Operating Statement for the year ended December 31, 2012

                                                                                                                

IMAC REVENUES

Membership Dues                    $   18,522.40

IMAC Regions                                  5,429.19

AMA NATS                                       2,778.24

PayPal Interest                                     76.00

Web Advertising                              2,570.00

Miscellaneous                                     467.62

TOTAL 2012 INCOME                                                  $  29,843.45

 IMAC EXPENSES

Awards                                     $         190.10

Bank Fees                                             29.00

GoToMeeting Account                       348.00

National Judging School - 2011          357.20

NATS                                               11,698.50

Office Expense                                      64.04

Printing/Postage/Shipping                  160.40

Regional Expenses                           6,014.53

Trade Shows                                     3,181.72

Website                                            3,608.75

World Championships                         87.90

 

TOTAL 2012 EXPENSES                                                $  25,740.14

2012 SURPLUS/(DEFICIT)                                           $     4,103.31

 ADD: 2011 RET. EARNINGS                                       $   21,298.25

12/31/2012 END. BALANCE                                      $   25,401.56