You may be wondering why we set the dues at $65 and where all that money is going. The short answer is all that went back to you guys! All the money we spend goes to the organization. Believe it or not we don't treat ourselves to lavish dinners or private flights.
Total money in: $3,449.89
Total money out: $3,440.83
As you can see that left us with $9.06 at the end of the year. It was pretttty close and really only worked because the directors were able to loan the association a bit while bills were getting paid.
For 2023, we're hoping to raise more money for scholarships (which we have already done!) and spend our money more efficiently on the Reunion Dinner. In 2022 we were putting on an event for the first time and learned a lot about livin' (and a little 'bout love) so hopefully can learn from our mistakes and throw a fun event while not spending 48.5% of our budget.
Scholarships
$500: Joonha
$500: Andrew
$1000 total
One-Time Costs
$275: 501c formation
$50: Website domain purchase
$375 total
Yearly Costs
$165: Georgia incorporation, charity formation, 2022 annual registration
$138.87: Vistaprint thank you cards
$58: Stamps
$13.37: Mailing a single pin
$17.35: Bubble mailers
$392.59 total
Homecoming Dinner
$219: Space rental
$702.99: Tables and chairs
$751.25: Food
$36.18: Certificate paper and frames
$1673.24 total