Treasurer’s Report September 2014

We are in a good cash position. We have $65,628 in our checking account and $18,042 receivable from the AHFC BHAP & ESG grants. The bank statement had not been reconciled at the time the reports were prepared on Friday. Also, the end of month payroll had been completed but the electronic payroll tax deposit had not been recorded.

The budget vs. actual is against the amended budget. I made an error in amendment that increased the budget for direct public support by $10,000. Even so we are 2/3 of the way through the year and are right on the inflated direct support budget (67%). Our total income is 68.5% of the budget and our total expenses are 66.7% of the budget. This gives us a net operating loss of $63,559, however, we carried over $69,107 from 2013 for opening and equipping The Door. So we are $5,548 to the good. Additionally we have received $31,847 or 79.6% of the operating transfer budget from Clearwater Counseling. The budget shows a $13,774 surplus. $10,000 is the error noted above and the $3,774 is the principle payments on the loan on 132 10.

A breakdown of the profit & loss by class is also attached. This report includes the pass-through transactions for Clearwater Counseling.

Clearwater Counseling has $20,598 in checking and receivables of $45,688 with $1,257 in liabilities. Their operating income, to include Dave’s payroll paid by FYA, is $8,548. After the transfers to FYA, CC shows a $22,384 loss for the year to date.