Sunscape Estates RV Park Coop.

 

Balance Sheet

 

Sep 30, 2009

ASSETS

 

 

Current Assets

 

Checking/Savings

 

1002 · BofA Operations Chking 0345

21,614.10

1010 · MONEY MARKET - SAVINGS

 

1016 · Money Mkt.

28,359.40

1020 · Great Western C D

250,000.00

1021 · B of A Risk Free C D

50,458.94

Total 1010 · MONEY MARKET - SAVINGS

328,818.34

1040 · CHANGE FUND ACCOUNTS

 

1042 · Business Office

500.00

1048 · Kitchen

100.00

1055 · Welcome Center Fund-Petty Cash

250.00

Total 1040 · CHANGE FUND ACCOUNTS

850.00

Total Checking/Savings

 

351,282.44

Accounts Receivable

 

1200 · Accounts Receivable

4,076.93

Total Accounts Receivable

 

4,076.93

Total Current Assets

 

355,359.37

TOTAL ASSETS

 

355,359.37

LIABILITIES & EQUITY

 

 

Liabilities

 

Current Liabilities

 

Other Current Liabilities

 

2100 · Payroll Liabilities

 

2101 · Federal 941 taxes payable

2,138.72

2103 · Federal Unemployment

522.54

2110 · State AZ - Witholding

317.28

2111 · State AZ Unemployment

191.67

2112 · State AZ Job Training Tax

11.98

2100 · Payroll Liabilities - Other

178.26

Total 2100 · Payroll Liabilities

3,360.45

Total Other Current Liabilities

 

3,360.45

Total Current Liabilities

 

3,360.45

Long Term Liabilities

 

2400 · RESTRICTED LIABILITIES

 

1012 · 1012 Capital Improvment

136,683.48

1014 · 1014 Contingency Account

84,847.91

1017 · Park Improvements-Comm. Complex

24,804.67

Total 2400 · RESTRICTED LIABILITIES

246,336.06

Total Long Term Liabilities

 

246,336.06

Total Liabilities

 

249,696.51

Equity

 

3000 · Opening Bal Equity

8,660.55

3900 · Retained Earnings

185,643.70

Net Income

-88,641.39

Total Equity

 

105,662.86

TOTAL LIABILITIES & EQUITY

 

355,359.37

 


 

10/05/09

Profit & Loss Budget vs. Actual

 

 

Accrual Basis

January through September 2009

 

 

 

 

Jan - Sep 09

 

Budget

Ordinary Income/Expense

 

 

 

Income

 

 

 

 

3525 · Operating Cash Carry Over

8,660.55

8,660.55

4030 · SHAREHOLDER

 

 

 

4032 · Shareholder Asses. 480@$925

441,140.00

444,000.00

4034 · Less Frz. Dues, No Asses.

0.00

-2,860.00

4036 · Shareholder Assess-480@925.00

0.00

 

 

4039 · Transfer to Capilal Reserve

-14,000.00

-14,000.00

Total 4030 · SHAREHOLDER

427,140.00

427,140.00

4040 · OPERATIONAL  INCOME

 

 

 

4010

· Activities/Entertainment Inc

5,562.44

7,000.00

4015 · Gate Cards & Mail Keys

-482.26

 

 

4041

· Rental Income Daily and Weekly

13,360.45

27,000.00

4042

· Rental Income Monthly

16,458.75

 

 

4043

· Rental Storage

5,691.08

9,000.00

4044

· Rental Vendor Room

350.00

 

 

4045

· Resale & Vendor Commissions Inc

3,577.25

7,500.00

4046

· Resale - Clickers

0.00

840.00

4050 · Office Income

2,586.92

3,000.00

4054

· Investment Interest

1,658.83

 

 

4055

· Interest & Late Fees Inc

727.73

2,500.00

4060

· Kitchen Receipts

12,351.88

17,500.00

4065

· Laundry

8,203.26

7,000.00

4070 · Propane Sales

10,285.55

20,000.00

4085

· Transfer/Inspection Fees Inc

1,390.10

2,500.00

4115 · Bingo

669.95

500.00

4120

· Memberships

66.00

 

 

4155

· Reimbursements to Co-op

2,029.37

4,500.00

4180

· Over/Short Cash

92.56

 

 

Total 4040 · OPERATIONAL  INCOME

84,579.86

 

108,840.00

Total Income

520,380.41

 

544,640.55

Gross Profit

 

520,380.41

544,640.55

Expense

 

 

 

 

6000 · COOP. OPERATIONAL EXPENSES

 

 

 

6005 · Accountant / CPA Fees

2,395.00

3,000.00

6010 · Advertising & Marketing

794.97

4,000.00

6011 · Ambassadors

72.09

284.00

6012

· Architectural Committee

630.11

760.00

6015

· Autos & Mileage Exp

392.92

2,000.00

6020

· Bank Svc/Finance Charges

1,101.43

1,000.00

6022

· Board/Annual Meetings

1,072.34

1,500.00

6025

· Fire Department

3,451.02

4,500.00

6035 · Licenses & Permits

556.87

1,500.00

6045

· Entertainment Exp

1,427.32

5,000.00

6050

· Kitchen Supplies/Food Purchases

5,566.09

8,600.00

6055

· Legal / Attorney Fees

8,847.85

10,000.00

6065

· Miscellaneous Expenses

123.21

500.00

6070

· Payroll Taxes Federal / FICA

7,890.59

10,910.00

6080

· Payroll-Worker Comp Insurance

2,224.00

2,880.00

6085

· Payroll Taxes-Fed Unemplymt

522.55

570.00

6090

· Payroll Taxes-AZ Unemployment

1,045.09

1,569.00

6095

· Office Exp & Eqt

5,139.13

7,200.00

6100 · Propane Purchases

8,193.32

16,000.00

6102

· Property Committee

68.42

300.00

6105

· Property Insurance

12,328.58

23,113.00

6111

· Medical

2,008.99

3,500.00

6112

· Safety & Security

1,264.09

500.00

6115

· Salary - Activity Director

3,150.00

5,550.00

6120

· Salary - Housekeeping

7,142.82

10,800.00

6125

· Salary - Kitchen

4,269.29

6,125.00

6130 · Salary - Maintenance

39,744.68

51,288.00

6135 · Salary - Manager

32,175.00

46,500.00

6140

· Salary - Mail Handling

5,276.25

7,020.00

6143

· Salary - Bookkeeper

7,762.50

10,350.00

6146

· Salary-Welcome Center

3,609.31

4,960.00

6150

· Sales Tax (Food, Propane)

2,088.77

3,500.00

6152

· Resale & Vendor Commissions Exp

1,181.42

4,000.00

6153

· Resale - Clickers

277.76

600.00

6159

· Supplies - Activity Office

1,186.34

3,200.00

6160

· Supplies - Buildings

2,986.37

5,000.00

 

Page 1

Sunscape Estates RV Park Coop.

 

10/05/09

Profit & Loss Budget vs. Actual

 

 

Accrual Basis

January through September 2009

 

 

 

 

Jan - Sep 09

 

Budget

6167

· Supplies Post Office

534.69

1,100.00

6168

· Supplies - Welcome Center

345.69

500.00

6175

· Taxes - Real Estate

8,939.27

18,000.00

6180

· Taxes - State Income

76.12

45.00

6192

· Payroll Taxes-Az. Job Training

65.33

80.00

6196

· Electric Rental Lot Exp

2,749.85

5,000.00

6200

· Utilities - Electric

21,065.04

27,000.00

6205

· Utilities - Natural Gas

12,481.43

18,000.00

6210

· Utilities - Telephone

3,936.02

5,000.00

6215

· Utilities - Trash

9,726.61

12,000.00

6220

· Utilities - Water

17,090.74

24,000.00

6222 · Utilities - Sewer

83,700.00

111,600.00

6225

· Volunteer Appreciation Exp

283.28

500.00

6300

· Park Maintenance

 

 

 

6320 · Coop Equipment/Tractor Etc.

3,864.31

4,450.00

6325 · Dry Well & Septic Service

5,846.02

10,000.00

6330 · Bldg & Grounds Maintenance

13,460.96

30,921.55

6331 · Maintenance Tools

1,808.71

2,000.00

6335 · Pool/Solar System

3,617.84

5,000.00

6341 · Road Repair

14,000.00

 

 

6342 · Sunscape Survey

9,617.96

 

 

6300 · Park Maintenance - Other

0.00

 

 

Total 6300 · Park Maintenance

52,215.80

52,371.55

6500

· Capital Improvements

 

 

 

6541 · Office Furniture

1,283.50

1,365.00

6547 · Welcome Center

0.00

 

 

Total 6500 · Capital Improvements

1,283.50

1,365.00

Total 6000 · COOP. OPERATIONAL EXPENSES

392,459.86

544,640.55

7080 · Reserve Funds

215,725.99

 

 

7081 · Earned Income Alocation

835.95

 

 

Total Expense

609,021.80

 

544,640.55

Net Ordinary Income

-88,641.39

 

0.00

Net Income

 

-88,641.39

 

0.00

 

 

Fund Raisers/ Donations/Activities

 

Balance Sheet

 

As of September 30, 2009

 

 

Sep 30, 09

ASSETS

 

Current Assets

 

Checking/Savings

 

1001 · FR/D/A

9,159.27

Total Checking/Savings

9,159.27

Total Current Assets

9,159.27

TOTAL ASSETS

9,159.27

LIABILITIES & EQUITY

 

Liabilities

 

Current Liabilities

 

Other Current Liabilities

 

2000 FR/D/A

 

2165 · Cancer Fund

28.60

2004 · Block Watch

163.50

2006 · Singles Club

339.00

2142 · Summer Activity Fund

190.63

2009 · Park Party Start-up Fund

3,431.10

2070 Medical - Other

72.33

2075 · Movie Night & Accessories Fund

296.26

2090 Computer Club

1,213.72

2110 Library

57.60

2120 Quilters

47.89

2130 Jammers

1,217.62

2152 · Scarlet Darlins'

1,050.75

2185 · Parade  Floats

333.15

2200 Activity Committee

656.12

Total 2000 FR/D/A

9,098.27

Total Other Current Liabilities

9,098.27

Total Current Liabilities

9,098.27

Total Liabilities

9,098.27

Equity

 

2091 · Genealogy Group

61.00

Total Equity

61.00

TOTAL LIABILITIES & EQUITY

9,159.27