IFT Financial Record
This record, as submitted to
the IRS for our 5-year review as a nonprofit, shows our receipts and
expenditures
from several years of events. As you can see, our net profits from our quarterly
events run from a low of $5.49
to a high of $165.42. Our year-round corporate insurance alone costs $250 a
year. We barely break even.
When times are tough, members of the Board make up the difference from their own
pockets.
Please consider making a small donation on our Contribute
page.
All monies are directly
deposited by our Treasurer, Donald Unverrich, into our corporate account in the
name of the
Institute for Thought, Inc. Checks cannot be written except with the assent of
the Board, over the signatures
of both the President and Treasurer.
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