A S S E T S. LIABILITIES and FUND BALANCE

Transcription

1 NAPA VALLEY COLLEGE BALANCE SHEET For the Period Ending December 31, 2017 CURRENT ASSETS A S S E T S 30-Jun Dec-17 Cash - Schedule 1 $ 697, $ 560, Accounts Receivable 162, , Accounts Receivable - PayPal Café - Ending Inventory 11, , Donations Receivable Prepaid Expense - - Due from NVC - Other Funds (Net) 62, , TOTAL ASSETS $ 934, $ 820, LIABILITIES and FUND BALANCE LIABILITIES Accounts Payable $ 250, $ - Payroll Payable 6, Deferred Income Sales Tax Payable , TOTAL LIABILITIES $ 257, $ 2, FUND BALANCE Operating Unrestricted Fund $ 59, $ 133, Temporarily Restricted Earnings 617, , TOTAL FUND BALANCE $ 677, $ 818, TOTAL LIABILITIES & FUND BALANCE $ 934, $ 820, Business and Finance 2/26/2018

2 Income Statement NAPA VALLEY COLLEGE INCOME STATEMENT CURRENT YEAR BUDGET YEAR INCOME ANCILARY SERVICES July 1, 2017 to December 31, 2017 July 1, 2017 to June 30, 2018 RESTRICTED UNRESTRICTED TOTAL RESTRICTED UNRESTRICTED TOTAL Bookstore $ - $ 60, $ 60, $ - $ 150, $ 150, Café (Schedule 3) - (19,118.04) (19,118.04) - 30, , TOTAL ANCILARY SERVICES $ - $ 41, $ 41, $ - $ 180, $ 180, PUBLIC/PRIVATE PARTNERSHIPS Contracts , , TOTAL PUBLIC/PRIV PTNRSHIPS $ - $ - $ - $ 5, $ - $ 5, FACILITIES RENTAL Napa Broadcasting (In Kind) $ 5, , Mt. Veeder Lease $ 12, , TOTAL FACILITIES RENTAL $ - $ - $ - $ - $ 17, $ 17, GRANTS & CONTRACTS/ CONTRACT ED Contract Education $ - $ - $ - $ - $ 15, $ 15, Indirect Rate Income - 42, , $ 105, $ 105, Other Contract Income $ 20, $ 20, TOTAL GRANT/CONTRACT ED $ - $ 42, $ 42, $ - $ 140, $ 140, DONATIONS/PRIVATE GIFTS Donations (Schedule 2) $ 110, $ 110, $ 150, $ - $ 150, Donations - Other - (105.00) (105.00) - 10, , In-Kind Gifts Fundraising Income TOTAL DONATIONS/PRIVATE GIFTS $ 110, $ (105.00) $ 110, $ 150, $ 10, $ 160, INCOME - OTHER Commissions $ - $ - $ - $ $ Interest Income Other Income TOTAL OTHER INCOME $ - $ - $ - $ - $ $ TOTAL ALL INCOME $ 110, $ 83, $ 194, $ 155, $ 347, $ 502, EXPENDITURES OPERATING ADMIN EXPENSE Classified Admin Salary $ - $ $ $ - $ 65, $ 65, Employee Benefits , , Audit Expense - 6, , Bank Service Charges - - 2, , Conferences/Seminars/Retreat - - 2, , Dues & Memberships Employment Agency Services Facility Rental Expenses - - 1, , Insurance - 2, , , , Investment Property Expense Maintenance Contracts Other Personal Services - - 5, , Postage Supplies Other Miscellaneous , , TOTAL ADMIN EXPENSE $ - $ 10, $ 10, $ - $ 91, $ 91, Page 2

3 Income Statement RESTRICTED EXPENDITURES Temporarily Restricted Funds (Schedule 2) $ 43, $ - $ 43, , $ - $ 125, Fundraising Expense - - 5, , Community Relations Expense - - 1, , TOTAL RESTRICTED EXPENDITURES $ 43, $ - $ 43, $ 125, $ 6, $ 131, OTHER EXPENDITURES Admin Fee - Endowed Funds $ - $ - $ - $ - $ - $ - Admin Fee - Non-Endowed Funds - Restr Expenditures - Endowed Funds - Transfer to NVC General Fund , , TOTAL OTHER EXPENDITURES $ - $ - $ - $ - $ 250, $ 250, TOTAL ALL EXPENDITURES $ 43, $ 10, $ 53, $ 125, $ 347, $ 472, EXCESS of EXPENDITURES over INCOME $ 67, $ 73, $ 140, $ 30, $ - $ 30, Page 3

4 Cash NAPA VALLEY COLLEGE SCHEDULE of CASH in BANK As of December 31, 2017 MATURITY TYPE/ITEM DATE BALANCE West America Bank Checking N/A $ 507, Cash Awaiting Deposit Checking N/A 40, Cash in Bank - Café Fund Checking N/A 11, Café Change Fund Operational N/A T O T A L $ 560, Page 4

5 Restricted Earnings SCHEDULE of TEMPORARILY RESTRICTED EARNINGS For the Period July 1, 2017 to December 31, 2017 RECEIPTS DISBURSE BALANCE 7/01/17 to 7/01/17 to BALANCE NAME 7/1/ /31/ /31/ /31/2017 Abramowicz Family Fund $ $ - $ - $ Accompanyist Fund Alumni Association 2, , Art Fund 3, , Art History (345.05) (345.05) Athletic Department Fund 3, , Blair Memorial Career Tech 1, , Blanckenburg, Bernice 1, , Blanckenburg Library Fund 4, , Brereton Creative Writing Fund 5, , Bumpy Camp (379.37) Campaign Support 3, , Ceramics Visiting Artist Fund Charlup, Janice/Bernard Fund 6, , , Civic Engagement Fund 6, , CJTC Fund 1, , Culinary Arts 1, , Donations - In Kind - - Doud, Jess Enhancement Fund 64, , , Fire Emergency Relief Fund - 45, , Fisher, Richard & Helen FKCE Funds General Endowment Fund 5, , Henry, James B. Family HEOC 8, , Italian Cultural Fund Instructional Equipment Fund - - Leggett, Jack Memorial Library Fund McCleary, Robert/Barbara Lib. Fund McPherson Fund 13, , Mesa Program Fund 1, , Music, Instrumental 14, , Music, Vocal 28, , , Native American Memorial Fund 3, , NSTMA Fund 1, , NV Writers Conference 40, , , NVC Continuing Projects 46, , , NVC Cooking School General Fund - - NVC Food Bank 1, , NVC VWT Operating Fund 1, , Production Fund 4, , Page 5

6 Restricted Earnings PTK Charter Advisor Award 1, , Public Outreach Fund 13, , Puente Fund 14, , , Rhodes, Belle & Barney Endowment 165, , Rhodes Culinary Fund 2, , Rotary Fund of NVC President 4, , , SBDC 31, , , Science Program Shakespeare Fund (1,058.40) 22, , , Special Gifts (Piano Keys, Rooms, Etc) 13, , Special Projects Fund 31, , STEM Fund 3, , Student Support Services Swan Library Fund 1, , Teaff Family Endowment Theater 12, , Veterans Club - 1, , Weed, Dorothy Endowment 10, , , West America Bank Fund 1, , West, Jessamyn Creative Fund (627.77) (627.77) Wheatley, David Library Fund 15, , Wilson, Burrell Memorial Fund 11, , TOTAL $ 617, $ 110, $ 43, $ 685, Page 6

7 Cafe CAFÉ FUND INCOME STATEMENT For the Period July 1, 2017 to December 31, 2017 REVENUE Sales - Café (Food and Drinks) $ 148, Sales - Catering 2, Rental of Other Facilities 2, Commissions Recovery of Prior Period Expense TOTAL INCOME $ 153, EXPENDITURES Salaries 70, Employee Benefits 8, Food & Food Supplies 2, Discounts Taken Purchases - Café Food 81, Other Supplies 3, Bank Discount Charges 1, Equipment 1, Cash Short (Net) Other Miscellaneous Expenses 3, TOTAL EXPENDITURES $ (172,679.67) ENDING BALANCE $ (19,118.04) Page 7