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Project-to-Date Financial Summary <br />The following is a summary of revenue and expenses for all the years where financial data are available. There are <br />several items of note regarding the financial summary, including: <br />•92% ($16,517) of the total revenue raised ($17,997) occurred between October 1 and January 31. <br />•During the push for funds in October - December, feedback from businesses and individuals indicated that: <br />o The uncertainty about whether the City would approve the project and/or whether contributions would <br />definitely be deductible for 2022 were noted as concerns. <br />o The short turn-around for making a decision on the contribution was problematic because there was not <br />sufficient time to bring the request before leadership/boards of directors. <br />o The timing of the request was problematic because several businesses were wrapping up their fiscal <br />years and had already spent down funds allocated for charitable organizations. <br />In Kind Support <br />In addition to the cash donations and pledges, an estimated $3,300 of donated materials and services were provided in- <br />kind to the project by businesses and individuals between October 1 and January 31. In-kind donations included <br />payment of labor expenses for the temporary covering on the roof and soffits, printing of the brochures and sponsor <br />materials, postage and mailing supplies for campaign, signage for the building to promote the website, solar lights for <br />the exterior of the building, graphic design and website, and materials for temporary repairs on the building. <br />Page 27 of 89