2021 Statement of Financial Activity
** This Information is confidential and is intended to be viewed only by members of the IMCA.
 |  |  |  | |
2021 STATEMENT OF ACTIVITIES |
 |  |  |  |
 |
 Unrestricted |
 Temporarily Restricted |
 Permanently Restricted |
 Total |
 | ||||
REVENUES, GAINS, AND OTHER SUPPORT |
 |  |  |  |
Membership Dues |
        5,735 |
 |  |  |
Donations |
            70 |
 |  |  |
Annual Dinner |
             -  |
 |
 |
 |
TOTAL REVENUES, GAINS, AND OTHER |
        5,805 |
             -  |
                |
      5,805 |
 |  |  |  |  |
EXPENSES |
 |  |  |  |
Administrative Costs |
           (50) |
 |  |  |
Annual Dinner |
             -  |
 |  |  |
Bank and PayPal Fees |
          (227) |
 |  |  |
Insurance |
          (911) |
 |  |  |
Legal |
             -  |
 |  |  |
Sponsorship |
             -  |
 |  |  |
Website Expense |
       (2,825) |
 |
 |
 |
TOTAL EXPENSES |
       (3,963) |
             -  |
                |
    (3,963) |
 |  |  |  |  |
CHANGE IN NET ASSETS |
        1,842 |
             -  |
                |
      1,842 |
 |  |  |  |  |
NET ASSETS AT BEGINNING OF YEAR |
      51,036 |
             -  |
        11,160 |
    62,196 |
 |  |  |  |  |
NET ASSETS AT END OF YEAR |
      52,878 |
             -  |
        11,160 |
    64,038 |
 |  |  |  |  |
NOTES:
Administrative
Costs include State of Nevada Annual Report filing fees
Insurance is
Directors & Officers Liability policy
Legal – No
change
Sponsorship is
the amount spent to sponsor the Mason Travel Award with The Meteoritical
Society and was not awarded in 2021
Website Expense
includes hosting services, domain fees, and website repairs plus, a rebuild
expense in 2021 of $1,500
Annual Dinner
was not held in 2021
Unrestricted funds
have not been designated to be spent on a specific item, program, or project
Temporarily
Unrestricted funds are for projects or purchases
Permanently
Restricted funds have a restriction imposed by the donor*
Funds in the Permanently
Restricted column have been designated to be spent on the new website
($9,660) and promotional flyers ($1,500) and were donated in prior years.