The deficit experienced during this year was primarily the result of ourdeposit of $1,425.00 to
Camp Allen for the 2002 HMI Spring Retreat.  We "borrowed" the moneyfor this expense
from our "prudent reserve" savings account.  The good news is that as long as
we have a reasonable attendance at our Spring Retreat (and we expect to!), our deposit will be
refunded, and we will be able to return the money to our savings account.  Without this deposit to
Camp Allen, our cash flow would have been positive for the first six months.

Additionally, we have $1,000.00 in a short term CD, the result of "profits" from our 2000 convention.
Depending on the final financial results of the 2002 convention, this profit as well as potential
profits (above the "seed money" saved to fund the next convention) will eventually be used to
refurbish our prudent reserve account and balance the deficit from 2001.

Inflows normally consist primarily of :

*Seventh Tradition Income (money passed on to HMI from the collections at individual meetings.
A portion of the money collected at meetings is passed on to the Intergroup to fund the various
Intergroup projects.)

*Sale of literature (which is purchased from the WSO).

*A minimal amount of interest income from the savings account.  (The Twelve Concepts of OA Service
require that groups establish an ample  reserve.)

There are a number of outflow accounts which are itemized in the statement above.  Major expenses
include purchase of OA literature (then sold for income), phone (message center) expense, rent (to the
Oasis Club for office space), and convention expenses.