[Ofa_boardplus] February Treasurer's Report

[Jim Ryan]

Cash position increased about 10% to $218,717. Accumulated surplus
decreased again to $112,425.



Net income was a loss of $7,078, slightly less than last month. This was
helped by a reduction in ED charges from 137% of budget to 72%, reflecting
primarily a significant reduction in time required for Workshop planning.
This was slightly hindered by our first Director and Officer (D&O)
insurance payment. Legal expenses continue to be a factor and they are not
over yet.



Comments/questions are more than welcome. I’ll send the actual financial
reports to anyone who wants to see them.



Thanks, Jim, Treasurer
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