Treasurer's Report and Finance Committee - September 2016

TREASURER'S REPORT

The monthly financials for September 2016 are as follows:

  • Balance Sheet (click here) - remains largely unchanged. WSO total assets are $648,753, which include cash assets, inventory on hand and down payments to vendors, etc., and intangible assets such as the website. 
  • Profit and Loss Statement (click here)- there was a net income of $13,152, which is average for this year thusfar. The Distribution Center is out of some inventory again, which will be discussed in the Office Report. 
  • A specific breakdown of 7th Tradition Contributions under that tab in the Repository menu. 

FINANCE COMMITTEE REPORT

Members:  Jeffrey F., Melani M., Mary Jo L.

The WSO is in need of volunteers for the Finance committee who have a background in Accounting.  Please send an email to This email address is being protected from spambots. You need JavaScript enabled to view it. if you are able to provide service to the fellowship in this way.

The committee met twice within the past month and discussed the following:

  • The financial backup for recommending that all tri-folds be free downloads. 
  • The change in pricing for all 'for sale' tri-folds because of increased costs.  
  • Proposal for European Committee funding.

Respectfully submitted,

Mary Jo L., ACA WSO Board Member and Treasurer