INFLOWS

  TOTAL 7th Tradition                        4,424.19
  TOTAL Conventions                         1,779.19
  Interest Inc                                             22.02
  TOTAL Literature Sales                  4,846.09
  TOTAL OAsis Club                             182.00
  Other Inc                                                  9.25
  TOTAL Retreats                            11,450.00
  TOTAL Special Events                          48.25
 DivInc                                                        8.17
 RlzdGain                                                    5.72

TOTAL INFLOWS                           22,774.88

OUTFLOWS

  TOTAL Bank Charge                             33.77
  Computer Services                                127.92
  TOTAL Copies                                      393.35
  TOTAL Literature Purchases            5,550.43
  Newsletter                                              254.82
  Office Supplies                                         17.95
  Postage                                                   207.72
  TOTAL Region III                              2,266.37
  TOTAL Rent                                       1,855.00
  TOTAL Retreat 2002                         9,155.90
  TOTAL Retreat 2003                         2,100.00
  TOTAL Special Event Expenses              9.00
  TOTAL Utilities                                  1,742.58
  TOTAL WSO                                         825.75

TOTAL OUTFLOWS                         24,540.56
 

OVERALL TOTAL                             -1,765.68
_______________________________________
 

Notes:

We use a simple cash flow accounting process (not accrual).  Literature expenses exceeded literature sales, contributing approximately $700.00  to the deficit - although we have the excess literature in stock.  Additionally we have approximately $1200.00 in convention profits that are not included in the total, which will reduce the deficit.  However, 2001's convention profits are included in this year's totals.  Furthermore, the income total also includes an anonymous individual donation of $1,000 this year.  So, in effect, actual regular incomes were significantly below expenses this year.  The deficit was covered by our prudent reserve, required by The Twelve Concepts of OA Service.  However, if this reserve begins to shrink further, HMI may consider fund raising measures in 2003.
 
 

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 and phone book) expense,
rent (to the Oasis Club for office space), and convention expenses.