Page 11 - annual report cover final

Statement of 9

Activities

Dallas/Fort Worth Minority Supplier Development Council, Inc.
Statement of Activities

For the Year ended December 31, 2016

Revenues DFWMSDC MBDA TOTAL

Membership and dues 739,143 0 739,143
Program Receipts 638,152 0 638,152
Interest Income 0
Donations 1,541 0 1,541
Federal Grants 0 595,000 0
0
Total Revenues 595,000 595,000
1,378,837
286,907 1,973,837
Expenses 73,221
25,474 690,544
Salaries 403,637 173,156
Fringe Benefits 99,935 0 139,113
Contract Labor 113,639 6,488 318,268
Program Expenses 318,268
Office Expenses 0 6,495
Office Lease 6 18,986 65,148
Telephone 65,148 39,595
Professional Fees 20,609 0 22,158
Equipment Lease 22,158 0 19,480
Insurance 19,480 0 12,118
Meeting/Travel 12,118 71,602 73,995
Marketing 0
Technology 2,393 0 0
Depreciation 0 2,248 0
Other Expenses 0 760 13,880
Dues/Memberships 300 215,746
11,632 300
Total Expenses 214,986 485,987
1,789,995
0 109,013
183,841
1,304,008

Increase (decrease) in net assets 74,828

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