July 2007 177
THE SCHEDULES of Operating Expenses
show in detail the $7,148,972 and
$7,462,410 that appear on the Statement of
Activities presented last month. You will
notice a decrease in operating expenses of
$313,438. It is an ongoing battle to keep
expenses from skyrocketing.
Next month I will present the
Statements of Financial Position. The
assets total $18,947,614 for the year ended
December 31, 2006.
Thought for the day: Robert Schuller
said, “When you can’t solve a problem,
manage it.”
A-B-C Always Be Courteous.
Until later …
Doug Holland
3517 Fernwood Dr.
Raleigh NC 27612
Home: (919) 787-5163
Work: (919) 787-7454
Executive Vice President
Doug Holland; [email protected]
Edition: Model Aviation - 2007/07
Page Numbers: 177
