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1! File Name!
OPEN Houston!
1! Footer!
Financial Update – 2013!
December 31st, 2013!
Statement of Activities: Jan. 1st 2013 – Dec. 31st 2013!
2! OPEN 2013 Financials YTD Q3!
INCOME
Indirect Program Service Revenues
Charter Membership Dues $ 19,500
EL and General Membership Dues 4,842
Total Indirect Program Service Revenues 24,342
Program Service Revenue
Annual Conference Revenues 29,138
General Seminars and Events -
Total Program Service Revenues 29,138
TOTAL INCOME $ 53,480
EXPENSES
General & Administrative Expenses
Admin - Contract Labor $ 8,000
Finance Charges (CC & Bank Fees) 921
Legal & Professional Fees 5
Meeting Expense 1,285
Postage & Shipping Expense 16
Regus - Virtual Office Rental 828
Technology Related Expenses 2,805
National OPEN Contribution 1,500
Total General & Administrative Expenses 15,361
Program Expenses
Annual Conference 28,250
General Seminars & Events 663
Total Program & Administrative Expenses 28,913
TOTAL EXPENSES $ 44,273
CHANGE IN NET ASSETS $ 9,206
Statement of Position: Dec 31st 2013!
3! OPEN 2013 Financials YTD Q3!
ASSETS
Current Assets
Cash – Checking Account $ 14,136
Accounts Receivable (AR) 4,000
Total Current Assets 18,136
TOTAL ASSETS $ 18,136
LIABILITIES
Accounts Payable -
TOTAL LIABILITIES -
NET ASSETS
Unrestricted $ 8,930
Change in Net Assets 9,206
TOTAL NET ASSETS 18,136
TOTAL LIABILITIES AND NET ASSETS $ 18,136

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OPEN Houston 2013 Financial Report

  • 1. 1! File Name! OPEN Houston! 1! Footer! Financial Update – 2013! December 31st, 2013!
  • 2. Statement of Activities: Jan. 1st 2013 – Dec. 31st 2013! 2! OPEN 2013 Financials YTD Q3! INCOME Indirect Program Service Revenues Charter Membership Dues $ 19,500 EL and General Membership Dues 4,842 Total Indirect Program Service Revenues 24,342 Program Service Revenue Annual Conference Revenues 29,138 General Seminars and Events - Total Program Service Revenues 29,138 TOTAL INCOME $ 53,480 EXPENSES General & Administrative Expenses Admin - Contract Labor $ 8,000 Finance Charges (CC & Bank Fees) 921 Legal & Professional Fees 5 Meeting Expense 1,285 Postage & Shipping Expense 16 Regus - Virtual Office Rental 828 Technology Related Expenses 2,805 National OPEN Contribution 1,500 Total General & Administrative Expenses 15,361 Program Expenses Annual Conference 28,250 General Seminars & Events 663 Total Program & Administrative Expenses 28,913 TOTAL EXPENSES $ 44,273 CHANGE IN NET ASSETS $ 9,206
  • 3. Statement of Position: Dec 31st 2013! 3! OPEN 2013 Financials YTD Q3! ASSETS Current Assets Cash – Checking Account $ 14,136 Accounts Receivable (AR) 4,000 Total Current Assets 18,136 TOTAL ASSETS $ 18,136 LIABILITIES Accounts Payable - TOTAL LIABILITIES - NET ASSETS Unrestricted $ 8,930 Change in Net Assets 9,206 TOTAL NET ASSETS 18,136 TOTAL LIABILITIES AND NET ASSETS $ 18,136