Monthly Unaudited Financial Reports For Month Ending June 2017

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

Fountains of Hope June 30, 2017 Current Census Total Residents-67 AL (68) MC (38) Overall (106) 33 32 65 49% 84% 61% Projected EOM Total Residents-67 33 32 65 49% 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 118 - 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 -214 5/25/2017 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

Page 1 Balance Sheet Book = Accrual ; Tree = ysi_bs ASSETS CASH Current Balance Deposit - Regions 263.61 Petty Cash 1,461.38 CASH 1,724.99 ACCOUNTS RECEIVABLE & PREPAIDS A/R Trade 41,350.30 A/R Other 2,115.00 Prepaid Insurance 31,040.56 Prepaid Contracts 20,086.49 ACCOUNTS RECEIVABLE & PREPAIDS 94,592.35 RESTRICTED ASSETS Revenue Fund 12,760.83 Insurance & Tax Escrow Fund 149,020.79 Interest Fund 8.75 Interest Fund B 195,276.26 Principal Fund 13,334.49 RESTRICTED ASSETS 370,401.12 PROPERTY PLANT & EQUIPMENT Building 1,092,285.41 Construction in Process 19,894,121.47 Equipment Communications & IT 242,230.64 Vehicles 63,679.00 Furniture, Fixtures & Equipment 735,144.84 Accumulated Depreciation -961,272.54 PROPERTY PLANT & EQUIPMENT 21,066,188.82 OTHER ASSETS Financing costs 1,453,809.57 Financing costs Accum Amort -130,853.58 Refundable Deposits 42,485.82 OTHER ASSETS 1,365,441.81 TOTAL ASSETS 22,898,349.09 LIABILITIES & EQUITY OBLIGATION UNDER LEASE CURRENT Obligation Under Lease Current 10,453.03 OBLIGATI0N UNDER LEASE CURRENT 10,453.03 ACCOUNTS PAYABLE TRADE Accounts Payable - Trade 345,686.37 ACCOUNTS PAYABLE TRADE 345,686.37 ACCOUNTS PAYABLE OTHER A/P Omega Development 2,405,797.27 Inter-Co Payable 906.20 Accounts Payable - Other 26,076.12 ACCOUNTS PAYABLE 2,432,779.59 ACCRUED EXPENSES Accrued Payroll 67,430.54 Tuesday, July 18, 2017 02:37 PM

Page 2 Balance Sheet Book = Accrual ; Tree = ysi_bs Current Balance Accrued Real Estate Taxes 135,000.00 Accrued Operating Expenses 70,026.41 TOTAL ACCRUED EXPENSES 272,456.95 ACCRUED INTEREST Accrued Interest Bonds Series A 137,231.25 Accrued Interest Bonds Series B 58,600.03 TOTAL ACCRUED INTEREST 195,831.28 OTHER LIABILITIES Resident Prepayments 3,667.04 Resident Refund Clearing -16.67 OTHER LIABILITIES 3,650.37 LONG TERM LIABILITIES Bonds Payable 20,135,000.00 Bonds Payable 2 1,465,000.00 Obligation Under Capital Lease - Other LT 35,453.78 Long Term Lease - Bus 58,449.77 Loan Payable LT 4,000,000.00 Long Term Accounts Payable 271,788.01 LONG TERM LIABILITES 25,965,691.56 EQUITY Equity Contributions 1,000,000.00 Prior Year Retained Earnings -1,043,597.78 Retained Earnings -6,284,602.28 EQUITY -6,328,200.06 LIABILITIES & EQUITY 22,898,349.09 Tuesday, July 18, 2017 02:37 PM

OPERATING REVENUE Room & Board 41000-04 Room & Board AL 124,503.26 203,304.55 (78,801.29) (38.76) 622,864.44 1,038,568.92 (415,704.48) (40.03) 2,565,423.66 41040-04 Additional Resident AL 150.00 2,275.01 (2,125.01) (93.41) 150.00 11,668.61 (11,518.61) (98.71) 28,673.72 41061-04 Care Level 1 6,430.10 10,776.38 (4,346.28) (40.33) 27,656.25 55,272.39 (27,616.14) (49.96) 135,822.90 41062-04 Care Level 2 4,260.00 10,177.69 (5,917.69) (58.14) 33,379.03 52,201.69 (18,822.66) (36.06) 128,277.16 41063-04 Care Level 3 2,600.00 8,980.31 (6,380.31) (71.05) 15,777.27 46,060.31 (30,283.04) (65.75) 113,185.74 41200-04 Additional Care Services 40.00-40.00 N/A (427.74) - (427.74) N/A - 41500-04 Community Fees AL 10,000.00 11,217.34 (1,217.34) (10.85) 31,000.00 56,537.34 (25,537.34) (45.17) 129,120.42 41600-04 Concessions - AL (5,363.95) (13,069.00) 7,705.05 58.96 (26,002.82) (65,869.00) 39,866.18 60.52 (150,431.00) 42100-04 Add Meals/Tray Svc AL - 356.08 (356.08) (100.00) - 1,811.42 (1,811.42) (100.00) 4,497.87 42200-04 Guest Meals AL 170.00-170.00 N/A 761.00-761.00 N/A - 42300-04 Employee Meals 232.00-232.00 N/A 232.00-232.00 N/A - 42500-04 Beauty Salon AL 1,244.00 515.00 729.00 141.55 9,008.00 3,090.00 5,918.00 191.52 6,180.00 42600-04 Salon - Contra AL (2,181.00) - (2,181.00) N/A (10,444.00) - (10,444.00) N/A - 42620-04 Housekeeping - AL 180.00-180.00 N/A 500.00-500.00 N/A - 42700-04 Telephone AL 755.06 1,342.86 (587.80) (43.77) 3,971.67 6,786.41 (2,814.74) (41.48) 16,697.01 42800-04 Respite Care AL 2,800.00-2,800.00 N/A 9,037.00-9,037.00 N/A - 42900-04 Medical Supplies AL - - - N/A 4.06-4.06 N/A - 43000-04 Guest Suite - AL - 587.10 (587.10) (100.00) - 3,542.17 (3,542.17) (100.00) 7,143.05 43800-04 Pet Fee - - - N/A 1,267.86-1,267.86 N/A - 44000-04 Other Income - AL 318.98 1,498.48 (1,179.50) (78.71) 823.98 7,509.92 (6,685.94) (89.03) 18,718.50 45000-04 Common Space Rental 300.00-300.00 N/A 1,800.00-1,800.00 N/A - Total Room & Board Revenue 146,438.45 237,961.80 (91,523.35) (38.46) 721,358.00 1,217,180.18 (495,822.18) (40.74) 3,003,309.03 Room & Board MC 41000-05 Room & Board MC 163,356.00 149,865.41 13,490.59 9.00 894,347.38 730,682.14 163,665.24 22.40 1,826,095.52 41200-05 Additional Care Services - - - N/A 120.00-120.00 N/A - 41500-05 Community Fees MC 4,000.00 7,252.92 (3,252.92) (44.85) 26,500.00 41,264.38 (14,764.38) (35.78) 73,191.70 41600-05 Concessions - MC (1,500.00) (8,450.00) 6,950.00 82.25 (11,124.99) (48,075.00) 36,950.01 76.86 (85,271.00) 42100-05 Add Meals/Tray Svc MC - - - N/A 40.00-40.00 N/A - 42200-05 Guest Meals MC 70.00-70.00 N/A 858.00-858.00 N/A - 42500-05 Beauty Salon MC 937.00-937.00 N/A 2,658.00-2,658.00 N/A - 42800-05 Respite Care MC 1,375.00-1,375.00 N/A 16,100.00-16,100.00 N/A - Revenue - Room & Board MC 168,238.00 148,668.33 19,569.67 13.16 929,498.39 723,871.52 205,626.87 28.41 1,814,016.22 TOTAL - OPERATING REVENUE 314,676.45 386,630.13 (71,953.68) (18.61) 1,650,856.39 1,941,051.70 (290,195.31) (14.95) 4,817,325.25 OPERATING EXPENSES GENERAL & ADMINISTRATIV Administration - Payroll 61300-00 Shift Differential / Incentive Wages 2,472.00 - (2,472.00) N/A 15,348.90 - (15,348.90) N/A - 64200-01 Executive Director 9,870.84 9,684.82 (186.02) (1.92) 60,916.69 58,431.76 (2,484.93) (4.25) 117,832.00 64202-01 Executive Director - Taxes/Benefits 2,193.02 - (2,193.02) N/A 11,031.88 - (11,031.88) N/A - 64210-01 Executive Director Bonus - - - N/A - - - N/A 23,566.40 61101-01 Business Office Director 2,991.28 3,386.17 394.89 11.66 17,747.19 20,429.88 2,682.69 13.13 41,198.38 61201-01 Receptionist/Concierge 2,463.48 4,160.07 1,696.59 40.78 18,382.27 25,099.09 6,716.82 26.76 50,614.19 Page 1 of 8

61210-01 Overtime - Admin 533.41 - (533.41) N/A 3,034.24 - (3,034.24) N/A - 61220-01 Holiday Pay - Admin 126.79 - (126.79) N/A 468.45 - (468.45) N/A - 61250-01 Vacation Adjustment - Admin 268.26 - (268.26) N/A 1,754.51 - (1,754.51) N/A - 61300-01 Bonuses - Admin - - - N/A 509.60 - (509.60) N/A - 62160-01 Employee Benefits- Admin 1,028.08 3,790.83 2,762.75-6,744.60 22,871.34 16,126.74-51,306.37 62400-01 Employee Recruiting - 200.00 200.00 100.00 350.00 1,200.00 850.00 70.83 2,400.00 62600-01 Employment Screenings 396.25 240.00 (156.25) (65.10) 2,868.33 1,440.00 (1,428.33) (99.19) 2,880.00 62700-01 Employee Uniforms 126.48 350.00 223.52 63.86 1,044.99 2,100.00 1,055.01 50.24 4,200.00 62900-01 Payroll Service Fee 3,495.20 - (3,495.20) N/A 20,998.37 - (20,998.37) N/A - 62950-01 Timeclock Fees 68.00 60.00 (8.00) (13.33) 403.00 360.00 (43.00) (11.94) 720.00 Total Administration Payroll 26,033.09 21,871.89 (4,161.20) (19.03) 161,603.02 131,932.07 (29,670.95) (22.49) 294,717.34 Administration - Operating Expenses 63110-01 Printing Stationary - 75.00 75.00 100.00-450.00 450.00 100.00 900.00 63115-01 Business Cards - 25.00 25.00 100.00 347.75 150.00 (197.75) (131.83) 300.00 63125-01 Classified Ads - 100.00 100.00 100.00-600.00 600.00 100.00 1,200.00 64100-01 Consultants - Admin - 250.00 250.00 100.00-1,500.00 1,500.00 100.00 3,000.00 64401-01 Computer Software Maint - Yardi 1,013.87 - (1,013.87) N/A 6,083.02 - (6,083.02) N/A 22,500.00 64410-01 IT Technical Support 470.00 500.00 30.00 6.00 4,275.20 3,000.00 (1,275.20) (42.51) 6,000.00 66200-01 Office Supplies - Admin (132.99) 400.00 532.99 133.25 2,870.15 2,400.00 (470.15) (19.59) 4,800.00 66300-01 Furniture & Equip Non CapX 73.64 100.00 26.36 26.36 273.62 600.00 326.38 54.40 1,200.00 68100-01 Bank Fees & Finance Charges 866.33 350.00 (516.33) (147.52) 2,240.50 2,100.00 (140.50) (6.69) 4,200.00 68110-01 Interest / Finance Charges (1,692.99) - 1,692.99 N/A 1,232.04 - (1,232.04) N/A - 68125-01 Cell Phones Directors/Managers 167.90 400.00 232.10 58.02 1,665.46 2,400.00 734.54 30.61 4,800.00 68130-01 Internet - 2,500.00 2,500.00 100.00-15,000.00 15,000.00 100.00 30,000.00 68140-01 Copier Lease 460.86 321.00 (139.86) (43.57) 3,574.20 1,926.00 (1,648.20) (85.58) 3,852.00 68145-01 Copier Maintenance - 500.00 500.00 100.00-3,000.00 3,000.00 100.00 6,000.00 68150-01 Postage Meter - Lease Equip - 65.00 65.00 100.00-130.00 130.00 100.00 130.00 68160-01 Dues & Subscriptions Administrative 40.00 150.00 110.00 73.33 793.00 900.00 107.00 11.89 1,800.00 68170-01 Employee Appreciation (1.41) 500.00 501.41 100.28 427.16 3,000.00 2,572.84 85.76 6,000.00 68180-01 Licenses & Permits Admin 150.00 150.00 - - 150.00 900.00 750.00 83.33 1,800.00 68200-01 Postage & Delivery 69.80 100.00 30.20 30.20 418.30 600.00 181.70 30.28 1,200.00 68220-01 Professional Fees Audit - 417.00 417.00 100.00-2,502.00 2,502.00 100.00 5,004.00 68230-01 Legal Expense - 70.00 70.00 100.00-420.00 420.00 100.00 840.00 68300-01 Rent/Lease & Furn Equip Admin 389.85 - (389.85) N/A 1,118.99 - (1,118.99) N/A - 68395-01 Resident Relations - 100.00 100.00 100.00-600.00 600.00 100.00 1,200.00 68400-01 Training and Meetings - 100.00 100.00 100.00 565.69 600.00 34.31 5.72 1,200.00 68800-01 Travel / Entertainment Admin - 200.00 200.00 100.00 2,722.73 1,200.00 (1,522.73) (126.89) 2,400.00 68815-01 Management Company Travel 559.72 3,500.00 2,940.28 84.01 14,266.13 24,000.00 9,733.87 40.56 45,000.00 68820-01 Travel Meals - Admin - - - N/A 213.48 - (213.48) N/A - 68830-01 Travel Mileage - - - N/A 20.52 - (20.52) N/A - TOTAL - Administration Operating Expenses 2,434.58 10,873.00 8,438.42 77.61 43,257.94 67,978.00 24,720.06 36.36 155,326.00 GENERAL & ADMINISTRATIVE - TOTAL 28,467.67 32,744.89 4,277.22 13.06 204,860.96 199,910.07 (4,950.89) (2.48) 450,043.34 RESIDENT SERVICES Resident Services - Payroll 61101-02 Director / Manager - Lifestyles 3,130.29 3,123.80 (6.49) (0.21) 17,290.68 18,846.90 1,556.22 8.26 38,006.18 61201-02 Activities Aid - Lifestyles 1,963.30 2,053.18 89.88 4.38 13,023.78 12,387.52 (636.26) (5.14) 24,980.36 Page 2 of 8

61210-02 Overtime - Lifestyles 127.19 - (127.19) N/A 752.29 - (752.29) N/A - 61220-02 Holiday Pay - Lifestyles 389.73 - (389.73) N/A 525.09 - (525.09) N/A - 61250-02 Vacation Adjustment - Lifestlyes - - - N/A 858.22 - (858.22) N/A - 61300-02 Bonuses - Lifestyles 102.46 - (102.46) N/A 451.77 - (451.77) N/A - 62160-02 Employee Benefits Other - Lifestlyes 1,186.56 1,138.94 (47.62) - 7,554.12 6,871.59 (682.53) - 13,857.07 Total - Resident Services - Payroll 6,899.53 6,315.92 (583.61) (9.24) 40,455.95 38,106.01 (2,349.94) (6.17) 76,843.61 Resident Services - Operating Expenses 64440-02 Transportation Service - - - N/A 695.50 - (695.50) N/A - 66140-02 Office Supplies (63.97) 25.00 88.97 355.88 486.23 150.00 (336.23) (224.15) 300.00 66145-02 Decorations - 50.00 50.00 100.00 5.35 300.00 294.65 98.22 600.00 66200-02 Operating Supplies 199.73 450.00 250.27 55.62 785.57 2,700.00 1,914.43 70.90 5,400.00 66300-02 Furniture & Equip Non CapX - 50.00 50.00 100.00-300.00 300.00 100.00 600.00 68160-02 Dues & Subscriptions Activities - 20.00 20.00 100.00 25.84 120.00 94.16 78.47 240.00 68390-02 Resident Activities/Entertainment 231.43 400.00 168.57 42.14 3,778.11 2,400.00 (1,378.11) (57.42) 4,800.00 68500-02 Newsletter - Calendar - 50.00 50.00 100.00-300.00 300.00 100.00 600.00 68510-02 MC Program Engagement - 250.00 250.00 100.00-1,500.00 1,500.00 100.00 3,000.00 68600-02 Special Events (Non Marketing) 355.00 50.00 (305.00) (610.00) 941.83 300.00 (641.83) (213.94) 600.00 Total Resident Services - Operating Expenses 722.19 1,345.00 622.81 46.31 6,718.43 8,070.00 1,351.57 16.75 16,140.00 RESIDENT SERVICES - TOTAL 7,621.72 7,660.92 39.20 0.51 47,174.38 46,176.01 (998.37) (2.16) 92,983.61 ASSISTED LIVING Assisted Living - Payroll 61101-04 Health Services Director - AL 4,576.00 4,882.91 306.91 6.29 13,056.00 29,460.21 16,404.21 55.68 59,408.71 61201-04 Salaries & Wages AL LPN 15,605.39 21,053.04 5,447.65 25.88 122,110.05 115,716.53 (6,393.52) (5.53) 261,734.42 61203-04 Salaries & Wages AL C.N.A. 12,924.09 22,975.92 10,051.83 43.75 123,401.44 127,133.42 3,731.98 2.94 283,547.47 61210-04 Overtime - AL 1,031.76 - (1,031.76) N/A 16,003.18 - (16,003.18) N/A - 61220-04 Holiday Pay - AL 1,513.61 - (1,513.61) N/A 4,503.05 - (4,503.05) N/A - 61250-04 Vacation Adjustment - AL 404.89 - (404.89) N/A 7,496.88 - (7,496.88) N/A - 61300-04 Bonuses - AL 133.57 - (133.57) N/A 715.76 - (715.76) N/A - 62160-04 Employee Benefits Other - AL 8,280.09 10,760.61 2,480.52 70.49 61,319.29 59,908.24 (1,411.05) 64.53 133,031.93 Total Assisted Living Payroll 44,469.40 59,672.48 15,203.08 25.48 348,605.65 332,218.40 (16,387.25) (4.93) 737,722.53 Assisted Living - Operating Expenses 64300-04 EMAR 491.71 - (491.71) N/A 2,070.10 - (2,070.10) N/A - 64460-04 Hazardous Waste Disposal (383.60) 500.00 883.60 176.72 1,472.86 3,000.00 1,527.14 50.90 6,000.00 66140-04 Supplies - Medical/ Charged to Residents AL - - - N/A 4.06 - (4.06) N/A - 66200-04 Wellness Supplies 945.24 665.04 (280.20) (42.13) 5,224.51 3,360.89 (1,863.62) (55.45) 8,268.98 68300-04 Rent/Lease Equip AL - - - N/A 490.33 - (490.33) N/A - 68400-04 Training and Meetings - - - N/A 4.94 - (4.94) N/A - Total Assisted Living - Operating Expenses 1,053.35 1,165.04 111.69 9.59 9,266.80 6,360.89 (2,905.91) (45.68) 14,268.98 ASSISTED LIVING - TOTAL 45,522.75 60,837.52 15,314.77 25.17 357,872.45 338,579.29 (19,293.16) (5.70) 751,991.51 MEMORY CARE Memory Care - Payroll 61101-05 Memory Care Manager 2,901.10 4,023.60 1,122.50 27.90 21,059.32 24,275.72 3,216.40 13.25 48,953.80 Page 3 of 8

61201-05 Salaries & Wages MS LPN 11,258.49 13,164.31 1,905.82 14.48 53,208.85 79,424.67 26,215.82 33.01 160,165.77 61203-05 Salaries & Wages MS C.N.A. 32,201.33 31,591.89 (609.44) (1.93) 129,258.77 172,100.58 42,841.81 24.89 365,864.16 61210-05 Overtime - MC 3,175.57 - (3,175.57) N/A 15,961.21 - (15,961.21) N/A - 61220-05 Holiday Pay - MC 2,506.71 - (2,506.71) N/A 3,224.91 - (3,224.91) N/A - 61250-05 Vacation Adjustment - MC 942.29 - (942.29) N/A 3,518.05 - (3,518.05) N/A - 61300-05 Bonus - MC 353.70 - (353.70) N/A 1,331.79 - (1,331.79) N/A - 62160-05 Employee Benefits Other - MC 9,894.80 10,731.56 836.76-45,466.82 60,676.22 15,209.40 126,496.46 Total Memory Care Payroll 63,233.99 59,511.36 (3,722.63) (6.26) 273,029.72 336,477.19 63,447.47 18.86 701,480.19 Memory Care - Operating Expenses 66200-05 Supplies - Memory Care - - - N/A 3,599.46 - (3,599.46) N/A - 68400-05 Training and Meetings - - - N/A 1,305.00 - (1,305.00) N/A - Total - Memory Care Operating Expenses - - - N/A 4,904.46 - (4,904.46) N/A - MEMORY CARE - TOTAL 63,233.99 59,511.36 (3,722.63) (6.26) 277,934.18 336,477.19 58,543.01 17.40 701,480.19 DINING Dining - Payroll 61101-06 Director of Dining Service 5,191.73 4,023.60 (1,168.13) (29.03) 24,734.56 24,275.72 (458.84) (1.89) 48,953.80 61201-06 Cooks 3,170.29 10,353.96 7,183.67 69.38 35,125.06 60,653.65 25,528.59 42.09 124,157.93 61202-06 Dining Room Waitstaff 13,734.42 9,195.69 (4,538.73) (49.36) 70,499.20 50,858.59 (19,640.61) (38.62) 107,258.81 61203-06 Utility Workers - 3,521.75 3,521.75 100.00-19,357.07 19,357.07 100.00 40,957.17 61210-06 Overtime - Dining 424.71 - (424.71) N/A 2,674.46 - (2,674.46) N/A - 61220-06 Holiday Pay - Dining 977.97 - (977.97) N/A 2,078.86 - (2,078.86) N/A - 61250-06 Vacation Adjustment - Dining 1,558.70 - (1,558.70) N/A 3,977.00 - (3,977.00) N/A - 61300-06 Bonuses - Dining 75.31 - (75.31) N/A 495.58 - (495.58) N/A - 62160-06 Employee Benefits Other - Dining 3,443.95 5,960.90 2,516.95-20,569.45 34,131.91 13,562.46-70,692.11 Total - Dining Payroll 28,577.08 33,055.90 4,478.82 13.55 160,154.17 189,276.94 29,122.77 15.39 392,019.82 Dining - Operating Expenses 63110-06 Paper & Forms-Dining 639.62 400.00 (239.62) (59.90) 1,909.52 2,400.00 490.48 20.44 4,800.00 64250-06 Contract Services - Menu 150.00 150.00 - - 900.00 900.00 - - 1,800.00 65500-06 Kitchen Equipment R&M - 50.00 50.00 100.00 1,081.47 300.00 (781.47) (260.49) 600.00 65770-06 Dishwasher Chemicals - 175.00 175.00 100.00-1,050.00 1,050.00 100.00 2,100.00 66010-06 Liquor/Wine/Beverages - 100.00 100.00 100.00 (105.65) 600.00 705.65 117.61 1,200.00 66060-06 Raw Food 15,653.41 16,856.30 1,202.89 7.14 82,033.60 85,749.18 3,715.58 4.33 212,920.55 66120-06 Linens Supplies - Dining 1,946.39 1,000.00 (946.39) (94.64) 9,903.34 6,000.00 (3,903.34) (65.06) 12,000.00 66130-06 Supplies - Cleaning - Dining 88.65 250.00 161.35 64.54 1,808.07 1,500.00 (308.07) (20.54) 3,000.00 66135-06 Kitchen Supplies - 50.00 50.00 100.00 138.36 300.00 161.64 53.88 600.00 66140-06 Dining Decorations - 100.00 100.00 100.00-600.00 600.00 100.00 1,200.00 66200-06 Operating Supplies - Dining 359.81 525.00 165.19 31.46 3,083.53 3,150.00 66.47 2.11 6,300.00 66210-06 China - 100.00 100.00 100.00-600.00 600.00 100.00 1,200.00 68140-06 Copier Lease and Supplies - 420.00 420.00 100.00-2,520.00 2,520.00 100.00 5,040.00 68300-06 Dishwasher Lease - 475.00 475.00 100.00 108.86 2,850.00 2,741.14 96.18 5,700.00 68400-06 Training and Meetings 199.00 - (199.00) N/A 199.00 - (199.00) N/A - 68800-06 Travel - Dining - - - N/A 245.46 - (245.46) N/A - Total - Dining Operating Expenses 19,036.88 20,651.30 1,614.42 7.82 101,305.56 108,519.18 7,213.62 6.65 258,460.55 DINING - TOTAL 47,613.96 53,707.20 6,093.24 11.35 261,459.73 297,796.12 36,336.39 12.20 650,480.37 Page 4 of 8

HOUSEKEEPING Housekeeping - Payroll 61101-07 Director of Housekeeping 2,490.57 2,616.66 126.09 4.82 14,532.46 15,787.18 1,254.72 7.95 31,836.02 61201-07 Housekeeping/Laundry Assoc 3,857.51 7,321.73 3,464.22 47.31 22,922.80 38,933.00 16,010.20 41.12 83,839.58 61210-07 Overtime - Housekeeping 71.39 - (71.39) N/A 988.09 - (988.09) N/A - 61220-07 Holiday Pay - Housekeeping 252.76 - (252.76) N/A 358.21 - (358.21) N/A - 61250-07 Vacation Adjustment - Housekeeping 80.00 - (80.00) N/A 1,688.88 - (1,688.88) N/A - 61300-07 Bonuses - Housekeeping - - - N/A 27.25 - (27.25) N/A - 62160-07 Employee Benefits Other - Housekeeping 1,100.94 2,186.45 1,085.51-6,675.18 12,038.45 5,363.27-25,448.67 TOTAL - Housekeeping Payroll 7,853.17 12,124.84 4,271.67 35.23 47,192.87 66,758.63 19,565.76 29.31 141,124.27 Housekeeping - Operating Expenses 66120-07 Linens Supplies - Housekeeping 51.90 100.00 48.10 48.10 51.90 600.00 548.10 91.35 1,200.00 66130-07 Cleaning Supplies - Housekeeping 195.40 400.00 204.60 51.15 5,333.77 2,400.00 (2,933.77) (122.24) 4,800.00 66140-07 Office Supplies - 50.00 50.00 100.00 10.70 300.00 289.30 96.43 600.00 66155-07 Paper & Plastic Supplies 1,237.60 300.00 (937.60) (312.53) 1,237.60 1,800.00 562.40 31.24 3,600.00 66200-07 Operating Supplies - Housekeeping - 150.00 150.00 100.00 1,948.29 900.00 (1,048.29) (116.48) 1,800.00 66300-07 Furniture & Equip Non CapX - 50.00 50.00 100.00-300.00 300.00 100.00 600.00 Total - Housekeeping Operating Expenses 1,484.90 1,050.00 (434.90) (41.42) 8,582.26 6,300.00 (2,282.26) (36.23) 12,600.00 TOTAL - HOUSEKEEPING 9,338.07 13,174.84 3,836.77 29.12 55,775.13 73,058.63 17,283.50 23.66 153,724.27 MAINTENANCE & REPAIR Maintenance & Repair - Payroll 61101-08 Director of Engineering 4,821.02 4,995.61 174.59 3.49 29,597.36 30,140.18 542.82 1.80 60,779.92 61201-08 Engineering Tech 1,693.02 4,536.02 2,843.00 62.68 12,212.88 27,367.32 15,154.44 55.37 55,188.24 61210-08 Overtime - Maintenance - - - N/A 329.54 - (329.54) N/A - 61220-08 Holiday Pay - Maintenance 59.48 - (59.48) N/A 851.22 - (851.22) N/A - 61250-08 Vacation Adjustment - Maintenance 455.04 - (455.04) N/A 1,026.86 - (1,026.86) N/A - 62160-08 Employee Benefits Other - Maintenance 1,113.67 2,096.96 983.29-6,960.13 12,651.66 5,691.53 25,513.02 TOTAL - Maintenance & Repair - Payroll 8,142.23 11,628.59 3,486.36 29.98 50,977.99 70,159.16 19,181.17 27.34 141,481.18 Maintenance & Repair - Operating Expenses 64300-08 Elevator Service 3,654.00 - (3,654.00) N/A 4,587.00 7,200.00 2,613.00 36.29 7,200.00 64320-08 Fire Sprinkler System 500.00 - (500.00) N/A 2,620.61 3,193.00 572.39 17.93 5,151.00 64340-08 R&M Generator Service 166.92 300.00 133.08 44.36 1,108.52 1,800.00 691.48 38.42 5,300.00 64350-08 Emergency Alert System/Monitor - - - N/A 8,038.00 1,475.00 (6,563.00) (444.95) 1,970.00 64360-08 Grease Trap Cleaning 360.00 - (360.00) N/A 371.10 540.00 168.90 31.28 1,080.00 64370-08 Window Washing - - - N/A 1,820.00 - (1,820.00) N/A - 64380-08 Kitchen Hood Service 400.00 550.00 150.00 27.27 750.00 1,100.00 350.00 31.82 2,200.00 64420-08 Exterminating Contract 422.65 420.00 (2.65) (0.63) 2,113.25 2,520.00 406.75 16.14 5,040.00 65100-08 Turnover Suites - 500.00 500.00 100.00-3,000.00 3,000.00 100.00 6,000.00 65200-08 Building Repairs 280.00 - (280.00) N/A 5,055.32 - (5,055.32) N/A - 65210-08 R & M Painting - 150.00 150.00 100.00-900.00 900.00 100.00 1,800.00 65220-08 Common Area Carpet Cleaning 150.00 - (150.00) N/A 580.00 - (580.00) N/A - 65300-08 Grounds Contract 1,680.00 1,820.00 140.00 7.69 10,880.00 10,920.00 40.00 0.37 21,840.00 65310-08 Seasonal Plants - 50.00 50.00 100.00 1,225.27 300.00 (925.27) (308.42) 600.00 Page 5 of 8

65350-08 Landscaping Other (Irrigation) - - - N/A 180.00 - (180.00) N/A - 65400-08 HVAC Repair 1,089.00 625.00 (464.00) (74.24) 6,873.96 3,750.00 (3,123.96) (83.31) 7,500.00 65500-08 Maintenance Equip Repair - - - N/A 362.00 - (362.00) N/A - 65700-08 Water Refining 107.05 585.00 477.95 81.70 377.09 3,510.00 3,132.91 89.26 7,020.00 65800-08 Electrical Repair - - - N/A 134.56 - (134.56) N/A - 65810-08 R & M Plumbing 328.49 200.00 (128.49) (64.24) 531.49 1,200.00 668.51 55.71 2,400.00 66140-08 Decorating Supplies - 50.00 50.00 100.00 103.84 300.00 196.16 65.39 600.00 64310-08 Fire Extinguisher - - - N/A - 216.00 216.00 100.00 216.00 65960-08 Other Maintenance - 500.00 500.00 100.00 270.00 3,000.00 2,730.00 91.00 6,000.00 66150-08 Light Bulbs/Electrical Supplies - 100.00 100.00 100.00 394.75 600.00 205.25 34.21 1,200.00 66200-08 General Maintenance Supplies 540.91 500.00 (40.91) (8.18) 7,817.94 3,000.00 (4,817.94) (160.60) 6,000.00 66210-08 Hurricane Supplies - 66.00 66.00 100.00 343.42 396.00 52.58 13.28 792.00 66300-08 Furniture & Equip Non CapX 283.73 - (283.73) N/A 796.14 - (796.14) N/A - 68310-08 Rented /Leased Equip (Wtr Softner) 416.50 - (416.50) N/A 2,747.55 - (2,747.55) N/A - TOTAL - Maintenance & Repair - Operating Expenses 10,379.25 6,416.00 (3,963.25) (61.77) 60,081.81 48,920.00 (11,161.81) (22.82) 89,909.00 TOTAL MAINTENANCE & REPAIR 18,521.48 18,044.59 (476.89) (2.64) 111,059.80 119,079.16 8,019.36 6.73 231,390.18 MARKETING Marketing - Payroll 61101-09 Marketing Director 4,142.85 5,282.63 1,139.78 21.58 30,857.14 31,871.87 1,014.73 3.18 70,752.03 61202-09 Sales Counselor - Marketing - 4,021.84 4,021.84 100.00-24,265.10 24,265.10 100.00 40,754.64 61205-09 Outreach Coordinator 2,530.51 4,233.15 1,702.64 40.22 25,254.65 25,539.99 285.34 1.12 51,503.29 61250-09 Vacation Adjustment - Marketing 984.62 - (984.62) N/A 2,641.36 - (2,641.36) N/A - 61350-09 Commissions - Sales 3,500.00 3,227.81 (272.19) (8.43) 10,450.00 17,091.56 6,641.56 38.86 35,355.52 61352-09 Commissions - Outreach - 896.61 896.61 100.00 4,650.00 4,747.66 97.66 2.06 9,820.97 62160-09 Employee Benefits Other - Marketing 1,864.51 2,978.28 1,113.77-10,881.21 17,968.93 7,087.72 35,862.21 Total Marketing Payroll 13,022.49 20,640.32 7,617.83 36.91 84,734.36 121,485.11 36,750.75 30.25 244,048.66 Marketing - Operating Expenses 63100-09 Advertising 42.78 10,000.00 9,957.22 99.57 1,095.19 10,000.00 8,904.81 89.05 10,000.00 63120-09 Agency Fees 2,000.00 - (2,000.00) N/A 12,035.00 - (12,035.00) N/A - 63140-09 Collateral 200.00 - (200.00) N/A 400.00 - (400.00) N/A - 63150-09 Crash Print Invitation - 5,000.00 5,000.00 100.00-5,000.00 5,000.00 100.00 5,000.00 63160-09 Community Outreach 31.96 500.00 468.04 93.61 154.25 3,000.00 2,845.75 94.86 6,000.00 63161-09 Community Sponsorships - - - N/A - 2,000.00 2,000.00 100.00 4,000.00 63165-09 Lunch & Learn VA Seminar - - - N/A - 1,000.00 1,000.00 100.00 2,000.00 63170-09 Digital Media - - - N/A - 1,000.00 1,000.00 100.00 2,000.00 63180-09 Direct Mail - - - N/A 1,425.00 - (1,425.00) N/A 10,000.00 63185-09 Seminar Invitation Mailings - - - N/A - 5,000.00 5,000.00 100.00 10,000.00 63200-09 Events - 500.00 500.00 100.00 2,212.46 2,000.00 (212.46) (10.62) 5,000.00 63210-09 Event Outreach Flyers 250.00 250.00 - - 250.00 1,500.00 1,250.00 83.33 3,000.00 63220-09 Leads/CRM 220.00 - (220.00) N/A 2,530.00 - (2,530.00) N/A - 63300-09 Premiums/Giveaways - 5,000.00 5,000.00 100.00 204.80 5,000.00 4,795.20 95.90 5,000.00 63350-09 Prospect Gifts/Meals - 250.00 250.00 100.00 47.25 1,500.00 1,452.75 96.85 3,000.00 63400-09 Referral Fees - - - N/A 39,146.96 - (39,146.96) N/A - 63420-09 Move-In / Resident Gifts - 250.00 250.00 100.00 20.31 1,500.00 1,479.69 98.65 3,000.00 63475-09 Traditional Media 3,286.50 1,500.00 (1,786.50) (119.10) 29,052.74 11,000.00 (18,052.74) (164.12) 20,000.00 63480-09 Social Media Marketing & Oversight 2,925.00 625.00 (2,300.00) (368.00) 10,816.66 3,750.00 (7,066.66) (188.44) 7,500.00 Page 6 of 8

63500-09 Website Hosting 752.29 500.00 (252.29) (50.46) 2,724.89 3,000.00 275.11 9.17 6,000.00 63600-09 Marketing Plan Development - - - N/A - 2,500.00 2,500.00 100.00 2,500.00 63650-09 Print AD Development / Updates 1,500.00 1,500.00 - - 1,500.00 4,000.00 2,500.00 62.50 5,500.00 63655-09 E-Mail Marketing 500.00 500.00 - - 1,000.00 3,000.00 2,000.00 66.67 6,000.00 63660-09 Paid Placement Search Marketing - 2,500.00 2,500.00 100.00-15,000.00 15,000.00 100.00 30,000.00 63670-09 Strategic Planning & Project Mgmt - 2,000.00 2,000.00 100.00-12,000.00 12,000.00 100.00 24,000.00 64100-09 Consultants - Marketing 2,500.00 - (2,500.00) N/A 15,000.00 - (15,000.00) N/A - 66200-09 Supplies - Marketing 243.20 - (243.20) N/A 2,652.24 - (2,652.24) N/A - 68200-09 Postage & Delivery - Marketing - 150.00 150.00 100.00 65.22 900.00 834.78 92.75 1,800.00 68350-09 Rental & Leasing - Marketing Trailer (348.30) - 348.30 N/A 548.91 - (548.91) N/A - 68800-09 Travel - Marketing - - - N/A 1,322.43 1,500.00 177.57 11.84 3,000.00 68830-09 Travel Mileage - - - N/A 82.73 - (82.73) N/A - Total Marketing Operating Expenses 14,103.43 31,025.00 16,921.57 54.54 124,287.04 95,150.00 (29,137.04) (30.62) 174,300.00 MARKETING - TOTAL 27,125.92 51,665.32 24,539.40 47.50 209,021.40 216,635.11 7,613.71 3.51 418,348.66 TRANSPORTATION Transportation Payroll 61200-12 Drivers 975.90 2,113.05 1,137.15 53.82 9,489.27 12,114.82 2,625.55 21.67 25,074.88 61250-12 Vacation Adjustment - Transportation 384.00 - (384.00) N/A 468.00 - (468.00) N/A - 61500-12 Payroll Taxes - Transportation 622.51 464.87 (157.64) - 1,684.93 2,665.26 980.33-5,516.48 Total Transportation Payroll 1,982.41 2,577.92 595.51 23.10 11,642.20 14,780.08 3,137.88 21.23 30,591.36 Transportation - Operating Expenses 65900-12 Vehicle Maintenance - 150.00 150.00 100.00 83.24 500.00 416.76 83.35 1,000.00 65950-12 Vehicle Fuel 319.78 250.00 (69.78) (27.91) 2,166.90 1,500.00 (666.90) (44.46) 3,000.00 66120-12 Vehicle Tag - - - N/A - 255.00 255.00 100.00 255.00 68300-12 Vehicle Lease - Transportation - 1,400.00 1,400.00 100.00-8,400.00 8,400.00 100.00 16,800.00 Total - Transportation Operating Expenses 319.78 1,800.00 1,480.22 82.23 2,250.14 10,655.00 8,404.86 78.88 21,055.00 TRANSPORTATION - TOTAL 2,302.19 4,377.92 2,075.73 47.41 13,892.34 25,435.08 11,542.74 45.38 51,646.36 UTILITIES 64460-10 Trash Removal 693.71 650.00 (43.71) (6.72) 4,730.03 3,900.00 (830.03) (21.28) 7,800.00 67400-10 Cable TV 946.77 1,384.00 437.23 31.59 6,490.96 8,304.00 1,813.04 21.83 16,608.00 67500-10 Electricity 11,549.78 12,000.00 450.22 3.75 65,539.53 62,000.00 (3,539.53) (5.71) 128,000.00 67600-10 Gas 1,741.39 500.00 (1,241.39) (248.28) 13,546.52 3,000.00 (10,546.52) (351.55) 6,000.00 67700-10 Water & Sewer 2,239.74 1,800.00 (439.74) (24.43) 13,111.65 10,800.00 (2,311.65) (21.40) 21,600.00 68120-10 Communications (Telephone/Internet) 4,874.21 1,563.00 (3,311.21) (211.85) 32,772.67 9,378.00 (23,394.67) (249.46) 18,756.00 UTILITIES - TOTAL 22,045.60 17,897.00 (4,148.60) (23.18) 136,191.36 97,382.00 (38,809.36) (39.85) 198,764.00 INSURANCE 69220-10 Insurance - Auto 255.67 - (255.67) N/A 2,431.67 - (2,431.67) N/A - 69230-10 Insurance - Flood 1,862.46 - (1,862.46) N/A 5,587.38 - (5,587.38) N/A - 69235-10 Insurance - Storage Tank - - - N/A 700.00 - (700.00) N/A - 69260-10 Insurance - General/Professional Liability 6,340.22 - (6,340.22) N/A 68,188.82 - (68,188.82) N/A - 69270-10 Insurance - Property 6,869.78 16,703.17 9,833.39 58.87 27,653.43 100,219.02 72,565.59 72.41 200,438.04 INSURANCE - TOTAL 15,328.13 16,703.17 1,375.04 8.23 104,561.30 100,219.02 (4,342.28) (4.33) 200,438.04 Page 7 of 8

TAXES 69840-10 Taxes Real Estate 15,000.00 15,450.00 450.00 2.91 90,000.00 92,700.00 2,700.00 2.91 185,400.00 69860-10 Taxes Sales & Use 51.98 - (51.98) N/A 311.88 - (311.88) N/A - 69880-10 Taxes Other - - - N/A 300.00 - (300.00) N/A - TAXES - TOTAL 15,051.98 15,450.00 398.02 2.58 90,611.88 92,700.00 2,088.12 2.25 185,400.00 MANAGEMENT FEES 69600-10 Management Fee 18,075.00 19,331.52 1,256.52 6.50 81,563.00 97,052.60 15,489.60 15.96 240,866.20 69640-10 Management Admin/Transition Fee 2,000.00 2,060.00 60.00 2.91 12,000.00 12,360.00 360.00 2.91 24,720.00 69650-10 Move In Fee 3,750.00 3,750.00 - - 17,250.00 20,250.00 3,000.00 14.81 38,662.50 MANAGEMENT FEES - TOTAL 23,825.00 25,141.52 1,316.52 5.24 110,813.00 129,662.60 18,849.60 14.54 304,248.70 OPERATING EXPENSES 325,998.46 376,916.25 50,917.79 13.51 1,981,227.91 2,073,110.28 91,882.37 4.43 4,390,939.23 NET OPERATING INCOME (11,322.01) 9,713.88 (21,035.89) (216.56) (330,371.52) (132,058.58) (198,312.94) (150.17) 426,386.02 Page 8 of 8