Statement of Activities


STATEMENT OF ACTIVITIES

PPI demonstrated sound fiscal management and accountability measures in 2014, as demonstrated by the audit completed as of December 31, 2014 by Good & Fowler, LLP.  The Statement of Activities reflects a total Revenue and Support of $1,912,004, or an increase of $23,140 or 1.2% from prior year.  Total Expenses were $1,916,502, or a decrease of $40,834 or 2% from prior year.  The total change in net assets is a difference of $4,498, an improvement of 93% over the prior year. 

 
 

Chart A: 2014 Revenue Sources

Chart B: 2014 Expense Allocation

 

Statement of Activities

For the Year Ended December 31, 2014
With Comparative Totals (USD) for the Year Ended December 31, 2013

2014 2013
REVENUE (Chart A)
     Membership Dues 1,496,774 1,537,025
     Roundtable Registration 200,140 182,455
     Asian Development Bank Grant 135,432 69,937
     PPI Executive Seminar Registration 37,550 77,000
     Investment Income 8,457 2,447
     Other Income 1,400 -
Total Revenue 1,879,753 1,868,864
SUPPORT
     Contributions 30,220 20,000
     In-Kind Donations 2,031 -
Total Support 32,251 20,000
TOTAL REVENUE & SUPPORT 1,912,004 1,888,864
EXPENSES (Chart B)
     Program Services 1,302,292 1,494,253
     Support Services 614,210 463,083
Total Expenses 1,916,502 1,957,336
CHANGE IN NET ASSETS (4,498) (68,472)
NET ASSETS AT BEGINNING OF YEAR 1,687,717 1,756,189
NET ASSETS AT END OF YEAR $1,683,219 $1,687,717

Note: The financial information presented is from the audited financial statements. Interested parties can obtain a complete copy of the audited financial statements by contacting our office.