|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
2,502.12 |
.00 |
2,502.12 |
24,095.20 |
38,550.00 |
(14,454.80) |
38,550.00 |
| 06351 |
Filing
Fees |
135.00 |
.00 |
135.00 |
135.00 |
.00 |
135.00 |
.00 |
| 06380 |
Owner
Admin- Fees |
150.00 |
.00 |
150.00 |
150.00 |
.00 |
150.00 |
.00 |
|
Subtotal Income |
2,787.12 |
.00 |
2,787.12 |
24,380.20 |
38,550.00 |
(14,169.80) |
38,550.00 |
|
Expenses |
|
General Administrative |
| 07010 |
Management Fees |
.00 |
.00 |
.00 |
200.00 |
.00 |
(200.00) |
.00 |
| 07020 |
Accounting Fees |
.00 |
200.00 |
200.000 |
800.00 |
1,400.00 |
600.00 |
2,600.00 |
| 07160 |
Legal
Fee |
41.00 |
500.00 |
459.00 |
2,534.95 |
1,500.00 |
(1,034.95) |
2,000.00 |
| 070250 |
Bank
Charges |
.00 |
.00 |
.00 |
.50.00 |
10.00 |
(40.00) |
40.00 |
| 07260 |
Postage
& Mail |
.00 |
.00 |
.00 |
492.61 |
.00 |
(492.61) |
.00 |
| 07320 |
Office
Supplies |
151.66 |
200.00 |
48.34 |
403.43 |
1,200.00 |
796.57 |
2,400.00 |
| 07325 |
Website |
167.400 |
.00 |
(167.40) |
167.40 |
.00 |
(167.40) |
.00 |
| 07400 |
Printing-Reproduction |
.00 |
.00 |
.00 |
152.79 |
.00 |
(152.79) |
.00 |
| 07420 |
Property Taxes |
.00 |
.00 |
.00 |
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 |
| 07431 |
Community Events |
.00 |
.00 |
.00 |
92.00 |
.00 |
(92.00) |
.00 |
| 07990 |
Bad
Debt Expenses |
976.95 |
.00 |
(976.95) |
1,254.51 |
.00 |
(1,254.51) |
.00 |
|
General & Administrative
|
1,337.01 |
900.00 |
(437.01) |
11,929.93 |
7,610.00 |
(4,319.93) |
11,490.00 |
| |
|
Common Utilities |
|
08910 |
Electricity |
404.71 |
475.00 |
70.29 |
2,428.26 |
2,850.00 |
421.74 |
5,700.00 |
|
08990 |
Telephone |
.00 |
38.00 |
38.00 |
150.00 |
228.00 |
77.60 |
456.00 |
|
Common Utilities |
404.71 |
513.00 |
108.29 |
2,578.66 |
3,078.00 |
499.34 |
6,156.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
.00 |
.00 |
.00 |
1,489.30 |
2,400.00 |
910.70 |
2,400.00 |
|
09010 |
Tree Maintenance |
.00 |
500.00 |
500.00 |
1,700.00 |
500.00 |
(1,200.00) |
500.00 |
|
09021 |
Fence |
3,734.45 |
0.00 |
(3,234.45) |
7,873.75 |
0.00 |
(4,973.75) |
0.00 |
|
Maintenance |
3,734.45 |
500.00 |
(3,234.45) |
7,873.75 |
2,900.00 |
(4,973.75) |
2,900.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
1,185.00 |
1,364.00 |
179.00 |
2,378.50 |
3,751.00 |
1,372.50 |
8,866.00 |
|
09611 |
Fertilizer |
.00 |
.00 |
.00 |
.00 |
400.00 |
400.00 |
800.00 |
|
09612 |
Bed Maintenance
|
.00 |
.00 |
.00 |
.00 |
300.00 |
300.00 |
500.00 |
|
09613 |
Survey |
.00 |
.00 |
.00 |
293.15 |
300.00 |
6.95 |
300.00 |
|
09800 |
Snow Removal |
.00 |
.00 |
.00 |
175.00 |
1,500.00 |
1,325.00 |
2,500 |
|
Contract Services |
1,185.00 |
1,364.00 |
179.00 |
2,846.65 |
6,251.00 |
3,404.35 |
12,966.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
2,000.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
6,661.17 |
3,277.00 |
(3,384.17) |
25,228.99 |
19,839.00 |
(5,389.99) |
35,512.00 |
|
Current Year Net
Income / Loss |
(3,874.05) |
(3,277.00) |
(597.05) |
(848.79) |
18,711.00 |
(19.559.79) |
3,038.00 |
|