$K Actual Income Grants Gifts Enrollment Summer enrollment Fund Raising Rental NJCAP Other Total Income
-
March Budget
Variance
Actual
YTD Budget
Comments Variance
4 4 2 0 18
20 13 6 5 1 0 45
(20) (12) 1 4 (1) 2 (0) (27)
51 35 15 4 14 2 0 122
61 40 17 14 2 134
(10) (5) (2) 4 (1) 0 (12)
General & Administrative Property Fund Raising Programs Summer Programs Payroll Other Total Costs
0 9 0 1 0 17 28
3 12 1 4 34 54
3 2 1 3 (0) 16 26
8 34 1 9 2 65 117
10 35 3 12 101 162
3 1 2 4 (2) 36 45
Net Income
(10)
(9)
(0)
5
(28)
33
1 6 -
ZERO grant money received in February & March
Summer enrollment budgeted for April - July HoHa in May; Beloved Celebration in October
Costs
Other Cash Flows Family Success Center La Puerta Abierta Other Working Capital
(3) (2) (2)
24 5 (1)
Accounts Payable NJCAP Related party cash flows Other Debt Service Escrow payments Principal Payments Debt draw (repayment)
8 26 -
(29) 9 0 -
(1) (3) 10
(4) (7) 35
Cash Inflow (Outflow)
22
37
Opening Cash Balance Closing Cash Balance
52 74
37 74
Remaining line of credit
12
12
All summer program costs budgeted for May - August Need to analyze payroll savings
Note on variances: Positive numbers are good news, negative number are bad news
Timing of 2018 audit payment ($14k); payment to Jim Doyle ($8k); Timing of 401k/ Fidelity payments ($5k)
$25k drawn in February; $10k in March
Line of equity is due in full on August 31 2019