Y OFFICERS ASSOCIATION OF AMERICA

SUMMARY OF FINANCIAL OPERATIONS

For the Year Ended Dec. 31, 2009

($000)

Beginning Net Assets Revenues Expenses

$89,585

38,131 21,002

Changes in Unrestricted Net Assets Increases to Restricted Assets

Ending Net Assets

17,129 7,505

$114,219

STATEMENT OF FINANCIAL POSITION

As of Dec. 31, 2009

($000)

ASSETS

Cash

Receivables Prepaid

Beneficial Interests in Trusts Loans to Students Investments

Property and Equipment

Total Assets

LIABILITIES AND NET ASSETS

Accounts Payable

Deferred Dues Income Widows’ Trust Liability Accrued Pension Liability Split Interest Liabilities Net Assets

Total Liabilities and Net Assets

$3,537 2,921 400

4,762 36,142

126,448 2,350

$176,560

$1,295 51,982 5,543 1,114

2,407 114,219

$176,560

EXPENSES

Magazine and Website ($000) $7,413 35%

Member Services and Programs 5,481 26% Legislative Affairs Chapter Affairs

2,372

Independent Audit: The Military Officers Association of America Financial Statements for the year ended Dec. 31, 2009, were audited by the indepen- dent audit firm LarsonAllen LLP. Copies of the report have been provided to all members of MOAA’s board of directors.

The Officer Placement Service Educational Assistance

Total Expenses

11%

2,136 10% 1,811 9% 1,789 9%

$21,002 100%

REVENUES

Investment Income Membership Dues

Royalties and Other Income Advertising Income

Total Revenues

($000)

$20,333 53% 8,317 22% 6,949 18% 2,532 7%

$38,131 100%

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