Jan 2024 Treasurers Report.xlsx

	A	B	C	E	F	G	H	I
1		NORTHERN LIBERTIES NEIGHBORS ASSOCIATION						UPDATED 1/7/24
2		Treasurer's Report January 2024 Board Meeting
3		Actual 10/1/23 through 12/31/23 (3 months)
4		Statement of Revenue and Expenses - All Programs and Funds
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6		REVENUE	Actual YTD	Prior YTD	FY Budget	FY Budget	Notes	Explanation
7			10/1/23 - 12/31/23	10/1/22 - 12/31/22	2023-24	% to Date
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9		Community Center Ops	18,310	21,839	73,540	25%	Apartments, commercial space & community center rentals	2nd fl apartment rented mid-Oct. Down 1/2 month rent plus brokerage commission. Comm Center rent down slightly.
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11		NLNA Ops (including ED)	6,086	56,850	154,150	4%	Donations, ED PTSSD, and Misc Income	2022 includes $50K for ED not yet received for 23-24
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13		NLNA Events/Projects	21,504	9,920	278,300		All events and projects income	Includes 3 PTSSD for $3,500 plus income from playground and OpSanta. Still need to apply annual appeal funds
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15		Liberty Land	3,414	4,451	23,200	15%	Dues, user fees, grants, donations, rentals	Individual donations and rentals.
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17		TOTAL REVENUE	$49,314	$93,060	$529,190	9%
18		EXPENSES					Notes
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20		Community Center Ops	17,784	13,709	81,728	22%	Mortgage, insur, equip, repair & maint, utilities, taxes for physical property	23-24 includes painting of CC and other associated improvements and repairs
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22		NLNA Ops (includes ED)	35,155	8,885	109,300	32%	Admin support, accounting, fundraising expenses, insurance, legal, communications, equipment, food	23-24 increase due to timing of property insurance. Signed with new carrier at slightly reduced cost.
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24		NLNA Events/Projects	21,053	2,668	256,520		Event and Project Related Expenses	Cost of playground project, Op Santa and Art Star Pop up
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26		Liberty Lands	8,609	6,998	53,450	16%	Equip rentals, prof services, repair & maint, supp & mat	Trash, repairs, equipment, etc. and repairs (new sheds)
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28		TOTAL EXPENSES	$82,601	$32,260	$500,998	16%
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30		TOTAL NET INCOME	($33,287)	$60,800	$28,192
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32		Key Notes for December 2023
33	1	PTSSD approved 2nd installment of $50K for ED pending some additional information and establishment of CC office hours. Will review and fund after January board meeting
34	2	Paid interim ED for services rendered in last quarter of 22-23 budget. Still owe final payment of $8K
35	3	Paid for prep work for playground project
36	4	Net Income swing is primarily a timing issue as we have not yet received the $50K PTSSD grant for 23-24 that was received in October last year and had interim ED expenses.
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