1. Treasurer’s Report Yearly Meeting 2015 Charles Schade, Treasurer Roger Wise, Assistant Treasurer

2. Summary of Report Planned deficit this year Income as budgeted Current large deficit in operations/projects partially due to timing SAYF is our largest activity except YM Healthy balance sheet Long term trends a concern

3. Assessments Amount: $60 per member and regular attender* Assessments pay for operations and projects Through May 31, SAYMA has received: –$24,488 (62% of annual budget) –From 14 of 21 monthly meetings Meetings contribute on different schedules *Minute 113-5, Fall 2005

4. Budget vs Actual Report Currently showing a surplus because of YM receipts ahead of bills Contributions and special funds paid Operations/projects deficit $13,454 expected to be about $8,000 at year end Higher than budgeted expenses in: –Delegate travel –Printing

5. SAYF Principal activity is retreats for young Friends 6 to date this year; 2 more planned 90 individuals attended one or more (average=40) Wide financial support Prudent spending ?? Priceless!

6. SAYMA Balance Sheet 5/30/2015 Same time last year $42,220

7. Set-Aside Fund Activity Money SAYMA accumulates Multi-year activities Each fund has a: –specific purpose –steward Relatively little fund activity in recent years –Only activity this year was payment of 3 rd World Delegate Fund balance to FWCC

8. Where the Money Goes* *Amounts from SAYMAs 2015 approved budget

9. Income and Expense Trends *Projected as of 5/15/2015

10. Summary of Report Planned deficit this year Income as budgeted Current large deficit in operations/projects partially due to timing SAYF is our largest activity except YM Healthy balance sheet Long term trends a concern