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November 14, 2025 @ Virtual
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Treasurer's Report
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Topic: Treasurer's Report (Read 5519 times)
Logan Rath
Administrator
Jr. Member
Posts: 79
Treasurer's Report
«
on:
November 13, 2025, 09:29:16 AM »
There has been no activity other than some memberships coming in. Here are our current balances:
You can see more details at:
https://docs.google.com/spreadsheets/d/1WQQyDyi9f-Qbw7V-0dOB58XRmjZAECBUiHJq9pywtOI/edit?usp=sharing
.
There are two issues I'd like to bring up:
1. We are currently a 501(c)(6) and appear to not be incorporated. Should we consider becoming a 501(c)(3) which may have some tax benefits. Here is a list of differences (most fall around lobbying):
https://donorbox.org/nonprofit-blog/501c3-vs-501c6
2. Should we move our funds from Paypal to our checking account? We're no longer using that money and so I think it's probably a good idea.
Respectfully,
Logan
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November 14, 2025 @ Virtual
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Treasurer's Report