The pressure of events makes it impossible to prepare a list of donors this time. We do have ready, however, a couple of graphs showing the income and expenses for 1994, because we just got the figures from our accountant. They are given below.
The reason expenses outran income in 1994 was that I overordered pH pens from the manufacturer, because we were not keeping a regular inventory at the time. Now we are. I also ordered some white pH pens, for imprinting when the customer wants a pen they can put a colored logo on. (Not all colors go well with the purple and grey on our regular pen.) So altogether, about $8,000 is tied up in pen inventory, which reduces our income by the same amount.
The payroll covers 2.5 FTEs: the editor, and two 3/4 time people.
pH pen sales
Office expense, Rent
pH pen expense
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