ASOCIACIÓN DE RELACIONISTAS PROFESIONALES DE PUERTO RICO FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2015
Carlos M. Rivera – Cuesta, APR – Treasurer, Board of Directors
PO Box 190056 San Juan PR 00919-0056 T. 787.728.3236 F. 787-728-1800
ASOCIACIÓN DE RELACIONISTAS PROFESIONALES DE PUERTO RICO STATEMENT OF FINANCIAL POSITION June 30, 2015
2015 ASSETS Current Assets: Cash and cash equivalents Certificate of Deposit Accounts receivable Other Current Assets
$
Total Current Assets
90,432
Other Assets Furniture and Equipment- (Net of accummulated depreciation of $3,447) TOTAL ASSETS LIABILITIES AND NET ASSETS Current liabilties Accounts payable and accrued expenses Payroll Liabilities
$
90,432
$
300 907
TOTAL LIABILITIES
1,207
Net Assets Unrestricted
89,225
TOTAL NET ASSETS TOTAL LIABILITIES AND NET ASSETS
44,499 27,376 18,330 227
89,225 $
90,432
ASOCIACIĂ“N DE RELACIONISTAS PROFESIONALES DE PUERTO RICO STATEMENT OF ACTIVITIES FOR THE FISCAL YEAR ENDED JUNE 30, 2015
Unrestricted Net Assets REVENUE Membership Dues Convention Excel Members Activities Education Program Interest Income Dividend Income Other Miscellaneous Income Unrealized Gain (Loss) on Investments TOTAL REVENUE
$
$
43,918 108,870 4,071 625 9,842 430 448 776 (110) 168,869
EXPENSES Convention
Excel
Audiovisual, Music and Entertainment $ Awards and Recognition Bad Debt Expense Bank Charge Depreciation Expense Dues and Subscriptions Employee Benefits Food and Catering Hotel Facility Insurance Membership Life Insurance Miscellaneous Expenses Other Taxes Office and Supplies Expenses Payroll Expenses Postage and Delivery Printing and Production Professional Fees Telephone Expense Travel Expenses Utilities Wages Web Assistance and Maintenance
3,675 1,112 71,424 518 450 978 776 5,318 -
$ 12,229 3,274 907 -
$
84,249
$ 17,190
Members Activities
Education
Administrative
TOTAL
$
3,855 1,358 -
$
375 5,115 -
$
4,880 3,243 17 1,621 2,593 1,951 1,921 2,125 2,100 2,403 3,685 1,208 1,068 1,000 18,683 1,775 6,858 1,500 12,407 1,682
$
20,133 3,274 4,880 3,243 17 1,621 3,705 9,331 71,424 1,921 2,125 2,100 2,403 3,685 1,726 1,518 2,757 19,459 1,775 6,858 1,500 17,725 1,682
$
5,213
$
5,490
$
72,721
$
184,862
780 -
Decrease in Net Assets
(15,993)
Net Assets, beginning of year
105,218
Net Assets, end of year
$
89,225
ASOCIACIÓN DE RELACIONISTAS PROFESIONALES DE PUERTO RICO CURRENT REVENUES COMPARED TO PRIOR YEAR FISCAL FIGURES FOR THE FISCAL YEAR ENDED JUNE 30, 2015
2015
2014
Change
$ 43,918
$ 40,765
112,941
107,665
5,276
625
450
175
Education Program
9,842
5,180
4,662
Investment Income (Loss)
1,544
(11,611)
13,155
REVENUE: Membership Dues Convention - (Include Excel) Social Events
TOTAL REVENUE
$ 168,869
$ 142,449
$
3,153
$ 26,420
ASOCIACIĂ“N DE RELACIONISTAS PROFESIONALES DE PUERTO RICO CURRENT EXPENSES COMPARED TO PRIOR YEAR FISCAL FIGURES FOR THE FISCAL YEAR ENDED JUNE 30, 2015
2015 EXPENSES: Advertising 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 Printing and Production Professional Fees Telephone Expense Travel Expenses Utilities Wages Web Assistance and Maintenance TOTAL EXPENSES
$
20,133 3,274 4,880 3,243 17 1,621 3,705 9,331 71,424 1,921 2,125 2,100 3,685 2,403 1,726 1,518 2,757 19,459 1,775 6,858 1,500 17,725 1,682
$ 184,862
$
2014
Change
5,483 17,649 3,144 6,686 2,744 200 408 1,113 2,716 4,243 47,335 1,952 1,442 2,606 860 1,342 1,986 22,114 3,034 2,034 1,500 18,300 1,372
$ (5,483) 2,484 130 (1,806) 499 (200) (390) 508 989 5,088 24,089 (31) 683 (506) 2,825 2,403 384 (468) 2,757 (2,655) (1,259) 4,825 (575) 309
$ 150,261
$ 34,602