HILLCREST GOLF CLUB
P&L ANALYSIS
As of April 30, 2017
YTD thru April YTD thru April $ (Under)/Over
30, 2017
30, 2016
2016 Actuals
%
(Under)/Over
2016 Actuals
YTD Budget
2017
$ (Under)/Over YTD % of 2017
2017 Budget
Budget
INCOME
Membership/Coupon Books
Green Fees
Trail Fees
Cart Permits
Storage Fees
Pro Rental Income
Donations
Misc. INT, VRZ, LPEA
$302,657
$39,397
7,296
11,610
7,125
10,500
1,397
5,496
$288,000
$26,751
6,405
11,055
6,440
10,500
12,314
16,232
$14,657
$12,646
891
555
685
(10,917)
(10,735)
5%
47%
14%
5%
11%
0%
(89%)
(66%)
$135,167
$75,333
18,667
4,300
2,658
28,000
1,667
1,750
$167,490
($35,936)
(11,371)
7,310
4,467
(17,500)
(270)
3,746
224%
52%
39%
270%
268%
38%
84%
314%
$385,478
$377,696
$7,782
2%
$267,542
$117,937
44%
Salaries
Utilities
Repairs
Supplies
Taxes
LIC, TRAVEL, MEMBSHP
$85,474
8,849
8,258
17,420
4,224
165
$83,778
7,425
5,400
10,243
4,083
395
$1,696
1,424
2,858
7,177
140
(230)
2%
19%
53%
70%
3%
(58%)
$104,012
13,583
7,917
31,250
1,500
600
($18,538)
(4,734)
341
(13,830)
2,724
(435)
82%
65%
104%
56%
282%
28%
Total Course Expenses
$124,391
$111,324
$13,066
12%
$158,862
($34,472)
78%
$261,088
$266,372
($5,284)
(2%)
$108,679
$152,409
240%
Misc. Bank Fee, LIC/Permits, Prof Fee, Subsc
$11,596
13,691
1,329
3,658
863
$11,260
1,439
1,233
835
$337
13,691
(110)
2,425
28
3%
#DIV/0!
#DIV/0!
(8%)
197%
3%
$12,297
5,667
3,667
1,000
3,667
1,333
($701)
8,024
(3,667)
329
(8)
(470)
94%
242%
0%
133%
100%
65%
Total Admin Expenses
$31,138
$14,767
111%
$27,630
$3,508
113%
Salaries
Utilities
Repairs & Maintenance
Visa/MC Charges
Misc. Janitorial Supplies
$6,731
6,268
6,266
1,420
1,264
$6,731
6,423
4,913
93
1,135
0%
(2%)
28%
1430%
11%
$6,780
10,000
5,000
3,167
2,000
($49)
(3,732)
1,266
(1,746)
(736)
99%
63%
125%
45%
63%
Total Clubhouse Expenses
$21,949
$19,294
$2,656
14%
$26,947
($4,997)
81%
$53,087
$34,061
$19,026
56%
$54,577
($1,489)
97%
$208,001
$232,311
($24,310)
(10%)
$54,103
Interest Expense
$15,143
$15,133
0%
$15,560
Net Income(Loss)
$192,858
$217,178
(11%)
$38,543
TOTAL INCOME
EXPENSES
Course Expenses
GROSS PROFIT
Admin Expenses
Salaries
Insurance
Handicaps
Marketing
Supplies, Printing
$16,371
Clubhouse Expenses
Total General & Administrative
Operating Income (Loss)
$0
(155)
1,353
1,328
129
$10
($24,320)
$153,898
($417)
$154,315
384%
97%
500%
HILLCREST GOLF CLUB
P&L ANALYSIS
As of April 30, 2017
Cash Flow
Current Period
2017
Cash on Balance Sheet BoY
145,742.61
Operating Income (Loss)
$208,001
Loan Payments
Interest
$15,143
Principal
$43,421
Capital Expenses Clubhouse
$2,700
Capital Expenses Course
$9,332
Cash at EoP
$313,433
Cash Available for Operations
$266,262
Reserve Account
$47,171
C:\Users\KarenG\Desktop\2017Financials\[2017_PL_Template_for_BOD_Meetings_Master.xls]2016