2021-04-21 OMA Agenda - Board of Trustees

Obesity Medicine Association Balance Sheet Prev Year Comparison As of February 28, 2021

Feb 28, 21

Feb 28, 20

$ Change

ASSETS

Current Assets

Checking/Savings MetLife Shares

$

-

$

-

$

-

10001 - MidFirst Bank

508,404.06

384,929.80

123,474.26

10050 - Petty Cash

-

230.50

(230.50)

Total Checking/Savings

508,404.06

385,160.30

123,243.76

Accounts Receivable

10600 - Accounts Receivable 125

10,000.00 -

9,600.00 -

400.00 -

Other

Total Accounts Receivable

10,000.00

9,600.00

400.00

Other Current Assets 12120 - Receivable - Amazon

-

-

12120 - Receivable Amazon

288.68

-

288.68

12205 - Due From/To OTF

52.50

1,802.65

(1,750.15)

13000 - Prepaid Expenses

-

8,131.99

(8,131.99)

13002 - Prepaid Postage

1,351.35

-

1,351.35

Total Other Current Assets

1,692.53

9,934.64

(8,242.11)

Total Current Assets

520,096.59

404,694.94

115,401.65

Fixed Assets

17100 - Accum Depr - Furn and Equip

(88,473.39)

(94,020.86)

5,547.47

15000 - Furniture and Equipment

116,734.78

133,581.68

(16,846.90)

Total Fixed Assets

28,261.39

39,560.82

(11,299.43)

Other Assets

18300 - Investment Accounts

Stifel 4044-2357

696,718.46

632,393.04

64,325.42

Stif 7721-7968 Current Inc Port

727,712.56

701,833.68

25,878.88

Stifel 6770-5016 Int Term Bonds

678,574.31

737,073.13

(58,498.82)

Stifel EC46 3917-3260

3,591,831.49

3,117,210.28

474,621.21

Stifel EC46 4895-8499

329,782.39

553,046.05

(223,263.66)

Total 18300 - Investment Accounts

6,024,619.21

5,741,556.18

283,063.03

18700 - Security Deposits

500.00

-

500.00

Total Other Assets

6,025,119.21

5,741,556.18

283,563.03

TOTAL ASSETS

6,573,477.19

6,185,811.94

387,665.25

LIABILITIES & NET ASSETS

Liabilities

Current Liabilities Accounts Payable

-

20100 - Accounts Payable

11,833.95

51,445.21

(39,611.26)

20105 - American Express

16,729.65

46,271.84

(29,542.19)

Other Current Liabilities

20200 - Sales Tax Payable 5 Def rred Revenu - Exh,Spon,Ads

13.97 -

77.49 -

(63.52) -

20255 - Deferred Revenue - Membership

926,144.80

848,541.13

77,603.67

24100 - Accrued Leave and Payroll

14,706.80

14,414.68

292.12

24200 - Accrued Expenses

-

5,910.97

(5,910.97)

Total Other Current Liabilities

940,865.57

868,944.27

71,921.30

Total Current Liabilities

969,429.17

966,661.32

2,767.85

Total Liabilities

969,429.17

966,661.32

2,767.85

Net Assets

Unrestricted Net Assets

5,604,048.02

5,219,150.62

384,897.40

Total Net Assets

5,604,048.02

5,219,150.62

384,897.40

TOTAL LIABILITIES & NET ASSETS

$

6,573,477.19

$

6,185,811.94

$

387,665.25

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