9.15.22 OMA Finance Committee Meeting

OBESITY MEDICINE ASSOCIATION Notes To Consolidated Financial Statements (Continued)

Functional Allocation Of Expenses The costs of supporting the various programs and other activities have been summarized on a functional basis in the accompanying consolidated financial statements. Certain other costs that benefit multiple functional areas have been allocated across programs and supporting services as determined by management on an equitable basis, based on estimates of time and effort spent on the related functional area. Subsequent Events Management evaluates subsequent events through the date the consolidated financial statements are available for issue, which is the date of the Independent Auditors’ Report.

2.

Cash And Investments Deposits

The Federal Deposit Insurance Corporation (FDIC) insurance is $250,000 per depositor. At various times during the year, the balance at the financial institution exceeded the FDIC limits. Investments Other than investments in partnerships, investments are held by a brokerage firm, with investments insured by the Securities Investor Protection Corporation to a maximum of $500,000 per eligible account. Investments consist of the following at December 31, 2021: DRAFT FOR DISCUSSION PURPOSES ONLY Cost Market $ $

Money market funds Equity securities Corporate bonds U.S. Treasury notes

825,742 2,427,454 805,146 426,040 1,344,982 645,508

825,742 3,069,464 832,799 423,349 1,370,454 805,702

Government agency bonds

Other investments

6,474,872 $

7,327,510 $

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