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The GSResources 2018 Balance Sheet

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administrator said:
No, the money doesn't roll over. January 1st starts a new financial year with a zero balance.

Frank
Click to expand...

So when someone was saying "we are in the red", that was because the balance sheet for 2018 did not show the near $1000 from balance of last year....?
(Not that I am complaining.)
Am still trying to understand why someone said "we are in the red", when it did not appear that way to me.

Good to see how many folks have made contribution (my self included, I was days from expiring).

.
 
My reminder will be my mother's bday...that's when I submitted my payment this year. Although, a reminder in Jan 2019 will be a good idea.


Ed
 
Redman said:
So when someone was saying "we are in the red", that was because the balance sheet for 2018 did not show the near $1000 from balance of last year....?
(Not that I am complaining.)
Am still trying to understand why someone said "we are in the red", when it did not appear that way to me.

Good to see how many folks have made contribution (my self included, I was days from expiring).

.
Click to expand...

I am also trying to understand. The site cost about $700 a year without improvements, what happens to the surplus when there are $1700 in contributions for the year? I can totally understand the excess going to the dude running the site, but maybe be clear about that? I completely and wholeheartedly understand time isn't free, but maybe some of the surplus could go to getting the Yellow Frank project going again?
 
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