2016 1st Quarter Report

The financial report for the Club showing the results for the first quarter of 2016

The financial report for the Club showing the results for the first quarter of 2016 in comparison to the budget for the entire 2016 year can be downloaded at the link below. The Double Century and the Fall Foxy, which are the Club’s major revenue and expense generators, have not yet had a significant impact on the financial report. The Budget shows a deficit of $15,280 for the year, which is worrisome if it persists in future years. The Balance Sheet shows ample reserves to absorb a deficit for several years while the Club works to enhance revenues and reduce expenses from Club events and activities. Questions about the financial report should be sent to me at treasurer@davisbikeclub.org.

Link to Report

Post Author: Simon Dvorak