2021-04-21 OMA Agenda - Board of Trustees
Obesity Medicine Association Profit & Loss Budget Performance February 2021
Foot note Jan - Feb 21 YTD Budget $ Over Budget
Foot note Annual Budget
Feb 21
Budget
$ Over Budget
5601 · Accounting/Audit
2,399.20
6,667.00
(4,267.80)
35
5,742.95
13,330.00
(7,587.05)
88
80,000.00
5609 · Advocacy
5,000.00
5,000.00
-
10,000.00
10,000.00
-
60,000.00
5610 · IT Support
1,199.20
2,083.00
(883.80)
2,398.40
4,170.00
(1,771.60)
89
25,000.00
5602 · Legal
4,366.25
10,000.00
(5,633.75)
36
4,366.25
20,000.00
(15,633.75)
90
120,000.00
5603 · Investment Acct. Services
157.54
2,500.00
(2,342.46)
37
7,455.34
5,000.00
2,455.34
91
30,000.00
5604 · Public Relations & Agency
5,000.00
5,000.00
-
10,000.00
10,000.00
-
60,000.00
5605 · Education Consultant
10,000.00
11,250.00
(1,250.00)
38 20,000.00
22,500.00
(2,500.00)
92
135,000.00
5607 · Contract Labor
-
167.00
(167.00)
-
330.00
(330.00)
2,000.00
5611 · Web Development & Maint
86.99
1,667.00
(1,580.01)
39
2,136.99
3,330.00
(1,193.01)
93
20,000.00
5612 · Web Hosting
79.50
229.00
(149.50)
79.50
460.00
(380.50)
2,750.00
5613 · Marketing Vendors
5,000.00
5,500.00
(500.00)
10,000.00
11,000.00
(1,000.00)
94
66,000.00
Total 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
5701 · Rent
5,999.00
6,000.00
(1.00)
11,967.80
12,000.00
(32.20)
72,000.00
5109 · Database
-
5,000.00
(5,000.00)
40
1,700.00
10,000.00
(8,300.00)
95
60,000.00
5702 · Supplies
440.41
250.00
190.41
837.17
500.00
337.17
3,000.00
5703 · Telephone & Internet
459.09
483.00
(23.91)
918.18
970.00
(51.82)
5,800.00
5704 · Office Equipment
-
-
-
173.07
-
173.07
-
5705 · Equipment Rental
-
56.50
(56.50)
-
113.00
(113.00)
678.00
5706 · Printing
323.41
21.00
302.41
458.37
40.00
418.37
250.00
5707 · Postage/Shipping
100.67
8.00
92.67
221.44
20.00
201.44
100.00
5708 · Insurance
2,781.00
1,500.00
1,281.00
41
7,840.50
3,000.00
4,840.50
96
18,000.00
5710 · Bank Charges
5,319.90
6,667.00
(1,347.10)
42 11,447.27
13,330.00
(1,882.73)
97
80,000.00
5715 · Software License
1,765.48
971.00
794.48
6,942.69
1,944.00
4,998.69
98
11,654.00
5711 · Misc.
66.00
42.00
24.00
66.00
80.00
(14.00)
500.00
5713 · Depreciation
638.82
833.00
(194.18)
1,277.64
1,670.00
(392.36)
10,000.00
Total 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)
99
10,000.00
5900 · Fundamentals Expenses
5901 · FUN - Marketing
286.94
-
286.94
286.94
3,000.00
(2,713.06) 100
10,000.00
5904 · FUN - Faculty Honorarium
4,500.00
-
4,500.00
43
4,500.00
-
4,500.00
101
14,000.00
5912 · FUN - AV
-
290.00
(290.00)
1,104.45
290.00
814.45
3,670.00
Total 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
5941 · Marketing
-
-
-
-
5,000.00
(5,000.00) 102
5,000.00
5943 · Staff Travel
-
250.00
(250.00)
-
500.00
(500.00)
3,000.00
5944 · Faculty Honora & Travel
-
333.00
(333.00)
-
670.00
(670.00)
4,000.00
Total 5940 · Development/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
10000 · Investment Income
4701 · Interest Income
6,194.38
-
6,194.38
44 15,319.90
-
15,319.90
103
-
4706 · Unrealized Gains/Losses
35,147.55
-
35,147.55
45 23,873.91
-
23,873.91
104
-
Total 10000 · Investment Income
41,341.93
- -
41,341.93
39,193.81
- -
39,193.81
- -
,
.
,
.
,
.
,
.
9006 · IT Infrastructure Project
9007 · IT Infrastructure Expense
-
-
-
48,928.44
39,050.00
9,878.44
105
39,050.00
Total 9006 · IT Infrastructure Project
-
-
-
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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