AGM Financial Review Agenda

Welcome to the IWP Newsletter, where you can find the latest IWP news and events so you can make the most of your time in Portugal.

AGM Financial Review Agenda

AGM – Financial Review 

 
All IWP regular members are invited to attend the International Women in Portugal Annual General Meeting Financial Review.

Wednesday 24th March, 2021 at 2pm
via this Google Meet link: twj-cnbq-nsh 

AGENDA

1. Welcome;
2. Apologies for absence;
3. Reading of minutes of the last general meeting;
4. Discussion of the 2020 accounts;
5. Presentation and discussion of the proposal of the revised annual Budget for 2021:

 
International Women of Portugal
Budget to Actual Comparison with Variance
For the Year Ending December 31, 2020
      
 REVENUES  Projected  Actual  Variance 
 Membership Dues € 8,000€ 7,355(€ 645)
 Excursion Contributions          4,000              51      (3,949)
 Events           2,000            900      (1,100)
 Interest Income               10                2             (8)
 Other              200          (200)
 Total Revenues       14,210      8,308    (5,902)
      
      
 EXPENSES     
 Excursions        6,000     (6,000)
 Events                 –                 –  
  Appreciation Dinner        1,200     (1,200)
  Christmas Lunch           250         (250)
  Open Day        1,000         111        (889)
  Meetings/Events        2,000         509    (1,491)
  Cultural Events            500         413          (87)
  Volunteer Meeting            200         (200)
  Community Involvement            200         (200)
 Executive Expenses            500         180        (320)
 Accountant        1,000         880        (120)
 Legal Fees        2,500      3,101          601
 Website Development        5,000      5,160          160
 Website Maintenance        1,200      1,598          398
 Marketing        1,000         269        (731)
 Community Involvement                –           129          129
 Office Supplies/Postage        1,000         792        (208)
 Activity Subsidies           300           20        (280)
 Bank Charges             60           76            16
 Annual Fee                –                 –  
 Miscellaneous            300           (300)
Total Expenses       24,210     13,237     (10,973)
Net Revenue less Expenses   (€ 10,000)(€ 4,928)€ 5,072
International Women of Portugal
Projected Budget
For the Year Ending December 31, 2021
    
 Revenues   
 Membership Dues€ 6,000
 Excursion Contributions 
 Events  
 Interest Income 
 Other  
 Total Revenues                                                            6,000
    
 Expenses   
 Excursions 
 Events  
  Appreciation Dinner 
  Christmas Lunch 
  Open Day 
  Meetings/Events          600
  Cultural Events 
  Volunteer Meeting 
  Charity Events 
 Executive Expenses          200
 Professional Fees       2,600
 Website Development 
 Website Maintenance       4,300
 Marketing 
 Community Involvement 
 Office supplies/postage          300
 Activity Subsidies 
 Bank charges 
 Annual fee 
 Miscellaneous 
    
 Total Expense                     8,000
Net Income (Expense )(€ 2,000)
    
Cash Balances  
    
 Checking€ 5,800
 Savings                     24,000
 Petty Cash                         200
 Total Cash€ 30,000
    
Join us on Facebook Join us on Facebook
Visit our Website Visit our Website

X
X