ASOCIACIÓN DE RELACIONISTAS PROFESIONALES DE PUERTO RICO FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2016
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, 2016
2016 ASSETS Current Assets: Cash and cash equivalents Certificate of Deposit Accounts receivable Other Current Assets
$
Total Current Assets
105,287
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
$
105,287
$
1,231 969
TOTAL LIABILITIES
2,199
Net Assets Unrestricted
103,088
TOTAL NET ASSETS TOTAL LIABILITIES AND NET ASSETS
45,076 27,552 32,433 227
103,088 $
105,287
ASOCIACIÓN DE RELACIONISTAS PROFESIONALES DE PUERTO RICO STATEMENT OF ACTIVITIES FOR THE FISCAL YEAR ENDED JUNE 30, 2016
Unrestricted Net Assets REVENUE Membership Dues Convention Excel Members Activities Education Program Interest Income TOTAL REVENUE
$
$
46,690 116,959 8,875 1,466 18,018 281 192,289
EXPENSES Convention
Excel
Education
Members Activities
Administrative
TOTAL
Audiovisual, Music and Entertainment $ Awards and Recognition Bad Debt Expense Bank Charge Continued Professional Education (CPE) Fee 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
11,200 $ 4,300 1,155 44,099 535 500 6,159 5,318 -
4,201 $ 3,808 505 771 -
747 $ 7,384 963 511 446 742 4,431 -
375 $ 300 8,001 -
$ 14,025 4,314 1,391 1,732.59 593 2,083 3,113 4,094 5 3,306 801.84 93 1,000 19,158 2,399 2,403 1,500 7,976 1,989
16,523 3,808 14,025 4,314 11,684 1,391 3,850 1,909 52,100 2,083 3,113 4,094 5 3,306 1,782 1,364 1,000 26,060 2,399 2,403 1,500 17,725 1,989
$
73,265 $
9,285 $
15,224 $
8,676 $
71,975 $
178,426
Decrease in Net Assets
13,863
Net Assets, beginning of year
89,225
Net Assets, end of year
$
103,088
ASOCIACIÓN DE RELACIONISTAS PROFESIONALES DE PUERTO RICO CURRENT REVENUES COMPARED TO PRIOR YEAR FISCAL FIGURES FOR THE FISCAL YEAR ENDED JUNE 30, 2016
2016
2015
Change
$ 46,690
$ 43,918
125,834
112,941
12,893
1,466
625
841
18,018
9,842
8,176
281
1,544
(1,263)
$ 192,289
$ 168,869
REVENUE: Membership Dues Convention - (Include Excel) Members Activities - (Social Events) Education Program Investment Income (Loss) TOTAL REVENUE
$
2,772
$ 23,419
ASOCIACIÓN DE RELACIONISTAS PROFESIONALES DE PUERTO RICO CURRENT EXPENSES COMPARED TO PRIOR YEAR FISCAL FIGURES FOR THE FISCAL YEAR ENDED JUNE 30, 2016
EXPENSES: Audiovisual, Music and Entertainment Awards and Recognition Bad Debt Expense Bank Charge Continued Professional Education (CPE) Fee 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
2016
2015
Change
16,523 3,808 14,025 4,314 11,684 1,391 3,850 1,909 52,100 2,083 3,113 4,094 3,306 5 1,782 1,364 1,000 26,060 2,399 2,403 1,500 17,725 1,989
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
(3,610) 534 9,145 1,071 11,684 (17) (230) 145 (7,422) (19,324) 162 988 1,994 (379) (2,398) 56 (154) (1,757) 6,601 624 (4,455) 308
$ 178,426
$ 184,862
$ (6,436)