Treasurer's Report

The Treasurer is responsible to the WSO for monitoring and reporting all the WSO income and expenses.  This includes liaison as needed with the WSO office staff and supporting accounting firm.

Check here for the latest WSO Treasurer and accounting reports to the WSO Board.

December 2016 Treasurer's Report

The financials will be posted as soon as they are ready.  There have been some delays due to the holidays. 

The preliminary Net Income for December is -$1,117.  December sales can sometimes be lower than usual, which partly accounts for this negative balance.  Also, we ran out of the Laundry Lists Workbook in mid December so some people may be waiting to order until it is available again, which will be closer to the end of this month. 

The Finance Committee now includes another new member besides Jeffrey F. from Prague and that is Bill D. from Florida.  We will have our first committee meeting soon.

Respectfully submitted,

Mary Jo L., Treasurer

November 2015 Treasurer's Report

You may notice a slightly different look to the financials because we are now rounding the numbers off to make them easier to read. 

To get to the specifics, the Balance Sheet for last month has changed little. 

The Profit and Loss Statement explains that for the month of November, sales, less cost of goods sold, were about $29,500.  This figure does not include what was collected and paid for shipping. The Distribution Center income after expenses was $13,647. 

Our second cost center, which covers income and expenses not related to the Distribution Center, shows 7th Tradition contributions of $6,025. Specific November's contributions are shown under the Donations tab in the left margin of the Repository.  Audio book sales were $1,039 and eBook sales were $2,795. After expenses, this cost center had a net balance of $4,977. Reflected in this balance is a net credit of $2,360 for the cancellation of hotel arrangements for the Board's Strategic Planning meeting held last week. Less expensive accommodations were found and will be shown in the December financials. Overall, the net income for November was $18,623. 

Regarding the Finance Committee, I welcome Jeffrey from Prague as a member.  We have yet to have a meeting, but that should happen soon.

If anyone has questions, they can contact me at This email address is being protected from spambots. You need JavaScript enabled to view it. .

Respectfully submitted,

Mary Jo L.

Treasurer and Board Trustee

September 2015 Treasurer's Report

September's Balance Sheet shows no significant changes.  The Profit and Loss Statement shows an overall increase in Net Income of $9,796.  Upcoming additional expenses include the cost of translations as reported by the Literature Committee as well as additional Special Workers.

The Finance Committee is working on a special spreadsheet and revision of Prudent Reserve figures. 

Respectfully Submitted,

Mary Jo L., Treasurer

October 2015 Treasurer's Report

The Profit and Loss Statement for October shows a negative balance of $5,242.  An expenditure was made of $17,720 for translations that will be reported on during the Literature Committee report. 

The Balance Sheet is largely unchanged. 

There is no Finance Committee report as there is temporarily no committee. 

Respectfully,

Mary Jo L.

WSO Treasurer and Board Trustee

August 2015 Treasurer's Report

The Balance Sheet for August is essentially unchanged from previous months, except for the $20,056 increase in Current Assets that is explained on the P&L Statement.  Much of the funds listed in the Savings section are committed to future expenditures, including some more immediate expenditures for translations. 

Read more: August 2015 Treasurer's Report