2020-10-29 OMA Agenda - Board of Trustees

Obesity Medicine Association Balance Sheet Prev Year Comparison As of September 30, 2020

Sep 30, 20

Sep 30, 19

$ Change

ASSETS

Current Assets

Checking/Savings MetLife Shares

$

-

$

-

$

-

MidFirst Bank

552,500.85

743,908.65

(191,407.80)

Petty Cash

-

300.50

(300.50)

Total Checking/Savings

552,500.85

744,209.15

(191,708.30)

Accounts Receivable

Accounts Receivable

5,400.00

6,122.00

(722.00) -

Other

-

-

Total Accounts Receivable

5,400.00

6,122.00

(722.00)

Other Current Assets 12120 - Receivable - Amazon

-

-

-

Disputed Charges Receivable

-

(71.92)

71.92

NPHF-MYCME.COM Grant Receivable Prepaid Rent

-

5,370.00 -

(5,370.00)

-

Due From/To OTF

22.50

3,876.64

(3,854.14)

Prepaid Expenses

9,759.45

25,268.46

(15,509.01)

Prepaid Rent

-

10,428.91

(10,428.91)

Prepaid Postage

666.87

-

666.87

Total Other Current Assets

10,448.82

44,872.09

(34,423.27)

Total Current Assets

568,349.67

795,203.24

(226,853.57)

Fixed Assets

Accum Depr - Furn and Equip

(101,121.45)

(88,228.47)

(12,892.98)

Furniture and Equipment

139,711.60

127,343.66

12,367.94

Total Fixed Assets

38,590.15

39,115.19

(525.04)

Other Assets

Investment Accounts

Stifel 4044-2357

655,439.15

319,522.78

335,916.37

Stif 7721-7968 Current Inc Port

668,128.06

683,670.40

(15,542.34)

Stifel 6770-5016 Int Term Bonds

629,177.51

724,158.23

(94,980.72)

Stifel EC46 3917-3260

3,121,410.14

3,393,231.65

(271,821.51)

Stifel EC46 4895-8499

104,773.54

549,705.37

(444,931.83)

Total Investment Accounts

5,178,928.40

5,670,288.43

(491,360.03)

18700 - Security Deposits

500.00

-

500.00

Total Other Assets

5,179,428.40

5,670,288.43

(490,860.03)

TOTAL ASSETS

5,786,368.22

6,504,606.86

(718,238.64)

LIABILITIES & NET ASSETS

Liabilities

Current Liabilities

Accounts Payable

15,274.99

41,596.02

(26,321.03)

American Express

27,518.76

213,695.89

(186,177.13)

Other Current Liabilities

Sales Tax Payable

42.10

87.53

(45.43)

Deferred Revenue - Exh,Spon,Ads Registration

-

5,510.00 -

(5,510.00)

-

Deferred Revenue - Membership

818,719.29

834,481.60

(15,762.31)

Accrued Leave and Payroll

14,414.68

-

14,414.68

Total Other Current Liabilities

833,176.07

840,079.13

(6,903.06)

Total Current Liabilities

875,969.82

1,095,371.04

(219,401.22)

Total Liabilities

875,969.82

1,095,371.04

(219,401.22)

Net Assets

Unrestricted Net Assets

4,910,398.40

5,409,235.82

(498,837.42)

Total Net Assets

4,910,398.40

5,409,235.82

(498,837.42)

TOTAL LIABILITIES & NET ASSETS

$

5,786,368.22

$

6,504,606.86

$

(718,238.64)

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