|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 04/01/05 to 04/30/05
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
2,190.20 |
.00 |
2,190.20 |
19,230.00 |
38,550.00 |
(19,320.00) |
38,550.00 |
|
Subtotal Income |
2,190.20 |
.00 |
2,190.20 |
19,320.00 |
38,550.00 |
(19,320.00) |
38,550.00 |
|
Expenses |
|
General Administrative |
|
|
|
|
|
|
|
| 07010 |
Management Fees |
.00 |
.00 |
.00 |
200.00 |
.00 |
(200.00) |
.00 |
| 07020 |
Accounting
Fees |
200.00 |
200.00 |
.00 |
600.00 |
1,000.00 |
400.00 |
2,600.00 |
| 07160 |
Legal
Fee |
1,952.50 |
.00 |
(1,952.50) |
2,493.50 |
1,000.00 |
(1,493.95) |
2,000.00 |
| 07250 |
Bank
Charges |
.00 |
.00 |
.00 |
30.00 |
10.00 |
(20.00) |
40.00 |
| 07260 |
Postage
& Mail |
.00 |
.00 |
.00 |
492.61 |
.00 |
(492.61) |
.00 |
| 07280 |
Insurance |
.00 |
.00 |
.00 |
1,997.00 |
2,400.00 |
403.00 |
2,400.00 |
| 07320 |
Office
Supplies |
86.20 |
200.00 |
113.80 |
86.20 |
800.00 |
713.80 |
2,400.00 |
| 07400 |
Printing-Reproduction |
.00 |
.00 |
.00 |
152.79 |
.00 |
(152.79 |
.00 |
| 07420 |
Property
Taxes |
3,785.24 |
950.00 |
(2,835.24) |
3,785.24 |
950.00 |
(2,835.24) |
1,900.00 |
| 07430 |
Federal
Income Tax |
.00 |
.00 |
.00 |
.00 |
150.00 |
150.00 |
150.00 |
| 07990 |
Bad
Debt Expenses |
.00 |
.00 |
.00 |
212.60 |
.00 |
(212.60) |
.00 |
|
General & Administrative
|
6,023.94 |
1,350.00 |
(4,673.94) |
10,050.39 |
6,310.00 |
(3,740.39) |
11,490.00 |
| |
|
Common Utilities |
|
08910 |
Electricity |
404.71 |
475.00 |
70.29 |
1,618.84 |
1,900.00 |
281.16 |
5,700.00 |
|
08990 |
Telephone |
34.93 |
38.00 |
3.07 |
139.64 |
152.00 |
12.36 |
456.00 |
|
Common Utilities |
439.64 |
513.00 |
73.36 |
1,758.48 |
2,052.00 |
293.52 |
6,156.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
2,400.00 |
|
09010 |
Tree Maintenance |
1,550.00 |
.00 |
(1550.00) |
1,700.00 |
.00 |
(1,700.00) |
500.00 |
|
09021 |
Fence |
950.00 |
.00 |
(950.00) |
950.00 |
.00 |
(950.00) |
.00 |
|
Maintenance |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
.00 |
1,023.00 |
1,023.00 |
.00 |
1,023.00 |
1,023.00 |
8,866.00 |
|
09611 |
Fertilizer |
.00 |
.00 |
.00 |
.00 |
400.00 |
400.00 |
800.00 |
|
09612 |
Bed Maintenance
|
.00 |
100.00 |
100.00 |
.00 |
300.00 |
300.00 |
500.00 |
|
09613 |
Survey |
.00 |
.00 |
.00 |
293.15 |
300.00 |
6.85 |
300.00 |
|
09800 |
Snow Removal |
.00 |
.00 |
.00 |
175.00 |
1,500.00 |
1,325.00 |
2,500.00 |
|
Contract Services |
.00 |
1,123.00 |
1,123.00 |
486.15 |
3,523.00 |
3,054.85 |
12,966.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves - Unallocated |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
Reserves Contributions |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
|
Total Expenses |
8,963.58 |
2,986.00 |
(5,977.58) |
14,927.02 |
11,885.00 |
(3,042.02) |
35,512.00 |
|
Current Year Net
Income / Loss |
(6,773.38) |
(2,986.00) |
(3,787.38) |
4,302.98 |
26,665.00 |
(22,362.02) |
3,038.00 |
|