2021-09-22 OMA Agenda - Board of Trustees

Obesity Medicine Association Profit & Loss Budget Performance July 2021

Jul 21

Budget

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

Ordinary Income/Expense

Income

4100 · Membership Services Income 101,201.24 $

111,250.00 $

$

(10,048.76)

766,814.38 $

778,750.00 $

$

(11,935.62)

1,335,000.00 $

4140 · Journal - JOMA

-

833.00

(833.00)

-

5,835.00

(5,835.00)

10,000.00

4150 · Education Products & Serv

66,304.88

55,700.00

10,604.88

598,984.15

422,535.00

176,449.15

771,053.00

4300 · Spring Conference

-

-

-

423,178.35

476,750.00

(53,571.65)

476,750.00

4350 · Fall Conference

150,264.40

-

150,264.40

267,795.65

-

267,795.65

776,850.00

4400 · Publications

5,450.00

5,275.00

175.00

47,615.00

36,925.00

10,690.00

63,300.00

4700 · Administration

619.22

-

619.22

9,165.00

-

9,165.00

-

4900 · Fundamentals Courses

830.00

-

830.00

87,250.00

83,000.00

4,250.00

109,500.00

4910 · New Projects/Innovations

-

6,250.00

(6,250.00)

24,695.50

43,750.00

(19,054.50)

75,000.00

4950 · Direct Public Support

-

-

-

50,000.00

45,000.00

5,000.00

90,000.00

Total Income

324,669.74

179,308.00

145,361.74

2,275,498.03

1,892,545.00

382,953.03

3,707,453.00

Expense

5100 · Membership Services Expense

613.07

2,805.00

(2,191.93)

15,427.75

47,610.00

(32,182.25)

63,035.00

5140 · Education

3,882.38

3,325.00

557.38

73,908.21

58,675.00

15,233.21

99,750.00

5150 · Board Strategic Plan Event

-

3,091.00

(3,091.00)

-

21,645.00

(21,645.00)

37,100.00

5200 · Board of Trustees General

750.00

4,917.00

(4,167.00)

750.00

34,415.00

(33,665.00)

59,000.00

5220 · External Prof Meetings

476.94

2,000.00

(1,523.06)

9,555.19

18,650.00

(9,094.81)

43,550.00

5270 · Accreditation Cost

870.00

-

870.00

17,595.00

13,475.00

4,120.00

18,045.00

5300 · Spring Conference.

-

-

-

189,441.31

330,430.00

(140,988.69)

330,430.00

5350 · Fall Conference.

79,004.38

17,500.00

61,504.38

80,490.46

20,000.00

60,490.46

587,500.00

5500 · Personnel

126,584.02

135,450.00

(8,865.98)

899,599.76

948,150.00

(48,550.24)

1,625,400.00

5600 · Professional Services

66,441.79

50,063.00

16,378.79

329,760.13

350,435.00

(20,674.87)

600,750.00

5700 · Office Expenses

31,265.35

21,831.50

9,433.85

159,743.72

152,824.50

6,919.22

261,982.00

5750 · Journal - JOMA

-

833.00

(833.00)

-

5,835.00

(5,835.00)

10,000.00

5900 · Fundamentals Expenses

342.03

7,500.00

(7,157.97)

12,932.36

22,880.00

(9,947.64)

27,670.00

5940 · New Projects/Innovation

-

583.00

(583.00)

-

9,085.00

(9,085.00)

12,000.00

Total Expense

310,229.96

249,898.50

60,331.46

1,789,203.89

2,034,109.50

(244,905.61)

3,776,212.00

Net Ordinary Income

14,439.78

(70,590.50)

85,030.28

486,294.14

(141,564.50)

627,858.64

(68,759.00)

Other Income/Expense

Other Income

10000 · Investment Income

58,785.60

-

58,785.60

496,890.00

-

496,890.00

-

Total Other Income

58,785.60

-

58,785.60

496,890.00

-

496,890.00

-

Other Expense

9006 · IT Infrastructure Project

-

-

-

38,662.94

39,050.00

(387.06)

39,050.00

Total Other Expense

-

-

-

38,662.94

39,050.00

(387.06)

39,050.00

Net Other Income

58,785.60

-

58,785.60

458,227.06

(39,050.00)

497,277.06

(39,050.00)

Net Income

73,225.38 $

(70,590.50) $

$

143,815.88

944,521.20 $

(180,614.50) $

1,125,135.70 $

$

(107,809.00)

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