Assets
2018
2017
2016
Assets
Cash
2018
$494,209
2017
$995,552
2016
$497,361
Assets
Prepaid Expenses and Taxes
2018
$42,557
2017
$11,294
2016
$14,249
Assets
Investments
2018
$21,000
2017
$21,000
2016
$21,000
Assets
Cash Surrender Value of Insurance
2018
$78,735
2017
$78,180
2016
$76,429
Assets
Marketable Securities available for sale
2018
$527,441
2017
$199,523
2016
$384,888
Assets
Property and Equipment, Net of Depreciation
2018
$495,134
2017
$573,548
2016
$590,633
Assets
Total Assets
2018
$1,659,076
2017
$1,879,096
2016
$1,584,560
Liabilities and Net Assets
2018
2017
2016
Liabilities and Net Assets
LIABILITIES
2018
2017
2016
Liabilities and Net Assets
Accounts and Taxes Payable
2018
$60,602
2017
$80,846
2016
$45,975
Liabilities and Net Assets
Unearned Revenue
2018
$52,250
2017
$57,200
2016
$36,000
Liabilities and Net Assets
Income Taxes Payable
2018
--
2017
--
2016
--
Liabilities and Net Assets
Notes Payable
2018
--
2017
$6,655
2016
$6,655
Liabilities and Net Assets
Deferred Compensation
2018
--
2017
--
2016
$184,645
Liabilities and Net Assets
TOTAL LIABILITIES
2018
$112,852
2017
$144,701
2016
$273,275
Liabilities and Net Assets
2018
2017
2016
Liabilities and Net Assets
NET ASSETS
2018
2017
2016
Liabilities and Net Assets
Unrestricted
Undesignated
2018
$1,408,466
2017
$1,578,652
2016
$1,154,193
Liabilities and Net Assets
Designated
Scholarship
2018
$137,758
2017
$155,745
2016
$157,091
Liabilities and Net Assets
Net Assets
2018
$1,546,224
2017
$1,734,396
2016
$1,311,284
Liabilities and Net Assets
TOTAL LIABILITIES AND NET ASSETS
2018
$1,659,076
2017
$1,879,097
2016
$1,584,560
Revenues
2018
2017
2016
Revenues
Membership Investment
2018
$259,715
2017
$246,715
2016
$259,316
Revenues
Member Services, Convention and Other
2018
$498,971
2017
$1,064,619
2016
$631,267
Revenues
Contract Services
2018
$647,000
2017
$705,375
2016
$802,500
Revenues
TOTAL INCOME
2018
$1,405,686
2017
$2,016,709
2016
$1,693,083
Expenses
2018
2017
2016
Expenses
Member Services, Conventions, Legislative and Other
2018
$678,236
2017
$690,502
2016
$664,400
Expenses
Support Services
2018
$915,622
2017
$903,096
2016
$906,299
Expenses
TOTAL OPERATING EXPENSES
2018
$1,593,858
2017
$1,593,598
2016
$1,570,699
Expenses
Increase (Decrease) on Net Assets before Taxes
2018
($188,171)
2017
$423,111
2016
$122,383
Expenses
Income Taxes
2018
--
2017
--
2016
--
Expenses
Net Increase (Decrease) after Taxes
2018
($188,171)
2017
$423,111
2016
$122,383
2018 Midwest Management Solutions, Inc. Annual Report
Assets
2018
2017
2016
Assets
Cash/Other Receivables
2018
$44,847
2017
$40,681
2016
$28,346
Assets
Prepaid Expenses
2018
--
2017
--
2016
--
Assets
TOTAL ASSETS
2018
$44,847
2017
$40,681
2016
$28,346
Liabilities and Equity
2018
2017
2016
Liabilities and Equity
LIABILITIES
2018
2017
2016
Liabilities and Equity
Accounts Payable
2018
$45,023
2017
$45,023
2016
$43,023
Liabilities and Equity
Income Tax Payable
2018
--
2017
--
2016
--
Liabilities and Equity
Total Liabilities
2018
$45,023
2017
$45,023
2016
$43,023
Liabilities and Net Assets
2018
2017
2016
Liabilities and Net Assets
EQUITY
2018
2017
2016
Liabilities and Net Assets
Common Stock
2018
$5,000
2017
$5,000
2016
$5,000
Liabilities and Net Assets
Retained Earnings
2018
($5,176)
2017
($9,343)
2016
($19,678)
Liabilities and Net Assets
Total Equity
2018
($176)
2017
($4,343)
2016
($14,678)
Liabilities and Net Assets
TOTAL LIABILITIES & EQUITY
2018
$44,847
2017
$40,681
2016
$28,345
Revenues
2018
2017
2016
Revenues
Renew Kansas
2018
$140,000
2017
$140,000
2016
$140,000
Revenues
Seaboard Foods
2018
$24,000
2017
$24,000
2016
$24,000
Revenues
Kansas Veterinary Medical Association
2018
--
2017
$59,375
2016
$142,500
Revenues
Mechanical Contractors Association of Kansas
2018
$6,000
2017
$6,000
2016
$6,000
Revenues
Reimbursed Expenses
2018
--
2017
--
2016
--
Revenues
TOTAL INCOME
2018
$170,000
2017
$229,375
2016
$312,500
Expenses
2018
2017
2016
Expenses
Administrative
2018
$164,345
2017
$217,486
2016
$301,799
Expenses
Seaboard Foods
2018
$139
2017
$220
2016
$205
Expenses
Kansas Veterinary Medical Association
2018
--
2017
$54
2016
$1,118
Expenses
Mechanical Contractors Association of Kansas
2018
$1,349
2017
--
2016
--
Expenses
Renew Kansas
2018
--
2017
$1,280
2016
$1,429
Expenses
TOTAL OPERATING EXPENSES
2018
$165,833
2017
$219,040
2016
$304,551
Expenses
Income (Loss) before Taxes
2018
$4,167
2017
$10,335
2016
$7,949
Expenses
Income Taxes
2018
--
2017
--
2016
--
Expenses
Net Income (Loss) after Taxes
2018
$4,167
2017
$10,335
2016
$7,949