P & L Comparison to Previous Year

     
Jan - Dec 01 Jan - Dec 00 % Change
Ordinary Income/Expense
Income
INC Conferences 142,580 140,248 2%
Investment Income 10,331 12,410 -17%
Membership Dues 22,626 21,680 4%
Other Income 368 69 433%
Shipping and Handling 17,926 9,084 97%
Products 115,245 90,058 28%
Publications Sales 5,411 6,896 -22%
Sponsor Dues and Donations 29,660 22,262 33%
Total Income 344,147 302,707 14%
Cost of Goods Sold
PhD Seminar in System Dynamics 7,909 0 100%
Management Game 20,424 21,505 -5%
Bibliography Update Expense 417 418 -0%
Fireside Chat 56 0 100%
Proceedings 2000 1,056 1,650 -36%
Total COGS 29,862 23,573 27%
Gross Profit 314,285 279,134 13%
Expense
9999 to be classified 0 0 0%
Awards 11,020 2,066 433%
Bank Adjustments (Expense) 25 435 -94%
Contract with Univ at Albany 111,211 105,295 6%
Credit card fees 7,709 6,754 14%
EXP Conferences 43,256 83,181 -48%
EX Conference Prepaid 0 20,000 -100%
Journal Expense 12,000 12,000 0%
Membership Directory Exp 3,782 4,738 -20%
Membership Services 2,995 1,892 58%
Membership Subsidies 6,120 3,865 58%
Miscellaneous Expense 15 -295 -105%
Office Equipment Purchases 3,477 3,659 -5%
Officer Expenses 5,511 5,566 -1%
Phone, Fax, E-mail Services 133 0 100%
Printing & Duplicating 2,392 4,230 -43%
Professional Fees 18,897 13,379 41%
Shipping /Postage Expense 11,341 6,891 65%
Supplies 1,072 1,115 -4%
Total Expense 240,956 274,771 -12%
Net Ordinary Income 73,329 4,363 1,581%
Net Income 73,329 4,363 1,581%