Treasury Report | 7.13.26

All,

This is the Treasury Report for the 7/13/26 Annual Meeting on 7/19/26. Below this summer are the YTD P&L and Balance Sheet Comparisons. Note the General Account which shows the outstanding D&O check $9,610 not yet cashed and the General Liability Insurance check $17,884 not yet mailed pending official invoice from Philadelphia Insurance.

Balance Sheet

  • Total Cash is $67,919 compared to $70,169 last year>note that 7/31/25 Cash was only $42,683 after Insurance and other year-end expenses.

  • General Account has $6.5k vs. $15.2k last year; see the note above.

  • Deer Account is $16.3k vs $2.5k last year; that's due to the recent Deer Fund campaign this June.

  • MMkt Account is $45k vs $52k last year of which $20k is in a 2.71% CD maturing 9/22/26.

  • Accrued Liabilities are an estimated $950 for unpaid expenses from the Annual Wine & Cheese Party.

P&L

  • Total Revenue is $111k vs $95.5k last Year

  • Deer Contributions are $24k vs. $11k last year due to the recent Campaign.

  • Donations were $7.4k vs $6.5k last year

  • Dues were $70.7k on par with $71.2k last year.

  • Interest was higher this year due to CD.

  • Events Income was $1,150 from collections for the Fall, Winter, & Spring events. See expenses below.

Expenses

  • Total Expenses were $87k vs, $114.6k last year. The major difference was expenses paid last year to establish the 25 mph limit on NPPOA and work done by Fisherman's Beach last year.

  •  Events were $11.7k vs. $8k last year due to the additional events for members this year during the offseason. Note this was partially offset by collections from members for the events.

  •  Maintenance was $14k vs $40k last year as noted above.

  • Software was $1.5k this year vs $2.9k last year because QuickBooks for both years was paid before 7/31/25.

  • Printing & Mailing was $8.9k this year vs $4.9k last year mostly due to an additional Fall Letter for $1.2k  this year and the late payment of $1k for the prior year's mailing.

  • Deer Expenses were $13k inline with last year.

Thanks, Keith 

Page 1

Page 2

Thank you. If you have any questions outside of today’s meeting, please email me at khughes55555@gmail.com.

 Keith Hughes, NPPOA Treasurer