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.

2015 ABC Treasurer's Report

As I finish my first two-year term as WSO Treasurer, I remain grateful for the opportunity to use the skills I have gathered through the years in this role. I am also very grateful for the help and support of Board Trustee, Martin C. Together we make up the ‘fantastic’ Finance Committee, which meets via Skype every other Tuesday. I also want to acknowledge Allen C., who was part of our Committee until mid-year 2014.

I am presenting both the Balance Sheet and the Profit and Loss (P&L) Statement that cover fiscal year 2014. These documents include a comparison to year-end 2013. 1Q 2015 Balance Sheet and 1Q 2015 P&L figures are also part of this report. Additionally, at the end of this report is a list of all 7th Tradition Contributions for 2014 and 1Q 2015.

Read more: 2015 ABC Treasurer's Report

March 2015 Treasurer's Report

The financial information for March is included in the Balance Sheet and the Profit & Loss Statement. The Net Income from March is $11,433. 

There have been additional expenses since the launch of the website, including normal fixes and some things that were unexpected.  This is fairly common for new websites, especially those of this magnitude.

Read more: March 2015 Treasurer's Report

January 2015 Treasurer's Report

January was a good month financially for the Fellowship.  The Profit and Loss Statement shows a Net Income of just over $20,000.  This seems to partially compensate for much lower December sales than expected.  Part of that increased income was also due to a larger total for 7th Tradition Contributions.  Thank you to all groups who are able to contribute according to the 7th Tradition guidelines, as well as to those individual ACAs who make contributions.  All contributions are listed in the document section under Treasurer's Report entitled Donations Received. 

Read more: January 2015 Treasurer's Report

February 2015 Treasurer's Report

Volunteers Wanted:  If you have a background in Finance and/or Accounting, the Finance Committee is looking for you to join us.  Please email Mary Jo at Treasurer@adultchildren.org  if you're interested.

February's financials show that there was a net income for February of $3,254.  The details are in the Profit and Loss Statement.  This is down considerably from last month for several reasons, many of which are normal fluctuations. 

Of note in the Administrative portion of the P&L, which we call the WSO Cost Center, are that 7th Tradition contributions were lower by about $3,000 from last month, and we showed no income from Amazon ebook sales, which should show up in March. Expenses in this section are rising as we spend more money on Literature Development and outreach projects. 

Read more: February 2015 Treasurer's Report

December 2014 Treasurer's Report

We continue to show a solid bottom line on the Balance Sheet. I know that many members and groups look at what we have and wonder what we're doing with it.  I've pointed out in the past about how we need to maintain a solid Prudent Reserve and that there are funds that have to be set aside for purchase of new literature.  You'll also notice in looking at the figures that we plan to hire more special workers in the Distribution Center. 

Read more: December 2014 Treasurer's Report