Prepared by John Jeunnette with Input from Peggy King

RMOUG Treasurer’s Report

Period: August1 –August 31, 2016

Prepared by John Jeunnette with input from Peggy King

Summary/comments

Month-end account balances are listed below followed by income and expense details for the period.

The Treasurer has reviewed the transactions for the period and all posted transactions are in line with expectations. An updated previous year comparison presented below for review.

$50,000 has been moved from the savings account to an investment portfolio at Edward Jones. A summary of the invest mix is included in the last section of the report.

Income for period includes membership income and savings account interest.

Expenses for the period include normal operating expenses and and scholarships.

BANK ACCOUNTS, balances August 31, 2016

ACCOUNT / BAlance / NOTES
Primary Checking / $37,737.93
Scholarship Fund / $5,704.83
Savings / $21,333,02
Investment Account / $50,124.38
Total: / $114,900.16

Period income and expenses

RockyMountainOracleUsersGroup(RMOUG)
Profit and Loss
August2016
/ Total

Income
4200MembershipDues
4210RenewalMembers / 600.00
Total4200MembershipDues / 600.00
4300OtherRevenues
4320InterestIncome / 1.00
4340MeetingIncome / 30.00
Total4300OtherRevenues / 31.00
TotalIncome / $631.00
GrossProfit / $631.00
Expenses
7000OperatingExpenses
7090CreditCardDiscounts / 132.95
7230OfficeSupplies / 99.00
7330Scholarships / 1,000.00
7410BoardMeetings
7412Meals / 20.98
Total7410BoardMeetings / 20.98
7450SIGs / 89.94
Total7000OperatingExpenses / 1,342.87
TotalExpenses / $1,342.87
NetOperatingIncome / $-711.87
NetIncome / $-711.87
Saturday, Sep 17, 2016 10:50:19 AM PDT GMT-4-AccruaBasis

CURRENT YEAR-TO-DATE versesPREVIOUS YEAR-TO-DATE

RockyMountainOracleUsersGroup(RMOUG)
Current YTD verses Previous YTD
June 2016-July2016verses June 2015-July2015
/ Current YTD
August,2016 / Previous YTD
August, 2015
Income
4100ProgramRevenues / 1,400.00 / 8,060.00
4200MembershipDues / 1,425.00 / 2,615.00
4300OtherRevenues / 147.06 / 79.33
TotalIncome / 3,047.06 / 11,214.33
CostofGoodsSold
5000BudgetedDirectExpenses
5200ConferenceExpenses / 100.00 / 0.00
5300ConferenceSiteExpenses / 8,162.55 / 11,907.31
5400EventManagementExpenses / 0.00 / 0.00
5500MealsExpense / 0.00 / 0.00
5600PrintingReproduction / 0.00 / 0.00
5800 Miscellaneous Direct Expense / 0.00
Total5000BudgetedDirectExpenses / 8,262.55 / 0.00
TotalCostofGoodsSold / 8,262.55 / 11,907.31
GrossProfit / -5,846.49 / -692.98
Expenses
7000OperatingExpenses
7010AccountingTaxPreparation / 0.00 / 0.00
7050BankServiceCharges / 46.00 / 137.10
7090CreditCardDiscounts / 316.38 / 382.65
7110Dues & Subscriptions / 10.00 / 60.00
7170Insurance / 0.00 / 0.00
7190LegalFees / 0.00 / 0.00
7200 Meetings and Conferences / 0.00 / 0.00
7220 Miscellaneous / 0.00 / 0.00
7230OfficeSupplies / 99.00 / 0.00
7240OutsideServices / 4,873.34 / 4,482.50
7260PostageandDelivery / 82.00 / 0.00
7270PrintingReproductions / 0.00 / 0.00
7290 Professional Fees / 0.00 / 0.00
7330Scholarships / 5,000.00 / 0.00
7370Telephone
7410BoardMeetings / 20.98 / 173.44
7420Newsletter / 3,875.40 / 4,245.62
7440QuarterlyMeeting / 3,896.09 / 6,615.97
7450SIGs / 89.94 / 89.94
7460InformationSystems / 0.00 / 0.00
Total7000OperatingExpenses / 18,309.13 / 18,267.22
TotalExpenses / 18,309.13 / 18,267.22
NetIncome / -23,524.62 / -18,960.20

INvestment summary

Page 1