1.9.2023 Board Book

Office Expenses

$81,300 for 6 offices at The Village Wrokspace (co-working space) & rental unit (Cube Smart) for off-site storage is $2400 $47k annual license fee for LMS, $75k annual license for Cadmium, RingCentral ($477/mo) for phone system; used same assumptions from FY2022 budget Will need to budget $1500 for 2 new iPads for spring.$2000 new computer for Janette - misc. keyboards, mouse, etc Pittney Bowes postage machine; calculated based on current run rate through October 2022 actuals Buisness cards and misc admin; assumed FY2022 figure for FY2023 Fedex, UPS, Overnight delivery; calculated for FY2023 based on current run rate through October 2022 actuals D&O, Cyberspace, etc.; calculated based on current run rate through October 2022 actuals - N/A--we will remain at The Village Workspace Calculated for FY2023 based on current run rate through October 2022 actuals Constant Contact, Sprout Social, Snapengage, iStock, Marketing adobe licenses, Zoom, Adobe Captivate (LMS), Podcast hosting); rounded up for an even $20K based on estimates thus far. personal property tax, state sales tax; calculated based on current run rate through October 2022 actuals. Calculated based on current run rate through October 2022 actuals Estimate for FY2023 -

Rent

$ $ $ $ $ $ $ $

175,000 45,000

$ $ $ $ $ $ $ $

102,695 25,647

$ $ $ $ $ $ $ $

72,000 60,000 3,000 5,800

$ $ $ $

76,707 54,412 1,362 5,479

$83,700 122,000

$ $ $ $ $ $ $ $

72,018 124,993

$ $ $ $ $ $ $ $

99,600 122,000

Database Supplies

$ $ $ $ $ $ $

8,000 5,000

6,122 5,125

1,500 6,000

182

500

Telephone & Internet

4,635

6,000

Office Equipment Office Relocation Cost

4,500 20,000

11,947 9,940

- -

$

4,109

3,000

8,385

3,500

-

-

Equipment Rental

-

170 623

678 250

$ $

863 130

1,300

669 293

802 300

Printing

500

300

Postage/Shipping

$

2,200

$

796

$

100

$

207

$

150

$

600

$

720

Insurance

$ $

8,450 1,000

$ $

16,367

$ $

18,000

$ $

10,497

$ $

12,600

$ $

9,035

$ $

11,000

Maint and Repairs

554

-

-

-

-

Bank Charges

$

80,000

$

71,005

$

80,000

$

81,683

$

90,000

$

73,313

$

90,000

Software Licenses

$ $

10,058 2,000

$ $

15,952

$ $

11,654

$ $

21,415

$ $

18,759

$ $

20,547

$ $

20,000 1,000

Misc.

682

500

566

500

956

Other Tax

$

-

$

1,092

$

-

$

2,763

$

-

$

2,175

$

2,600

Calculated from decpreciation document obtained from Julie of $1180/month for FY2023.

Depreciation

$ $

10,000 371,708

$ $

17,536 286,255

$ $

10,000 261,982

$ $

14,165 274,358

$ $

14,160 353,969

$ $

11,804 329,605

$ $

14,160 372,182

Total

Editor in Chief ($70K), & Associate Editor ($30K), & Medical Writer Fees ($65/hour w/1,000 hours as estimate=$60K based on run rate through FY2022)

Journal - JOMA/Obesity Pillars

Salaries Marketing

$

10,000

$

30,833

$165,000

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

136,892

$ $ $

160,000

Marketing for journal Trademark fees for journal

$ $

5,000 2,500

670

500

Misc.

$

14,330

- -

2,500

Total

$

10,000

$

45,163

$

172,500

137,562

$

163,000

Fundamentals Courses

social

Marketing Facilities Staff Travel

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

13,500 40,000 13,500 17,000 7,900 4,000 1,000

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

3,321 19,010 1,512 10,500 3,222 1,219

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

10,000

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

5,708

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

13,200

2,427

$ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $

1,950

- - - - - -

- - - - - -

- - - - - -

- - - - - -

- - - - - -

Faculty honoraria & Travel

14,000

10,400

13,500

2,750

16,500

1 moderator and 4 case study moderators (+$500 each session recording honorarium)

Printing Postage Supplies

8

Faculty Travel

-

1,170

Re-record fundamentals lectures ($3000AV + $3000honor) - (8 sessions) - also reallocated cost of Zoom fees for month performing fundamentals course -

AV

15,000 111,900

12,691 52,653

3,670 27,670

3,654 19,762

3,050 29,750

3,329 8,506

7,000 25,450

Total

Development/Innovation

Marketing Facilities Staff Travel

2,500 12,000 3,000 5,000 1,800 1,000 5,000 30,550 250

- - - - - - - - -

5,000

- - - - - - -

2,000

6,173

2,400

-

- - - - - -

- - - - - - -

- - - - - - -

3,000 4,000

Faculty honoraria & travel

1,100

3,500

Printing Postage Supplies

- - - -

AV

Total

12,000

1,100

5,500

6,173

2,400

Faculty/Honorarium

$

-

$

-

$

-

$

-

$

-

$

-

$

-

Total Expenses

$ $

4,788,350

$ $

2,866,755

$ $

3,756,212 (48,759)

$ $

3,477,028 277,188

$ $

4,324,650 (403,120)

$ $

3,316,671 373,486

$ $

4,570,904 (524,829)

34,500

88,373

Investment Income

$ $

-

Stifel interest and unrealized gains, etc. Investment Acct. Services Fees Expense

$ $

527,606 27,376

$ $ $

-

$ $ $

668,228 33,001 205,600

$ $

-

$ $

(915,443)

$ $

- Per Julie; leave this blank to account for fluctuation in the markets. Estimated this number based on 11/2021 actuals x 12 months. -

25,000

30,000

36,000

32,483

-

IT Infrastructure Projects; will use investment funds from our portfolio to initiate these IT Infrastructure Projects for FY2023

For FY2023 Website rebuild project For FY2023 LMS (Ethos) For FY2023 AMS (Fonteva/Plutus)

$ $ $ $ $

150,000 24,000 164,000 60,000 398,000

Rebuild of OMA website project

Includes contract labor and new AMS conversion costs for AMS conversion project

Marketing Automation System (i.e. Hubspot or similar)

For FY2023

$

-

$

-

$

-

$

-

$

-

$

-

$

9,500

$

588,603

$

(78,759)

$

1,118,015

$

(439,120)

$

(574,440)

$

(922,829)