2021-02-22 OMA Agenda - Board of Trustees (002)

Obesity Medicine Association Profit & Loss Budget Performance December 2020

Dec 20

Budget

$ Over Budget Jan - Dec 20 YTD Budget

$ Over Budget Annual Budget

Ordinary Income/Expense

Income

4100 Membership Services

$

92,195.47

112,000.00 $

$

(19,804.53)

1,207,116.81 $

1,344,000.00 $

$

(136,883.19)

1,344,000.00 $

4130 State Chapters

-

8,437.50

(8,437.50)

-

101,250.00

(101,250.00)

101,250.00

4150 Education Products & Serv

78,513.67

77,500.01

1,013.66

770,178.13

930,000.00

(159,821.87)

930,000.00

4300 Spring Conference

(978.00)

67,083.33

(68,061.33)

291,037.50

805,000.00

(513,962.50)

805,000.00

4340 Virtual Conference

-

9,583.34

(9,583.34)

-

115,000.00

(115,000.00)

115,000.00

4350 Fall Conference

-

100,125.00

(100,125.00)

386,538.21

1,201,500.00

(814,961.79)

1,201,500.00

4400 Publications

-

12,291.67

(12,291.67)

44,430.00

147,500.00

(103,070.00)

147,500.00

4700 Administration

138,059.59

-

138,059.59

544,042.61

-

544,042.61

-

4900 Fundamentals Courses

(13,439.70)

14,225.00

(27,664.70)

149,391.55

170,700.00

(21,308.45)

170,700.00

4910 Advanced 2-Day Course

-

4,700.00

(4,700.00)

-

56,400.00

(56,400.00)

56,400.00

4950 Direct Public Support

-

-

-

90,000.00

-

90,000.00

-

Total Income

294,351.03

405,945.85

(111,594.82)

3,482,734.81

4,871,350.00

(1,388,615.19)

4,871,350.00

Expense

5100 -Membership Services

706.86

10,583.34

(9,876.48)

12,333.09

127,000.00

(114,666.91)

127,000.00

5130 State Chapters

-

13,333.33

(13,333.33)

39,775.96

160,000.00

(120,224.04)

160,000.00

5140 Education

2,067.59

11,541.66

(9,474.07)

120,478.08

138,500.00

(18,021.92)

138,500.00

5200 Board of Trustees

-

8,983.34

(8,983.34)

8,969.34

107,800.00

(98,830.66)

107,800.00

5220 External Prof Meetings

-

6,466.66

(6,466.66)

17,913.87

77,600.00

(59,686.13)

77,600.00

5240 Certificates

-

250.00

(250.00)

-

3,000.00

(3,000.00)

3,000.00

5270 Accreditation Cost

-

2,200.43

(2,200.43)

17,195.00

26,405.00

(9,210.00)

26,405.00

5300 Spring Conference

-

51,458.34

(51,458.34)

110,404.42

617,500.00

(507,095.58)

617,500.00

5350 Fall Conference

3,348.00

63,750.00

(60,402.00)

122,636.34

765,000.00

(642,363.66)

765,000.00

5500 Personnel

120,200.10

134,823.91

(14,623.81)

1,421,953.46

1,617,887.00

(195,933.54)

1,617,887.00

5600 Professional Services

37,403.92

55,125.00

(17,721.08)

683,214.32

661,500.00

21,714.32

661,500.00

5700 Office Expenses

12,229.15

30,975.68

(18,746.53)

274,363.25

371,708.00

(97,344.75)

371,708.00

5820 Virtual Conference

-

4,583.34

(4,583.34)

-

55,000.00

(55,000.00)

55,000.00

5900 Fundamentals Expenses

56.98

9,324.99

(9,268.01)

50,153.41

111,900.00

(61,746.59)

111,900.00

5940 2-Day Advanced Course

-

2,545.83

(2,545.83)

-

30,550.00

(30,550.00)

30,550.00

Total Expense

176,012.60

405,945.85

(229,933.25)

2,879,390.54

4,871,350.00

(1,991,959.46)

4,871,350.00

Net Ordinary Income

118,338.43

-

118,338.43

603,344.27

-

603,344.27

-

9006 IT Infrastructure Expense

-

-

-

92,740.00

-

92,740.00

Net Income

$

118,338.43

$

-

$

118,338.43

$

510,604.27

$

-

$

510,604.27

$

-

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