AOAC BOD June 2018 Pre-Meeting Materials

AOAC AND RESEARCH INSTITUTE Combined Statements of Financial Position December 31, 2017 AOAC 12/31/2017 RI 12/31/2017

Change

ASSETS

CASH

Cash-Bank of America

20,995.78 196,369.81

237,147.90 430,649.52

258,143.68 627,019.33

Cash-PNC Bank

Petty Cash

145.22

145.22

TOTAL CASH

217,510.81 667,797.42 885,308.23

INVESTMENTS

Investments-Morgan Stanley Equities Investments-Morgan Stanley CD's

5,708,709.73 701,771.19

2,237,067.58

7,945,777.31 701,771.19

TOTAL INVESTMENTS

6,410,480.92 2,237,067.58 8,647,548.50

RECEIVABLES

Accounts Receivable- Pubs and

11,464.57 (2,000.00) 209,755.80 168,345.36

Membership

122,855.25 (2,000.00)

134,319.82 (4,000.00) 209,755.80 168,345.36

Allowance for Bad Debt

Accounts Receivable-Contracts Accounts Receivable-PT Accrued Interest Receivable

2,327.46

148.49

2,475.95

TOTAL RECEIVABLES

389,893.19 121,003.74 510,896.93

PREPAID EXPENSES

Prepaid Insurance

1,224.17 28,922.17 57,565.22

1,224.17 28,922.17 57,565.22

Deposits

Prepaid Expenses

Advances

399.04

399.04

TOTAL PREPAID EXPENSES

87,711.56

399.04

88,110.60

INVENTORY

29,240.01

29,240.01

FIXED ASSETS

Office Furniture & Equipment Accm Depreciation-F&E

43,252.64 (39,783.25) 146,252.45 (116,602.01) 73,169.63 (57,162.93) 596,763.00 (174,055.75) 152,887.50 (25,799.77) 598,921.51

2,388.98 (2,388.98)

45,641.62 (42,172.23) 146,252.45 (116,602.01) 73,169.63 (57,162.93) 596,763.00 (174,055.75) 152,887.50 (25,799.77) 598,921.51

Computer Hardware

Accm Depreciation-Hardware

Computer Software

Accm Depreciation-Software Leasehold Improvements Accm Depreciation-Leasehold PT Website Development Accm Depreciation-PT Website

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TOTAL FIXED ASSETS

TOTAL ASSETS

7,733,758.00 3,026,267.78 10,760,025.78

For Management Use Only