Annual Report FY 2014

INDEPENDENT AUDITOR’S

FINANCIAL SUMMARY STATEMENT OF REVENUES & EXPENSES

YEAR ENDED JUNE 30, 2013 IASA’S FINANCIAL PORTRAIT

REVENUES Membership Dues Sponsored Programs Association Programs

$1,107,151.00 $ 453,116.00 $ 579,651.00 $ 103,867.00 $ 23,975.00 $ 346,578.00 $ 252,163.00 $ 5,470.00

Miscellaneous

Marketing

Interest on Investments IASA Annual Conference

AASA Programs

Realized Gain on Investments $ 4,985.00 Unrealized Gain (Loss) on Investments $ (42,570.00) Total Revenues $2,834,386.00

EXPENSES Staff

$ 943,848.00 $1,108,705.00 $ 52,156.00 $ 314,894.00 $ 263,202.00 $ 276,684.00

Office

Publications Conferences Committees

Operations

Total Expenses

$2,959,489.00

Increase (Decrease) in Unrestricted Net Assets

Before Other Changes in Net Assets

$ (125,103.00)

Other Changes in Net Assets Fixed asset additions

$ 20,522.00 $ (113,075.00) $ 191,950.00 $ (25,706.00) $8,702,280.00

Depreciation expenses

Payments on loan

Increase (Decrease) in Unrestricted Net Assets

Unrestricted Net Assets-Beginning of Year

Unrestricted Net Assets-End of Year

$8,676,574.00

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