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