Income Statement 11/1/2021 – 10/31/2022
Balance Sheet, 10/31/2022
Income Statement YTD
Balance Sheet YTD
The 2021-2022 statements were reconstructed from bank statements for that period.
The 2022-2023 statements are being produced on a monthly basis.
The fiscal year starts November 1, shortly after the election of the officers and board of directors. Dues paid in the last quarter of the fiscal year apply to that fiscal year and the next. For example, dues paid in October makes that person a voting member immediately and for the next fiscal year (November 1 to October 31). Dues paid in that last quarter are recorded as a “prepaid dues liability) and are recognized as dues income on November 1.
Income thus far is entirely from dues. There are minor expenses.
Printing was for promotional material for the Bicycle Parade.
The Internet expenses are annual costs for hosting and domain name registration.
Please direct any questions to Harold Hallikainen, assistant to the treasurer.