2020-10-29 OMA Agenda - Board of Trustees

Obesity Medicine Association Profit & Loss Budget Performance September 2020

Sep 20

Budget

$ Over Budget Jan - Sep 20 YTD Budget

$ Over Budget Annual Budget

Ordinary Income/Expense

Income

4100 Membership Services

$

87,558.95

112,000.00 $

$

(24,441.05)

$

938,078.70

1,008,000.00 $

$

(69,921.30)

1,344,000.00 $

4130 State Chapters

-

8,437.50

(8,437.50)

-

75,937.50

(75,937.50)

101,250.00

4150 Education Products & Serv

85,788.13

77,500.01

8,288.12

462,687.68

697,499.97

(234,812.29)

930,000.00

4300 Spring Conference

(350.00)

67,083.33

(67,433.33)

292,015.50

603,750.01

(311,734.51)

805,000.00

4340 Virtual Conference

-

9,583.34

(9,583.34)

-

86,249.98

(86,249.98)

115,000.00

4350 Fall Conference

209,534.95

100,125.00

109,409.95

233,723.95

901,125.00

(667,401.05)

1,201,500.00

4400 Publications

1,500.00

12,291.67

(10,791.67)

41,450.00

110,624.99

(69,174.99)

147,500.00

4700 Administration

(54,583.10)

-

(54,583.10)

140,312.74

-

140,312.74

-

4900 Fundamentals Courses

14,800.00

14,225.00

575.00

145,584.25

128,025.00

17,559.25

170,700.00

4910 Advanced 2-Day Course

-

4,700.00

(4,700.00)

-

42,300.00

(42,300.00)

56,400.00

4950 Direct Public Support

-

-

-

90,000.00

-

90,000.00

-

Total Income

344,248.93

405,945.85

(61,696.92)

2,343,852.82

3,653,512.45

(1,309,659.63)

4,871,350.00

Expense

5100 -Membership Services

1,986.33

10,583.34

(8,597.01)

7,149.39

95,249.98

(88,100.59)

127,000.00

5130 State Chapters

-

13,333.33

(13,333.33)

39,775.96

120,000.01

(80,224.05)

160,000.00

5140 Education

9,994.13

11,541.66

(1,547.53)

90,364.60

103,875.02

(13,510.42)

138,500.00

5200 Board of Trustees

-

8,983.34

(8,983.34)

6,189.48

80,849.98

(74,660.50)

107,800.00

5220 External Prof Meetings

-

6,466.66

(6,466.66)

17,913.87

58,200.02

(40,286.15)

77,600.00

5240 Certificates

-

250.00

(250.00)

-

2,250.00

(2,250.00)

3,000.00

5270 Accreditation Cost

2,775.00

2,200.43

574.57

15,410.00

19,803.71

(4,393.71)

26,405.00

5300 Spring Conference

-

51,458.34

(51,458.34)

110,404.42

463,124.98

(352,720.56)

617,500.00

5350 Fall Conference

10,568.28

63,750.00

(53,181.72)

79,459.74

573,750.00

(494,290.26)

765,000.00

5500 Personnel

117,543.48

134,823.91

(17,280.43)

1,071,803.49

1,213,415.27

(141,611.78)

1,617,887.00

5600 Professional Services

40,548.84

55,125.00

(14,576.16)

548,078.17

496,125.00

51,953.17

661,500.00

5700 Office Expenses

13,665.12

30,975.68

(17,310.56)

228,859.03

278,780.96

(49,921.93)

371,708.00

5820 Virtual Conference

-

4,583.34

(4,583.34)

-

41,249.98

(41,249.98)

55,000.00

5900 Fundamentals Expenses

4,941.84

9,324.99

(4,383.15)

53,074.65

83,925.03

(30,850.38)

111,900.00

5940 2-Day Advanced Course

-

2,545.83

(2,545.83)

-

22,912.51

(22,912.51)

30,550.00

Total Expense

202,023.02

405,945.85

(203,922.83)

2,268,482.80

3,653,512.45

(1,385,029.65)

4,871,350.00

Net Ordinary Income

142,225.91

-

142,225.91

75,370.02

-

75,370.02

-

9006 IT Infrastructure Expense

-

-

-

86,540.00

-

86,540.00

Net Income

$

142,225.91

$

-

$

142,225.91

$

(11,169.98)

$

-

$

(11,169.98)

$

-

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