System Dynamics Society
Budget Comparison, Current Year Only
January through December 1998
       
  Jan - Dec '98 Budget % of Budget
       
Income      
       
Investment Income $ 9,765.00 $ 10,304.00 95%
INC Conferences $ 90,590.00 $ 32,000.00 283%
Membership Dues $ 16,698.00 $ 14,515.00 115%
Other Income $ 1.00 $ 468.00 0%
Prepaid Postage $ 7,916.00 $ 3,702.00 214%
Products $ 75,711.00 $ 41,091.00 184%
Publications Sales $ 7,343.00 $ 4,067.00 181%
Sponsor Dues and Donations $ 12,738.00 $ 9,568.00 133%
       
Total Income $ 220,761.00 $ 115,715.00 191%
       
Gross Profit $ 220,761.00 $ 115,715.00 191%
       
Expense      
       
Sponsor Membership Incentives $ 3,120.00    
Bibliography Update Expense $ 783.00 $ 2,000.00 39%
Audit and Legal Fees $ 4,132.00 $ 3,721.00 111%
Phone, Fax, E-mail Services $ - $ 223.00 0%
Bank Adjustments (Expense) $ 40.00 $ 265.00 15%
Credit card fees $ 4,871.00 $ 28.00 17397%
Gordon Brown Closeout $ 558.00    
Office Equipment $ 5.00 $ 2,411.00 0%
Contract with Univ at Albany $ 75,869.00 $ 60,516.00 125%
Awards $ - $ 2,057.00 0%
Cost of Goods - Management Game $ 13,630.00 $ 16,877.00 81%
Gifts Given $ 27.00 $ - 100%
Journal Expense $ 12,000.00 $ 12,000.00 100%
MA Filing Fee $ - $ 35.00 0%
Membership Directory Exp $ - $ 5,071.00 0%
Miscellaneous Expense $ 9.00 $ 553.00 2%
Officer Expenses $ 2,700.00 $ 3,412.00 79%
Printing & Duplicating $ 2,817.00 $ 1,171.00 241%
EXP Conferences $ 41,301.00 $ - 100%
Returns $ 25.00    
Services $ 10,000.00 $ 5,000.00 200%
Shipping /Postage Expense $ 4,824.00 $ 1,888.00 256%
Supplies $ - $ 992.00 0%
       
Total Expense $ 176,711.00 $ 118,220.00 149%
       
Net Income $ 44,050.00 $ (2,505.00) -1758%

 

 
System Dynamics Society
Profit and Loss by Class
January through December 1998
               
  Conference 99 Conference 98 Core Ops Sales Prior Yr Unclassified TOTAL
Income              
               
Investment Income $ - $ - $ 9,765.00 $ - $ - $ - $ 9,765.00
INC 1997 Turkey Conference $ - $ - $ - $ - $ 21,220.00 $ - $ 21,220.00
INC Conferences $ - $ 90,590.00 $ - $ - $ - $ - $ 90,590.00
Membership Dues $ - $ - $ 16,618.00 $ 80.00 $ - $ - $ 16,698.00
Other Income $ - $ - $ - $ 1.00 $ - $ - $ 1.00
Prepaid Postage $ - $ - $ - $ 7,916.00 $ - $ - $ 7,916.00
Products $ - $ - $ - $ 75,711.00 $ - $ - $ 75,711.00
Publications Sales $ - $ - $ - $ 7,343.00 $ - $ - $ 7,343.00
Sponsor Dues and Donations $ - $ - $ 12,738.00 $ - $ - $ - $ 12,738.00
               
Total Income $ - $ 90,590.00 $ 39,121.00 $ 91,050.00 $ 21,220.00 $ - $ 241,981.00
               
Gross Profit $ - $ 90,590.00 $ 39,121.00 $ 91,050.00 $ 21,220.00 $ - $ 241,981.00
               
Expense              
               
Sponsor Membership Incentives $ - $ - $ 3,120.00 $ - $ 280.00 $ - $ 3,400.00
Uncategorized Expenses $ - $ - $ - $ - $ - $ - $ -
Bibliography Update Expense $ - $ - $ 783.00 $ - $ - $ - $ 783.00
Audit and Legal Fees $ - $ - $ 4,132.00 $ - $ - $ - $ 4,132.00
Bank Adjustments (Expense) $ - $ - $ - $ 40.00 $ - $ - $ 40.00
Credit card fees $ - $ 2,079.00 $ 8.00 $ 2,784.00 $ - $ - $ 4,871.00
Gordon Brown Closeout $ - $ - $ 558.00 $ - $ - $ - $ 558.00
Office Equipment $ - $ - $ 5.00 $ - $ - $ - $ 5.00
Contract with Univ at Albany $ 1,934.00 $ 21,026.00 $ 31,739.00 $ 21,170.00 $ 7,505.00 $ - $ 83,374.00
Cost of Goods - Management Game $ - $ - $ - $ 13,630.00 $ - $ - $ 13,630.00
Gifts Given $ - $ - $ 27.00 $ - $ - $ - $ 27.00
Journal Expense $ - $ - $ 12,000.00 $ - $ - $ - $ 12,000.00
Miscellaneous Expense $ - $ - $ - $ 9.00 $ - $ - $ 9.00
Officer Expenses $ - $ - $ 2,700.00 $ - $ - $ - $ 2,700.00
Printing & Duplicating $ 708.00 $ - $ 2,080.00 $ 30.00 $ - $ - $ 2,817.00
EXP Conferences $ 546.00 $ 40,754.00 $ - $ - $ - $ - $ 41,301.00
Returns $ - $ - $ - $ 25.00 $ - $ - $ 25.00
Services $ - $ - $ 10,000.00 $ - $ - $ - $ 10,000.00
Shipping /Postage Expense $ - $ - $ 211.00 $ 4,613.00 $ - $ - $ 4,824.00
               
Total Expense $ 3,188.00 $ 63,859.00 $ 67,362.00 $ 42,302.00 $ 7,785.00 $ - $ 184,496.00
               
Net Income $ (3,188.00) $ 26,731.00 $ (28,241.00) $ 48,748.00 $ 13,434.00 $ - $ 57,485.00

 

 
System Dynamics Society
Profit & Loss Comparison
January-December 1998 to January-December 1997
       
  Jan - Dec '98 Jan - Dec '97 % Change
Income      
       
Investment Income $ 9,765.00 $ 28,122.00 -65%
INC 1996 Cambridge Conference $ - $ 35,883.00 -100%
INC 1997 Turkey Conference $ 21,220.00 $ - 100%
INC Conferences $ 90,590.00 $ - 100%
Membership Dues $ 16,698.00 $ 14,515.00 15%
Other Income $ 1.00 $ 476.00 -100%
Prepaid Postage $ 7,916.00 $ 3,964.00 100%
Products $ 75,711.00 $ 42,916.00 76%
Publications Sales $ 7,343.00 $ 4,502.00 63%
Sponsor Dues and Donations $ 12,738.00 $ 3,568.00 257%
       
Total Income $ 241,981.00 $ 133,946.00 81%
       
Gross Profit $ 241,981.00 $ 133,946.00 81%
       
Expense      
       
Sponsor Membership Incentives $ 3,400.00 $ - 100%
Uncategorized Expenses $ - $ - 0%
Bibliography Update Expense $ 783.00 $ - 100%
Audit and Legal Fees $ 4,132.00 $ - 100%
Phone, Fax, E-mail Services $ - $ 145.00 -100%
Bank Adjustments (Expense) $ 40.00 $ 265.00 -85%
Credit card fees $ 4,871.00 $ 173.00 2720%
Gordon Brown Closeout $ 558.00 $ - 100%
Office Equipment $ 5.00 $ 2,411.00 -100%
Accrued Interest Paid $ - $ 58.00 -100%
Contract with Univ at Albany $ 83,374.00 $ - 100%
Awards $ - $ 2,057.00 -100%
Cost of Goods - Management Game $ 13,630.00 $ 16,877.00 -19%
G Brown Loss on Redemption $ - $ 2,440.00 -100%
Gifts Given $ 27.00 $ - 100%
Journal Expense $ 12,000.00 $ - 100%
MA Filing Fee $ - $ 35.00 -100%
Membership Directory Exp $ - $ 5,071.00 -100%
Miscellaneous Expense $ 9.00 $ 563.00 -98%
Officer Expenses $ 2,700.00 $ 3,412.00 -21%
Printing & Duplicating $ 2,817.00 $ 1,171.00 141%
Professional Fees $ - $ 3,721.00 -100%
EXP Conferences $ 41,301.00 $ 1,941.00 2028%
Returns $ 25.00 $ - 100%
Services $ 10,000.00 $ - 100%
Shipping /Postage Expense $ 4,824.00 $ 1,888.00 156%
Supplies $ - $ 992.00 -100%
Telephone $ - $ 79.00 -100%
       
Total Expense $ 184,496.00 $ 43,299.00 326%
       
Net Income $ 57,485.00 $ 90,647.00 -37%

 

 
System Dynamics Society
Balance Sheet Comparison
December 1998 to December 1997
     
  Dec 31, '98 Dec 31, '97
ASSETS    
     
Current Assets    
     
Checking/Savings    
     
Checking - Bank Boston $ 22,355.00 $ 76,536.00
Companion Savings - Bank Boston $ 100,671.00 $ -
Fidelity Cash Reserves $ 52,927.00 $ 48,101.00
PaineWebber Money Mkt $ 50,353.00 $ 101.00
PaineWebber Investment Account $ 28,193.00 $ 74,844.00
FDIT - Gordon Brown $ - $ 483.00
Gordon Brown Money Mkt $ - $ 49.00
     
Total Checking/Savings $ 254,498.00 $ 200,114.00
     
Accounts Receivable    
     
Accounts Receivable $ 5,040.00 $ 1,754.00
     
Total Accounts Receivable $ 5,040.00 $ 1,754.00
     
Other Current Assets    
     
Undeposited Funds $ 1,193.00 $ (350.00)
     
Total Other Current Assets $ 1,193.00 $ (350.00)
     
Total Current Assets $ 260,731.00 $ 201,518.00
     
TOTAL ASSETS $ 260,731.00 $ 201,518.00
     
LIABILITIES & EQUITY    
     
Liabilities    
     
Current Liabilities    
     
Other Current Liabilities    
     
Accounts Payable Summary $ 1,449.00 $ -
Jrnl Subscrptn Payable to Wiley $ - $ (280.00)
     
Total Other Current Liabilities $ 1,449.00 $ (280.00)
     
Total Current Liabilities $ 1,449.00 $ (280.00)
     
Total Liabilities $ 1,449.00 $ (280.00)
     
Equity    
     
Retained Earnings $ 201,798.00 $ 111,150.00
Net Income $ 57,485.00 $ 90,647.00
     
Total Equity $ 259,282.00 $ 201,798.00
     
TOTAL LIABILITIES & EQUITY $ 260,731.00 $ 201,518.00