Profit and Loss 2018

WCFA
Profit and Loss
January – December 2018
Total
Income
   Bank Income 16.11
   Dues Associate Member 450.00
   Dues Income 8,850.00
   Non-Member Record Review 20.00
   Other Income 100.00
   Records Review 5,465.00
   Remote Food Fees 575.00
   Training Income
      Field Day 2,990.00
      RT-130 30,545.00
      RT-130 Non-Member 8,645.00
      S-130/190, I-100, L-180 15,525.00
      S-131 5,360.00
      S-212 5,360.00
      S-230 Class 2,000.00
      S-290 4,250.00
   Total Training Income $          74,675.00
Total Income $          90,151.11
Gross Profit $          90,151.11
Expenses
   Administrative Expenses
      Office Expense 445.28
      PayPal Fees 2,267.05
      Quickbooks Online 497.62
      Web Hosting 360.28
   Total Administrative Expenses $            3,570.23
   Bank Fees 6.00
   Meeting Expenses
      Conference Fee 250.00
      Facility Rental 20.00
      Lodging 307.16
      Meals 302.00
      Meeting Supplies 394.68
      Milage 1,427.24
      Travel 546.07
   Total Meeting Expenses $            3,247.15
   Other Expenses
      Insurance 987.00
      Membership Dues-Other 200.00
      Romote Class Food Fee 575.00
      Third Party Inspector 160.00
   Total Other Expenses $            1,922.00
   Staff Compensation
      Participating in a Meeting 506.00
      President Salary 6,000.00
      Records Inspecting 5,340.00
      Secretary Pay 8,932.00
      Training Coordinator Pay 7,872.00
   Total Staff Compensation $          28,650.00
   Training Expenses
      Class Materials 6,749.42
      Class Supplies 2,670.40
      Equipment 596.72
      Facility Rental 100.00
      Instructors 21,022.50
      Lodging 728.28
      Meals 581.31
      Mileage 3,600.04
      Postage/Shipping 211.11
   Total Training Expenses $          36,259.78
Total Expenses $          73,655.16
Net Operating Income $          16,495.95
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