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PCS Financial Reports
 2003 - Tom Driscoll
2002 - Arun Mahajan
2002 - Scree Rate Increase
2001 - Scott Kreider
2000 - Bill Kirkpatrick
1999 - Dee Booth
1998 - Nancy Fitzsimmons
1997 - George Van Gorden
1996 - Jim Ramaker
 1995 - Phyllis Olrich
1994 - Bob Suzuki
1993 - Brian Boyle
1992 - Charles Schafer
1991 - Debbie Benham
1990 - Dinesh Desai
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| 1995 Treasurer's Report |
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The PCS remains solvent. Membership stands at 196
(down by one from last year), although almost 13% of our
members now subscribe electronically and therefore pay
no fees. This will allow us to print fewer hardcopy Screes,
thereby saving money on printing and postage costs. The
dues increase to $12/year starting 1/1/96 (to cover the
ever-rising costs of postage, paper, and printing) should
provide a comfortable cushion for the next few years.
Our net worth went down about $400 from last year, due
in part to a $556 expenditure for a much-needed projector
and laser pointer. Our net worth is calculated using a
method (initiated by Dinesh Desai in December, 1990)
which assumes that the PCS disbands at the end of the
year and returns pro rata shares of unused subscriptions to
members. Such an analysis shows a required return of $887,
leaving the PCS with a remaining net worth of $744.
If you would like a copy of a detailed income/expense
report for 1995 or the worksheet I used to figure our net
worth, please contact me at 415-322-0323 or
PhyllisO@Forsythe.Stanford.edu and I'll be happy to
send them to you.
Thank you for allowing me to serve you as
secretary/treasurer this year.
- Phyllis Olrich
| Balance Sheet |
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December 22, 1995
Assets:
Wells Fargo Checking $1,631.70
Liabilities:
Number of Subscriptions* 171
Average Refund Owed $ 5.19
Total Refund Owed $ 887.49
Net Worth: $ 744.21
*Number of hardcopy Scree subscribers is 171. Add to that 25
electronic Scree subscribers, for a total of 196 PCS members.
NOTE: There are currently 178 EScree subscribers, 25 of
whom have indicated to the Treasurer that they wish to be
PCS members. The other 153 EScree subscribers are also
hardcopy subscribers or do not wish to lead trips and vote.
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