NAMHSA - 2012 Monthly Financial Reports

News & Updates

NAMHSA Monthly Financial Reports for July through November, 2012

NAMHSA monthly financial reports for this period were inadvertently omitted from the NAMHSA minutes and News. The July through November reports are provided here for convenience. Monthly reports will be put into the NAMHSA minutes and News going forward. The NAMHSA Board apologizes for the oversight and thanks those who pointed it out.

When reading and interpreting the monthly financial reports, there are a couple of important explanatory points to keep in mind:

First, checks written by NAMHSA are expenses *in the month they are written* (consistent with the practice of accrual accounting). However, a check may or may not "clear" the account in the same month it is written. The expenses shown in the reports below are the expenses *of that month*. In contrast, the change in the account balance from the first to the end of the month will reflect expenses that actually "hit" the account that month. This explanation is important for understanding how, for example, the account balance could decrease slightly over the month of October (i.e., the account balance is higher on Sept 30 than on Oct 31) despite the fact that NAMHSA had slightly more income than expenses in the month of October.

Second, the balance in the PayPal account is transferred to the NAMHSA bank account once per month, usually around the middle of the month. The money in PayPal is not recorded as income until it is entered into the NAMHSA bank account. So, if a PayPal payment is made on January 29th, it will be income in February, when the PayPal balance is transferred.

NAMHSA July 2012 Treasurer's Report
Prepared and submitted by Carmen Robertson, Treasurer August 20, 2012

7/1/2012 through 7/31/2012

TOTAL INCOME $1,030.75
TOTAL EXPENSES $-18,138.48

Balance in BOA checking as of 7/31/2012: $78,246.45
Balance in PayPal as of 7/31/2012: $357.17
Balance in NAMHSA accounts as of 7/31/2012: $78,603.62
_______________

NAMHSA August Treasurer Report
Prepared and submitted by Carmen Robertson, Treasurer September 3, 2012

8/1/2012 through 8/31/2012

TOTAL INCOME $1,268.00
TOTAL EXPENSES $-10,854.54

Balance in BOA checking as of 8/31/2012: $69,975.10
Balance in PayPal as of 8/31/2012: $354.83
Balance in NAMHSA accounts as of 8/31/2012: $70,329.93
________________

NAMHSA September Treasurer Report
Prepared and submitted by Carmen Robertson, Treasurer October 10, 2012

9/1/2012 through 9/30/2012

TOTAL INCOME $260.00
TOTAL EXPENSES $-664.05

Balance in BOA checking as of 9/30/2012: $68,493.50
Balance in PayPal as of 9/30/2012: $712.86
Balance in NAMHSA accounts as of 9/30/2012: $69,206.36
________________

NAMHSA October 2012 Treasurer Report
Prepared and submitted by Carmen Robertson, Treasurer November 7, 2012

10/1/2012 through 10/31/2012

TOTAL INCOME $986.00
TOTAL EXPENSES $-699.58

Balance in BOA checking as of 10/31/2012: $68,429.92
Balance in PayPal as of 10/31/2012: $468.69
Balance in NAMHSA accounts as of 10/31/2012: $68,898.61
_________________

NAMHSA November 2012 Treasurer Report
Prepared ad submitted by Carmen Robertson, Treasurer December 11, 2012

11/1/2012 through 11/30/2012

TOTAL INCOME $549.00
TOTAL EXPENSES $-839.39

Balance in BOA checking as of 11/30/2012: $68,504.53
Balance in PayPal as of 11/30/2012: $388.06
Balance in NAMHSA accounts as of 11/30/2012: $68,892.59

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Posted by Pauline Entin, NAMHSA Interim PR 1/15/2013

Last updated on January 15, 2013

Home About Us Become a NAMHSA Member Bylaws & Policies Contact NAMHSA Financial Statements Find a NAN-Qualifying Show by Date by Region by Name Forms/Downloads Fundraising Mailing List Member Show of the Year Merchandise Merit Awards Merchandise NAMHSA News NAMHSA Press Room NAN Reciprocity Program Show & Results Archive Volunteer		News & Updates NAMHSA Monthly Financial Reports for July through November, 2012 NAMHSA monthly financial reports for this period were inadvertently omitted from the NAMHSA minutes and News. The July through November reports are provided here for convenience. Monthly reports will be put into the NAMHSA minutes and News going forward. The NAMHSA Board apologizes for the oversight and thanks those who pointed it out. When reading and interpreting the monthly financial reports, there are a couple of important explanatory points to keep in mind: First, checks written by NAMHSA are expenses in the month they are written (consistent with the practice of accrual accounting). However, a check may or may not "clear" the account in the same month it is written. The expenses shown in the reports below are the expenses of that month. In contrast, the change in the account balance from the first to the end of the month will reflect expenses that actually "hit" the account that month. This explanation is important for understanding how, for example, the account balance could decrease slightly over the month of October (i.e., the account balance is higher on Sept 30 than on Oct 31) despite the fact that NAMHSA had slightly more income than expenses in the month of October. Second, the balance in the PayPal account is transferred to the NAMHSA bank account once per month, usually around the middle of the month. The money in PayPal is not recorded as income until it is entered into the NAMHSA bank account. So, if a PayPal payment is made on January 29th, it will be income in February, when the PayPal balance is transferred. NAMHSA July 2012 Treasurer's Report Prepared and submitted by Carmen Robertson, Treasurer August 20, 2012 7/1/2012 through 7/31/2012 TOTAL INCOME $1,030.75 TOTAL EXPENSES $-18,138.48 Balance in BOA checking as of 7/31/2012: $78,246.45 Balance in PayPal as of 7/31/2012: $357.17 Balance in NAMHSA accounts as of 7/31/2012: $78,603.62 _______________ NAMHSA August Treasurer Report Prepared and submitted by Carmen Robertson, Treasurer September 3, 2012 8/1/2012 through 8/31/2012 TOTAL INCOME $1,268.00 TOTAL EXPENSES $-10,854.54 Balance in BOA checking as of 8/31/2012: $69,975.10 Balance in PayPal as of 8/31/2012: $354.83 Balance in NAMHSA accounts as of 8/31/2012: $70,329.93 ________________ NAMHSA September Treasurer Report Prepared and submitted by Carmen Robertson, Treasurer October 10, 2012 9/1/2012 through 9/30/2012 TOTAL INCOME $260.00 TOTAL EXPENSES $-664.05 Balance in BOA checking as of 9/30/2012: $68,493.50 Balance in PayPal as of 9/30/2012: $712.86 Balance in NAMHSA accounts as of 9/30/2012: $69,206.36 ________________ NAMHSA October 2012 Treasurer Report Prepared and submitted by Carmen Robertson, Treasurer November 7, 2012 10/1/2012 through 10/31/2012 TOTAL INCOME $986.00 TOTAL EXPENSES $-699.58 Balance in BOA checking as of 10/31/2012: $68,429.92 Balance in PayPal as of 10/31/2012: $468.69 Balance in NAMHSA accounts as of 10/31/2012: $68,898.61 _________________ NAMHSA November 2012 Treasurer Report Prepared ad submitted by Carmen Robertson, Treasurer December 11, 2012 11/1/2012 through 11/30/2012 TOTAL INCOME $549.00 TOTAL EXPENSES $-839.39 Balance in BOA checking as of 11/30/2012: $68,504.53 Balance in PayPal as of 11/30/2012: $388.06 Balance in NAMHSA accounts as of 11/30/2012: $68,892.59 ----------------- Posted by Pauline Entin, NAMHSA Interim PR 1/15/2013
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