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 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

November 2014 Treasurer's Report

The financials for the month of November show that WSO remains in good financial shape.  Click here for the Balance Sheet to see that even with the expenditure of the website, liquid assets (cash and merchandise in the warehouse) total $295,000.  A year ago that

Read more: November 2014 Treasurer's Report

September 2014 Treasurer's Report

For the month of September the bottom line on the Profit and Loss Statement shows an increase in Net Income of $14,870.95.  This is partially due to an increase in 7th Tradition contributions.  The specific detail about contributions is shown on the Donations tab below the Treasurer's Report in the menu at the left.

On the Balance Sheet we have moved additional funds into the New Website line to prepare for additional expenses. 

The Treasury Committee met twice in September.  Click here to see minutes from the first meeting.  The second meeting of the month was spent discussing website charges and previous business. 

Respectfully submitted,

Mary Jo L.

WSO Treasurer and Trustee

October 2014 Treasurer's Report

Due to an error in this month's inventory that wasn't corrected until mid-day yesterday, Friday, November 7th, our Accountant wasn't able to get the financials to me in time for the Treasury Committee to review them before posting.  UPDATE: Final P&L Statement and Balance Sheet.

Read more: October 2014 Treasurer's Report

August 2014 Treasurer's Report

For the month of August, there is no change to the Balance Sheet other than the additional income that's reflected on the last line of the Profit and Loss Statement of $11,133.09.  There were no significant changes in the financial picture shown on the P&L Statement other than there were three pay periods in August, which is reflected in the higher than normal amount of wages paid. 

We have discovered that we report our wages for Worker's Compensation purposes in a way that has increased those costs.  Adjustments are being made to decrease the amount paid, which will require more accurate recording of the time Staff members spend either doing office work or warehouse work. 

I traveled to Signal Hill in August with our Secretary, Karen R.  This is something Board members do on at least a yearly basis to do a process audit. 

The Treasury Committee met twice in August.  Click here for a copy of the minutes from those meetings.   

Respectfully submitted,

Mary Jo L.