2014 IMAC Year-End Financial Statement

Posted by Samantha
Posted on 10/26/2016

Operating Statement for the year ended December 31, 2014

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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

 

 

 

 

 




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