Page 105 - New Mexico Horse Breeder Spring 2018

2018 ANNUAL BUSINESS MEETING
General Fund Comparison
DECEMBER 31, 2017
REVENUES:
Including Dues, Administrative Fees, Registrations, Awards Banquet, and Interest
Export Mare Registrations
Stallion Auction
Total Revenues and Gains
EXPENSES:
Salaries and Payroll Taxes
Employee Health and Retirement Benefits Annual Meeting and Banquet
Insurance
Lobbying Costs
Magazine Publication
Marketing Campaign
Bank, credit card, and Paypal fees
Board Expense
Dues & Subscriptions
Telephone
Printing
Postage
Advertising
Web Site
Auto Expense
Office Expense
Computer Expense
Miscellaneous
Office Supplies
Utilities
Equipment Rent and Maintenance
Travel and Lodging
Accounting, Awards Calculation, Tax Return Repairs and Maintenance
Security
Meals and Entertainment
Property Taxes
Condominium association dues
Legal Fees
Annual Audit or Review
Total Cash Expenses
REVENUE LESS CASH EXPENSES
Depreciation
EXCESS REVENUE (EXPENSES)
Year Ended 12/31/2016
$388,653
33,000 421,653
118,084 50,007 30,924 32,772 21,887 43,805
4,157 2,757 2,315
517 4,489 3,154 7,892 625 11,220 2,790 960 2,322 134 9,450 3,638 6,226 1,692 17,309 3,567 385 128 3,314 1,899 1,528 15,010 404,957 16,696 (14,029) $2,667 Reviewed
Year Ended 12/31/2017
$362,009
45,000
24,300 431,309
118,636 52,332 11,931 29,961
- 41,910 7,036 3,323 372 465 5,240 4,163 7,157 2,790 9,774 3,657 960 805 161 9,803 3,138 8,231 1,870 14,300 3,405 355 173 5,478 1,899 - 12,885 362,210 69,099 (13,267) $55,832
Unaudited & Unreviewed
Change
$(26,644)
45,000 (8,700) 9,656
552 2,325 (18,993) (2,811) (21,887) (1,895) 2,879 566 (1,943) (52) 751 1,009 (735) 2,165 (1,446) 867 - (1,517) 27 353 (500) 2,005 178 (3,009) (162) (30) 45 2,164 - (1,528) (2,125) (42,747) 52,403 762 $53,165
SPRING 2018 103