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Lamar County Chamber of Commerce
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For the 1 Month Ended October 31, 2020 and 2019 and 1 Month Ended October 31, 2019
<br />Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
<br />by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
<br />accounting are omitted and no assurance is provided
<br />1 Month Ended
<br />1 Month Ended
<br />1 Month Ended
<br />1 Month Ended
<br />Oct 31, 2020
<br />Oct 31, 2020
<br />Oct 31, 2019
<br />Oct 31, 2019
<br />Actual
<br />Budget
<br />Actual
<br />Acute]
<br />Revenue
<br />Ambassadors
<br />$ 0.00
<br />$ 0.00
<br />$ 55.00
<br />$ 55.00
<br />Celebration
<br />8,675.00
<br />90,000.00
<br />5,240.00
<br />5,240.00
<br />Business After Five
<br />100.00
<br />100.00
<br />0.00
<br />0.00
<br />Membership Dues
<br />11,914.66
<br />10,000.00
<br />15,751.61
<br />15,751.61
<br />Rent from VCC
<br />_YYY, 1 000.00
<br />1 „000.00
<br />1„w OO.OD
<br />1,000.00
<br />Total Revenue
<br />211689.6„6
<br />21,100.0022,046-61
<br />22,046.61
<br />Operating Expenses
<br />Bank Servioe Charge
<br />11.20
<br />16.00
<br />11.20
<br />11.20
<br />Communications
<br />617.31
<br />625.00
<br />1,495.13
<br />1,495.13
<br />Office Expense
<br />213.75
<br />583.00
<br />983.51
<br />983.51
<br />Payroll Expenses
<br />13,877.66
<br />14,913.00
<br />13,709.66
<br />13,709.66
<br />Payroll Tax Expense
<br />1,057.87
<br />1,159.00
<br />1,066.23
<br />1,066.23
<br />Marketing / Advertising
<br />52.06
<br />100.00
<br />0.00
<br />0.00
<br />Bookkeeping Fees
<br />380.00
<br />375.00
<br />425.00
<br />425.00
<br />Membership Dues/Sub
<br />0.00
<br />0.00
<br />470.00
<br />470.00
<br />Electricity
<br />314.00
<br />291.00
<br />394.71
<br />394.71
<br />Water
<br />33.52
<br />29.00
<br />30.35
<br />30.35
<br />Gas
<br />51.81
<br />50.00
<br />46.79
<br />46.79
<br />Trash Removal
<br />41.29
<br />33.00
<br />37.94
<br />37.94
<br />Intown Auto/Exp Allowance
<br />563.38
<br />583.00
<br />598.10
<br />598.10
<br />Ambassadors Luncheon & Other
<br />0.00
<br />0.00
<br />236.06
<br />235.06
<br />Business After Five Exp
<br />0.00
<br />0.00
<br />745.31
<br />745.31
<br />Celebration
<br />16,875.00
<br />17,000.00
<br />23,852.97
<br />23,852.97
<br />Junior Chamber
<br />0.00
<br />0.00
<br />54.84
<br />54.84
<br />Blitz
<br />43.26
<br />50.00
<br />0.00
<br />0.00
<br />Grant Program
<br />3,031.64
<br />0.00
<br />0.00
<br />0.00
<br />Meetings & Hosting
<br />0.00
<br />0.00
<br />19.00
<br />19.00
<br />Building Repaim/Malntenance
<br />26.26
<br />25.00
<br />350.00
<br />350.00
<br />Staff Ins./Retirement
<br />1,407.29
<br />1,000.00
<br />760.28
<br />760.28
<br />Worker's Comp
<br />52.15
<br />50.00
<br />0.00
<br />0.00
<br />Long Term Disability
<br />60.47
<br />60.00
<br />39.11
<br />39.11
<br />Misc Expenses
<br />129.72
<br />150.00
<br />209.43
<br />209.43
<br />Professional Training/Travel
<br />0.00
<br />0.00
<br />688.55
<br />686.55
<br />Postage
<br />_ 110.00
<br />83.00
<br />............................ 110.00
<br />110.00
<br />Total Operating Expenses
<br />36,969.64
<br />37,175.00
<br />46 331.17
<br />46,531.17
<br />Operating Income (Loss)
<br />117,279.98
<br />_ .076.00
<br />(24284.561
<br />u__j24,284.G6
<br />Other Income
<br />Interest Income
<br />35.35
<br />115.00,
<br />56.42
<br />,_m,, 56.42
<br />Total Other Income
<br />35.35
<br />115.00
<br />56.42
<br />56.42
<br />Net Income (Loss)
<br />$ 17 244.65
<br />$ 15,960.00
<br />j 24,228.14
<br />j_24r228.14
<br />Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued
<br />by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
<br />accounting are omitted and no assurance is provided
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