How is the average gross income determined, if due to lack of proper procedures and lack of paperwork, a unit cannot determine their gross receipts for several years?
Bank records show all deposits and expenditures. If you do not have all of the bank statements for the years needed, then determine which bank statements you are missing and request copies from the bank. You will probably have to pay for this service. Total all income from bank statements for each fiscal year to determine the average gross income. Remember, do not count membership moneys and Founders Day moneys forwarded through channels. If you don’t have these records, ask for assistance from your council or district.
