Financials

Financials

Statements of Financial Positions

Dec. 3120182017
Total assets$ 11,214,081$ 11,527,223
Assets
Cash and cash equivalents$ 2,178,188$ 2,356,018
Investments$ 7,749,555$ 8,066,348
Accounts receivable$ 251,766$ 315,997
Prepaid expenses$ 245,516$ 206,730
Intangible assets$ 405,000$ 405,000
Deposits$ 24,187$ 24,187
Property and equipment$ 359,869$ 152,943

Dec. 3120182017
Total liabilities and net assets$ 11,214,081$ 11,527,223
Liabilities and Net Assets
Liabilities
Accounts payable and accrued expenses$ 410,760$ 311,446
Deferred revenue$ 484,639$ 564,502
Total liabilities$ 895,399$ 875,948
Net assets - unrestricted$ 10,318,682$ 10,651,275

Statements of Activities

Year Ended Dec. 3120182017
Total$ 7,151,916$ 7,354,158
Revenue
Sponsorships$ 5,485,500$ 5,787,948
Membership dues$ 893,308$ 888,973
Participation fees$ 373,940$ 313,778
Interest and dividends$ 368,989$ 309,575
Other income$ 16,217$ 42,864
Document sales$ 13,962$ 11,020

Year Ended Dec. 3120182017
$ 6,597,680$ 5,674,178
Expense
Salaries and related$ 1,977,565$ 1,864,447
Meetings, speakers and rentals$ 1,340,862$ 1,150,099
Outside services$ 735,289$ 557,695
Rent, assessments and parking$ 342,141$ 324,513
Insurance$ 341,825$ 287,397
Web development, hosting and support$ 251,508$ 152,554
Recruiting and incentives$ 241,487$ 168,975
Contributions$ 198,863$ 247,184
Payroll taxes and administration$ 143,715$ 143,621
Resources$ 139,962$ 63,180
Depreciation and amortization$ 123,251$ 71,204
Printing and advertising$ 122,481$ 104,472
Dues and subscriptions$ 109,795$ 96,566
Retirement contributions$ 102,939$ 100,590
Travel$ 89,869$ 68,940
Bank and merchant fees$ 82,377$ 72,647
Miscellaneous fees and expenses$ 81,487$ 19,956
Stationery and supplies$ 40,970$ 49,204
Training$ 36,323$ 43,995
Computer hardware, software and services$ 28,160$ 28,471
Sales and use tax$ 26,124$ 192
Phone and fax$ 20,919$ 28,384
Equipment purchase, rental, and service$ 16,613$ 26,293
Postage, express mail and messenger$ 3,155$ 3,599

Net assets, end of year$ 10,318,682$ 10,651,275
Change in net assets before investments gains$ 554,236$ 1,679,980
Net (loss) gain on investments$ (886,829)$602,415
Change in net assets$ (332,593)$ 2,282,395
Net assets, beginning of year$ 10,651,275$ 8,368,880

Security Industry Association 2016 Annual Report

SIA 2018 Annual Report