Financials

Financials

Statements of Financial Positions

December 3120172016
Total assets$ 11,527,223$ 9,208,963
Assets
Cash and cash equivalents$ 2,356,018$ 1,823,529
Investments$ 8,066,348$ 6,449,333
Accounts receivable$ 315,997$ 236,003
Prepaid expenses$ 206,730$ 172,945
Intangible assets$ 405,000$ 405,000
Deposits$ 24,187$ 24,187
Property and equipment$ 152,943$ 97,966

December 3120172016
Total liabilities and net assets$ 11,527,223$ 9,208,963
Liabilities and Net Assets
Liabilities
Accounts payable and accrued expenses$ 311,446$ 214,367
Deferred revenue$ 564,502$ 625,716
Total liabilities$ 875,948$ 840,083
Net assets - unrestricted$ 10,651,275$ 8,368,880

Statements of Activities

Year Ended December 3120172016
Total$ 7,354,158$ 6,857,925
Revenue
Sponsorships$ 5,792,948$ 5,601,391
Membership dues$ 888,973$ 744,576
Participation fees$ 322,778$ 270,432
Interest and dividends$ 309,575$ 203,149
Other income$ 28,864$ 30,561
Document sales$ 11,020$ 7,816

Year Ended December 3120172016
$ 5,674,178$ 5,680,190
Expense
Salaries and related$ 1,864,447$ 1,797,434
Meetings, speakers and rentals$ 1,150,099$ 1,138,106
Outside services$ 557,695$ 642,942
Rent, assessments and parking$ 324,513$ 339,659
Insurance$ 287,397$ 316,333
Contributions$ 247,184$ 175,574
Recruiting and incentives$ 168,975$ 154,973
Web development, hosting and support$ 152,554$ 181,587
Payroll taxes and administration$ 143,621$ 143,346
Printing and advertising$ 104,472$ 130,447
Retirement contributions$ 100,590$ 110,645
Dues and subscriptions$ 96,566$ 74,314
Bank and merchant fees$ 72,647$ 67,665
Depreciation and amortization$ 71,204$ 97,627
Travel$ 68,940$ 80,181
Resources$ 63,180$ 35,687
Stationery and supplies$ 49,204$ 43,045
Training$ 43,995$ 48,235
Computer hardware, software and services$ 28,471$ 30,909
Phone and fax$ 28,384$ 26,068
Equipment purchase, rental, and service$ 26,293$ 23,793
Miscellaneous fees and expenses$ 19,956$ 17,762
Postage, express mail and messenger$ 3,599$ 3,760
Sales and use tax$ 192$ 98

Net assets, end of year$ 10,651,275$ 8,368,880
Change in net assets before investments gains$ 1,679,980$ 1,177,735
Net gain on investments$ 602,415$140,540
Change in net assets$ 2,282,395$ 1,318,275
Net assets, beginning of year$ 8,368,880$ 7,050,605

Security Industry Association 2016 Annual Report

SIA 2017 Annual Report