Budget Variance for Finance Meeting - 31 Mar 2024
Budget Variance | |||||||||
OIAA, Inc. | |||||||||
For the month ended March 31, 2024 | |||||||||
Account | Mar 2024 | Mar 2024 Overall Budget | Variance | Variance % | Jan-Mar 2024 | Jan-Mar 2024 Overall Budget | Variance | Variance % | |
Revenue | |||||||||
7th Tradition – Group | 5,374.58 | 4,500.00 | 874.58 | 19.44% | 20,057.92 | 18,000.00 | 2,057.92 | 11.43% | |
7th Tradition – Individual | 571.02 | 500.00 | 71.02 | 14.20% | 1,767.02 | 2,000.00 | (232.98) | -11.65% | |
Total Revenue | 5,945.60 | 5,000.00 | 945.60 | 18.91% | 21,824.94 | 20,000.00 | 1,824.94 | 9.12% | |
Gross Profit | 5,945.60 | 5,000.00 | 945.60 | 18.91% | 21,824.94 | 20,000.00 | 1,824.94 | 9.12% | |
Operating Expenses | |||||||||
Administrative | |||||||||
Insurance | 0.00 | 0.00 | 0.00 | 0.00% | 0.00 | 1,099.00 | (1,099.00) | -100.00% | |
Mailing/Postage/Printing | 0.00 | 0.00 | 0.00 | 0.00% | 150.00 | 250.00 | (100.00) | -40.00% | |
Organizational Fees | 0.00 | 500.00 | (500.00) | -100.00% | 33.00 | 1,727.00 | (1,694.00) | -98.09% | |
Paypal Fees | 115.10 | 150.00 | (34.90) | -23.27% | 411.10 | 600.00 | (188.90) | -31.48% | |
Professional Fees | 42.00 | 42.00 | 0.00 | 0.00% | 154.70 | 126.00 | 28.70 | 22.78% | |
Stripe Fees | 46.33 | 0.00 | 46.33 | 0.00% | 185.21 | 0.00 | 185.21 | 0.00% | |
Total Administrative | 203.43 | 692.00 | (488.57) | -70.60% | 934.01 | 3,802.00 | (2,867.99) | -75.43% | |
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 | 600.00 | (600.00) | -100.00% | |
Tech Special Worker | 1,740.00 | 2,500.00 | (760.00) | -30.40% | 5,485.71 | 7,500.00 | (2,014.29) | -26.86% | |
Translation Assembly/Board | 510.35 | 1,040.00 | (529.65) | -50.93% | 753.70 | 3,900.00 | (3,146.30) | -80.67% | |
Translation IGR Forum | 0.00 | 0.00 | 0.00 | 0.00% | 560.00 | 1,040.00 | (480.00) | -46.15% | |
Translation Unity meetings | 291.08 | 563.00 | (271.92) | -48.30% | 525.78 | 1,689.00 | (1,163.22) | -68.87% | |
Total Special Workers | 2,541.43 | 4,303.00 | (1,761.57) | -40.94% | 7,325.19 | 14,729.00 | (7,403.81) | -50.27% | |
Technology | |||||||||
Other Technology | 0.00 | 2,500.00 | (2,500.00) | -100.00% | 0.00 | 2,500.00 | (2,500.00) | -100.00% | |
Video Conferencing | 50.00 | 182.00 | (132.00) | -72.53% | 177.39 | 553.00 | (375.61) | -67.92% | |
Website Hosting/Management | 390.06 | 595.00 | (204.94) | -34.44% | 1,577.60 | 1,785.00 | (207.40) | -11.62% | |
Total Technology | 440.06 | 3,277.00 | (2,836.94) | -86.57% | 1,754.99 | 4,838.00 | (3,083.01) | -63.72% | |
Total Operating Expenses | 3,184.92 | 8,272.00 | (5,087.08) | -61.50% | 12,056.12 | 23,369.00 | (11,312.88) | -48.41% | |
Operating Income / (Loss) | 2,760.68 | (3,272.00) | 6,032.68 | 184.37% | 9,768.82 | (3,369.00) | 13,137.82 | 389.96% | |
Other Income and Expense | |||||||||
Other Income | 0.04 | 0.00 | 0.04 | 0.00% | 0.14 | 0.00 | 0.14 | 0.00% | |
Total Other Income and Expense | 0.04 | 0.00 | 0.04 | 0.00% | 0.14 | 0.00 | 0.14 | 0.00% | |
Net Income / (Loss) | 2,760.72 | (3,272.00) | 6,032.72 | 184.37% | 9,768.96 | (3,369.00) | 13,137.96 | 389.97% |