financial summary March 2025
This year, the SLFS had a total income of $55,000, which came from the $1 Student Legal Fund Society fee charged to each student. After accounting for all expenses, a cash surplus of $15,068.90 remains.
Breakdown of Expenses:
AMS Rent Expenses: $19,354.10
AMS Contractual Obligations: $20,000.00
Filing Fees: $90.00
Website Fees: $487.00
Total Spending: $39,931.10
Conclusion:
The organization has maintained a positive financial position, ending with a surplus of $15,068.90. The largest expenditures were rent and contractual obligations paid to the AMS, making up the vast majority of spending.