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Financial Overview

Essay by   •  June 4, 2012  •  Study Guide  •  318 Words (2 Pages)  •  1,474 Views

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Going Green Recycling Center

Financial Overview

Date: FY1 FY2

Ordinary Income

Processing Tipping Fee $814,020.00 $826,230.30

Grants 0.00 0.00

Program Service Fees 254,048.00 257,849.00

Sales Revenue 689,384.00 720,669.00

Investment Income 0.00 0.00

Inventory 0.00 0.00

Other Sales 5,665.25 5,835.21

Total Income $1,763,117.25 $1,810,583.51

Cost of Goods Sold 65.94 67.92

Freight 0.00 0.00

Total Income and Goods Sold 65.94 67.92

Gross Profit $1,763,051.31 $1,810,515.58

Expenses

Payroll 444,561.47 457,898.31

Contract Labor 27,601.41 28,429.45

Program Service Fees Expense 0.00 0.00

Professional Fees 6,406.00 6,598.18

Supplies 63,222.96 65,119.64

Telecommunications 7,996.49 8,236.38

Postage and Delivery 163.91 168.83

Occupency Expense 118,090.00 120,371.00

Fuel Expense 147,315.12 151,734.46

Repairs and Maintenance 39,972.65 41,171.83

Travel 9,841.08 10,136.28

Interest Expense 50,083.48 49,078.44

Depreciation Expense 150,250.44 147,235.32

Amortization Expnse 15,167.00 15,168.00

Insurance 100,641.11 100,960.34

Inventory Expense 0.00 0.00

Professional Org. Dues 349.72 360.21

Other Expense 6,041.82 6,233.07

Total Expense $1,249,347.88 $1,265,577.50

Net Ordinary Income

Other income/Espense

Internal Operating Income 0.00 0.00

Prior Year Aadjustment-Income 0.00 0.00

Change in Accounting Principles 0.00 0.00

Total Other Income 0.00 0.00

Other Expense

Internal Admin Fees 165.023.19 169,973.89

Internal Operating Expnse 8,741.82 9,004.07

Total Other Expense 165,023.19 169,973.89

Net Other Income 0.00 0.00

Net Income $348,680.23 $374,964.19

Annual Tons Processed 13567 13771

Annual Tons with Tipping Applied 13567 13771

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