AOAC BOD June 2018 Pre-Meeting Materials

AOAC INTERNATIONAL Comparative Statements of Revenues and Expenses For the Three Months Ending Saturday, March 31, 2018, 2017 and 2016 2018 2017 2016 2018 vs. 2017

Change

to Date Actual

to Date Actual

to Date Actual

Variance

% of

Actual

INCOME

Item 2.2c

Sales

$ 85 174 $ 216 731 $ 97 332 $ 78 224

$ 150 605 $ 224 150 $ 96 885 $ 84 359 $ 660 $ 2 819 $ 22 242 $ 7 388 $ 589 107

$ 81 926 $ 274 598 $ 125 049 $ 99 418

($ 65 431) ($ 7 418)

( 43%) ( 3%)

Sales-Proficiency Testing Postage Rec'd/Shipping

$ 447

0%

Subscriptions Advertising

($ 6 135) ($ 660) ($ 1 536) ($ 18 018) ($ 3 178) ($ 101 930)

( 7%)

$ 330 $ 725

( 100%) ( 55%) ( 81%) ( 43%) ( 17%)

Reprints/Back Issues Publication Costs Royalties & Other Fees

$ 1 283 $ 4 224 $ 4 209

$ 50 126 $ 3 296 $ 635 469

Total Sales

$ 487 177

$ 50 354 $ 3 820

$ 54 404 $ 4 140

($ 5 426) ($ 120) ($ 5 227) $ 1 850 ($ 8 923)

( 11%) ( 3%)

Individual Membership Technical Membership Organizational Affiliate Membership Sustaining Membership

$ 44 928 $ 3 700

$ 111 633 $ 17 450 $ 177 711

$ 116 861 $ 15 600 $ 186 635

$ 122 362 $ 15 617 $ 196 523

( 4%) 12% ( 5%)

Total Membership

Contracts & Grants Donations/Sponsorship

$ 359 353

$ 460 622

$ 542 071

($ 101 268)

( 22%)

$ 8 390

$ 5 030

$ 2 120

$ 3 360

67%

Total Donation/ Contract

$ 367 743

$ 465 652

$ 544 191

($ 97 908)

( 21%)

Registration-Member

$ 6 825

$ 3 000

$ 2 500

$ 3 825

128%

Registration Cancellations- Member Registration-Non-member

($ 1 000) $ 675 $ 2 675 $ 25 019 $ 209 920

$ 1 000 $ 4 950 $ 9 775

( 100%)

$ 5 625 $ 12 450 $ 26 794 ($ 9 190)

733% 365%

Total Registration

$ 2 500

Interest Income

$ 25 210 ($ 5 172)

$ 1 774

7%

Appreciation of Investments

($ 219 110)

( 104%)

Miscellaneous Income

$ 740

$ 58

$ 740

0%

Total Other

$ 18 343

$ 234 939

$ 20 097

($ 216 596)

( 92%)

TOTAL INCOME

$1 063 425

$1 479 007

$1 398 780

($ 415 583)

( 28%)

EXPENSES

Salaries Bonus

$ 472 067 $ 3 220 $ 30 774 $ 31 271 $ 56 542 $ 593 874 $ 207 506 $ 60 399 $ 117 292 $ 46 594

$ 541 992 $ 4 500 $ 42 277 $ 21 561 $ 30 452 $ 640 782 $ 216 084 $ 62 446 $ 115 409 $ 56 990

$ 506 531

($ 69 926) ($ 1 280) ($ 11 503) $ 9 710 $ 26 091 ($ 46 908) ($ 8 578) ($ 2 048) $ 1 883 ($ 10 396)

( 13%) ( 28%) ( 27%)

Vacation/Personal Leave

$ 37 750 $ 23 515 $ 61 902 $ 629 698 $ 193 426 $ 58 875 $ 104 584 $ 52 394

Medical Leave

45% 86%

Holiday/Administrative Leave

Total Salaries

( 7%)

Benefits

( 4%) ( 3%)

FICA

Health Insurance Pensions(SEP/IRA) FSA Administration

2%

( 18%)

$ 328 $ 5 738 $ 4 586 $ 2 300

$ 311 $ 5 723 $ 5 256 $ 2 450

$ 624 $ 667 $ 4 966 $ 2 383

$ 17 $ 15

5% 0%

Unemployment Life Insurance

($ 670) ($ 151) $ 13 346 ($ 6 582)

( 13%) ( 6%) ( 5%) ( 3%)

Disability

Benefits Offset

($ 234 936) $ 209 806

($ 248 281) $ 216 388

($ 211 084) $ 206 835

Total Benefits

Consultant, Instructor Fees

$ 102 223

$ 46 786

$ 73 615

$ 55 436

118%

For Management Use Only