Prepared by Rachel Everard, past IFA Treasurer

I am delighted to let you know that Shelly Jo Kraft was elected IFA Treasurer from 1 July 2017 and I am now past Treasurer.   My role is to support Shelly Jo as and when required.

I have compiled this report with Shelly Jo’s agreement as it refers to the period when I was still Treasurer.

Since the last financial report produced in October 2016, the IFA continues to remain in a healthy financial position, with an overall balance of just over 86,000 USD (as of 30 June 2017). 

The IFA’s financial year runs from January through to December and below is a summary of financial activity for the first half year of 2017, together with figures from 2016, 2015, 2014 and 2013.

Profit/Loss Statement

2013

2014

2015

2016

2017 (up to 30 June)

 

 

 

 

 

 

Income

$

$

$

$

$

Membership income

20,706.98

18,740.00

23,395.00

14,941.00

11,453.84

Income from Tours conference 2012

3,737.43

0







Income from Lisbon conference 2015

0

0

68,150.06

Donation from SFA for pre-conference workshop (Lisbon conference)





10,000

Wells Fargo Interest

0.64

2.48

2.29

4.69

2.94

Paypal debit card cash back (linked to Lisbon conference)





219.77

Total

24,446.05

18,742.48

101,767.12

14,945.69

11,456.78

 

 

 

 

 

 

Expenditure

$

$

$

$

$

Paypal processing charges for membership

602.15

549.48

696.91

462.08

355.99

Paypal reimbursements







230.00



Paypal processing charges for Lisbon conference 2015





2,075.54

Elsevier invoice 4th quarter for previous year

2,890.83

347.70

949.11

4,232.12 (for Q2, 3 & 4 2015)

12,170.92 (for Q4 2016; Q1 2017)



Elsevier invoice 1st quarter for current year

7,226.00

10,692.93

11,026.81

11,400.88 (for Q1 & 2 2016)



Elsevier invoice 2nd quarter for current year

731.38

498.37

Not yet received

See above



Elsevier invoice 3rd quarter for current year

2,434.98

1,693.49

Not yet received

See above



Donation to ISA

500.00

0







Reimbursement travel and accommodation expenses for 2015 Conference





10,992.11

Debit card payments to Marriott Hotel, Lisbon 2015





21,859.18

Other conference 2015 costs





7,053.19

Conference university costs





21,932.81

Bank charge for wireless transfer + international purchase transaction fees

15.00

0

139.96

93.00

Enquiry fee

0

2.00







Mailing costs

0

326.24

242.48





Survey monkey





26.00





Website costs







1300.00

290.00

World Congress website costs









1000.00

Payment to Japan Post Bank (for World Congress Japan 2018)









10,010.00

Contribution towards Polish workshop







1028.13



Donation to African Stuttering Research Centre







1000.00



Total

14,400.35

14,110.21

76,994.10

19,653.21

23,919.91

 

 

 

 

 

 

Net profit

10,045.70

4,632.27

24,773.02

(4,707.52)

(12,463.13)

 

NB Elsevier invoicing erratic; in 2016 we paid for quarters 2, 3 and 4 2015.


 

 

Balance statement

Assets

31 December 2013

31 December 2014

31 December 2015

31 December 2016

30 June 2017

Bank balances











Paypal

41,542.61

59,733.13

88,674.94

25,984.33

35,517.18

Wells Fargo

3,643.96

21,962.41

14,816.73

72,799.82*

50,803.84

Nordea in USD**

31,942.66









Total

77,129.23

81,695.54

103,491.67

98,784.15

86,321.02



**Nordea bank closed in January 2014 and balance transferred to Wells Fargo

*43,611.40 USD transferred from Paypal account to Wells Fargo June 2016

Translation

In preparation for the 2018 World Congress the IFA is implementing Japanese translations of some pages on the site. Choosing Japanese below to see these translations.

Not all pages are translated, but you can use Google translate to see a machine translation using the switch below

Google Translate

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