Annual Report FY 2015

INDEPENDENT AUDITOR’S FINANCIAL SUMMARY

FINANCIAL SUMMARY STATEMENT OF REVENUES & EXPENSES

(YEAR ENDED JUNE 30, 2014 IASA’S FINANCIAL PORTRAIT)

REVENUES Membership Dues

REVENUES

$ 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

197,751.00

Unrealized Gains (Loss) on Investments

Total Revenues

$ 3,190,322.00

EXPENSES

EXPENSES Staff

$ 977,773.00 1,072,112.00

Office

Publications Conferences Committees Operations

54,138.00 292,431.00 269,169.00 256,937.00

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 Unrestricted Net Assets - Beginning of Year Unrestricted Net Assets - End of Year

261,095.00

8,676,574.00

$ 8,937,669.00

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