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Q1 financial report

Posted: Wed May 05, 2021 2:34 pm
by aggshooter
Here is a summary of our first quarter financials.

Income
Membership--$12,260
Donation--$1080
Sanction Fees--$955
Restitution--$1600
Aus. Assn Fees--$400
Total income--$17,095

Expenses
PayPal fees--$157.18
Software--$116.28
Office supplies--$404.40
Postage--1707.07
Natl. Shooting Sports Assn. fee--$200.00
IHMSA News--$3949.08
total expenses--$6534.01

Net gain--$10,560.99**

All financial accounts-Jan 1 balance-$93,707.04 Mar 31 balance-$103,730.14

**Net gain vs. increase in balances has a $538 discrepancy. This is due to an expense that was paid in December but the check was cashed in January. It's all good.

Rich Hawkins
IHMSA Acting Treasurer

Re: Q1 financial report

Posted: Fri May 07, 2021 8:37 pm
by Shoot2Thrill
Thank you Rich. Keep up the great work.