Page 8 - Meet AC 2016 Annual Report
P. 8

JAN - DEC 2016
Revenues
$8,135,550
Payroll & Benefits
$3,104,850
Marketing
$4,057,945
Convention Development Funds
$562,138
G&A
$410,617
ASSETS
CURRENT ASSETS Cash & Cash Equivalents
$990,627
Committed Cash
$523,009
Accounts Receivable
$14,445
Prepaid Expenses
$290,804
Total Current Assets $1,818,885
NONCURRENT ASSETS Computer Equipment
At Cost, Less
Accumulated Depreciation of
$31,955
Intangible Asset
$25,000
Total Noncurrent Assets
$56,955
Total Assets $ 1,875,840
LIABILITIES & NET ASSETS
CURRENT LIABILITIES Accounts Payable & Accrued Expenses
$308,551
Accrued Payroll & Related Expenses
$617,340
Refundable Advance-NJ Dept of State
$23,146
Refundable Advance-CRDA
$521,803
COMMITMENTS Unrestricted Net Assets
$405,000
Total Unrestricted Net Assets
$405,000
Total Liabilities & Net Assets $1,875,840
2016 FINANCIAL
PLAN/AUDIT/SUMMARY
8 MEET AC ANNUAL REPORT 2016


































































































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