Cyberspace Communications, Inc. Finances through 2/28/97

Mar 12 15:29 UTC 1997

Here is the treasurer's report on Cyberspace Communications, Inc.
finances through February 28th, 1997.

There was an error on the last treasurer's report; I added in the $3.42 bank 
service charge instead of subtracting it, which meant our balance was off by 
$6.84.  Our balance should have been $5,173.18 instead of $5,180.02.  My 
apologies.


Beginning Balance     $5,173.18

Credits                 $396.00         Member contributions
                        $150.00         New computer fund contributions
                         $46.00         Auction proceeds
                   ------------
                        $592.00

Debits                   $60.00         Pumpkin Rent for March
                         $83.00         Electricity for February
                         $20.00         Innovative Concepts phone line
                        $497.00         Phone (Not estimated!  Yay!)
                      $1,469.60         New hardware (see below)
                         $24.00         Reservation of Island Park shelter
                          $9.17         Bank service charge
                   ------------
                      $2,162.77

Ending Balance        $3,602.41


The $1,469.60 for hardware breaks down as follows:

1) U of M Property Disposition   Sun 4/370      $212.00
2) CRA Inc.    600MP board & memory board       $717.60
3) Piece by Piece    Two SM100 modules          $100.00
4) QuickerCAD   64MB memory                     $320.00
5) Kenneth Olsen   16MB memory                  $120.00

Our current balance breaks down as follows:

$3,484.41               General fund
   $60.00               UPS fund
   $58.00               Silly Hat Fund


I merged the new computer fund into the general fund since it was all used up 
(and then some) by our hardware purchases.

February was an ok month for donations, but not a great one; if you leave the 
new hardware out of the picture, we lost $251.17.  (Of course not every month 
can be like January.)  March looks a little batter; we've collected $424 so 
far.

It's worth noting that the pledge drive has come (so far) withing $100 of 
paying for the new equipment.  Thanks to everone who contributed to it, and to 
everyone who contributed in February: 

bjorn, bruin, chip, gregory, jshafer, kiwibird, nephi, qt314, robh, sarrica, 
sidsalz, srw, and one anonymous donor.  Thanks!

If you would like to become a member of Grex, all it takes is $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 by personal
check, we consider that a good enough ID.)  Type !support for more info.