Financial Report

2022 Year End Financial Statement

In 2022 the FAAMA Foundation began the year with $12,414.  Income from donations totaled $7,694.20.  Donations were both direct donations and from the recently discontinued Amazon Smile.  Expenses totaled $1,188 this includes the convention fund raising expenses and required government filing fees.  There were a total of $5,000 in scholarships awarded in 2022.  Between a Certificate of Deposit and our Money Market account the Foundation earned $39.24 in interest.  At the end of 2022 the Foundation had a total of $13,959.73 in its accounts.

2022 Financial Statement