SOCC Inc 2022 Audited Financial Statement

SOCC, INC. dba SEVEN OAKS COUNTRY CLUB

DEPARTMENTAL SCHEDULES OF EXPENSES Years Ended December 31, 2022 and 2021

2022

2021

Food and beverage: Payroll and related costs

$

2,313,770 1,488,412

$

1,731,068 1,126,828

Cost of sales

Laundry and uniforms

141,800 139,192 63,046 17,346

86,752 102,706 45,090 11,137

Supplies

Professional services

Repairs and maintenance

Taxes and licenses

2,355 1,755

2,255 1,078

Training

Travel

606 180

-

Contract labor

912

$

4,168,462

$

3,107,826

Golf course maintenance: Payroll and related costs Repairs and maintenance

$

1,745,878

$

1,602,417

420,042 231,768 194,754 97,106 88,075 70,792 38,054 34,135 13,992

306,989 277,981 143,237 78,839 52,072 89,831 30,284 28,971 36,076

Utilities

Chemicals

Landscaping

Seed

Fertilizer

Equipment rent

Laundry and uniforms Professional services

Supplies Training

9,394 1,420

6,655

685

$

2,945,410

$

2,654,037

General and administrative: Payroll and related costs

$

856,483 208,266 134,432 106,026 105,843 74,767 65,978 48,516 39,393 13,577 13,464 10,549

$

726,243 179,129 133,743 77,380 107,708 73,806 61,125 36,528

Professional services

Property tax

Insurance

Information technology costs

Utilities

Bank charges and fees

Security services

Bad debt Supplies

5,182

11,331

Dues and subscriptions

9,742

Taxes and licenses

11,988

Postage

6,175 4,721 4,594 4,298

4,336

Travel

-

Equipment rent

6,750

Training

13,173

Laundry and uniforms Repairs and maintenance

372

525

-

62

$

1,697,454

$

1,458,751

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