More Good News

[Finances AHA]

Greetings.

Thanks to the actions of our good friend and co-founder Amanda Perez, the PayPal withdrawal limit has been lifted and AHA will soon be in control of the funds collected via that service.  You rock Amanda!

In tandem, the balance of over $7K is being transferred to our TCF Bank Account.  When the transfer is complete, PayPal has agreed to work with TCF to help AHA get the recent overdrawn fees waived.

Meanwhile, the PayPal name transition from Amanda to me as Financial Director is slowly winding it's way through PayPal's compliance processes.

Cheers.

Larry

PS.  For those who weren't at the Board Meeting, AHA was overdrawn because we have automatic payments set up for regular monthly bills.

PPS.  btw - $2100 of those funds are allocated to the Works' family for floating the rent and restocking for the Open House.

PPPS.  This all means we need to rebuild the $6K emergency fund.

--

Larry Works

Financial Director

All Hands Active Makerspace

525 E. Liberty St., Ann Arbor, MI

48104

AHA's Mission:  We seek to establish, build, and support a collective of individuals organized around the principles of community-driven education in the arts and sciences, and to ensure ready access to the tools needed to pursue the realization of those principles.

All Hands Active Makerspace is a 501(c)3 charitable organization.