4.6.1 - Financial Report

Steve Mickley
Steve Mickley
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Statement of Activities

  • The accounting for December is still in progress.
    • The income being reported is estimated to be $6170 less than the actual.
    • The expenses being reported are estimated to be $576.44 less than the actual. Plus there is an odd $3.66 credit card fee misappropriated and showing up as an individual line item.
  • A column for the Annual Budget has been added to the report.
  • Cash-flow is 600% greater than the first 6-months of last year.
  • Positive income is up to $61,000.
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Statement of Financial Position

  • We have $90,000 (or 87%) more cash-on-hand than we did this time last year. $40,00 of which can be contributed to the PPP Loan.
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