmail.com</a>> wrote:<br type="attribution"><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">Subject report attached.<br>
<br>
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.<br>
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