USCF JANUARY FINANCIALS REPORTED

USCF's monthly financial report covering January shows a slight operations profit for the month, with a year to date profit for the eight months elapsed in the fiscal year of $74,197.  This number does not include the LMA, which had lost $80,343 year to date through December, while the calculated LMA liability based on the estimated cost of servicing the life members increased by $31,214, so the "consolidated" figure through January would probably show a loss.

Book and equipment sales have been poor, and regular memberships continue to show a slow decline.  Senior members and youth members are not doing well, but scholastic memberships continue to increase, although there was a surge before the dues went up, so they may soon level off.

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