Cyberspace Communications finances for August 2002

Sep 3 23:01 UTC 2002

Here is the treasurer's report on Cyberspace Communications, Inc. finances 
through August 31st, 2002.

Beginning Balance     $5,716.99

Credits                 $312.00         Member contributions
                          $4.41         Interest on our savings account
                         $55.00         Commissions from sales via CafePress
                        $165.00         Refund from State Farm
                   ------------
                        $536.41

Debits                   $76.58         Pumpkin Rent for September
                         $45.97         Electricity for August
                        $175.15         Phone Bill
                        $135.00         DSL August 15 through September 15
                          $5.37         Paypal fees (income = $144)
                        $475.00         Insurance premium
                   ------------
                        $913.07

Ending Balance        $5,340.33

Our current balance breaks down as follows:

$4,103.34               General Fund
  $152.99               Silly Hat Fund
   $60.00               Spare Parts Fund
$1,024.00               Infrastructure Fund

The money is distributed like this:

$1,008.73   Checking account
$4,331.60   Savings account earning approximately 1.30% interest annually

I guess the CafePress commissions should count as activity in the Grex
store, so the balances become:

                         Cash                                    Stock
                     ---------                                ---------
                      $149.40                                  $162.10
                       $55.00  <-- Commissions
                     ---------
                      $206.40

We had three new members in August (essex, antoniob, and tod).  We are 
currently at 83 members, 78 of whom are paid through at least September 
15th.  (The others expired recently and are in a grace period.)

Notes:

- We received a $20 commissin check from CafePress.com, as a result of the 
Grex merchandise store that valerie set up for us at 
http://cafepress.com/grexlogo.  Valerie bought some merchandise there and 
wasn't charged commission because she was the one who set up the store, so 
she wrote Grex a check for what the commission would have been.  (Yay 
Valerie!)

- When our insurance was up at the end of May, our premium was slated to 
increase from $375/year to $475/year.  That seemed like a lot, so mary 
went shopping for us; State Farm offered us coverage for the much more 
reasonable rate of $165/year.  Unfortunately, they subsequently backed 
out, and we had to go back to Hastings Mutual.  So that's why this month 
we had both a refund from State Farm and a payment to Hastings.

- I was away for much of the month.  Thanks to janc for being the stand-in 
treasurer.

Thanks also to everyone who contributed in August:

antoniob, bruin, coyote, dpc, dpfitzen, essex, mopsy, n8rxs, scott, tod, 
and valerie.

Thanks everyone!

If you or your institution would like to become a member of Grex, it only
costs $6/month or $60/year.  Send money to:

Cyberspace Communications
P. O. Box 4432
Ann Arbor, MI 48106-4432

If you pay by cash or money order, please include a photocopy of some form of
ID.  I can't add you to the rolls without ID.  (If you pay with a personal
check that has your name pre-printed on it, we consider that a good enough
ID.)  Type !support or see http://www.cyberspace.org/member.html for more
info.