2021-04-21 OMA Agenda - Board of Trustees

Obesity Medicine Association Profit & Loss Budget Performance February 2021

Feb 21

Budget

$ Over Budget Jan - Feb 21 YTD Budget $ Over Budget Annual Budget

Ordinary Income/Expense

Income

4100 · Membership Services Income 91,413.26 $

111,250.00 $

$

(19,836.74)

275,485.33 $

222,500.00 $

52,985.33 $

1,335,000.00 $

4140 · Journal - JOMA

-

833.00

(833.00)

-

1,670.00

(1,670.00)

10,000.00

4150 · Education Products & Serv

65,551.09

59,175.00

6,376.09

149,487.50

118,905.00

30,582.50

771,053.00

4300 · Spring Conference

53,703.80

-

53,703.80

109,402.10

-

109,402.10

476,750.00

4350 · Fall Conference

1,500.00

-

1,500.00

4,000.00

-

4,000.00

776,850.00

4400 · Publications

3,200.00

5,275.00

(2,075.00)

34,215.00

10,550.00

23,665.00

63,300.00

4700 · Administration

1,826.90

-

1,826.90

4,027.85

-

4,027.85

-

4900 · Fundamentals Courses

45,170.00

56,500.00

(11,330.00)

57,235.00

56,500.00

735.00

109,500.00

4910 · New Projects/Innovations

2,079.00

6,250.00

(4,171.00)

2,079.00

12,500.00

(10,421.00)

75,000.00

4950 · Direct Public Support

-

-

-

-

-

-

90,000.00

Total Income

264,444.05

239,283.00

25,161.05

635,931.78

422,625.00

213,306.78

3,707,453.00

Expense

5100 · Membership Services Expense

589.28

5,030.00

(4,440.72)

2,701.57

33,410.00

(30,708.43)

63,035.00

5140 · Education

3,427.67

19,325.00

(15,897.33)

10,582.65

26,550.00

(15,967.35)

99,750.00

5150 · Board Strategic Plan Event

-

3,091.00

(3,091.00)

-

6,190.00

(6,190.00)

37,100.00

5200 · Board of Trustees General

-

4,917.00

(4,917.00)

-

9,830.00

(9,830.00)

59,000.00

5220 · External Prof Meetings

-

-

-

-

6,000.00

(6,000.00)

43,550.00

5270 · Accreditation Cost

2,580.00

3,175.00

(595.00)

10,675.00

11,875.00

(1,200.00)

18,045.00

5300 · Spring Conference.

8,923.79

9,500.00

(576.21)

45,398.47

27,000.00

18,398.47

330,430.00

5350 · Fall Conference.

-

-

-

-

-

-

587,500.00

5500 · Personnel

124,565.77

135,450.00

(10,884.23)

253,865.26

270,900.00

(17,034.74)

1,625,400.00

5600 · Professional Services

33,288.68

50,063.00

(16,774.32)

72,179.43

100,120.00

(27,940.57)

600,750.00

5700 · Office Expenses

17,893.78

21,831.50

(3,937.72)

43,850.13

43,667.00

183.13

261,982.00

5750 · Journal - JOMA

-

833.00

(833.00)

-

1,670.00

(1,670.00)

10,000.00

5900 · Fundamentals Expenses

4,786.94

290.00

4,496.94

5,891.39

3,290.00

2,601.39

27,670.00

5940 · New Projects/Innovation

-

583.00

(583.00)

-

6,170.00

(6,170.00)

12,000.00

Total Expense

196,055.91

254,088.50

(58,032.59)

445,143.90

546,672.00

(101,528.10)

3,776,212.00

Net Ordinary Income

68,388.14

(14,805.50)

83,193.64

190,787.88

(124,047.00)

314,834.88

(68,759.00)

Other Income/Expense

Other Income

10000 · Investment Income

41,341.93

-

41,341.93

39,193.81

-

39,193.81

-

Total Other Income

41,341.93

-

41,341.93

39,193.81

-

39,193.81

-

Other Expense

9006 · IT Infrastructure Project

-

-

-

48,928.44

39,050.00

9,878.44

39,050.00

Total Other Expense

-

-

-

48,928.44

39,050.00

9,878.44

39,050.00

Net Other Income

41,341.93

-

41,341.93

(9,734.63)

(39,050.00)

29,315.37

(39,050.00)

Net Income

109,730.07 $

(14,805.50) $

$

124,535.57

181,053.25 $

(163,097.00) $

344,150.25 $

$

(107,809.00)

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