Network of Executive Women Annual Report 2014

Page 31

Income National sponsorship 48.7%

Miscellaneous 5.9% 3

Regional sponsorship 3.6%

Regional event registration 11.8%

Membership dues 2.7%1 NEW Leadership Summit 14.7% 2

NEW Executive Leaders Forum 12.6%2

Income 2013

Assets

National sponsorship

$2,636,417

Cash – checking/savings

$3,005,068

Regional sponsorship

192,644

792,330

Membership dues

146,925

Total accounts receivable (net of allowance)

NEW Executive Leaders Forum

684,7862

Prepaid expenses

NEW Leadership Summit

797,0552

Regional event registration

641,846

Miscellaneous

317,796 3

Total

1

$5,417,469

Conference expenses Association expenses Total

$3,895,098

Property and equipment (net) Total assets

45,445 $3,940,543

Liabilities

Expenses 2013 Services, staffing and support

Total current assets

97,700

Accounts payable

$2,719,5994 2,259,323 131,0075

CHANGE IN NET ASSETS $307,540

Other current liabilities

282,0916

Total current liabilities

846,404

Unearned/deferred revenue

$5,109,929

$564,313

Total liabilities

1,456,8427 $2,303,246

Net assets Temporarily restricted net assets

$69,3308

Board designated for regional events

150,000

Unrestricted

1,417,967

$1,637,297 Total Net Assets TOTAL LIABILITIES AND NET ASSETS $3,940,543 Final unaudited summary results as of December 31, 2013. Final audited results may differ. 1.Includes individual and corporate membership dues. 2. Includes sponsorship fees. 3. Includes program-related sales, scholarship donations, interest income, currency gain/loss, other income and in-kind contributions of $252,367. 4. Includes sales, marketing, accounting, strategic planning and organizational development, regional support, public relations and advertising, education and

program development, legal services, staff salaries and benefits. 5. Insurance, depreciation, bad debt, in-kind rent, computer services, telephone and other. 6. Includes payroll liabilities, accrued payroll and vacation, credit card and sales taxes. 7. Includes unearned membership dues, sponsorship and event revenue. 8. Includes funds restricted for scholarships.

Network of Executive Women Annual Report 2013 31


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