DRAFT OPEI Board Book 0625

OUTDOOR POWER EQUIPMENT INSTITUTE STATEMENT OF ACTIVITIES April 30, 2025

Projected Year-End Results

Projected vs. Budget Variance

Proj.

Annual Budget

YTD

Audited Year-end

% of

% of

'25 vs. '24

Actual FY25

FY25

FY25

FY25

FY24

EXPENSES

Bud

Bud

Market Statistics

$ 465,000

$ 287,485

$

462,667

(2,333)

$

390,073

62%

99%

119%

Annual Meeting

375,000

-

375,000

-

394,883

0%

100%

95%

(61,700)

124,667

57,114

94,300

Safety Standards

156,000

60%

76%

37%

Regulatory Committees

45,500

22,480

35,060

(10,440)

43,110

49%

77%

81%

Other Regulatory/Tech Programs CPSC- Lawnmower/Safety Education CPSC- ROV (UTV) Debris Penetration Rule

247,000 550,000 420,000

91,705 235,679 34,125 278,347

142,000 350,000 40,000 430,000

(105,000) (200,000) (380,000) 430,000

80,129

37% 43%

57% 64% 10%

177% 19% 69%

1,853,311

57,631

8%

EPA CARB SORE Wavier Challenge-(Dec Call- 250K-400K

-

Legal Counsel

70,000

38,884

48,000

(22,000)

28,478

56%

69%

169%

(24,000)

25,500

13,000

26,000

Legislative Affairs

50,000

102%

26%

52%

-

127,132 188,507 892,815

92,723 117,395 2,420,000

150,000 180,000 2,420,000

Public Relations

150,000 285,000 1,700,000

100% 63%

118% 95% 271%

62% 41%

Saving Living Landscapes/Research

(105,000) 720,000

Foundation-Turf Mutt (300K June/350K Oct./ Mar. 1.2M)

142% 35%

0%

(5,000)

2,583

3,450

5,000

Website

10,000

50%

Board of Directors

20,000

16,298

20,000

-

20,078

81%

100%

100%

OPPAA Management

98,000

84,966

111,333

13,333

107,059

87%

114%

104%

Admin. & Fin. Consultants

57,500

59,334

59,334

1,834

70,719

103%

103%

84%

Personnel & Overhead

4,213,826

2,771,840

4,124,884

(88,942)

3,902,902

66%

97%

106%

TOTAL OPERATING EXPENSES

$ 8,912,826

$ 6,624,825

$

9,073,578

$ 160,752

$ 8,309,577

74%

102%

109%

Change in Net Operating Income Before Investment Income

$ (355,930)

$ 1,690,800

$

(115,284)

$ 240,646

$

627,140

Investments

Interest/Dividend Income Interest -EXPO Sweep Unrealized Gain/(Loss) on Inv.

$ 190,000 $ 190,000

121,402 141,463 (171,146)

$

181,500 200,000

(8,500) 10,000

$

179,898 198,190 553,327 931,415

-

-

Total Investment Income

$ 380,000

$

91,719

$

381,500

$

1,500

$

24%

100%

41%

Change in Net Operating Income After Investment Income

$

266,216

$ 242,146

$ 1,558,555

$

24,070

$ 1,782,519

17%

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