Presentation on theme: "Treasurer’s Report CODAZONA Business Meeting Jayde Perry 21 st June 2014."— Presentation transcript:
Treasurer’s Report CODAZONA Business Meeting Jayde Perry 21 st June 2014
Type of Funds According to USA tax laws... Unrestricted funds – money can be spent on operational costs and any other expenses related to our mission and purpose (have flexibility). Restricted funds – money must be spent in certain ways on certain items and reported on accordingly (no flexibility).
Assets (money we have in our account now) Operating Checking account$ Scholarship (Millie Brother/KODA)$ Stipends$ Equipment assets$ Accumulated Depreciation($ ) Other assests$ TOTAL ASSETS$
Unrestricted Funds (January – 17 th June 2014 income and expenditure) Conference Income$ General Income (membership & interest) $ TOTAL:$ Current conference expenditure $ General Expenses (accounting fees, bank charges, conference calls, website hosting) $ TOTAL:$ Note: Most conference expenses will be paid at the end of this conference. The remaining amount to be paid is approximately $ Income Expenses NET TOTAL$
Restricted Funds (January – 17 th June 2014 income and expenditure) Millie Brother Scholarship Fund$ Outreach (supporter donation)$ Stipends - Conference silent auction - Memorial fund supporter - General fund donation $ $ $ TOTAL$ Millie Brother Scholarship Fund (includes sponsorship, recipients tavel if applicable and operating costs) $ TOTAL$ Income Expenses NET TOTAL($7530)
Volunteer Hours July 2013 – June 2014 (excluding the hours volunteered while at both New Orleans and Tempe conferences) 9 Board members = 5000 hours Average of 555 hours per year, per Board Member