March 2017 Financials

Mar Cheri Community Club

STATEMENT OF FINANCIAL POSITION

As of February 28, 2017

TOTAL

ASSETS

Checking Account                                                                 $5,732.60
Reserve (Savings) Account                                                  $20,695.03
________________________________________________________________________

Total Bank Accounts                                                             $26,427.63

 

TOTAL

REVENUE

Membership Assessments                                                    $15.00
Unapplied Cash Payment Revenue                                     $3,771.00
Uncategorized Revenue                                                        $16.00

______________________________________________________                                                       Total Revenue                                                                        $3,802.00
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GROSS PROFIT                                                                          $3,802.00

EXPENDITURES
General and Administrative                                                   $401.20
Landscape Expenses                                                                $607.73
Pool Expenses                                                                           $714.36
Professional Services                                                               $202.50
Unapplied Cash Bill Payment Expenditure                          $88.50
Utilities                                                                                       $147.33
_______________________________________________________                                                                                       Total Expenditures                                                                 $2,161.622
_______________________________________________________

NET OPERATING REVENUE                                                      $1,640.38
NET REVENUE                                                                            $1,640.38

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