Balances as of this morning:

Money Market- $53,522.02

Checking- $46,699.29

Savings- $1491.00

Total $101,712.31

Our cash position is higher than it was this time last year with a peak in February 2024 of $112,466. 

Overall for calendar year 2023 we operated at a very small loss. I am not completely finished with financials but looks like the overall loss will only be around $2,000, whereas last year it was $21k. It is hard to compare 2022 to 2023 because the income is a bit skewed in 2022. There appears to be a large increase in income in 2023 mostly attributed to Highlands but you have to take into account that a lot of 2022 runners paid before 2022 with the covid deferrals. Highlands did raise their entry fee so some can be attributed to that too. I was not treasurer in 2021 so I cant compare back before 2022. I think looking at past bank statements, 2023 seems to be more "normal" in terms of net income, which I personally think is good, we didn't make a huge profit (not our goal) and we didn't lose a huge amount. 

I am showing charitable donations in calendar year 2023 of approximately $5500.

I am set to file our 990 on time by the 5/15 deadline. 

Recently we have had Muddy Mutt which seemed to be a huge success on the income statement. Jason netted $2,344.27 after our 10% take and donated this money to Hurricane PD k9 unit. 

Kanawha Trace just happened so I have not received their data yet, but it looked to be a great time!

Please let me know if anyone has questions!

Super report.  Thanks Lauren.

Questions or motion to approve?

I make a motion we approve Lauren's financial report as presented.

I second the motion to approve the financial report.