2021-09-22 OMA Agenda - Board of Trustees

Obesity Medicine Association Profit & Loss Budget Performance July 2021

% of Budget

% of Budget Annual Budget

Jul 21

Budget

$ Over Budget

Jan - Jul 21 YTD Budget $ Over Budget

5940 · New Projects/Innovation

5941 · Marketing

-

-

-

0.0%

-

5,000.00

(5,000.00)

0.0% 5,000.00

5943 · Staff Travel

-

250.00

(250.00)

0.0%

-

1,750.00

(1,750.00)

0.0% 3,000.00

5944 · Faculty Honora & Travel

-

333.00

(333.00)

0.0%

-

2,335.00

(2,335.00)

0.0% 4,000.00

Total 5940 · New Projects/Innovation

-

583.00

(583.00)

0.0%

-

9,085.00

(9,085.00)

0.0% 12,000.00

Total Expense

310,229.96

249,898.50

60,331.46

124.14% 1,789,203.89

2,034,109.50

(244,905.61)

87.96% 3,776,212.00

Net Ordinary Income

14,439.78

(70,590.50)

85,030.28

-20.46% 486,294.14

(141,564.50)

627,858.64

-343.51% (68,759.00)

Other Income/Expense

Other Income

10000 · Investment Income

4701 · Interest Income

12,437.16

-

12,437.16

100.0% 80,644.54

-

80,644.54

100.0%

-

4706 · Unrealized Gains/Losses

46,348.44

-

46,348.44

100.0% 416,245.46

-

416,245.46

100.0%

-

Total 10000 · Investment Income

58,785.60

-

58,785.60

100.0% 496,890.00

-

496,890.00

100.0%

-

Total Other Income

58,785.60

-

58,785.60

100.0% 496,890.00

-

496,890.00

100.0%

-

Other Expense

9006 · IT Infrastructure Project

9007 · IT Infrastructure Expense

-

-

-

0.0% 38,662.94

39,050.00

(387.06)

99.01% 39,050.00

Total 9006 · IT Infrastructure Project

-

-

-

0.0% 38,662.94

39,050.00

(387.06)

99.01% 39,050.00

Total Other Expense

-

-

-

0.0% 38,662.94

39,050.00

(387.06)

99.01% 39,050.00

Net Other Income

58,785.60

-

58,785.60

100.0% 458,227.06

(39,050.00)

497,277.06

-1,173.44% (39,050.00)

Net Income

$

73,225.38

(70,590.50) $

143,815.88 $

-103.73% 944,521.20 $

(180,614.50) $

1,125,135.70 $

-522.95% (107,809.00) $

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