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.

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. 

Read more: November 2015 Treasurer's Report

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

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

July 2015 Treasurer's Report

The Profit and Loss Statement for July shows an increase in net income of $1,988.  There were 3 payroll periods last month for our Special Workers, which had an impact on that bottom line number.  We are at a year-to-date net income of just over $41,000.  Even though the final numbers are correct, some items were placed in the wrong categories and our Accountant is making the changes.  I will post the corrected document when I receive it.

Read more: July 2015 Treasurer's Report