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Love Civic Center
<br />Budget to Actual, Current Month and Prior Year Period
<br />Modified Cash Basis
<br />For the 1 Month Ended October 31, 2024 and 2023 and 1 Month Ended October 31, 2023
<br />Financial statement preparation service provided by Mainory, McNeal & Company PC, CPAs in accordance with professional standards issued
<br />by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
<br />accounting are omitted and no assurance is provided
<br />1 Month Ended
<br />1 Month Ended
<br />1 Month Ended
<br />1 Month Ended
<br />Oct 31, 2024
<br />Oct 31, 2024
<br />Oct 30, 2023
<br />Oct 31, 2023
<br />Actual
<br />Budget
<br />Actual
<br />Acutal
<br />Revenue
<br />R.V. Hook Up
<br />$ 1,979.85
<br />$ 2,000.00
<br />$ 1,350.63
<br />$ 1,350.63
<br />Rent
<br />12,324.55
<br />12,500.00
<br />6,418.80
<br />4,518.80
<br />Refunded Deposits
<br />µ_ 320.00
<br />320.00)
<br />_m__ 1 600.00)
<br />_ _2,800.00
<br />Total Revenue
<br />13,984.40
<br />14,180.00
<br />6,169.43
<br />3,069.43
<br />Operating Expenses
<br />Branding/Marketing Exp
<br />0.00
<br />0.00
<br />750.00
<br />750.00
<br />Bank Service Charge
<br />64.68
<br />42.00
<br />30.92
<br />93.09
<br />Communications
<br />433.81
<br />500.00
<br />161.02
<br />161.02
<br />Office Expense
<br />0.00
<br />333.34
<br />0.00
<br />0.00
<br />Payroll Expenses
<br />9,749.90
<br />10,000.00
<br />4,346.90
<br />8,946.58
<br />Payroll Tax Expense
<br />740.19
<br />900.00
<br />331.78
<br />684.32
<br />Marketing / Advertising
<br />0.00
<br />0.00
<br />0.00
<br />247.50
<br />Bookkeeping
<br />704.17
<br />583.34
<br />450.75
<br />450.75
<br />Electricity
<br />4,584.36
<br />4,000.00
<br />607.52
<br />607.52
<br />Water
<br />1,613.04
<br />750.00
<br />1,819.85
<br />1,819.85
<br />Gas
<br />128.80
<br />128.00
<br />124.55
<br />124.55
<br />Trash Disposal
<br />0.00
<br />541.67
<br />0.00
<br />391.97
<br />Intown Auto Exp Allowance
<br />250.00
<br />250.00
<br />125.00
<br />250.00
<br />Building Maint./Spls/Equip
<br />3,048.31
<br />3,000.00
<br />26,249.00
<br />38,757.44
<br />Security
<br />58.95
<br />416.67
<br />58.95
<br />58.95
<br />Staff Ins./Retirement
<br />668.03
<br />833.34
<br />517.76
<br />719.80
<br />Workers Comp. Insurance
<br />441.43
<br />445.00
<br />0.00
<br />0.00
<br />Misc Expenses
<br />46.95
<br />50.00
<br />0.00
<br />232.48
<br />Ground Maintenance
<br />640.00
<br />1,125.00
<br />820.00
<br />1,495.00
<br />Furniture & Fixtures
<br />19,157.85
<br />19,200.00
<br />0.00
<br />0.00
<br />Capital improvements
<br />0.00
<br />0.00
<br />25,448.96
<br />25,448.96
<br />Executive Mana ment Fee
<br />g
<br />000.00
<br />� � 5., �..�.,,_.
<br />_ _ 15 000.00
<br />000..
<br />... 0.00.
<br />Total Operating Expenses
<br />57,330.47
<br />58,098.36
<br />61,842.96
<br />81,239.78~
<br />Operating Income (Loss)
<br />__ 43,346.07)
<br />43,918.36(55,673.53
<br />(78,170.35
<br />Other Income
<br />Interest Income34
<br />7 7
<br />... 1.........
<br />._ 416.67
<br />_ 0.00
<br />_ 243.57
<br />Total Other Income0.00
<br />134.77
<br />416.67
<br />243.57
<br />Other Expenses
<br />Total Other Expenses
<br />0.00
<br />0.00
<br />0.00
<br />0.00
<br />Net Income (Loss)
<br />$ 43,211 30
<br />$ JJ .1,501.69)
<br />$ 55,673.53)
<br />$ 77,926.78
<br />Financial statement preparation service provided by Mainory, McNeal & Company PC, CPAs in accordance with professional standards issued
<br />by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the modified cash basis of
<br />accounting are omitted and no assurance is provided
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