STATEMENT OF ACTIVITIES FOR THE YEAR ENDED DECEMBER 31, 2012


REVENUE Agency fees On-site reviews Conference registration fees


Merchandise sales, net of cost of goods sold of $138,983 Exhibitors’ fees


Vendor licensing fees Other income


TOTAL REVENUE EXPENSES Program services:


Agency fees and on-site reviews Conferences


Marketing and program development Total Program Services


Supporting service Management and general TOTAL EXPENSES


CHANGE IN NET ASSETS BEFORE NET INVESTMENT INCOME Net investment income


CHANGE IN NET ASSETS


NET ASSETS, BEGINNING OF YEAR NET ASSETS, END OF YEAR


1,198,811 4,833,475 145,756 180,022 325,778 880,302


$1,206,080


1,885,872 940,467 808,325


3,634,664


$2,412,978 1,494,732 871,737 137,500 38,600 19,661 4,023


4,979,231


The accompanying notes are an integral part of these financial statements. Annual Report 2012 27


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