I guess I don’t know whether you’re upset or not. if you are, I guess you can tell us why. If you’re not, then cool.

It may vary from state to state, but I’m guessing (yes, guessing) that the operations of larger entities would allow the three-year (or whatever) carryover to be much larger than that of our small club. So, I don’t think I’m conflating anything. You posted some figures, which is cool. But you added a math problem at the bottom that doesn’t or shouldn’t exist in bookkeeping, at least not in that form. If you wanted to show that the club was carrying over “excess profits” for more years than it should, or distributing funds at two rapid of pace, and thus jeopardizing the financial stability of the club, that would require digging deeper into the books, as one does not simply use end of year balances for that calculation. I’m sure that once you explain what you infer from the negative number at the bottom, we can have a better discussion of that, and how it affects (or not) the club. And to the extent that any questions come up about how the board is spending money or how it receives its income, we can pester the treasurer if we feel it warrants, taking up his valuable time. Bud has handled the club finances quite adeptly in my view, and he has been very responsive to my silly questions.