Re: Summary of 2000 -- 2002 (fwd)

[Cheryl Rogers <cheryl@wilstream.com>]

I would be curious to see a more complete breakdown of the $25k in TAG 
expenses. Does one already exist?

In addition to having $25k of TAG expenses in 2002, is it not also 
true that we had virtually no ad income in 2002? Because Kathy was not 
on the job until 2003, right? And one of the first things she did was 
send out invoices!

Given that, and David's comments, I think that 2003 might be more 
representative of what we can expect in 2004 than any previous year. I 
also think that we might want to re-examine our invoicing procedures 
for ads. Keeping in mind, naturally, that Kathy and Erik are about to 
have no time whatsoever. :-)

Cheryl

Erik Olson wrote:

> David sent this, and I want to share it with the board (my comments 
> follow).  
>
> ---------- Forwarded message ----------
> Date: Sat, 22 Nov 2003 15:02:01 -0500
> From: David Lass <davidlass@villasunscape.com>
> To: Scott Heiber <shieber@yahoo.com>, Erik Olson <erik@thekrib.com>
> Subject: Summary of 2000 -- 2002
>
> Hi guys -- 
> Going over the annual reports for the past 3 years (2000 -- 2002) this is what I come up with.
>
>       AGA -- Summary of 2000 -- 2002   
>       Year  Starting balance   Ending Balance   Delta this year   Cumulative Delta  
>       2000  $     29,391   $ 31,756   $   2,365   $      2,365  
>       2001  $     31,756   $ 37,326   $   5,570   $      7,935  
>       2002  $     37,326   $ 16,033   $(21,292)  $    (13,357) 
>          
>          
>
> We took two big hits in 2002 because:
> 1) We had virtually no TAG expenses in 2001, and jumped to $25k in TAG expenses 
> in 2002
> 2) We bot $7,500 of PAM's in 2002.
>
> ----end forwarded message------
>
> Thanks David.  These are the numbers I really needed to see at the board
> meeting, so I appreciate the work today.  For the rest of you, this
> underscores what I've been trying to push... we are *not* in good shape at
> the moment.  We are closing the gap, but it is not near closed yet. Having
> $17k in the bank means that we have 2-3 TAGs of cushion remaining, and
> this money is used for other things than TAG: new books, ribbons, next
> year's convention expenses.  David sent me a budget spreadsheet which
> shows clearly we'll be losing around $6000 next year if we continue at our
> current expenditures, membership and ad revenue (it includes $2000 income
> from the convention).  I think it may be time to start talking how we can
> reduce that gap further, but since Karen's out for a while, maybe everyone
> just start "thinking" for now and we'll talk in a few weeks.
>
> Thanks for listening, and now I'm going back to simple things (editing the 
> convention video)
>
>   - Erik

--
Cheryl Rogers, Membership
Aquatic Gardeners Association
http://www.aquatic-gardeners.org

 ------------------
 To unsubscribe from this list, e-mail majordomo@thekrib.com
 with "unsubscribe aga-sc" in the body of the message.
 Old messages are available at http://lists.thekrib.com/aga-sc
 When asked, log in as username is "aga-sc", and password "incorp".