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2014 Year End Financial Report

Details
Written by: Doug Pilcher
Category: Club Business
Published: 21 January 2015

Operating Statement for the year ended December 31, 2014

                                                                                                                

IMAC REVENUES

Membership Dues                    $   16,905.14

IMAC Regions                                  6,466.43

Red Book Sales                                  475.00

AMA NATS                                       1,592.50

USA Team Shirts/Decals                  1,898.53

Miscellaneous                                      36.76

Total IMAC Revenue                 $  27,374.36

IMAC WORLDS REVENUES

IMAC World Championship   $    52,835.16

TOTAL 2014 INCOME                                                  $  80,209.52

 IMAC EXPENSES

Awards                                     $          96.75

Bank Fees                                             49.80

GoToMeeting Account                      295.00

Judging Schools                               1,328.96

National Judging School                 1,466.40

NATS                                                5,467.42

Office Expense                                     46.92

Printing/Postage                                231.42

Regional Expenses                         5,790.88

Shipping                                             113.16

Trade Shows                                    3,661.12

USA Team Shirt/Decal Exp              2,368.55

Website                                           3,716.43

Total IMAC Expenses              $    24,632.81

IMAC WORLD EXPENSES

IMAC World Championships   $  47,343.10

TOTAL 2014 EXPENSES                                                $  71,975.91

2014 SURPLUS/(DEFICIT)                                           $     8,233.61

 ADD: 2013 RET. EARNINGS                                       $   34,289.61

12/31/2014 END. BALANCE                                      $   42,523.22

2013 Year End Financial Report

Details
Written by: Doug Pilcher
Category: Club Business
Published: 15 January 2014

Operating Statement for the year ended December 31, 2013

                                                                                                                

IMAC REVENUES

Membership Dues                    $   17,868.73

IMAC Regions                                  9,865.86

Red Book Sales                                  200.00

AMA NATS                                       2,107.50

World Championship Fund            1,148.00

Web Advertising                              3,310.00

National Judging School                  1,510.00

Miscellaneous                                      33.00

TOTAL 2013 INCOME                                                  $  36,043.09

 IMAC EXPENSES

Awards                                     $         143.00

Bank Fees                                             70.00

Exchange Rate                                      53.78

GoToMeeting Account                       295.08

IWC Qualifier Exp                               482.50

Judging Schools                                  960.00

Judging Manuals (Red Books)         1,290.33

National Judging School                  7,751.93

NATS                                                 5,806.62

Miscellaneous                                       71.73

Office Expense                                      27.36

Printing/Postage                                 133.60

Regional Expenses                           4,778.26

Shipping                                              123.96

Software                                              103.57

Trade Shows                                     1,898.54

Website                                            3,164.78

 

TOTAL 2013 EXPENSES                                                $  27,155.04

2013 SURPLUS/(DEFICIT)                                           $     8,888.05

 ADD: 2012 RET. EARNINGS                                       $   25,401.56

12/31/2013 END. BALANCE                                      $   34,289.61

2012 Year End Financial Report

Details
Written by: Doug Pilcher
Category: Club Business
Published: 26 January 2012

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

2011 Year End Financial Report

Details
Written by: Doug Pilcher
Category: Club Business
Published: 17 January 2012

Operating Statement for the year ended December 31, 2011

                                                                                                                

IMAC REVENUES

Membership Dues                    $   18,220.56

IMAC Regions                                  6,710.19

AMA NATS                                       2,445.00

PayPal Interest                                       8.32

Trade Shows                                         40.00

Advertising                                       6,870.00

Miscellaneous                                     749.00

TOTAL 2011 INCOME                                                  $  35,043.77

 IMAC EXPENSES

Awards                                     $         157.90

Exchange Rate                                        7.50

GoToMeeting Account                       348.00

Judging Guides                                 1,179.43

Judging Schools                                1,025.40

Judging School Travel                         457.32

Miscellaneous                                       16.15

National Judging School-2011         5,168.55

NATS                                               11,461.89

Office Expense                                     104.47

Printing/Postage/Shipping                  141.67

Regional Expenses                           9,091.36

Software                                              273.23

Trade Shows                                     4,342.40

Website                                            3,812.89

 

TOTAL 2011 EXPENSES                                                $  37,588.16

2011 SURPLUS/(DEFICIT)                                           $    (2,544.39) 

 ADD: 2010 RET. EARNINGS                                       $   23,842.64

12/31/2011 END. BALANCE                                      $   21,298.25

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