Summary of 2022 Income and Expenses
I hope this is simple enough for you to see. I made the font bigger and bolder.
As you can see, we took in $3473.54 and spent $2001.35. leaving an estimated yearly profit of $1470.
Factors to consider:
- Less income because membership dropped to about 1/3 less than the previous year
- Less event expenses due to the pandemic
- No rent last year for even a temporary physical HQ
- Plan to pay monthly rent and provide refreshments in the future
- Plan to buy equipment to facilitate hybrid physical/Zoom meetings
- Plan to hire a volunteer recruiter
- Consider putting excess funds in a 1-yr CD. Define excess funds.