acsp treasurer’s report
DESCRIPTION
ACSP Treasurer’s Report. 26 April 2014 Atlanta. Distribution of Revenues & Expenditures (7-year average, ~$560k). Revenues. Expenditures. Pay attention to conference, dues, Guide, JPER. Revenue Trend. Conference varies, JPER increasing, Dues flat. Expenditure Trend. - PowerPoint PPT PresentationTRANSCRIPT
04/19/2023
ACSP Treasurer’s Report
26 April 2014Atlanta
04/19/2023
Distribution of Revenues & Expenditures (7-year average, ~$560k)
RevenuesBase Dues
7%Capitation
9%
Conference52%
Guide9%
Administrators Conf1%
PhD Workshop1%
Journal royalties/fees17%
Everything Else4%
ExpendituresSurplus
8%
Association Management9%
JPER20%
Guide5%
Website2%
Governing Board2%
Annual Conference48%
Administrators Conf1%
Interest Groups2%
Projects2%
PhD Workshop1%
Everything Else0%
Pay attention to conference, dues, Guide, JPER
04/19/2023
Revenue Trend
Conference varies, JPER increasing, Dues flat
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14(P)0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
Everything ElseJournal royalties/feesPhD WorkshopAdministrators ConfGuideConferenceCapitationBase Dues
04/19/2023
Expenditure Trend
JPER increasing, activity mix varies
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14(P)0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
Surplus PhD Workshop Projects Interest GroupsAdministrators ConfAnnual ConferenceGoverning Board Website Guide JPERAssociation Management
04/19/2023
Net Income (Revenues – Expenditures)
Volatile revenues - steady expenditures = volatile netFY13 includes good conference & one-time JPER royalty check
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14(P)
(60,000)
(40,000)
(20,000)
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
(43,835)
(16,444)
55,337
(28,902)
31,402
71,122
126,715
84,257
04/19/2023
Ending FY Total Assets
Adequate for reserves, JPER transitions, some strategic initiatives
FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14(P)0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
199,751
271,864
333,793 314,981
350,183
418,644
550,144
639,401
04/19/2023
Finances & Investments
• Members are Clint Andrews, Barry Nocks, Susan Bradbury, Donna Dodd (ex-officio)
• Extremely conservative asset allocation• Checking account ($21k), Money market
accounts ($469k), CDs ($149k) = $639k total• F&I committee recommends changing the
investment strategy by allocating 30% of non-working capital to mutual funds ($132k).