Budget Variance for Finance Meeting - 29 Feb 2024
Budget Variance | |||||||||
OIAA, Inc. | |||||||||
For the month ended February 29, 2024 | |||||||||
Account | Feb 2024 | Feb 2024 Overall Budget | Variance | Variance % | Jan-Feb 2024 | Jan-Feb 2024 Overall Budget | Variance | Variance % | |
Revenue | |||||||||
7th Tradition – Group | 6,804.42 | 6,750.00 | 54.42 | 0.81% | 14,683.34 | 13,500.00 | 1,183.34 | 8.77% | |
7th Tradition – Individual | 616.00 | 750.00 | (134.00) | -17.87% | 1,196.00 | 1,500.00 | (304.00) | -20.27% | |
Total Revenue | 7,420.42 | 7,500.00 | (79.58) | -1.06% | 15,879.34 | 15,000.00 | 879.34 | 5.86% | |
Gross Profit | 7,420.42 | 7,500.00 | (79.58) | -1.06% | 15,879.34 | 15,000.00 | 879.34 | 5.86% | |
Operating Expenses | |||||||||
Administrative | |||||||||
Insurance | 0.00 | 1,099.00 | (1,099.00) | -100.00% | 0.00 | 1,099.00 | (1,099.00) | -100.00% | |
Mailing/Postage/Printing | 150.00 | 0.00 | 150.00 | 0.00% | 150.00 | 250.00 | (100.00) | -40.00% | |
Organizational Fees | 0.00 | 500.00 | (500.00) | -100.00% | 33.00 | 1,227.00 | (1,194.00) | -97.31% | |
Paypal Fees | 82.40 | 225.00 | (142.60) | -63.38% | 296.00 | 450.00 | (154.00) | -34.22% | |
Professional Fees | 42.00 | 42.00 | 0.00 | 0.00% | 112.70 | 84.00 | 28.70 | 34.17% | |
Stripe Fees | 136.03 | 0.00 | 136.03 | 0.00% | 138.88 | 0.00 | 138.88 | 0.00% | |
Total Administrative | 410.43 | 1,866.00 | (1,455.57) | -78.00% | 730.58 | 3,110.00 | (2,379.42) | -76.51% | |
Events | |||||||||
Convention – Unity | 0.00 | 0.00 | 0.00 | 0.00% | 2,041.93 | 0.00 | 2,041.93 | 0.00% | |
Total Events | 0.00 | 0.00 | 0.00 | 0.00% | 2,041.93 | 0.00 | 2,041.93 | 0.00% | |
Special Workers | |||||||||
Accounting/Bookkeeping | 0.00 | 200.00 | (200.00) | -100.00% | 0.00 | 400.00 | (400.00) | -100.00% | |
Tech Special Worker | 2,280.00 | 2,500.00 | (220.00) | -8.80% | 3,745.71 | 5,000.00 | (1,254.29) | -25.09% | |
Translation Assembly/Board | 243.35 | 1,820.00 | (1,576.65) | -86.63% | 243.35 | 2,860.00 | (2,616.65) | -91.49% | |
Translation IGR Forum | 280.00 | 0.00 | 280.00 | 0.00% | 560.00 | 1,040.00 | (480.00) | -46.15% | |
Translation Unity meetings | 234.70 | 563.00 | (328.30) | -58.31% | 234.70 | 1,126.00 | (891.30) | -79.16% | |
Total Special Workers | 3,038.05 | 5,083.00 | (2,044.95) | -40.23% | 4,783.76 | 10,426.00 | (5,642.24) | -54.12% | |
Technology | |||||||||
Video Conferencing | 77.39 | 182.00 | (104.61) | -57.48% | 127.39 | 371.00 | (243.61) | -65.66% | |
Website Hosting/Management | 555.52 | 595.00 | (39.48) | -6.64% | 1,187.54 | 1,190.00 | (2.46) | -0.21% | |
Total Technology | 632.91 | 777.00 | (144.09) | -18.54% | 1,314.93 | 1,561.00 | (246.07) | -15.76% | |
Total Operating Expenses | 4,081.39 | 7,726.00 | (3,644.61) | -47.17% | 8,871.20 | 15,097.00 | (6,225.80) | -41.24% | |
Operating Income / (Loss) | 3,339.03 | (226.00) | 3,565.03 | 1577.45% | 7,008.14 | (97.00) | 7,105.14 | 7324.89% | |
Other Income and Expense | |||||||||
Other Income | 0.05 | 0.00 | 0.05 | 0.00% | 0.10 | 0.00 | 0.10 | 0.00% | |
Total Other Income and Expense | 0.05 | 0.00 | 0.05 | 0.00% | 0.10 | 0.00 | 0.10 | 0.00% | |
Net Income / (Loss) | 3,339.08 | (226.00) | 3,565.08 | 1577.47% | 7,008.24 | (97.00) | 7,105.24 | 7324.99% |