ASOCIACIÓN DE RELACIONISTAS PROFESIONALES DE PUERTO RICO FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2013
Carlos M. Rivera – Cuesta, APR – Treasurer, Board of Directors
ASOCIACIÓN DE RELACIONISTAS PROFESIONALES DE PUERTO RICO STATEMENT OF FINANCIAL POSITION June 30, 2013
2013 ASSETS Current Assets: Cash and cash equivalents Certificate of Deposit Accounts receivable - Net
$
Total Current Assets
68,721
Other Assets Furniture and Equipment- Net Investments TOTAL ASSETS LIABILITIES AND NET ASSETS Current liabilties Accounts payable and accrued expenses Payroll Liabilities
1,425 54,469 $
124,615
$
4,805 780
TOTAL LIABILITIES
5,585
Net Assets Unrestricted
119,030
TOTAL NET ASSETS TOTAL LIABILITIES AND NET ASSETS
17,457 27,009 24,255
119,030 $
124,615
ASOCIACIĂ“N DE RELACIONISTAS PROFESIONALES DE PUERTO RICO STATEMENT OF ACTIVITIES FOR THE FISCAL YEAR ENDED JUNE 30, 2013
Unrestricted Net Assets REVENUE Membership Dues Convention Excel Social Events Education Program Interest Income TOTAL REVENUE
$
$
66,700 60,386 6,170 530 60 339 134,185
EXPENSES Convention
Excel
Education
Social Events
A&G
TOTAL
Audiovisual, Music and Entertainment $ Awards and Recognition Bad Debt Expense Bank Charge Contribution Depreciation Expense Dues and Subscriptions Employee Allowance Food and Catering Hotel Facility Insurance Membership Life Insurance Miscellaneous Expenses Office and Supplies Expenses Other Taxes Payroll Expenses Postage and Delivery Professional Fees Rent Telephone Expense Travel Expenses Utilities Wages Web Assistance and Maintenance Interest Expense Net Unrealized Loss on Investments
20,703 12,000 962 576 1,500 -
$
1,450 5,916 2,240 -
$
122 150 -
$
400 4,016 -
$
51 6,670 1,817 488 408 1,044 1,100 740 259 1,871 537 1,868 35 482 135 19,178 2,553 1,201 1,625 3,750 1,272 873 531
$
1,901 5,916 6,670 1,817 488 408 1,044 1,100 27,821 12,000 259 1,871 1,499 1,868 35 482 711 20,678 150 2,553 1,201 1,625 3,750 1,272 873 531
$
35,741
$
9,606
$
272
$
4,416
$ 48,488
$
98,523
Increase in Net Assets
35,662
Net Assets, beginning of year
83,368
Net Assets, end of year
$
119,030
ASOCIACIÓN DE RELACIONISTAS PROFESIONALES DE PUERTO RICO CURRENT REVENUES COMPARED TO PRIOR YEAR FISCAL FIGURES FOR THE FISCAL YEAR ENDED JUNE 30, 2013
2013
2012
Change
$ 66,700
$ 52,950
$ 13,750
66,556
66,565
530
380
60
1,890
339
229
110
$ 134,185
$ 122,014
$ 12,171
REVENUE: Membership Dues Convention - (Include Excel) Social Events Education Program Interest Income and Other TOTAL REVENUE
(9) 150 (1,830)
ASOCIACIĂ“N DE RELACIONISTAS PROFESIONALES DE PUERTO RICO CURRENT EXPENSES COMPARED TO PRIOR YEAR FISCAL FIGURES FOR THE FISCAL YEAR ENDED JUNE 30, 2013
2012
Change
1,901 5,916 6,670 1,817 488 408 1,044 1,100 27,821 12,000 259 1,871 1,499 1,868 35 482 711 20,678 150 2,553 1,201 1,625 3,750 1,272 873 531
$ 11,620 5,817 2,032 716 1,057 42,365 2,036 1,192 547 3,244 1,264 19,302 2,854 3,333 -
$ (9,719) 99 6,670 (215) 488 (308) 1,044 (1,057) 1,100 (14,544) 9,964 (933) 1,871 952 (1,376) 35 482 (553) 1,376 150 (301) 1,201 1,625 3,750 (2,061) 873 531
$ 98,523
$ 97,379
$ 1,144
2013 EXPENSES: Audiovisual, Music and Entertainment Awards and Recognition Bad Debt Expense Bank Charge Contribution Depreciation Expense Dues and Subscriptions Educational and Professional Development Employee Allowance Food and Catering Hotel Facility Insurance Membership Life Insurance Miscellaneous Expenses Office and Supplies Expenses Other Taxes Payroll Expenses Postage and Delivery Professional Fees Rent Telephone Expense Travel Expenses Utilities Wages Web Assistance and Maintenance Interest Expense Net Unrealized Loss on Investments TOTAL EXPENSES
$