Treasurer’s Summary for April 2026
Pledge income remains lower than last year and lower than budget. As of April 30, 2026, year-to-date Pledge Receipts, Pre-Paid Pledges, Non-Pledge Donations and Plate Receipts totaled $328k compared to $382k for the same period in 2025 and a YTD budget of $382k. April receipts were only slightly behind budget. Total Operating Income stands at $350k compared budget of $401 and $414k in 2025.
Operating Expenses totaled $223k, compared to $216K in 2025. This is even with our budget of $222k.
Overall, we have a Net Operating Surplus (operating income minus operating expenses) of $127k compared to $198k at the same time in 2025. The year-over-year decrease is driven by the decline in pledge income. We do not expect the YTD surplus to last; the operating budget for the full year calls for a deficit of almost $50k.
Our Balance Sheet remains strong. Cash and marketable securities are $1.2 million (this includes securities valued as of March month end). Cash includes $375k we received as prepayment from FEMA/Florida Department of Emergency Management for the lower level renovation. The Endowment Fund balance is $3.03 million (valued as of March month end).
Questions and comments are warmly welcomed.
Janet Hurley