$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
Grant Funding Status - as of March 31 2019
Full Year Fulfilment ($242k)
2019 Grant Campaign 60
300
50
250
40
200
30
150
20
100
10
Received To be identified
50
-
Applied Actual (Month)
Grants Received Cummings Foundation Alleluia Grant Community Foundation of NJ
Target (Month)
Date January January Janaury
Actual (Cumulative)
Target (Cumulative)
Amount ($k) $ $ $ $
Comments 40 Restricted for executive assistant 6 5 51
Grants in Process (Aplications submitted) Episcopal Grant Provident Foundation Community Foundation (CFE) OFBI Schenck Foundation Party with a Purpose Hoboken Municipal Alliance CDBG CDBG
Applied($k) $ $ $ $ $ $ $ $ $
Grants Identified (applications pending) Grant Station Foundations Center
# Opportunities Potential ($k) Comments 11 $350 TBD TBD
15 10 10 8 10 3 5 50 500
Anticiapted ($k) $ 12 $ 10 $ 5 $ 8 $ 6 $ 2 $ 5 $ 30 ? $ 77
Comments Received "authorization" to apply for $10k
Approved - to be collected May 3rd
Technology and building upgrades
Gift Funding Status - as of March 31 2019
Full Year Target ($160k)
2019 Gift Campaign 35
180 160 140 120 100 80 60 40 20 -
30 25 20 15 10 5 -
January
February March Actual (Month)
April
Gifts Received Haven Savings Network for Good Dale Kindregan Deposits M&T Charitable Foundation James Gardner Jessica Seaton & Linda Swartz Fund Merly Longval Barbara Phaire Horizon tax rebate Nicholas Deroma Iris McCort Square (via David) Robert Ferrie Diamond Mind Baleria Franqui Amazon Smiles Other donations Received through March 31 2019 Received Since April 1, 2019 The Aarts Urtecho Chartiable Fund James Garder Irs McCort Network for Good charles Jacey Truist
May June Target (Month)
Date January Various January January January January January February Various January March Various February January March February February
Amount ($) Match ($) $ 10,000 $ 7,430 $ 3,000 $ 2,700 $ 2,500 $ 1,250 $ 1,000 $ 1,000 $ 600 $ 600 $ 500 $ 400 $ 330 $ 250 $ 104 $ 10 $ 6 $ (1) $ 3,750 $ 31,679 $ 3,750 Amount ($) Match ($) $ 5,000 $ 1,250 $ 200 $ 132 $ 100 $ 91 $ 6,773 $ -
April April April April April April
Committed
Potential ($) $ 1,600 $ 2,500 $ 5,000 $ 2,000 $ Given or Got ($)
7,000 1,600 10,500
Comments Need to identify individual contributors Need to identify individual contributors
??
Need to identify individual contributors
Working to match the matches to the donors
Future Commitment ($) 2,500 1,800
$
Comments Worked by Michelle May $1,250 per quarter $200/ month for parking
4,300
Comments Committed/ Donor awaiting address/ Being worked by Michelle Garcia This contrinution is in addition to E&Y's $5k sponsorship of HoHa Committed/ Being worked by Michelle May
11,100
Past Donor Target ($)
Comments
$3k gift will be made in June;
April
Identified
July August September October November December Actual (Cumulative) Target (Cumulative)
Gifts being worked Spin for Jubile/ Soul Cycle Mothers Day Campaign E&Y Kim Lorraine
Board Give or Get ($3.5k per member) David Tornabene Ludgy Lilavois Michelle May Michelle Garcia Eric Fish Dale Kindregan Paul LoVata Laura Russell
Received To be identified
Enrollment Status - as of March 31 2019 Enrolled Students
Enrolled Students 60
40 20
January
February
March
April
May
June
Enrollment # - Actual
July
August
September
October
November
December
September
October
November
December
September
October
November
December
Enrollment # - Target
Fees per student
Fees per Student 200 150 100 50 -
January
February
March
April
May
June
$ per Enrolled Student - Actual
July
August
$ per Enrolled Student - Target
Total Enrollment $
Total Enrollment $ 8,000
6,000 4,000 2,000 January
February
March
April
May
June
Actual Enrollment Income
July
August
Target Enrollment Income
Summer Camp Enrollment Status - as of April 17 2019 Enrollment Target: To Date:
100 students 8
at
$ $
800 for a total of 750
Enrollment 65 out of 100 Enrolled & Paid
$ 80,000 $ 5,960 As at April 17 2019
Fees (Target $80k)
Per Place $810
Received
Target
$800 $790
Spaces
$780
Spaces
$770
$760 Enrolled
$750 $740 $730
$720
Commentary 65 students registered for Summer Camp as of April 17th $750 per student
Actual Enrolled
Fund Raising Status - as of March 31 2019 HoHa Event Date:
Beloved Celebration
Saturday May 11 2019 Current Status: 307 registered participants generating $9,232 in registration fees; 9 Sponsors for $19,350 TOTAL: $29k received or committed versus $25k target Target: $25k income; $11k costs for $14k contribution 3 weeks to go, more sponsors anticipated - call around required
TBD Current Status:
Target: $75k income; $25k costs for $50k contribution
Target: $75k; Running Total: $0k
Target: $25k; Running Total: $29k
Participants
Sponsors
Sponsorship
Q1 E&Y Dale Kindregan Dale Kindregan (Match) Cindy Cray Fleet Feet S&B Plumbing Varela Industries Florence Tees Haven Savings Bank All Saints Parish Makarios Consulting #
Participants/ Tickets
Adults Kids
Rate 259 $ 34 48 $ 10
RUNNING TOTAL
To be Identified
Received April Pledged Total 5,000 5,000 5,000 5,000 2,500 2,500 2,500 2,500 1,000 1,000 100 100 250 250 1,000 1,000 1,000 1,000 1,000 1,000 500 500 9,850 10,000 19,850
4,420
1,810
3,002
9,232 29,082