2021-09-22 OMA Agenda - Board of Trustees

Obesity Medicine Association Balance Sheet Prev Year Comparison As of July 31, 2021

Jul 31, 21

Jul 31, 20

$ Change

ASSETS

Current Assets

Checking/Savings MetLife Shares

$

-

$

-

$

-

10001 - MidFirst Bank

890,320.55

147,145.39

743,175.16

10050 - Petty Cash

-

230.50

(230.50)

Total Checking/Savings

890,320.55

147,375.89

742,944.66

Accounts Receivable

10600 - Accounts Receivable

5,000.00

8,153.00

(3,153.00)

11250 - Accounts Receivable Other

-

1,402.98

(1,402.98)

Total Accounts Receivable

5,000.00

9,555.98

(4,555.98)

Other Current Assets 12120 - Receivable - Amazon

-

-

12120 - Receivable Amazon

595.06

-

595.06

12205 - Due From/To OTF

616.51

2,551.20

(1,934.69)

13000 - Prepaid Expenses Rent 1

26,400.00 -

8,982.55 -

17,417.45 -

13002 - Prepaid Postage

755.63

-

755.63

Total Other Current Assets

28,367.20

11,533.75

16,833.45

Total Current Assets

923,687.75

168,465.62

755,222.13

Fixed Assets

17100 - Accum Depr - Furn and Equip

(98,996.58)

(99,092.71)

96.13

15000 - Furniture and Equipment

118,040.38

133,581.68

(15,541.30)

Total Fixed Assets

19,043.80

34,488.97

(15,445.17)

Other Assets

18300 - Investment Accounts

Stifel 4044-2357

762,585.58

627,195.05

135,390.53

Stif 7721-7968 Current Inc Port

741,858.95

718,891.18

22,967.77

Stifel 6770-5016 Int Term Bonds

689,730.81

681,210.87

8,519.94

Stifel EC46 3917-3260

4,291,094.05

3,170,145.99

1,120,948.06

Stifel EC46 4895-8499

329,796.62

154,771.46

175,025.16

Total 18300 - Investment Accounts

6,815,066.01

5,352,214.55

1,462,851.46

18700 - Security Deposits

500.00

500.00

-

Total Other Assets

6,815,566.01

5,352,714.55

1,462,851.46

TOTAL ASSETS

7,758,297.56

5,555,669.14

2,202,628.42

LIABILITIES & NET ASSETS

Liabilities

Current Liabilities Accounts Payable

-

20100 - Accounts Payable

78,361.15

59,585.70

18,775.45

20105 - American Express

90,846.73

6,657.36

84,189.37

Other Current Liabilities

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

6.56

16.56 -

(10.00) -

-

20255 - Deferred Revenue - Membership

1,006,822.80

780,694.71

226,128.09

24100 - Accrued Leave and Payroll 58 Unearned or Deferred Revenue

14,706.80 -

14,414.68 -

292.12 -

25900 - N/P - SBA-PPP

205,600.00

-

205,600.00

Total Other Current Liabilities

1,227,136.16

795,125.95

432,010.21

Total Current Liabilities

1,396,344.04

861,369.01

534,975.03

Total Liabilities

1,396,344.04

861,369.01

534,975.03

Net Assets

Unrestricted Net Assets

6,361,953.52

4,694,300.13

1,667,653.39

Total Net Assets

6,361,953.52

4,694,300.13

1,667,653.39

TOTAL LIABILITIES & NET ASSETS

$

7,758,297.56

$

5,555,669.14

$

2,202,628.42

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