2021-02-22 OMA Agenda - Board of Trustees (002)
Obesity Medicine Association Profit & Loss Budget Performance December 2020
Foot note Jan - Dec 20 YTD Budget $ Over Budget
Foot note Annual Budget
Dec 20
Budget
$ Over Budget
Total 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
5701 Rent
(2,997.53)
14,583.33
(17,580.86)
77 102,695.42
175,000.00
(72,304.58) 218
175,000.00
5109 Database
-
3,750.00
(3,750.00)
78
25,647.47
45,000.00
(19,352.53) 219
45,000.00
5702 Supplies
292.80
666.67
(373.87)
6,122.42
8,000.00
(1,877.58) 220
8,000.00
5703 Telephone & Internet
476.22
416.67
59.55
5,125.47
5,000.00
125.47
5,000.00
5704 Office Equipment
69.98
375.00
(305.02)
5,817.56
4,500.00
1,317.56
221
4,500.00
5716 Office Relocation Cost
4,709.76
1,666.67
3,043.09
79
9,939.96
20,000.00
(10,060.04) 222
20,000.00
5705 - Equipment Rental
-
-
-
169.70
-
169.70
-
5706 Printing
-
41.67
(41.67)
622.78
500.00
122.78
500.00
5707 Postage/Shipping
661.07
183.33
477.74
795.76
2,200.00
(1,404.24) 223
2,200.00
5708 Insurance
-
704.17
(704.17)
15,975.57
8,450.00
7,525.57
224
8,450.00
5709 Maint and Repairs
-
83.33
(83.33)
554.00
1,000.00
(446.00)
1,000.00
5710 Bank Charges
6,121.01
6,666.67
(545.66)
71,004.81
80,000.00
(8,995.19) 225
80,000.00
5715 Software License Fees
789.09
838.17
(49.08)
15,952.01
10,058.00
5,894.01
226
10,058.00
5711 Misc.
-
166.67
(166.67)
675.50
2,000.00
(1,324.50) 227
2,000.00
5715 Other Tax
1,092.33
-
1,092.33
80
1,092.33
-
1,092.33
228
-
5713 Depreciation
1,014.42
833.33
181.09
12,172.49
10,000.00
2,172.49
229
10,000.00
Total 5700 Office Expenses 5820 Virtual Conference
12,229.15
30,975.68
(18,746.53)
274,363.25
371,708.00
(97,344.75)
371,708.00
5821 Platform Hosting
-
2,916.67
(2,916.67)
81
-
35,000.00
(35,000.00) 230
35,000.00
5822 Content Development
-
416.67
(416.67)
-
5,000.00
(5,000.00) 231
5,000.00
5823 Honorarium
-
833.33
(833.33)
-
10,000.00
(10,000.00) 232
10,000.00
5824 Marketing
-
416.67
(416.67)
-
5,000.00
(5,000.00) 233
5,000.00
Total 5820 Virtual Conference
-
4,583.34
(4,583.34)
-
55,000.00
(55,000.00)
55,000.00
5900 Fundamentals Expenses
5901 FUN - Marketing
56.98
1,125.00
(1,068.02)
3,321.09
13,500.00
(10,178.91) 234
13,500.00
5902 FUN - Facilities
-
3,333.33
(3,333.33)
82
19,009.92
40,000.00
(20,990.08) 235
40,000.00
5903 FUN - Staff Travel
-
1,125.00
(1,125.00)
83
1,512.40
13,500.00
(11,987.60) 236
13,500.00
5904 FUN - Faculty Honorarium
-
1,416.67
(1,416.67)
84
8,000.00
17,000.00
(9,000.00) 237
17,000.00
5905 FUN - Printing
-
658.33
(658.33)
3,222.27
7,900.00
(4,677.73) 238
7,900.00
5906 FUN - Postage
-
333.33
(333.33)
1,219.07
4,000.00
(2,780.93) 239
4,000.00
5907 FUN - Supplies
-
83.33
(83.33)
8.20
1,000.00
(991.80)
1,000.00
5909 FUN - Faculty Travel
-
-
-
1,169.56
-
1,169.56
240
-
5912 FUN - AV & Digital Recordings
-
1,250.00
(1,250.00)
85
12,690.90
15,000.00
(2,309.10) 241
15,000.00
Total 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
5941 Marketing
-
208.33
(208.33)
-
2,500.00
(2,500.00) 242
2,500.00
5942 Facilities
-
1,000.00
(1,000.00)
-
12,000.00
(12,000.00) 243
12,000.00
5943 Staff Travel
-
250.00
(250.00)
-
3,000.00
(3,000.00) 244
3,000.00
5944 Faculty Honora & Travel
-
416.67
(416.67)
-
5,000.00
(5,000.00) 245
5,000.00
5945 Printing
-
150.00
(150.00)
-
1,800.00
(1,800.00) 246
1,800.00
5946 Postage
-
83.33
(83.33)
-
1,000.00
(1,000.00) 247
1,000.00
5947 Supplies
-
20.83
(20.83)
-
250.00
(250.00)
250.00
5948 AV
-
416.67
(416.67)
-
5,000.00
(5,000.00) 248
5,000.00
Total 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
249
-
Net Income
118,338.43 $
$
-
$
118,338.43
$
510,604.27
$
-
$
510,604.27
$
-
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