Increasing Financial Strength
A Note from the Secretary/Treasurer
For 1996 the executive management team continued its focus on enhancing
our reporting system, which gave the organization greater financial control.
To insure the financial strength of the organization we focused and achieved
one of our long term goals by enhancing our equity position. The Secretary/Treasurer,
working closely with the President, enhanced the accounting procedures,
which has further strengthened and streamlined our organization. 
Bell Industries
From 1993 to 1996, NAGASA built a financial reserve
of $160,617. Overall, in 1996 revenue went up
10%;
membership revenue increased 24%;
and convention revenue is up by 20%,
while operating expenses were held to an increase of 10%. In 1996, NAGASA
added $58,850 to its reserve.
