Balance Sheet As of September 30, 2015 General General Fixed School Services Total Fund Assets Acct Group Fund (Memorandum Only) ASSETS Cash 205,598 - - 205,598 Accounts Receivable 38,418 - - 38,418 Total Assets 244,016 - - 244,016 LIABILITIES & FUND BALANCE LIABILITIES Deferred Revenue 496,091 - - 496,091 Due to NHA (467,640) - - (467,640) Acct Payables 10,000 - - 10,000 Total Liabilities 38,451 - - 38,451 FUND BALANCE Beginning Fund Balance 190,551 - - 190,551 Current Yr Activity 15,014 - - 15,014 Ending Fund Balance 205,565 - - 205,565 TOTAL LIABILITIES & FUND BALANCE 244,016 - - 244,016 Page 1 of 6
Combined Statement of Revenues, Expenditures and Changes in Fund Balance General School Svc Total (Memorandum Only) % of Budget Actual Budget Variance Actual Budget Variance Actual Budget Variance Remaining REVENUE State Aid 754,348 5,196,497 4,442,149 - - - 754,348 5,196,497 4,442,149 85.48% Other State Sources 14,462 80,176 65,714 - - - 14,462 80,176 65,714 81.96% Local Sources - 33,951 33,951 - - - - 33,951 33,951 100.00% Federal Grants 6,296 68,840 62,544 - - - 6,296 68,840 62,544 90.85% Private Sources 29,323 117,000 87,677 - - - 29,323 117,000 87,677 74.94% Contribution from Management Company 402,378 - (402,378) - 402,378 - (402,378) 0.00% Total Revenues and Transfers 1,206,807 5,496,464 4,289,657 - - - 1,206,807 5,496,464 4,289,657 78.04% EXPENDITURES - CONTRACTED SERVICE FEE: Instruction Basic Instruction 388,805 1,956,665 1,567,860 - - - 388,805 1,956,665 1,567,860 80.13% Added Needs - - - - - - - - - 0.00% Special Education 32,499 193,994 161,495 - - - 32,499 193,994 161,495 83.25% Support Services Pupil Services 27,916 141,665 113,749 - - - 27,916 141,665 113,749 80.29% Instructional Staff Support 142,961 586,253 443,292 - - - 142,961 586,253 443,292 75.61% Board of Education 15,214 118,286 103,072 - - - 15,214 118,286 103,072 87.14% Executive Administration 34,930 228,148 193,218 - - - 34,930 228,148 193,218 84.69% Grant Procurement 6,528 40,048 33,520 - - - 6,528 40,048 33,520 83.70% School Admin - Office of the Principal 66,115 268,454 202,339 - - - 66,115 268,454 202,339 75.37% Other School Administration 22,105 152,947 130,842 - - - 22,105 152,947 130,842 85.55% Business & Internal Services 16,810 110,532 93,722 - - - 16,810 110,532 93,722 84.79% Pupil Transportation Services - - - - - - - - - 0.00% Central Services 51,282 329,250 277,968 - - - 51,282 329,250 277,968 84.42% Pupil Activities - - - - - - - - - 0.00% Facilities Acquisition - - - - - - - - - 0.00% Operations & Maintenance 385,153 1,364,321 979,168 - - - 385,153 1,364,321 979,168 71.77% Food Services - - - 1,475 5,900 4,425 1,475 5,900 4,425 75.00% Total Expenditures 1,190,318 5,490,563 4,300,245 1,475 5,900 4,425 1,191,793 5,496,463 4,304,670 78.32% EXCESS OF REVENUES OVER EXPENDITURES 16,489 5,901 (10,588) (1,475) (5,900) (4,425) 15,014 1 (15,013) Transfer Between Funds (1,475) (5,900) (4,425) 1,475 5,900 4,425 - - - FUND BALANCE, BEGINNING OF YEAR 190,551 - (190,551) - - - 190,551 - (190,551) CURRENT FUND BALANCE (UNRESTRICTED) 205,565 1 (205,564) - - - 205,565 1 (205,564) Page 2 of 6
General Fund Foundations Academy Actual Budget REVENUE State Aid 754,348 5,196,497 Revenue from State Sources 14,462 80,176 Revenue from Local Sources - 33,951 Restricted-Federal 'Pass thru' Grants - Title II - 8,230 Restricted-Federal 'Pass thru' Grants - IDEA 6,296 60,610 Revenue from Private Sources 29,323 117,000 Contribution from Management Company 402,378 - Total Revenue & Other Transactions 1,206,807 5,496,464 EXPENDITURES Basic Instruction Salaries, Taxes, & Benefits 263,677 1,712,543 Local Meetings 2,004 4,805 Printing and Binding 1,575 19,995 Teaching Supplies 35,916 68,033 Textbooks 19,666 28,765 Software & Equipment 1,867 - Equipment Lease 19,553 78,210 Dues/Memberships 14,392 3,750 Field trips 455 3,875 Contracted Services 27,218 26,744 Miscellaneous 2,482 9,945 Total - Basic Instruction 388,805 1,956,665 Added Needs Total - Added Needs - - Special Education Salaries, Taxes, & Benefits 29,193 188,744 Local Meetings 233 380 Workshops and Conferences 2,806 1,520 Teaching Supplies 267 3,350 Total - Special Education 32,499 193,994 Pupil Services Occupational Therapist Services 5,629 35,470 Psychological Services 11,047 45,385 Speech Pathology 11,240 60,810 Total - Pupil Services 27,916 141,665 Instructional Staff Support Salaries, Taxes, & Benefits 70,799 249,800 Local Meetings 325 - Workshops and Conferences 6,070 7,988 Improvement of Instruction 20,755 120,546 Professional Development 20,961 40,292 Library Books - 4,000 Library - 875 Technology 18,800 111,983 Special Education 2,847 26,955 Page 3 of 6
Actual Budget Recess Aides 2,404 23,814 Total - Instructional Staff Support 142,961 586,253 Board of Education Board of Education Administration 10,861 66,893 Legal Fees 652 2,000 Audit 1,251 5,150 Travel & Expense Staff 58 460 Insurance 2,392 8,783 Board Funds - 35,000 Total - Board of Education 15,214 118,286 Executive Administration Executive Administration 15,163 80,184 Oversight Fee 19,767 147,964 Total - Executive Administration 34,930 228,148 Grant Procurement Grant Procurement 6,528 40,048 Total - Grant Procurement 6,528 40,048 Office of the Principal Salaries, Taxes, & Benefits 60,067 226,473 Local Meetings 133 8,110 Workshops and Conferences 1,597 4,678 Mailing 295 5,270 Printing & Binding 584 2,700 Office Supplies 289 15,500 Dues/Memberships 344 2,500 Miscellaneous 2,806 3,223 Total - Office of the Principal 66,115 268,454 Other School Administration Admissions & Other Administrative Support 22,105 151,447 Printing & Binding - 1,500 Total - Other School Administration 22,105 152,947 Business & Internal Services Fiscal Services 15,940 105,520 Internal Distribution Services 870 5,012 Total - Business & Internal Services 16,810 110,532 Operations & Maintenance Internal Building Services 2,035 10,720 Other Purchased Service (Janitorial) 595 - Telephone 1,441 4,100 Heat 120 4,549 Electric 13,029 70,581 Sewer 16,101 44,658 Waste & Trash Disposal 320 3,600 Building Maintenance & Repair 70,255 186,480 Equipment Maintenance & Repair (500) 2,079 Lease of Building 252,120 1,008,480 Lease of Equipment 2,173 10,040 Page 4 of 6
Actual Budget Supplies 331 - Equipment Purchases 23,416 5,980 Liability Insurance 173 734 Property Insurance 2,395 10,320 Safety & Security 1,149 2,000 Total - Operations & Maintenance 385,153 1,364,321 Pupil Transportation Services Total - Pupil Transportation Services - - Central Services Information Services 6,377 39,204 Staff/Personnel Services 26,935 173,026 Data Processing Services 14,337 89,686 Other Central Services 3,633 27,334 Total - Central Services 51,282 329,250 Pupil Activities Total - Pupil Activities - - Facilities Acquisition Total - Facilities Acquisition - - Outgoing Transfer to School Service Fund 1,475 5,900 Total Expenditures & Other Transactions 1,191,793 5,496,463 Revenues and Other Financing Sources Over (Under) Expenditures and Other Uses 15,014 1 Beginning Fund Balance (7/1) 190,551 - Ending Fund Balance 205,565 1 Page 5 of 6
School Service Fund Foundations Academy Actual Budget REVENUE Total Food Service Revenue - - Transfer In from General Fund 1,475 5,900 Total Revenue and Incoming Transfers 1,475 5,900 EXPENDITURES Food Services Supplies, Materials including Commodities expense 1,475 5,900 Total Food Service Expenditures 1,475 5,900 Revenues and Other Financing Sources Over (Under) Expenditures and Other Uses - - Ending Food Service Fund Balance - - Page 6 of 6