|
System Dynamics Society |
|
Budget Comparison, Current Year Only |
|
January through December 1998 |
| |
|
|
|
| |
Jan - Dec '98 |
Budget |
% of Budget |
| |
|
|
|
|
Income |
|
|
|
| |
|
|
|
|
Investment Income |
$ 9,765.00 |
$ 10,304.00 |
95% |
|
INC Conferences |
$ 90,590.00 |
$ 32,000.00 |
283% |
|
Membership Dues |
$ 16,698.00 |
$ 14,515.00 |
115% |
|
Other Income |
$ 1.00 |
$ 468.00 |
0% |
|
Prepaid Postage |
$ 7,916.00 |
$ 3,702.00 |
214% |
|
Products |
$ 75,711.00 |
$ 41,091.00 |
184% |
|
Publications Sales |
$ 7,343.00 |
$ 4,067.00 |
181% |
|
Sponsor Dues and Donations |
$ 12,738.00 |
$ 9,568.00 |
133% |
| |
|
|
|
|
Total Income |
$ 220,761.00 |
$ 115,715.00 |
191% |
| |
|
|
|
|
Gross Profit |
$ 220,761.00 |
$ 115,715.00 |
191% |
| |
|
|
|
|
Expense |
|
|
|
| |
|
|
|
|
Sponsor Membership Incentives |
$ 3,120.00 |
|
|
|
Bibliography Update Expense |
$ 783.00 |
$ 2,000.00 |
39% |
|
Audit and Legal Fees |
$ 4,132.00 |
$ 3,721.00 |
111% |
|
Phone, Fax, E-mail Services |
$ - |
$ 223.00 |
0% |
|
Bank Adjustments (Expense) |
$ 40.00 |
$ 265.00 |
15% |
|
Credit card fees |
$ 4,871.00 |
$ 28.00 |
17397% |
|
Gordon Brown Closeout |
$ 558.00 |
|
|
|
Office Equipment |
$ 5.00 |
$ 2,411.00 |
0% |
|
Contract with Univ at Albany |
$ 75,869.00 |
$ 60,516.00 |
125% |
|
Awards |
$ - |
$ 2,057.00 |
0% |
|
Cost of Goods - Management Game |
$ 13,630.00 |
$ 16,877.00 |
81% |
|
Gifts Given |
$ 27.00 |
$ - |
100% |
|
Journal Expense |
$ 12,000.00 |
$ 12,000.00 |
100% |
|
MA Filing Fee |
$ - |
$ 35.00 |
0% |
|
Membership Directory Exp |
$ - |
$ 5,071.00 |
0% |
|
Miscellaneous Expense |
$ 9.00 |
$ 553.00 |
2% |
|
Officer Expenses |
$ 2,700.00 |
$ 3,412.00 |
79% |
|
Printing & Duplicating |
$ 2,817.00 |
$ 1,171.00 |
241% |
|
EXP Conferences |
$ 41,301.00 |
$ - |
100% |
|
Returns |
$ 25.00 |
|
|
|
Services |
$ 10,000.00 |
$ 5,000.00 |
200% |
|
Shipping /Postage Expense |
$ 4,824.00 |
$ 1,888.00 |
256% |
|
Supplies |
$ - |
$ 992.00 |
0% |
| |
|
|
|
|
Total Expense |
$ 176,711.00 |
$ 118,220.00 |
149% |
| |
|
|
|
|
Net Income |
$ 44,050.00 |
$ (2,505.00) |
-1758% |
|
System Dynamics Society |
|
Profit and Loss by Class |
|
January through December 1998 |
| |
|
|
|
|
|
|
|
| |
Conference 99 |
Conference 98 |
Core Ops |
Sales |
Prior Yr |
Unclassified |
TOTAL |
|
Income |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Investment Income |
$ - |
$ - |
$ 9,765.00 |
$ - |
$ - |
$ - |
$ 9,765.00 |
|
INC 1997 Turkey Conference |
$ - |
$ - |
$ - |
$ - |
$ 21,220.00 |
$ - |
$ 21,220.00 |
|
INC Conferences |
$ - |
$ 90,590.00 |
$ - |
$ - |
$ - |
$ - |
$ 90,590.00 |
|
Membership Dues |
$ - |
$ - |
$ 16,618.00 |
$ 80.00 |
$ - |
$ - |
$ 16,698.00 |
|
Other Income |
$ - |
$ - |
$ - |
$ 1.00 |
$ - |
$ - |
$ 1.00 |
|
Prepaid Postage |
$ - |
$ - |
$ - |
$ 7,916.00 |
$ - |
$ - |
$ 7,916.00 |
|
Products |
$ - |
$ - |
$ - |
$ 75,711.00 |
$ - |
$ - |
$ 75,711.00 |
|
Publications Sales |
$ - |
$ - |
$ - |
$ 7,343.00 |
$ - |
$ - |
$ 7,343.00 |
|
Sponsor Dues and Donations |
$ - |
$ - |
$ 12,738.00 |
$ - |
$ - |
$ - |
$ 12,738.00 |
| |
|
|
|
|
|
|
|
|
Total Income |
$ - |
$ 90,590.00 |
$ 39,121.00 |
$ 91,050.00 |
$ 21,220.00 |
$ - |
$ 241,981.00 |
| |
|
|
|
|
|
|
|
|
Gross Profit |
$ - |
$ 90,590.00 |
$ 39,121.00 |
$ 91,050.00 |
$ 21,220.00 |
$ - |
$ 241,981.00 |
| |
|
|
|
|
|
|
|
|
Expense |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
Sponsor Membership Incentives |
$ - |
$ - |
$ 3,120.00 |
$ - |
$ 280.00 |
$ - |
$ 3,400.00 |
|
Uncategorized Expenses |
$ - |
$ - |
$ - |
$ - |
$ - |
$ - |
$ - |
|
Bibliography Update Expense |
$ - |
$ - |
$ 783.00 |
$ - |
$ - |
$ - |
$ 783.00 |
|
Audit and Legal Fees |
$ - |
$ - |
$ 4,132.00 |
$ - |
$ - |
$ - |
$ 4,132.00 |
|
Bank Adjustments (Expense) |
$ - |
$ - |
$ - |
$ 40.00 |
$ - |
$ - |
$ 40.00 |
|
Credit card fees |
$ - |
$ 2,079.00 |
$ 8.00 |
$ 2,784.00 |
$ - |
$ - |
$ 4,871.00 |
|
Gordon Brown Closeout |
$ - |
$ - |
$ 558.00 |
$ - |
$ - |
$ - |
$ 558.00 |
|
Office Equipment |
$ - |
$ - |
$ 5.00 |
$ - |
$ - |
$ - |
$ 5.00 |
|
Contract with Univ at Albany |
$ 1,934.00 |
$ 21,026.00 |
$ 31,739.00 |
$ 21,170.00 |
$ 7,505.00 |
$ - |
$ 83,374.00 |
|
Cost of Goods - Management Game |
$ - |
$ - |
$ - |
$ 13,630.00 |
$ - |
$ - |
$ 13,630.00 |
|
Gifts Given |
$ - |
$ - |
$ 27.00 |
$ - |
$ - |
$ - |
$ 27.00 |
|
Journal Expense |
$ - |
$ - |
$ 12,000.00 |
$ - |
$ - |
$ - |
$ 12,000.00 |
|
Miscellaneous Expense |
$ - |
$ - |
$ - |
$ 9.00 |
$ - |
$ - |
$ 9.00 |
|
Officer Expenses |
$ - |
$ - |
$ 2,700.00 |
$ - |
$ - |
$ - |
$ 2,700.00 |
|
Printing & Duplicating |
$ 708.00 |
$ - |
$ 2,080.00 |
$ 30.00 |
$ - |
$ - |
$ 2,817.00 |
|
EXP Conferences |
$ 546.00 |
$ 40,754.00 |
$ - |
$ - |
$ - |
$ - |
$ 41,301.00 |
|
Returns |
$ - |
$ - |
$ - |
$ 25.00 |
$ - |
$ - |
$ 25.00 |
|
Services |
$ - |
$ - |
$ 10,000.00 |
$ - |
$ - |
$ - |
$ 10,000.00 |
|
Shipping /Postage Expense |
$ - |
$ - |
$ 211.00 |
$ 4,613.00 |
$ - |
$ - |
$ 4,824.00 |
| |
|
|
|
|
|
|
|
|
Total Expense |
$ 3,188.00 |
$ 63,859.00 |
$ 67,362.00 |
$ 42,302.00 |
$ 7,785.00 |
$ - |
$ 184,496.00 |
| |
|
|
|
|
|
|
|
|
Net Income |
$ (3,188.00) |
$ 26,731.00 |
$ (28,241.00) |
$ 48,748.00 |
$ 13,434.00 |
$ - |
$ 57,485.00 |
|
System Dynamics Society |
|
Profit & Loss Comparison |
|
January-December 1998 to January-December 1997 |
| |
|
|
|
| |
Jan - Dec '98 |
Jan - Dec '97 |
% Change |
|
Income |
|
|
|
| |
|
|
|
|
Investment Income |
$ 9,765.00 |
$ 28,122.00 |
-65% |
|
INC 1996 Cambridge Conference |
$ - |
$ 35,883.00 |
-100% |
|
INC 1997 Turkey Conference |
$ 21,220.00 |
$ - |
100% |
|
INC Conferences |
$ 90,590.00 |
$ - |
100% |
|
Membership Dues |
$ 16,698.00 |
$ 14,515.00 |
15% |
|
Other Income |
$ 1.00 |
$ 476.00 |
-100% |
|
Prepaid Postage |
$ 7,916.00 |
$ 3,964.00 |
100% |
|
Products |
$ 75,711.00 |
$ 42,916.00 |
76% |
|
Publications Sales |
$ 7,343.00 |
$ 4,502.00 |
63% |
|
Sponsor Dues and Donations |
$ 12,738.00 |
$ 3,568.00 |
257% |
| |
|
|
|
|
Total Income |
$ 241,981.00 |
$ 133,946.00 |
81% |
| |
|
|
|
|
Gross Profit |
$ 241,981.00 |
$ 133,946.00 |
81% |
| |
|
|
|
|
Expense |
|
|
|
| |
|
|
|
|
Sponsor Membership Incentives |
$ 3,400.00 |
$ - |
100% |
|
Uncategorized Expenses |
$ - |
$ - |
0% |
|
Bibliography Update Expense |
$ 783.00 |
$ - |
100% |
|
Audit and Legal Fees |
$ 4,132.00 |
$ - |
100% |
|
Phone, Fax, E-mail Services |
$ - |
$ 145.00 |
-100% |
|
Bank Adjustments (Expense) |
$ 40.00 |
$ 265.00 |
-85% |
|
Credit card fees |
$ 4,871.00 |
$ 173.00 |
2720% |
|
Gordon Brown Closeout |
$ 558.00 |
$ - |
100% |
|
Office Equipment |
$ 5.00 |
$ 2,411.00 |
-100% |
|
Accrued Interest Paid |
$ - |
$ 58.00 |
-100% |
|
Contract with Univ at Albany |
$ 83,374.00 |
$ - |
100% |
|
Awards |
$ - |
$ 2,057.00 |
-100% |
|
Cost of Goods - Management Game |
$ 13,630.00 |
$ 16,877.00 |
-19% |
|
G Brown Loss on Redemption |
$ - |
$ 2,440.00 |
-100% |
|
Gifts Given |
$ 27.00 |
$ - |
100% |
|
Journal Expense |
$ 12,000.00 |
$ - |
100% |
|
MA Filing Fee |
$ - |
$ 35.00 |
-100% |
|
Membership Directory Exp |
$ - |
$ 5,071.00 |
-100% |
|
Miscellaneous Expense |
$ 9.00 |
$ 563.00 |
-98% |
|
Officer Expenses |
$ 2,700.00 |
$ 3,412.00 |
-21% |
|
Printing & Duplicating |
$ 2,817.00 |
$ 1,171.00 |
141% |
|
Professional Fees |
$ - |
$ 3,721.00 |
-100% |
|
EXP Conferences |
$ 41,301.00 |
$ 1,941.00 |
2028% |
|
Returns |
$ 25.00 |
$ - |
100% |
|
Services |
$ 10,000.00 |
$ - |
100% |
|
Shipping /Postage Expense |
$ 4,824.00 |
$ 1,888.00 |
156% |
|
Supplies |
$ - |
$ 992.00 |
-100% |
|
Telephone |
$ - |
$ 79.00 |
-100% |
| |
|
|
|
|
Total Expense |
$ 184,496.00 |
$ 43,299.00 |
326% |
| |
|
|
|
|
Net Income |
$ 57,485.00 |
$ 90,647.00 |
-37% |
|
System Dynamics Society |
|
Balance Sheet Comparison |
|
December 1998 to December 1997 |
| |
|
|
| |
Dec 31, '98 |
Dec 31, '97 |
|
ASSETS |
|
|
| |
|
|
|
Current Assets |
|
|
| |
|
|
|
Checking/Savings |
|
|
| |
|
|
|
Checking - Bank Boston |
$ 22,355.00 |
$ 76,536.00 |
|
Companion Savings - Bank Boston |
$ 100,671.00 |
$ - |
|
Fidelity Cash Reserves |
$ 52,927.00 |
$ 48,101.00 |
|
PaineWebber Money Mkt |
$ 50,353.00 |
$ 101.00 |
|
PaineWebber Investment Account |
$ 28,193.00 |
$ 74,844.00 |
|
FDIT - Gordon Brown |
$ - |
$ 483.00 |
|
Gordon Brown Money Mkt |
$ - |
$ 49.00 |
| |
|
|
|
Total Checking/Savings |
$ 254,498.00 |
$ 200,114.00 |
| |
|
|
|
Accounts Receivable |
|
|
| |
|
|
|
Accounts Receivable |
$ 5,040.00 |
$ 1,754.00 |
| |
|
|
|
Total Accounts Receivable |
$ 5,040.00 |
$ 1,754.00 |
| |
|
|
|
Other Current Assets |
|
|
| |
|
|
|
Undeposited Funds |
$ 1,193.00 |
$ (350.00) |
| |
|
|
|
Total Other Current Assets |
$ 1,193.00 |
$ (350.00) |
| |
|
|
|
Total Current Assets |
$ 260,731.00 |
$ 201,518.00 |
| |
|
|
|
TOTAL ASSETS |
$ 260,731.00 |
$ 201,518.00 |
| |
|
|
|
LIABILITIES & EQUITY |
|
|
| |
|
|
|
Liabilities |
|
|
| |
|
|
|
Current Liabilities |
|
|
| |
|
|
|
Other Current Liabilities |
|
|
| |
|
|
|
Accounts Payable Summary |
$ 1,449.00 |
$ - |
|
Jrnl Subscrptn Payable to Wiley |
$ - |
$ (280.00) |
| |
|
|
|
Total Other Current Liabilities |
$ 1,449.00 |
$ (280.00) |
| |
|
|
|
Total Current Liabilities |
$ 1,449.00 |
$ (280.00) |
| |
|
|
|
Total Liabilities |
$ 1,449.00 |
$ (280.00) |
| |
|
|
|
Equity |
|
|
| |
|
|
|
Retained Earnings |
$ 201,798.00 |
$ 111,150.00 |
|
Net Income |
$ 57,485.00 |
$ 90,647.00 |
| |
|
|
|
Total Equity |
$ 259,282.00 |
$ 201,798.00 |
| |
|
|
|
TOTAL LIABILITIES & EQUITY |
$ 260,731.00 |
$ 201,518.00 |
