The LNC Financial Statement for the end of July has been issued. Total Cash was at $118,763 plus the two Kennedy Joint Fundraising accounts.
The reported revenue for Account 4-4000 for June 2025 was corrected from $53,296 in the June financial statements to $45,866. Total Revenue for July was only $44,958, the lowest month of the year to date.
July Expenses totaled $92,608. Some of these were ‘non-cash expenses’. Net Income was -$47,650. The credit cards have all been paid off.
The correction to June was an input error that has now been corrected. For one contribution in June, a check number was inputted as the check amount.
The July expenses were large because the consultants on the Zoho CRM database “had been accumulating credits throughout the year”, but had not been informing the LNC. These had to be paid.
Net proceeds to the LNC for the sale of the building were $633,321.83.
The Treasurer proposes “July results notwithstanding, I still think that without an increase in LNC revenue, we will continue to run about $15,000 in the hole per month for the foreseeable future.”
From all the statements, it is noteworthy that little money is apparently being spent on raising funds.
Steve fails to inspire confidence. He ran off a loyal and competent secretary, and while he thinks that doesn’t matter, it does. Adrian was unliked by most and unelectable. He needs to get back the old donors but thinks he can do that with appeasing the darkness that ran them off to begin with. LPNH must go.
What would I have done were I him? Immediately took strong absolutely Libertarian stands. Keep the Party loyalists around. The hardcore Libertarian MC would have stayed and those that put this Party in the hole would have gone to the GOP. Instead he has been mealy-mouthed and weak.