Monthly Unaudited Financial Reports For Month Ending June 2017

Transcription

1 Monthly Unaudited Financial Reports For Month Ending June 2017 Prepared by: 3108 Blue Lake Drive Birmingham, AL 35243

2 Fountains of Hope June 30, 2017 Current Census Total Residents-67 AL (68) MC (38) Overall (106) % 84% 61% Projected EOM Total Residents % 84% 61% Date of Date of Deposit Move-In/Out Style Associate Comments DEPOSITS RECEIVED 6/1/17 6/6/17 MC CG B4 6/6/17 6/13/17 AL CG 7 day Respite 6/7/17 6/30/17 AL CG 214 6/9/17 6/30/17 AL CG 117 6/15/17 6/30/17 AL CG 218 6/15/17 7/13/17 AL CG 50 day Respite 6/20/17 6/26/17 AL CG 30 day respite-107 6/20/2017 6/27/17 AL CG 30 day respite-216 6/23/2017 6/29/17 AL CG 114 6/26/2017 6/30/17 MC CG B9 6/26/2017 6/26/17 AL CG 123 MOVE-INS COMPLETED 5/25/2017 6/1/17 MC DG 5 day Respite 6/1/17 6/7/17 MC CG B4 6/6/2017 6/13/17 AL CG Respite 6/15/2017 6/19/17 AL CG 218 6/20/2017 6/23/17 AL CG 216 6/20/17 6/26/17 AL CG 123 6/20/2017 6/26/17 AL CG 107 6/23/17 6/29/17 AL CG 114 6/7/17 6/29/17 AL CG 214 6/26/2017 6/30/17 MC CG B9 PROJECTED MOVE-INS MOVE-OUTS COMPLETED 3/19/2017 6/1/2017 AL CG Expired /25/2017 6/6/2017 MC DG 5 day Respite 3/20/2017 6/13/2017 MC CG Acuity-B2 6/6/2017 6/26/2017 AL CG 7 day respite PROJECTED MOVE-OUTS 7/1/2017 AL DG 45 day DC notice 7/1/2017 AL DG relocating to Venice, FL INTERNAL TRANSFERS COMPLETED PROJECTED INTERNAL TRANSFERS CANCELS 6/7/17 MC CG family felt she was too high functioning for our MC 6/9/17 AL CG refused to move

3 Page 1 Balance Sheet Book = Accrual ; Tree = ysi_bs ASSETS CASH Current Balance Deposit - Regions Petty Cash 1, CASH 1, ACCOUNTS RECEIVABLE & PREPAIDS A/R Trade 41, A/R Other 2, Prepaid Insurance 31, Prepaid Contracts 20, ACCOUNTS RECEIVABLE & PREPAIDS 94, RESTRICTED ASSETS Revenue Fund 12, Insurance & Tax Escrow Fund 149, Interest Fund 8.75 Interest Fund B 195, Principal Fund 13, RESTRICTED ASSETS 370, PROPERTY PLANT & EQUIPMENT Building 1,092, Construction in Process 19,894, Equipment Communications & IT 242, Vehicles 63, Furniture, Fixtures & Equipment 735, Accumulated Depreciation -961, PROPERTY PLANT & EQUIPMENT 21,066, OTHER ASSETS Financing costs 1,453, Financing costs Accum Amort -130, Refundable Deposits 42, OTHER ASSETS 1,365, TOTAL ASSETS 22,898, LIABILITIES & EQUITY OBLIGATION UNDER LEASE CURRENT Obligation Under Lease Current 10, OBLIGATI0N UNDER LEASE CURRENT 10, ACCOUNTS PAYABLE TRADE Accounts Payable - Trade 345, ACCOUNTS PAYABLE TRADE 345, ACCOUNTS PAYABLE OTHER A/P Omega Development 2,405, Inter-Co Payable Accounts Payable - Other 26, ACCOUNTS PAYABLE 2,432, ACCRUED EXPENSES Accrued Payroll 67, Tuesday, July 18, :37 PM

4 Page 2 Balance Sheet Book = Accrual ; Tree = ysi_bs Current Balance Accrued Real Estate Taxes 135, Accrued Operating Expenses 70, TOTAL ACCRUED EXPENSES 272, ACCRUED INTEREST Accrued Interest Bonds Series A 137, Accrued Interest Bonds Series B 58, TOTAL ACCRUED INTEREST 195, OTHER LIABILITIES Resident Prepayments 3, Resident Refund Clearing OTHER LIABILITIES 3, LONG TERM LIABILITIES Bonds Payable 20,135, Bonds Payable 2 1,465, Obligation Under Capital Lease - Other LT 35, Long Term Lease - Bus 58, Loan Payable LT 4,000, Long Term Accounts Payable 271, LONG TERM LIABILITES 25,965, EQUITY Equity Contributions 1,000, Prior Year Retained Earnings -1,043, Retained Earnings -6,284, EQUITY -6,328, LIABILITIES & EQUITY 22,898, Tuesday, July 18, :37 PM

5 OPERATING REVENUE Room & Board Room & Board AL 124, , (78,801.29) (38.76) 622, ,038, (415,704.48) (40.03) 2,565, Additional Resident AL , (2,125.01) (93.41) , (11,518.61) (98.71) 28, Care Level 1 6, , (4,346.28) (40.33) 27, , (27,616.14) (49.96) 135, Care Level 2 4, , (5,917.69) (58.14) 33, , (18,822.66) (36.06) 128, Care Level 3 2, , (6,380.31) (71.05) 15, , (30,283.04) (65.75) 113, Additional Care Services N/A (427.74) - (427.74) N/A Community Fees AL 10, , (1,217.34) (10.85) 31, , (25,537.34) (45.17) 129, Concessions - AL (5,363.95) (13,069.00) 7, (26,002.82) (65,869.00) 39, (150,431.00) Add Meals/Tray Svc AL (356.08) (100.00) - 1, (1,811.42) (100.00) 4, Guest Meals AL N/A N/A Employee Meals N/A N/A Beauty Salon AL 1, , , , , Salon - Contra AL (2,181.00) - (2,181.00) N/A (10,444.00) - (10,444.00) N/A Housekeeping - AL N/A N/A Telephone AL , (587.80) (43.77) 3, , (2,814.74) (41.48) 16, Respite Care AL 2, , N/A 9, , N/A Medical Supplies AL N/A N/A Guest Suite - AL (587.10) (100.00) - 3, (3,542.17) (100.00) 7, Pet Fee N/A 1, , N/A Other Income - AL , (1,179.50) (78.71) , (6,685.94) (89.03) 18, Common Space Rental N/A 1, , N/A - Total Room & Board Revenue 146, , (91,523.35) (38.46) 721, ,217, (495,822.18) (40.74) 3,003, Room & Board MC Room & Board MC 163, , , , , , ,826, Additional Care Services N/A N/A Community Fees MC 4, , (3,252.92) (44.85) 26, , (14,764.38) (35.78) 73, Concessions - MC (1,500.00) (8,450.00) 6, (11,124.99) (48,075.00) 36, (85,271.00) Add Meals/Tray Svc MC N/A N/A Guest Meals MC N/A N/A Beauty Salon MC N/A 2, , N/A Respite Care MC 1, , N/A 16, , N/A - Revenue - Room & Board MC 168, , , , , , ,814, TOTAL - OPERATING REVENUE 314, , (71,953.68) (18.61) 1,650, ,941, (290,195.31) (14.95) 4,817, OPERATING EXPENSES GENERAL & ADMINISTRATIV Administration - Payroll Shift Differential / Incentive Wages 2, (2,472.00) N/A 15, (15,348.90) N/A Executive Director 9, , (186.02) (1.92) 60, , (2,484.93) (4.25) 117, Executive Director - Taxes/Benefits 2, (2,193.02) N/A 11, (11,031.88) N/A Executive Director Bonus N/A N/A 23, Business Office Director 2, , , , , , Receptionist/Concierge 2, , , , , , , Page 1 of 8

6 Overtime - Admin (533.41) N/A 3, (3,034.24) N/A Holiday Pay - Admin (126.79) N/A (468.45) N/A Vacation Adjustment - Admin (268.26) N/A 1, (1,754.51) N/A Bonuses - Admin N/A (509.60) N/A Employee Benefits- Admin 1, , , , , , , Employee Recruiting , , Employment Screenings (156.25) (65.10) 2, , (1,428.33) (99.19) 2, Employee Uniforms , , , , Payroll Service Fee 3, (3,495.20) N/A 20, (20,998.37) N/A Timeclock Fees (8.00) (13.33) (43.00) (11.94) Total Administration Payroll 26, , (4,161.20) (19.03) 161, , (29,670.95) (22.49) 294, Administration - Operating Expenses Printing Stationary Business Cards (197.75) (131.83) Classified Ads , Consultants - Admin , , , Computer Software Maint - Yardi 1, (1,013.87) N/A 6, (6,083.02) N/A 22, IT Technical Support , , (1,275.20) (42.51) 6, Office Supplies - Admin (132.99) , , (470.15) (19.59) 4, Furniture & Equip Non CapX , Bank Fees & Finance Charges (516.33) (147.52) 2, , (140.50) (6.69) 4, Interest / Finance Charges (1,692.99) - 1, N/A 1, (1,232.04) N/A Cell Phones Directors/Managers , , , Internet - 2, , , , , Copier Lease (139.86) (43.57) 3, , (1,648.20) (85.58) 3, Copier Maintenance , , , Postage Meter - Lease Equip Dues & Subscriptions Administrative , Employee Appreciation (1.41) , , , Licenses & Permits Admin , Postage & Delivery , Professional Fees Audit , , , Legal Expense Rent/Lease & Furn Equip Admin (389.85) N/A 1, (1,118.99) N/A Resident Relations , Training and Meetings , Travel / Entertainment Admin , , (1,522.73) (126.89) 2, Management Company Travel , , , , , , Travel Meals - Admin N/A (213.48) N/A Travel Mileage N/A (20.52) N/A - TOTAL - Administration Operating Expenses 2, , , , , , , GENERAL & ADMINISTRATIVE - TOTAL 28, , , , , (4,950.89) (2.48) 450, RESIDENT SERVICES Resident Services - Payroll Director / Manager - Lifestyles 3, , (6.49) (0.21) 17, , , , Activities Aid - Lifestyles 1, , , , (636.26) (5.14) 24, Page 2 of 8

7 Overtime - Lifestyles (127.19) N/A (752.29) N/A Holiday Pay - Lifestyles (389.73) N/A (525.09) N/A Vacation Adjustment - Lifestlyes N/A (858.22) N/A Bonuses - Lifestyles (102.46) N/A (451.77) N/A Employee Benefits Other - Lifestlyes 1, , (47.62) - 7, , (682.53) - 13, Total - Resident Services - Payroll 6, , (583.61) (9.24) 40, , (2,349.94) (6.17) 76, Resident Services - Operating Expenses Transportation Service N/A (695.50) N/A Office Supplies (63.97) (336.23) (224.15) Decorations Operating Supplies , , , Furniture & Equip Non CapX Dues & Subscriptions Activities Resident Activities/Entertainment , , (1,378.11) (57.42) 4, Newsletter - Calendar MC Program Engagement , , , Special Events (Non Marketing) (305.00) (610.00) (641.83) (213.94) Total Resident Services - Operating Expenses , , , , , RESIDENT SERVICES - TOTAL 7, , , , (998.37) (2.16) 92, ASSISTED LIVING Assisted Living - Payroll Health Services Director - AL 4, , , , , , Salaries & Wages AL LPN 15, , , , , (6,393.52) (5.53) 261, Salaries & Wages AL C.N.A. 12, , , , , , , Overtime - AL 1, (1,031.76) N/A 16, (16,003.18) N/A Holiday Pay - AL 1, (1,513.61) N/A 4, (4,503.05) N/A Vacation Adjustment - AL (404.89) N/A 7, (7,496.88) N/A Bonuses - AL (133.57) N/A (715.76) N/A Employee Benefits Other - AL 8, , , , , (1,411.05) , Total Assisted Living Payroll 44, , , , , (16,387.25) (4.93) 737, Assisted Living - Operating Expenses EMAR (491.71) N/A 2, (2,070.10) N/A Hazardous Waste Disposal (383.60) , , , , Supplies - Medical/ Charged to Residents AL N/A (4.06) N/A Wellness Supplies (280.20) (42.13) 5, , (1,863.62) (55.45) 8, Rent/Lease Equip AL N/A (490.33) N/A Training and Meetings N/A (4.94) N/A - Total Assisted Living - Operating Expenses 1, , , , (2,905.91) (45.68) 14, ASSISTED LIVING - TOTAL 45, , , , , (19,293.16) (5.70) 751, MEMORY CARE Memory Care - Payroll Memory Care Manager 2, , , , , , , Page 3 of 8

8 Salaries & Wages MS LPN 11, , , , , , , Salaries & Wages MS C.N.A. 32, , (609.44) (1.93) 129, , , , Overtime - MC 3, (3,175.57) N/A 15, (15,961.21) N/A Holiday Pay - MC 2, (2,506.71) N/A 3, (3,224.91) N/A Vacation Adjustment - MC (942.29) N/A 3, (3,518.05) N/A Bonus - MC (353.70) N/A 1, (1,331.79) N/A Employee Benefits Other - MC 9, , , , , , Total Memory Care Payroll 63, , (3,722.63) (6.26) 273, , , , Memory Care - Operating Expenses Supplies - Memory Care N/A 3, (3,599.46) N/A Training and Meetings N/A 1, (1,305.00) N/A - Total - Memory Care Operating Expenses N/A 4, (4,904.46) N/A - MEMORY CARE - TOTAL 63, , (3,722.63) (6.26) 277, , , , DINING Dining - Payroll Director of Dining Service 5, , (1,168.13) (29.03) 24, , (458.84) (1.89) 48, Cooks 3, , , , , , , Dining Room Waitstaff 13, , (4,538.73) (49.36) 70, , (19,640.61) (38.62) 107, Utility Workers - 3, , , , , Overtime - Dining (424.71) N/A 2, (2,674.46) N/A Holiday Pay - Dining (977.97) N/A 2, (2,078.86) N/A Vacation Adjustment - Dining 1, (1,558.70) N/A 3, (3,977.00) N/A Bonuses - Dining (75.31) N/A (495.58) N/A Employee Benefits Other - Dining 3, , , , , , , Total - Dining Payroll 28, , , , , , , Dining - Operating Expenses Paper & Forms-Dining (239.62) (59.90) 1, , , Contract Services - Menu , Kitchen Equipment R&M , (781.47) (260.49) Dishwasher Chemicals , , , Liquor/Wine/Beverages (105.65) , Raw Food 15, , , , , , , Linens Supplies - Dining 1, , (946.39) (94.64) 9, , (3,903.34) (65.06) 12, Supplies - Cleaning - Dining , , (308.07) (20.54) 3, Kitchen Supplies Dining Decorations , Operating Supplies - Dining , , , China , Copier Lease and Supplies , , , Dishwasher Lease , , , Training and Meetings (199.00) N/A (199.00) N/A Travel - Dining N/A (245.46) N/A - Total - Dining Operating Expenses 19, , , , , , , DINING - TOTAL 47, , , , , , , Page 4 of 8

9 HOUSEKEEPING Housekeeping - Payroll Director of Housekeeping 2, , , , , , Housekeeping/Laundry Assoc 3, , , , , , , Overtime - Housekeeping (71.39) N/A (988.09) N/A Holiday Pay - Housekeeping (252.76) N/A (358.21) N/A Vacation Adjustment - Housekeeping (80.00) N/A 1, (1,688.88) N/A Bonuses - Housekeeping N/A (27.25) N/A Employee Benefits Other - Housekeeping 1, , , , , , , TOTAL - Housekeeping Payroll 7, , , , , , , Housekeeping - Operating Expenses Linens Supplies - Housekeeping , Cleaning Supplies - Housekeeping , , (2,933.77) (122.24) 4, Office Supplies Paper & Plastic Supplies 1, (937.60) (312.53) 1, , , Operating Supplies - Housekeeping , (1,048.29) (116.48) 1, Furniture & Equip Non CapX Total - Housekeeping Operating Expenses 1, , (434.90) (41.42) 8, , (2,282.26) (36.23) 12, TOTAL - HOUSEKEEPING 9, , , , , , , MAINTENANCE & REPAIR Maintenance & Repair - Payroll Director of Engineering 4, , , , , Engineering Tech 1, , , , , , , Overtime - Maintenance N/A (329.54) N/A Holiday Pay - Maintenance (59.48) N/A (851.22) N/A Vacation Adjustment - Maintenance (455.04) N/A 1, (1,026.86) N/A Employee Benefits Other - Maintenance 1, , , , , , TOTAL - Maintenance & Repair - Payroll 8, , , , , , , Maintenance & Repair - Operating Expenses Elevator Service 3, (3,654.00) N/A 4, , , , Fire Sprinkler System (500.00) N/A 2, , , R&M Generator Service , , , Emergency Alert System/Monitor N/A 8, , (6,563.00) (444.95) 1, Grease Trap Cleaning (360.00) N/A , Window Washing N/A 1, (1,820.00) N/A Kitchen Hood Service , , Exterminating Contract (2.65) (0.63) 2, , , Turnover Suites , , , Building Repairs (280.00) N/A 5, (5,055.32) N/A R & M Painting , Common Area Carpet Cleaning (150.00) N/A (580.00) N/A Grounds Contract 1, , , , , Seasonal Plants , (925.27) (308.42) Page 5 of 8

10 Landscaping Other (Irrigation) N/A (180.00) N/A HVAC Repair 1, (464.00) (74.24) 6, , (3,123.96) (83.31) 7, Maintenance Equip Repair N/A (362.00) N/A Water Refining , , , Electrical Repair N/A (134.56) N/A R & M Plumbing (128.49) (64.24) , , Decorating Supplies Fire Extinguisher N/A Other Maintenance , , , Light Bulbs/Electrical Supplies , General Maintenance Supplies (40.91) (8.18) 7, , (4,817.94) (160.60) 6, Hurricane Supplies Furniture & Equip Non CapX (283.73) N/A (796.14) N/A Rented /Leased Equip (Wtr Softner) (416.50) N/A 2, (2,747.55) N/A - TOTAL - Maintenance & Repair - Operating Expenses 10, , (3,963.25) (61.77) 60, , (11,161.81) (22.82) 89, TOTAL MAINTENANCE & REPAIR 18, , (476.89) (2.64) 111, , , , MARKETING Marketing - Payroll Marketing Director 4, , , , , , , Sales Counselor - Marketing - 4, , , , , Outreach Coordinator 2, , , , , , Vacation Adjustment - Marketing (984.62) N/A 2, (2,641.36) N/A Commissions - Sales 3, , (272.19) (8.43) 10, , , , Commissions - Outreach , , , Employee Benefits Other - Marketing 1, , , , , , , Total Marketing Payroll 13, , , , , , , Marketing - Operating Expenses Advertising , , , , , , Agency Fees 2, (2,000.00) N/A 12, (12,035.00) N/A Collateral (200.00) N/A (400.00) N/A Crash Print Invitation - 5, , , , , Community Outreach , , , Community Sponsorships N/A - 2, , , Lunch & Learn VA Seminar N/A - 1, , , Digital Media N/A - 1, , , Direct Mail N/A 1, (1,425.00) N/A 10, Seminar Invitation Mailings N/A - 5, , , Events , , (212.46) (10.62) 5, Event Outreach Flyers , , , Leads/CRM (220.00) N/A 2, (2,530.00) N/A Premiums/Giveaways - 5, , , , , Prospect Gifts/Meals , , , Referral Fees N/A 39, (39,146.96) N/A Move-In / Resident Gifts , , , Traditional Media 3, , (1,786.50) (119.10) 29, , (18,052.74) (164.12) 20, Social Media Marketing & Oversight 2, (2,300.00) (368.00) 10, , (7,066.66) (188.44) 7, Page 6 of 8

11 Website Hosting (252.29) (50.46) 2, , , Marketing Plan Development N/A - 2, , , Print AD Development / Updates 1, , , , , , Marketing , , , , Paid Placement Search Marketing - 2, , , , , Strategic Planning & Project Mgmt - 2, , , , , Consultants - Marketing 2, (2,500.00) N/A 15, (15,000.00) N/A Supplies - Marketing (243.20) N/A 2, (2,652.24) N/A Postage & Delivery - Marketing , Rental & Leasing - Marketing Trailer (348.30) N/A (548.91) N/A Travel - Marketing N/A 1, , , Travel Mileage N/A (82.73) N/A - Total Marketing Operating Expenses 14, , , , , (29,137.04) (30.62) 174, MARKETING - TOTAL 27, , , , , , , TRANSPORTATION Transportation Payroll Drivers , , , , , , Vacation Adjustment - Transportation (384.00) N/A (468.00) N/A Payroll Taxes - Transportation (157.64) - 1, , , Total Transportation Payroll 1, , , , , , Transportation - Operating Expenses Vehicle Maintenance , Vehicle Fuel (69.78) (27.91) 2, , (666.90) (44.46) 3, Vehicle Tag N/A Vehicle Lease - Transportation - 1, , , , , Total - Transportation Operating Expenses , , , , , , TRANSPORTATION - TOTAL 2, , , , , , , UTILITIES Trash Removal (43.71) (6.72) 4, , (830.03) (21.28) 7, Cable TV , , , , , Electricity 11, , , , (3,539.53) (5.71) 128, Gas 1, (1,241.39) (248.28) 13, , (10,546.52) (351.55) 6, Water & Sewer 2, , (439.74) (24.43) 13, , (2,311.65) (21.40) 21, Communications (Telephone/Internet) 4, , (3,311.21) (211.85) 32, , (23,394.67) (249.46) 18, UTILITIES - TOTAL 22, , (4,148.60) (23.18) 136, , (38,809.36) (39.85) 198, INSURANCE Insurance - Auto (255.67) N/A 2, (2,431.67) N/A Insurance - Flood 1, (1,862.46) N/A 5, (5,587.38) N/A Insurance - Storage Tank N/A (700.00) N/A Insurance - General/Professional Liability 6, (6,340.22) N/A 68, (68,188.82) N/A Insurance - Property 6, , , , , , , INSURANCE - TOTAL 15, , , , , (4,342.28) (4.33) 200, Page 7 of 8

12 TAXES Taxes Real Estate 15, , , , , , Taxes Sales & Use (51.98) N/A (311.88) N/A Taxes Other N/A (300.00) N/A - TAXES - TOTAL 15, , , , , , MANAGEMENT FEES Management Fee 18, , , , , , , Management Admin/Transition Fee 2, , , , , Move In Fee 3, , , , , , MANAGEMENT FEES - TOTAL 23, , , , , , , OPERATING EXPENSES 325, , , ,981, ,073, , ,390, NET OPERATING INCOME (11,322.01) 9, (21,035.89) (216.56) (330,371.52) (132,058.58) (198,312.94) (150.17) 426, Page 8 of 8