2020-10-29 OMA Agenda - Board of Trustees

Obesity Medicine Association Profit & Loss Budget Performance September 2020

Foot note Jan - Sep 20 YTD Budget $ Over Budget

Foot note Annual Budget

Sep 20

Budget

$ Over Budget

5613 Marketing Vendors

5,000.00

7,916.67

(2,916.67)

74

64,440.00

71,249.99

(6,809.99) 214

95,000.00

Total 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

5701 Rent

5,968.80

14,583.33

(8,614.53)

75

93,755.35

131,250.01

(37,494.66) 215

175,000.00

5109 Database

-

3,750.00

(3,750.00)

76

25,647.47

33,750.00

(8,102.53) 216

45,000.00

5702 Supplies

1,911.68

666.67

1,245.01

77

5,617.14

5,999.99

(382.85)

8,000.00

5703 Telephone & Internet

728.92

416.67

312.25

3,790.48

3,749.99

40.49

5,000.00

5704 Office Equipment

-

375.00

(375.00)

5,852.66

3,375.00

2,477.66

217

4,500.00

5716 Office Relocation Cost

(759.30)

1,666.67

(2,425.97)

78

5,230.20

14,999.99

(9,769.79) 218

20,000.00

5706 Printing

-

41.67

(41.67)

373.67

374.99

(1.32)

500.00

5707 Postage/Shipping

-

183.33

(183.33)

56.95

1,650.01

(1,593.06) 219

2,200.00

5708 Insurance

724.53

704.17

20.36

15,348.06

6,337.49

9,010.57

220

8,450.00

5709 Maint and Repairs

-

83.33

(83.33)

554.00

750.01

(196.01)

1,000.00

5710 Bank Charges

3,551.75

6,666.67

(3,114.92)

79

47,829.28

59,999.99

(12,170.71) 221

80,000.00

5715 Software License Fees

357.70

838.17

(480.47)

15,208.94

7,543.49

7,665.45

222

10,058.00

5711 Misc.

166.67

166.67

-

465.50

1,499.99

(1,034.49) 223

2,000.00

5713 Depreciation

1,014.37

833.33

181.04

9,129.33

7,500.01

1,629.32

224

10,000.00

Total 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

5821 Platform Hosting

-

2,916.67

(2,916.67)

80

-

26,249.99

(26,249.99) 225

35,000.00

5822 Content Development

-

416.67

(416.67)

-

3,749.99

(3,749.99) 226

5,000.00

5823 Honorarium

-

833.33

(833.33)

-

7,500.01

(7,500.01) 227

10,000.00

5824 Marketing

-

416.67

(416.67)

-

3,749.99

(3,749.99) 228

5,000.00

Total 5820 Virtual Conference

-

4,583.34

(4,583.34)

-

41,249.98

(41,249.98)

55,000.00

5900 Fundamentals Expenses

5901 FUN - Marketing

155.66

1,125.00

(969.34)

3,026.76

10,125.00

(7,098.24) 229

13,500.00

5902 FUN - Facilities

50.00

3,333.33

(3,283.33)

81

19,009.92

30,000.01

(10,990.09) 230

40,000.00

5903 FUN - Staff Travel

-

1,125.00

(1,125.00)

82

1,512.40

10,125.00

(8,612.60) 231

13,500.00

5904 FUN - Faculty Honorarium 4,500.00

1,416.67

3,083.33

83

9,000.00

12,749.99

(3,749.99) 232

17,000.00

5905 FUN - Printing

-

658.33

(658.33)

3,222.27

5,925.01

(2,702.74) 233

7,900.00

5906 FUN - Postage

209.79

333.33

(123.54)

871.80

3,000.01

(2,128.21) 234

4,000.00

5907 FUN - Supplies

-

83.33

(83.33)

8.20

750.01

(741.81)

1,000.00

5909 FUN - Faculty Travel

-

-

-

1,169.56

-

1,169.56

235

-

5912 FUN - AV & Digital Recordings

26.39

1,250.00

(1,223.61)

84

15,253.74

11,250.00

4,003.74

236

15,000.00

Total 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

5941 Marketing

-

208.33

(208.33)

-

1,875.01

(1,875.01) 237

2,500.00

5942 Facilities

-

1,000.00

(1,000.00)

85

-

9,000.00

(9,000.00) 238

12,000.00

5943 Staff Travel

-

250.00

(250.00)

-

2,250.00

(2,250.00) 239

3,000.00

5944 Faculty Honora & Travel

-

416.67

(416.67)

-

3,749.99

(3,749.99) 240

5,000.00

5945 Printing

-

150.00

(150.00)

-

1,350.00

(1,350.00) 241

1,800.00

5946 Postage

-

83.33

(83.33)

-

750.01

(750.01)

1,000.00

5947 Supplies

-

20.83

(20.83)

-

187.51

(187.51)

250.00

5948 AV

-

416.67

(416.67)

-

3,749.99

(3,749.99) 242

5,000.00

Total 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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