Financials

Statements of Financial Positions

Dec. 3120192018
Assets
Cash and cash equivalents$ 1,994,126$ 2,178,188
Investments$ 9,089,241$ 7,749,555
Accounts receivable$ 400,113$ 251,766
Prepaid expenses$ 193,224$ 245,516
Intangible assets$ 405,000$ 405,000
Deposits$ 24,187$ 24,187
Property and equipment, net$ 208,547$ 359,869
Total assets$ 12,314,438$ 11,214,081

Dec. 3120192018
Liabilities and Net Assets
Liabilities
Accounts payable and accrued expenses$ 324,501$ 410,760
Deferred revenue$ 448,610$ 484,639
Total liabilities$ 773,111$ 895,399
Net assets - unrestricted$ 11,541,327$ 10,318,682
Total liabilities and net assets$ 12,314,438$ 11,214,081

Statements of Activities

Year Ended Dec. 3120192018
Revenue
Sponsorships$ 5,060,534$ 5,282,275
Membership dues$ 885,302$ 893,308
Participation fees$ 385,815$ 373,940
Interest and dividend income, net of fees$ 382,652$ 320,303
Other income$ 20,558$ 16,217
Document sales$ 9,290$ 13,962
Total$ 6,744,151$ 6,900,005

Year Ended Dec. 3120192018
Expense
Salaries and related$ 2,125,025$ 1,977,565
Meetings, speakers and rentals$ 1,343,121$ 1,137,637
Outside services$ 469,295$ 735,289
Insurance$ 367,588$ 341,825
Rent, assessments and parking$ 362,889$ 342,141
Web development, hosting and support$ 330,082$ 251,508
Recruiting and incentives$ 227,117$ 241,487
Payroll taxes and administration$ 162,749$ 143,715
Depreciation and amortization$ 162,112$ 123,251
Retirement contributions$ 122,066$ 102,939
Dues and subscriptions$ 105,395$ 109,795
Travel$ 103,718$ 89,869
Miscellaneous fees and expenses$ 77,905$ 81,487
Contributions$ 87,000$ 198,863
Computer hardware, software and services$ 64,286$ 28,160
Resources$ 63,596$ 139,962
Stationery and supplies$ 38,973$ 40,970
Sales and use tax$ 36,305$ 26,124
Bank and merchant fees$ 30,372$ 33,691
Phone and fax$ 22,807$ 20,919
Printing and advertising$ 156,641$ 122,481
Training$ 20,078$ 36,323
Equipment purchase, rental and service$ 12,769$ 16,613
Postage, express mail and messenger$ 10,778$ 3,155
$ 6,502,667$ 6,345,769

Change in net assets before investment gain (loss)$ 241,484$ 554,236
Net (loss) gain on investments$ 981,161$ (886,829)
Change in net assets$ 1,222,645$ (332,593)
Net assets, beginning of year$ 10,318,682$ 10,651,275
Net assets, end of year$ 11,541,327$ 10,318,682