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FINANCIAL SUMMARY STATEMENT OF REVENUES & EXPENSES
INDEPENDENT AUDITOR’S FINANCIAL SUMMARY
REVENUES
EXPENSES
(YEAR ENDED JUNE 30, 2014 IASA’S FINANCIAL PORTRAIT)
REVENUES
Membership Dues
$ 1,149,885.00
Sponsored Programs
444,518.00
Association Programs
712,222.00
Miscellaneous
74,513.00
Marketing
20,700.00
Interest on Investments
323,749.00
IASA Annual Conference
231,376.00
AASA Programs
14,805.00
Realized Gains on Investments
20,803.00
Unrealized Gains (Loss) on Investments
197,751.00
Total Revenues
$ 3,190,322.00
EXPENSES
Staff
$ 977,773.00
Office
1,072,112.00
Publications
54,138.00
Conferences
292,431.00
Committees
269,169.00
Operations
256,937.00
Total Expenses
$ 2,922,560.00
INCREASE (DECREASE) IN UNRESTRICTED NET ASSETS
Before Other Changes in Net
Assets
$ 267,762.00
Other Changes in Net Assets
Fixed asset additions
7,179.00
Depreciation expense
(85,996.00)
Payments on loan
134,676.00
Return of dues and legal
support reimbursement
(59,739.00)
Prior year benefits
(2,789.00)
Increase (Decrease) in
Unrestricted Net Assets
261,095.00
Unrestricted Net Assets -
Beginning of Year
8,676,574.00
Unrestricted Net Assets -
End of Year
$ 8,937,669.00