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Thread: 08. Other Officers' Report

  1. #1
    Join Date
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    Default 08. Other Officers' Report

    If you are a CFC Officer and have a report to give, please post it here

  2. #2

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    Will we be receiving an update on the state of the Federation's finances at this meeting?

  3. #3
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    Quote Originally Posted by Ken Craft View Post
    Will we be receiving an update on the state of the Federation's finances at this meeting?
    I'm not sure if Chris can make a meeting thread for this

    Summarized Revenue Statement after 8 months of 2010/11

    Revenue

    Net Sales 4804
    Memberships 29028
    Rating Fees 17879
    Other 9822

    Total 61533


    Expenses

    EKG 27621
    Other Admin 8600
    Newsletter 11825
    Programs 11603

    Total 59649

    Net Profit 1884

  4. #4

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    Thanks, Fred. It is nice to see the Federation in the black.

  5. #5
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    Fred, you're on the Exec, so you should be able to create your own "New Business" thread if you want

  6. #6
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    Thank you, Fred!

    Could you please clarify - what does it mean?

    "Revenue : Other 9822"

    "Expenses : Programs 11603"

    Is it Olympiad donations and expenses?
    Or something else?
    Thanks,
    Michael Barron

  7. #7
    Join Date
    Aug 2008
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    Default Financial details

    Michael,

    The best way to get a thorough understanding of the financial numbers is to review the detailed 6 month report. You will find it in the GL reports. The next quarterly report will be out in a few weeks, again with all the details.

    The important point to note on this 8 month summary, we are on budget.

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