Volume 17, Number 3
Aug 1993

Report to Readers for 1992

Last year we came out ahead: income exceeded expenses by a comfortable margin. In 1993 it will be the other way around: the expenses of getting set up in the new office with new staff and new software, of upgrading and double-checking our circulation records, of switching to double-entry bookkeeping, and of handling an increasing number of requests for information, will outrun income. The payoff should come in 1994 and beyond.

"Information gathering" includes the telephone, books, and conferences. When we get back on Email (soon), that cost will be part of this category too.

                        1992 Expenses

Payroll - 2.4 FTE                                    $38,437 37%
pH pen expense                                       $13,810 13%
Printing expense                                     $13,083 13%
Office expense; Rent                                 $10,896 10%
Information gathering                                $10,707 10%
Move to Texas                                         $7,093  7%
Postage                                               $5,381  5%
Other                                                 $5,498  5%
   Total                                            $104,905 100%