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

Temporary Help Staff Training

$ 13 073

$ 18 764 $ 2 425 $ 67 975 $ 13 856 $ 65 328 $ 5 341 $ 10 666 $ 4 238 $ 12 865 $ 19 938

$ 2 314 $ 2 425 $ 78 354 $ 9 460 $ 51 724 $ 3 813 $ 10 221 $ 8 966 $ 10 103 $ 36 878 $ 94 866 $ 30 274

($ 5 691) ($ 1 430) $ 48 315

( 30%) ( 59%)

$ 995

Total Other Personel Costs

$ 116 291

71%

Duplication/Printing Postage/Shipping

$ 14 392 $ 61 137 $ 4 652 $ 16 207 $ 2 717 $ 2 972 $ 22 461 ($ 18 237) $ 109 254 $ 46 322

$ 536

4%

($ 4 191) ($ 689) $ 5 541 ($ 1 521) ($ 9 893) $ 2 522 ($ 18 237) $ 3 023 $ 42 382

( 6%) ( 13%) ( 36%) ( 77%) 52%

Storage

Telephone/Communications

Supplies

Dues/Subscriptions/References

13%

Production Costs

Production Costs to Contracts

0% 3%

$ 106 231

Cost of Sales

Typesetting/Pre-Press

$ 3 940 $ 1 590

1 076%

Paper

$ 1 508

$ 981

($ 82)

( 5%)

Total Normal Operating Costs

$ 263 385

$ 243 993

$ 257 288

$ 19 392

8%

Adv & Promo: Typesetting Adv & Promo: Duplicating

$ 400 $ 527

$ 400 $ 296

$ 1 100 $ 2 040 $ 4 297 $ 1 070

$ 0

0%

$ 230

78%

Adv & Promo: Postage/Shipping

$ 0

0%

Adv & Promo: Other

$ 2 091

$ 1 584

$ 507

32%

Total Advertising and

$ 3 018

$ 2 280

$ 8 506

$ 738

32%

Promotion

Meeting Rooms/Hall Rental

$ 200 $ 9 163 $ 128 $ 9 491

$ 200

0%

Food & Beverage Music/Entertainment

$ 16 185

$ 17 304

($ 7 022)

( 43%)

$ 128

0%

Total Meeting Costs

$ 16 185

$ 17 304

($ 6 694)

( 41%)

Travel, Staff

$ 2 531

$ 5 481 $ 1 180 $ 14 884 $ 21 545 $ 68 118 $ 34 832 $ 26 186 $ 19 657 $ 7 755 $ 17 381 $ 17 011 $ 1 579

$ 1 293 $ 881 $ 22 575 $ 24 749 $ 65 263 $ 21 737 $ 36 237 $ 16 571 $ 7 657 $ 1 169 $ 16 258

($ 2 950) ($ 1 180) ($ 7 804) ($ 11 933) ($ 1 303) ($ 20 551) $ 32 414 ($ 5 211) ($ 13 546) $ 900 $ 3 704 $ 21 851 $ 22 682 ($ 183) $ 4 659 ($ 52) $ 0

( 54%) ( 100%) ( 52%) ( 55%) ( 2%) ( 59%) 124%

Travel, Member Travel, Other

$ 7 081 $ 9 612

Total Travel

Rent

$ 66 814 $ 14 282 $ 58 600 $ 24 316 $ 7 704 $ 12 170 $ 3 465 $ 1 396 $ 900 $ 4 259 ($ 85 240) $ 108 666

Equipment Rental/Maitenance

Software Maintenance

Depreciation

24% ( 1%)

Insurance

Taxes

0%

Bank/Credit Card Charges

( 30%) ( 80%) ( 12%) 667% ( 20%) 0%

Legal Fees

$ 450 $ 955

Accounting/Payroll fees

Moving Expenses

Miscellaneous/Other Expenses

$ 555

Overhead Expense to RI

($ 107 091)

($ 69 350) $ 96 949

Total Other

$ 85 984

26%

TOTAL EXPENSES

$1 314 141

$1 295 132

$1 319 683

$ 19 009

1%

NET INCOME

($ 250 716)

$ 183 875 ($ 209 920)

$ 79 097 $ 5 172

($ 434 592)

( 236%)

Remove change in investments

$ 9 190

NET OPERATING GAIN/(LOSS)

($ 241 526)

($ 26 045)

$ 84 269

For Management Use Only