Dharma Rain - Board Minutes
Board Minutes Summary — August 25, 2011
The Board approved the Fiscal Year Ending (FYE) 2012 Budget by unanimous vote.
Treasurer’s Report. As of July 31, 2011, total YTD income is $229,491.
Total YTD expenses (before depreciation) is $198,885. Net Income is $30,606 – up
some $16,725 over the budget. This was due in part to receipt of a one-time
grant of $25,000. Health Insurance, Building Maintenance, Utilities, Food and
Transportation cost are over budget while cost savings were realized in Administrative
Overhead, Newsletter, Bookstore and the Silent Auction.
Board members will provide brief updated bios for posting on the Dharma Rain
web site (with photos). A draft welcome letter for new and prospective Board
members was circulated for review.
The Treasurer and Secretary will work with the assistant Kanin to adapt/incorporate
guidelines for data retention and storage for Dharma Rain to ensure safe,
complete and accessible storage of records and policies.