Q1 financial report
Posted: Wed May 05, 2021 2:34 pm
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
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