We raised an additional $1,000 in October, bringing the grand total to $4,950 of the $50k Larry Walker challenged us to raise.

As of the end of October, AIBD's cash on hand, including untransferred credit card charges, stood at $8,965. This represents a significant increase compared to $399 last year, though it is slightly less than the $9,710 recorded in 2024 and more than the $6,570 from 2023.

Income and expense summary:

Looking ahead in November, our insurance policies are due for renewal on December 1st. This will necessitate having at least $8,000 readily available, as the company mandates payment via a digital check.

As of November 16, the VISA statement will show a remaining balance of $21,455 from October (after a $10,000 payment), along with $6,481 in new charges, totaling $27,935. While my initial goal was to make an additional $10,000 payment, this may need to be reduced to $5,000. The minimum payment due is $719.

For November, I project expenses of $38,000 against a revenue forecast of $33,000, resulting in an estimated cash balance of $3,000 across our checking and PayPal accounts.

Approximately 31% of our professional membership will receive renewal invoices between now and December 15th, representing $81,270 in potential revenue. Nearly 50% of our CPBDs will be invoiced, representing another $32,835 in revenue.