ACEC Annual Report - Association of Consulting Engineering ...
ACEC Annual Report - Association of Consulting Engineering ...
ACEC Annual Report - Association of Consulting Engineering ...
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THE ASSOCIATION 0F CONSULTING<br />
ENGINEERS 0F CANADA<br />
STATEMENT 0F OPERATIONS<br />
FOR THE YEAR ENDED MARCH 31, 2007<br />
REVENUE<br />
<strong>Annual</strong> <strong>Report</strong> • Rapport annuel 2006-2007<br />
2007 2006<br />
Membership dues $ 944,339 $ 822,688<br />
<strong>Association</strong> programs 35,321 52,051<br />
<strong>Association</strong> events 328,125 299.750<br />
Merchandise sales 57,079 83,065<br />
Interest 38,053 60,395<br />
1,402,917 1,317,949<br />
EXPENSES<br />
<strong>Association</strong> programs 44,687 18,629<br />
<strong>Association</strong> events 282,816 246,091<br />
Cost <strong>of</strong> merchandise 4,775 7,229<br />
Operating expenses 984,737 904,917<br />
1,317,015 1,176,866<br />
EXCESS OF REVENUE OVER EXPENSES $ 85,902 $ 141,083<br />
THE ASSOCIATION 0F CONSULTING ENGINEERS<br />
0F CANADA<br />
STATEMENT 0F CHANGES IN NET ASSETS<br />
FOR THE YEAR ENDED MARCH 31, 2007<br />
BALANCE, BEGINNING<br />
OF YEAR<br />
Excess (deficiency) <strong>of</strong> revenue<br />
over expenses<br />
Internally<br />
restricted<br />
Total<br />
as General Invested in<br />
Unrestricted Reserve Fixed Assets 2007 2006<br />
$ 504,062 $400,000 $40,028 $944,090 $803,007<br />
96,929 - (11,027) 85,902 $141,083<br />
Investment in fixed assets (6,898) - 6,898 - -<br />
Interfunds transfer (100,000) 100,000<br />
BALANCE, END OF YEAR $ 494,093 500,000 35,899 $1,029,992 $944,090<br />
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