Lesbian, Gay & Bisexual  US Peace Corps Alumni

2007 Financial Report

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During 2007 we took in $185 more than we spent. This is a good thing, but left us little room to make donations to good Peace Corps related programs as we have in the past. For this reason and others we have decided to save the costs of our printed newsletter and offer an email version only, and this is the first issue. Traditionally at the end of each year we have held onto enough money to see us through one more year, regardless of the income we would receive for that year. This year we project operating expenses somewhere between $500 and $1000 (probably closer to $500). With a starting balance of more than $3200, we can budget $2000 for a donation that we plan to make later this spring or early summer. You’ll all be asked for ideas in March. We have also decided to forgo collecting dues from those members who do not belong to the NPCA. Mike Learned explains this decision and the rationale in the article, Changes for LGBT RPCVs, so take a look at that.

Start of Year (2007) Balance $3059.86

Income
NPCA Memberships (includes adjustments) 971.92
NPCA + LGB RPCV Memberships 370.00
LGB RPCV (only) Memberships 1120.00
Gifts and Other  210.00

Total Income $2671.92

Operating Expenses

Newsletter, Printing, Postage 1702.40
NPCA Rebates 315.00
NPCA Affiliation Fee 100.00
Miscellaneous Expenses 368.88

Total Operating Expenses $2486.28

Income minus Operating Expenses $185.64

End of Year (2007) Balance $3245.50


Dan Rael can be contacted at daniel_rael@hotmail.com



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