World Internet Numismatic Society, WINS, Treasurer's Report

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- End of Year Summary 2008 -


Following is a summary report of the condition of the WINS Treasury, as of year-end 2008. The Club realized a net loss of approximately $370 this year, as follows.

Income from members' donations, both outright and with auction lots, was just under $340. Expenses were about $520, all computer related. Renewals of the Talk- and Trade-list functions were $180, and $345 was spent for needed computer maintenance.

Members contributed $1010 in memory of member Joe Garabini, who passed away this year, and a donation in that amount was made to Judevine Children's Home in Joe's memory. Additional expenses were $110 for funeral flowers and PayPal fees for the donations, which the Club absorbed.

A detailed report of the December financial activities can be viewed HERE. If any member desires additional or more detailed information, earlier reports are available from the Treasurer's Report Index. A detailed breakdown of financial activity for the year is below:

Treasury balance as of 12/31/07 $1328.01
 
Receipts
(all auction receipts are net of fees)

     Auction #47

$11.35

     Auction #48

$20.41

     Auction #49

$55.09

     Auction #50

$33.97

     Auction #51

$28.67

     Auction #52

$52.83

     Auction #53

$72.25

     Donations (Joe G.)

$1010.00

     Misc. Donations

$64.47
 
Total Receipts

 

$1284.57

 
Disbursements

     WINS Computer maintenance

($344.18)

     WINS-Talk/Trade Lists (1 year)

($180.00)

     Flowers for Joe G. funeral

($111.46)

     Judevine Donation (Joe G.)

($1010.00)

     Donation fees (absorbed)

($69.47)
 
Total Disbursements

 

($1715.11)
 
Treasury balance as of 12/31/08
  =======
$961.94

 

Respectfully submitted, Ken Hughes, WINS#112
Treasurer




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