DRAFT OPEI Board Book 0625

FY26 PROPOSED BUDGET (September 2025-August 2026) FY 2024/2025 YEAR-END PROJECTION- Consolidated with Equip Expo

CURRENT YEAR

FY25-BUDGET FY25-PROJECTION

8,556,896 (8,912,826)

8,958,294 (9,073,578)

INCOME

EXPENSES (w/additional approvals)

NET

(355,930) 380,000

(115,284) 381,500 266,216

Interest/Divided/Sweep

24,070

TOTAL Change In Net Assets

Before Gains (loss) on LT Investments

Overview -Current Year:

• This year, we had one new regular member and three prorated members, and one regular member and eight associate members dropped. Last year, we had two new regular members and nine new associate members. • The 2024 trade show was the third under in-house management achieving sold out expanded exhibit space and reaching 2 8,5 00 attendees. We achieved the budget net (details addressed under the April Statement section) . The format of the show was designed to enhance the show experience, by expanding the show space to the West Wing, offering entertainment, more sponsorship opportunities, and educational programs and speakers. • Board approved an additional $350,000 for TurfMutt and then another $1,200,000 for the 2025/2026 production year , which required $720,000 to be funded in FY25. The board also approved funding to address the EPA wavier challenge. • The 2025 Annual Meeting will be held at Stein Eriksen Lodge Deer Valley in Park City, UT , and is looking to have a good attendance with about 145 attendees. As of April 30, 2025, the investment balance is $91,719 including the Expo sweep account and Gains/Losses on the Long-Term investments. Last year, Investment balance was $437,976.

FY 2025/2026 YEAR PROPOSED BUDGET -Consolidated with Equip Expo

PROPOSED BUDGET

FY26-BUDGET

FY25-BUDGET

FY25-PROJECTION

INCOME

8,885,640

8,556,896

8,958,294

EXPENSES

(8,755,922)

(8,912,826)

(9,073,578)

NET

129,718 385,000

(355,930) 380,000

(115,284) 381,500

INVESTMENTS

TOTAL Change In Net Assets- Before LT Investments

514,718

24,070

266,216

- Gains (Losses)

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