2021-09-22 OMA Agenda - Board of Trustees

OBESITY MEDICINE ASSOCIATION

CONSOLIDATED STATEMENT OF FINANCIAL POSITION December 31, 2020

Assets

Current Assets Cash Investments

$

973,101 5,567,979

Accounts receivable Prepaid expenses

29,042 23,856

6,593,978

Total Current Assets

24,124

Equipment, Net

6,618,102 $

Total Assets

Liabilities And Net Assets

Current Liabilities Accounts payable Accrued liabilities Deferred revenue

$

40,917 32,857

1,015,550 1,089,324

Total Current Liabilities

Net Assets With donor restrictions Without donor restrictions

11,590

5,517,188 5,528,778

Total Net Assets

6,618,102 $

Total Liabilities And Net Assets

See the notes to consolidated financial statements.

Page 3