Tag: audited loss

Written by Diane Benjamin - editor

How much the ARENA really lost

By:  Diane Benjamin Remember the celebrations when VenuWorks announced they ONLY lost $276,367? They budgeted a loss of $495,514, so everybody happily reported they lost less than expected.  See PDF page 27:  https://www.cityblm.org/Home/ShowDocument?id=23151 Long time readers won’t be surprised to learn the auditors didn’t agree with the  VenuWorks accounting. The audited financial report has appeared […]

Written by Diane Benjamin - editor

Get ready for VenuWorks fiction

By:  Diane Benjamin Below are the Quarterly losses VenuWorks has previously reported for this fiscal year: 5/1/2018 – 7/31/2018  -130,634.54   PDF page 5 http://www.cityblm.org/Home/ShowDocument?id=20022 8/1/2018 – 10/31/2018  -96,333.02    PDF page 5 http://www.cityblm.org/Home/ShowDocument?id=20795 11/1/2018 – 1/31/19    -68,108.47      PDF page 5 http://www.cityblm.org/Home/ShowDocument?id=21235 Year to date for THREE quarters shows a loss of $295,076.03. The 4th […]