Run Date: 02/09/15

Page: 1

Run Time: 10:50 AM

Fallwood HOA
Balance Sheet
As of 01/31/15
Account

Description

Operating

Reserves

Other

Totals

ASSETS
1009

Checking-Operating

1209

MMA-Reserve
TOTAL ASSETS

14,845.76

14,845.76
26,260.84

26,260.84

_______________

_______________

_______________

_______________

14,845.76

26,260.84

.00

41,106.60

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LIABILITIES & EQUITY

CURRENT LIABILITIES:
Subtotal Current Liab.

_______________

_______________

_______________

_______________

.00

.00

.00

.00

RESERVES:
5200

Reserve Contributions

5300

Reserve - Interest

5400

Retained - Capital Reserve

Subtotal Reserves

5,504.00

5,504.00

2.81

2.81

13,680.12

13,680.12

_______________

_______________

_______________

_______________

.00

19,186.93

.00

19,186.93

EQUITY:
5510

Retained Earnings
Current Year Net Income/(Loss)

7,073.91

7,073.91

14,845.76

.00

.00

14,845.76

_______________

_______________

_______________

_______________

Subtotal Equity

14,845.76

7,073.91

.00

21,919.67

TOTAL LIABILITIES & EQUITY

14,845.76

26,260.84

.00

41,106.60

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Run Date: 02/09/15

Page: 1

Run Time: 10:50 AM

Fallwood HOA
Income/Expense Statement
Period: 01/01/15 to 01/31/15
Current Period
Account

Description

Year-To-Date

Yearly

Actual

Budget

Variance

Actual

Budget

Variance

Budget

18,493.00

46,400.00

(27,907.00)

18,493.00

46,400.00

(27,907.00)

46,400.00

.00

712.50

(712.50)

.00

712.50

(712.50)

2,850.00

INCOME:
06310

Association Assessments

06315

Initiation Fee Income

06440

Checking-Interest Income

1.34

.00

1.34

1.34

.00

1.34

.00

06450

MMA-Reserve Interest Income

2.81

.00

2.81

2.81

.00

2.81

.00

______________
______________
______________
______________
______________
______________ ______________
Subtotal Income

18,497.15

47,112.50

(28,615.35)

18,497.15

47,112.50

(28,615.35)

49,250.00

EXPENSES
ADMINISTRATIVE
07010

Management Contract

07140

CPA / Tax / Accounting Servic

500.00

500.00

.00

500.00

500.00

.00

6,000.00

50.00

50.00

.00

50.00

50.00

.00

07160

Legal Fees

225.00

.00

.00

.00

.00

.00

.00

650.00

07260
07270

Other Expenses - Misc G&A

27.62

37.50

9.88

27.62

37.50

9.88

450.00

Postage & Mailings

12.05

20.83

8.78

12.05

20.83

8.78

250.00

07280

Insurance

07350

Property Tax

1,827.00

1,827.00

.00

1,827.00

1,827.00

.00

3,500.00

.00

.00

.00

.00

.00

.00

07820

Annual Corp Registration

175.00

.00

.00

.00

.00

.00

.00

30.00

07960

Social

.00

.00

.00

.00

.00

.00

900.00

______________
______________
______________
______________
______________
______________ ______________
ADMINISTRATIVE

2,416.67

2,435.33

18.66

2,416.67

2,435.33

18.66

12,180.00

(68.50)

98.50

30.00

(68.50)

360.00

UTILITIES
08120

Electricity-entrance

98.50

30.00

08130

Electric - Pool

10.41

25.00

14.59

10.41

25.00

14.59

3,200.00

08140

Water Irr 4172

22.00

20.00

(2.00)

22.00

20.00

(2.00)

1,000.00

08150

Water-Pool 7351

15.00

20.00

5.00

15.00

20.00

5.00

450.00

______________
______________
______________
______________
______________
______________ ______________
UTILITIES

145.91

95.00

(50.91)

145.91

95.00

(50.91)

5,010.00

490.00

.00

490.00

490.00

.00

5,880.00

LANDSCAPING
08310

Landscape Contract

490.00

08320

Flowers & Pinestraw

.00

.00

.00

.00

.00

.00

4,000.00

08330

Landscape Misc/install

.00

41.67

41.67

.00

41.67

41.67

500.00

08340

Repair & Maintenance

.00

37.50

37.50

.00

37.50

37.50

450.00

______________
______________
______________
______________
______________
______________ ______________
LANDSCAPING

490.00

569.17

79.17

490.00

569.17

79.17

10,830.00

Run Date: 02/09/15

Page: 2

Run Time: 10:50 AM

Fallwood HOA
Income/Expense Statement
Period: 01/01/15 to 01/31/15
Year-To-Date

Yearly

Description

Actual

Current Period
Budget

Variance

Actual

Budget

Variance

Budget

08510

Pool Service Contract

.00

277.00

277.00

.00

277.00

277.00

5,540.00

08520

Pool Supplies

.00

.00

.00

.00

.00

.00

250.00

08530

Pool Telephone

126.00

42.00

(84.00)

126.00

42.00

(84.00)

504.00

08540

Pool Repair and Maintenance

08550

Pool Permit

Account

POOL

.00

.00

.00

.00

.00

.00

1,700.00

280.00

270.00

(10.00)

280.00

270.00

(10.00)

270.00

______________
______________
______________
______________
______________
______________ ______________
POOL

406.00

589.00

183.00

406.00

589.00

183.00

8,264.00

.00

.00

.00

.00

.00

.00

2,000.00

POOLHOUSE
09010

Repair and Maintenance

______________
______________
______________
______________
______________
______________ ______________
POOLHOUSE

.00

.00

.00

.00

.00

.00

2,000.00

190.00

.00

(190.00)

190.00

.00

(190.00)

8,000.00

COMMON FENCE
09210

Repair & Maintenance

______________
______________
______________
______________
______________
______________ ______________
COMMON FENCE

190.00

.00

(190.00)

190.00

.00

(190.00)

8,000.00

09410

Reserve Contribution

.00

.00

.00

.00

.00

.00

116.00

09420

Initiation Fees to Reserves

.00

.00

.00

.00

.00

.00

2,850.00

09450

Reserve Interest

2.81

.00

(2.81)

2.81

.00

(2.81)

.00

RESERVE

______________
______________
______________
______________
______________
______________ ______________
RESERVE
TOTAL EXPENSES
Current Year Net Income/(loss

2.81

.00

(2.81)

2.81

.00

(2.81)

2,966.00

3,651.39

3,688.50

37.11

3,651.39

3,688.50

37.11

49,250.00

14,845.76

43,424.00

(28,578.24)

14,845.76

43,424.00

(28,578.24)

.00

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