fi nancialresults Investment Income


SUMMARY OF FINANCIAL OPERATIONS For the Year Ended Dec. 31, 2014


REVENUES (in thousands) Membership Dues


Royalties and Other Income Advertising Income Investment Income Total Revenues


EXPENSES Magazine and Website


Member Services and Programs Transition Services Legislative Affairs Chapter Affairs


Educational Assistance


Life Member Funding Adjustment Total Expenses


Revenues Less Expenses Membership Dues


$9,820 5,684 2,358 760


$18,622


$6,809 5,430 3,266 2,503 2,063 2,014 2,000


$24,085 ($5,463)


STATEMENT OF FINANCIAL POSITION For the Year Ended Dec. 31, 2014


ASSETS (in thousands) Cash


Receivables


Prepaid Assets Investments


Property and Equipment Total Assets


LIABILITIES AND NET ASSETS Accounts Payable


Accrued Pension Liability Deferred Income


Widows' Trust Liability Total Liabilities Net Assets


Total Liabilities and Net Assets


$3,955 1,582 493


114,100 2,083


$ 122,213


$2,042 1,003


63,832 1,439


$68,316 53,897


$122,213


EXPENSES (in thousands) Magazine and Website


$6,809 28%


Member Services and Programs 5,430 23% Transition Services Legislative Affairs Chapter Affairs


Educational Assistance Life Member Adjustment Total Expenses


3,266 14% 2,503 10% 2,063 9% 2,014 8% 2,000 8%


$24,085 100%


Independent Audit: The Military Officers Association of America Financial Statements for the year ended Dec. 31, 2014, were audited by the independent audit firm CliftonLarsonAllen LLP. Copies of the report have been provided to all members of MOAA’s board of directors.


REVENUES (in thousands) Membership Dues


$9,820 53%


Royalties and Other Income 5,684 30% Advertising Income Investment Income Total Revenues


2,358 13% 760 4%


$18,622 100% Life Member Adjustment and Website


Member Services and Programs


Magazine Chapter Affairs


Legislative Affairs


Transition Services


Advertising Income


Other Income


Royalties and


Educational Assistance


JUNE 2015 MILITARY OFFICER 71


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96