Operating Statement for the year-ended December 31, 2017

                                                             

IMAC REVENUES

Membership Dues                                  $ 21,848.67

IMAC Regions                                                740.00

Red Book Sales                                              494.00

AMA NATS                                                  2,296.50

IWC Registration                                        2,820.00

IWC Sponsorship                                       3,605.00

IWC Website (Test of PayPal Link)              425.00

TOTAL 2017 INCOME                                                       $ 32,229.17

IMAC EXPENSES

AMA Nationals                                      $     8,684.51

GoToMeeting Account                                   295.00

IWC                                                                 159.00

IWC Website Test (Test of PayPal link)         425.00

National Judging School (2017)                  6,525.77

Office Expenses                                                97.11

Postage/PO Box Fee                                       167.82

President’s Awards                                         102.00

Printing                                                            397.00

Regional Expenses                                       5,569.09

Regional Judging Schools                               158.68

Shipping                                                            40.80

Software/Upgrades                                        139.99

Trade Shows                                                1,932.27

Website (Maintenance)                              3,531.00

Website(IMPACT Software – link)                 119.88

TOTAL 2016 EXPENSES                                                     $  28,344.92

2017 SURPLUS/(DEFICIT)                                             $    3,884.25

ADD: 2016 RET. EARNINGS                                            $  39,998.97

12/31/17 END. BALANCE                                               $  43,883.22