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Financial Information > Financial Statement


31 Dec 2008

 

  Franklin Farms Homeowners Association, Inc.    
    12/31/2008          
      Assets        
               
  Cash - Operating Account   11244    
  Reserves       6599    
  Assessments Receivable   1045    
  Special Assessment Receivable   120    
  Expenses due from Residents   2033    
  Total current assets       21042  
               
  Security deposits     50    
  Fixed assets     2134    
  Accumulated depreciation   -828    
  Total other assets       1356  
               
  Total assets       22398  
               
      Liabilities & Fund balance    
               
  2009 assessments prepaid   3430    
               
  Fund balance 12/31/2007   11527    
  Excess collections over expenses 7441    
               
  Total liabilities & fund balance     22398  
               
               
               
    Income Statement        
  Franklin Farms Homeowners Association, Inc.    
    2008          
               
  Assessments   30275      
  Estoppels   600      
  Interest     188.34      
  Miscellaneous   600      
  Total income     31663.34    
               
  Administrative & office 930.7      
  Website     217.44      
  Depreciation   523      
  Ground Maintenance   12549.25      
  Insurance   4427.42      
  Legal & accounting   464.06      
  Newsletter   230.49      
  Annual meeting   115.41      
  Garage sale   104.63      
  Postage & meter rental 801.7      
  Storage unit   971.28      
  Repairs     1568.14      
  Sprinkler repair   879      
  Supplies & chemicals   92.85      
  Taxes & license   96.25      
  Utilities     251.54      
  Total expenses     24223.16    
               
  Excess collections to reserves   7440.81    
               

 

 

 

Revised 9/17/2019 DG