11:33 AM Overlook Homes Association 05/02/18 Balance Sheet Accrual Basis As of April 30, 2018 Apr 30, 18 ASSETS Current Assets Checking/Savings 10000 Wells Fargo Checking 47,327.86 10010 Contingency Fund Svngs Account 11,004.03 Total Checking/Savings 58,331.89 Accounts Receivable 11000 Accounts Receivable 6,369.77 Total Accounts Receivable 6,369.77 Total Current Assets 64,701.66 TOTAL ASSETS 64,701.66 LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 20000 Accounts Payable -7,770.80 Total Accounts Payable -7,770.80 Total Current Liabilities -7,770.80 Long Term Liabilities 27200 Other Liabilities 27210 Dues Pre-Payments Liability 6,200.00 Total 27200 Other Liabilities 6,200.00 Total Long Term Liabilities 6,200.00 Total Liabilities -1,570.80 Equity 30000 Opening Balance Equity 40,021.25 32000 Unrestricted Net Assets 26,888.45 Net Income -637.24 Total Equity 66,272.46 TOTAL LIABILITIES & EQUITY 64,701.66 Page 1
Ordinary Income/Expense Income 40000 Income 41000 Dues Income 41001 Previous FY Dues Income 1,400.00 267.74 1,132.26 522.9% 41002 Current FY Dues Income 0.00 0.00 0.00 0.0% 41003 Pre-Paid Dues income 0.00 0.00 0.00 0.0% 41999 Future FY Dues Income 0.00 0.00 0.00 0.0% 41000 Dues Income - Other 0.00 0.00 0.00 0.0% Total 41000 Dues Income 1,400.00 267.74 1,132.26 522.9% 42000 Special Assessment Income 0.00 0.00 0.00 0.0% 43000 Collections Income 43100 Collections Expense Reimbrsmnt 0.00 0.00 0.00 0.0% 43000 Collections Income - Other 0.00 0.00 0.00 0.0% Total 43000 Collections Income 0.00 0.00 0.00 0.0% 44000 Donation Income 44100 Cash Donations 0.00 0.00 0.00 0.0% 44200 In-Kind Donations 0.00 0.00 0.00 0.0% 44000 Donation Income - Other 0.00 0.00 0.00 0.0% Total 44000 Donation Income 0.00 0.00 0.00 0.0% 45000 Grant Income 0.00 0.00 0.00 0.0% 46000 Investment Income 46100 Interest Income 0.27 0.00 0.27 100.0% 46000 Investment Income - Other 0.00 0.00 0.00 0.0% Total 46000 Investment Income 0.27 0.00 0.27 100.0% 47000 Other Income 47100 Misc Fee Income 250.00 250.00 0.00 100.0% 47200 Plowing Fee Income 0.00 0.00 0.00 0.0% 47300 Gate Clicker Income 0.00 150.00-150.00 0.0% 47400 Road Use Income 0.00 0.00 0.00 0.0% 47500 Asset Sale 0.00 0.00 0.00 0.0% 47000 Other Income - Other 0.00 0.00 0.00 0.0% Total 47000 Other Income 250.00 400.00-150.00 62.5% 40000 Income - Other 0.00 0.00 0.00 0.0% Total 40000 Income 1,650.27 667.74 982.53 247.1% 49900 Uncategorized Income 0.00 0.00 0.00 0.0% Total Income 1,650.27 667.74 982.53 247.1% Page 1
Cost of Goods Sold 50000 Cost of Goods Sold 0.00 0.00 0.00 0.0% Total COGS 0.00 0.00 0.00 0.0% Gross Profit 1,650.27 667.74 982.53 247.1% Expense 60000 Expenses 61000 Administrative Expenses 61100 Association Insurance 61110 Condo Insurance 0.00 810.00-810.00 0.0% 61120 Umbrella Insurance 0.00 220.00-220.00 0.0% 61100 Association Insurance - Other 0.00 0.00 0.00 0.0% Total 61100 Association Insurance 0.00 1,030.00-1,030.00 0.0% 61200 Corporation Expenses 61210 Commission/Papers/Tax 0.00 0.00 0.00 0.0% 61220 Business/Annual Meeting Expense 0.00 200.00-200.00 0.0% 61230 Sec/Treas/Out-of-Pocket Exp 0.00 120.00-120.00 0.0% 61200 Corporation Expenses - Other 0.00 0.00 0.00 0.0% Total 61200 Corporation Expenses 0.00 320.00-320.00 0.0% 61300 Banking Fees 0.00 50.00-50.00 0.0% 61400 Legal Expenses 61410 Misc Legal 0.00 2,000.00-2,000.00 0.0% 61415 Collections Legal 0.00 0.00 0.00 0.0% 61420 Bagwell v. Velick, OHA 0.00 0.00 0.00 0.0% 61400 Legal Expenses - Other 0.00 0.00 0.00 0.0% Total 61400 Legal Expenses 0.00 2,000.00-2,000.00 0.0% 61500 Other Professional Expenses 61510 Bookkeeping 0.00 0.00 0.00 0.0% 61500 Other Professional Expenses - Other 0.00 0.00 0.00 0.0% Total 61500 Other Professional Expenses 0.00 0.00 0.00 0.0% 61000 Administrative Expenses - Other 0.00 0.00 0.00 0.0% Total 61000 Administrative Expenses 0.00 3,400.00-3,400.00 0.0% 62000 Contingency Expenses 0.00 5,000.00-5,000.00 0.0% Page 2
63000 Road / Community Asset Expenses 63100 Gate Expenses 63110 Utilities 20.16 260.00-239.84 7.8% 63120 Repairs & Service 416.69 400.00 16.69 104.2% 63130 Gate Clickers 0.00 110.00-110.00 0.0% 63140 Misc Expenses 0.00 0.00 0.00 0.0% 63100 Gate Expenses - Other 0.00 0.00 0.00 0.0% Total 63100 Gate Expenses 436.85 770.00-333.15 56.7% 63200 Snow Removal 63210 Vehicle Expenses 63211 Vehicle Registration 0.00 0.00 0.00 0.0% 63212 Vehicle Insurance 0.00 0.00 0.00 0.0% 63213 Vehicle Maintenance 0.00 0.00 0.00 0.0% 63214 Vehicle Maintenance Labor 0.00 0.00 0.00 0.0% 63215 Equipment/Parts/Accessories 0.00 0.00 0.00 0.0% 63216 Mechanic/Shop Repair 0.00 0.00 0.00 0.0% 63217 Improvements/Misc 0.00 0.00 0.00 0.0% 63210 Vehicle Expenses - Other 0.00 0.00 0.00 0.0% Total 63210 Vehicle Expenses 0.00 0.00 0.00 0.0% 63220 Road System Snow Plowing 63221 Labor 0.00 0.00 0.00 0.0% 63222 Fuel/Consumables 0.00 0.00 0.00 0.0% 63223 Contract Services 0.00 10,000.00-10,000.00 0.0% 63224 Equipment Rental 0.00 0.00 0.00 0.0% 63220 Road System Snow Plowing - Other 0.00 0.00 0.00 0.0% Total 63220 Road System Snow Plowing 0.00 10,000.00-10,000.00 0.0% 63230 Driveway Plowing 63231 Labor 0.00 0.00 0.00 0.0% 63232 Fuel/Consumables 0.00 0.00 0.00 0.0% 63233 Contract Services 0.00 0.00 0.00 0.0% 63234 Equipment Rental 0.00 0.00 0.00 0.0% 63230 Driveway Plowing - Other 0.00 0.00 0.00 0.0% Total 63230 Driveway Plowing 0.00 0.00 0.00 0.0% Page 3
63240 Scoria Spreading 63241 Labor 0.00 0.00 0.00 0.0% 63242 Fuel/Consumables 0.00 0.00 0.00 0.0% 63243 Materials / Scoria 0.00 0.00 0.00 0.0% 63244 Contract Services 0.00 0.00 0.00 0.0% 63245 Equipment Rental 0.00 0.00 0.00 0.0% 63240 Scoria Spreading - Other 0.00 0.00 0.00 0.0% Total 63240 Scoria Spreading 0.00 0.00 0.00 0.0% 63200 Snow Removal - Other 0.00 0.00 0.00 0.0% Total 63200 Snow Removal 0.00 10,000.00-10,000.00 0.0% 63300 Road Improvements 63310 Engineering Studies 0.00 0.00 0.00 0.0% 63320 Contracted Services 0.00 0.00 0.00 0.0% 63330 Equipment Rental / Services 0.00 0.00 0.00 0.0% 63340 Labor 0.00 0.00 0.00 0.0% 63350 Fuel / Consumables 0.00 0.00 0.00 0.0% 63360 Materials 0.00 0.00 0.00 0.0% 63300 Road Improvements - Other 0.00 0.00 0.00 0.0% Total 63300 Road Improvements 0.00 0.00 0.00 0.0% 63400 Road Maintenance 63410 Contracted Services 0.00 35,600.00-35,600.00 0.0% 63420 Equipment Rental / Services 0.00 0.00 0.00 0.0% 63425 Equipment Purchases 0.00 0.00 0.00 0.0% 63430 Labor / Dragging 0.00 2,400.00-2,400.00 0.0% 63440 Fuel / Consumables 0.00 0.00 0.00 0.0% 63450 Materials 0.00 0.00 0.00 0.0% 63400 Road Maintenance - Other 0.00 0.00 0.00 0.0% Total 63400 Road Maintenance 0.00 38,000.00-38,000.00 0.0% 63500 Common Area Maintenance 63510 Contracted Services 0.00 1,000.00-1,000.00 0.0% 63520 Equipment Rental / Services 0.00 500.00-500.00 0.0% 63530 Labor 0.00 0.00 0.00 0.0% 63540 Fuel / Consumables 0.00 0.00 0.00 0.0% 63550 Materials 0.00 3,600.00-3,600.00 0.0% 63500 Common Area Maintenance - Other 0.00 0.00 0.00 0.0% Total 63500 Common Area Maintenance 0.00 5,100.00-5,100.00 0.0% 63000 Road / Community Asset Expenses - Other 0.00 0.00 0.00 0.0% Total 63000 Road / Community Asset Expenses 436.85 53,870.00-53,433.15 0.8% Page 4
60000 Expenses - Other 0.00 0.00 0.00 0.0% Total 60000 Expenses 436.85 62,270.00-61,833.15 0.7% 66000 Payroll Expenses 66001 Generic Trade Expense 0.00 0.00 0.00 0.0% 66000 Payroll Expenses - Other 0.00 0.00 0.00 0.0% Total 66000 Payroll Expenses 0.00 0.00 0.00 0.0% Total Expense 436.85 62,270.00-61,833.15 0.7% Net Ordinary Income 1,213.42-61,602.26 62,815.68-2.0% Other Income/Expense Other Expense 80000 Ask My Accountant 0.00 0.00 0.00 0.0% Total Other Expense 0.00 0.00 0.00 0.0% Net Other Income 0.00 0.00 0.00 0.0% Net Income 1,213.42-61,602.26 62,815.68-2.0% Page 5
OHA Historical Net Cash Positions End of April 80,000.00 70,000.00 60,000.00 50,000.00 40,000.00 30,000.00 20,000.00 10,000.00 Pre-Paid Dues Payables Receivables Undeposited Savings Checking - (10,000.00) (20,000.00) (30,000.00) 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018