June 11, 2020 Directors Report

OUTDOOR RESORT/PALM SPRINGS OWNERS ASSOCATION OPERATING FUND REVENUES & EXPENSES

REVENUES Activities Revenue:

This

Budget

Last Year

This Year

Budget

Last Year

===================

Month

Month Variance

Month

to Date to Date Variance

to Date

ORPS Events

- - - - - - -

- - - - - - -

- - - - - - -

142

93,797

142,406

(48,609)

108,604

Saturday-Coffee & Doughnuts

-

65

664

(599)

109

Saturday Ice Cream NON ORPS Events

172

2,378 3,264

2,305 1,103

73

2,779 7,924

75

2,161

Flea Market Contributions

- -

228

56

172

- -

Misc.Other Events

-

9,000

(9,000) (55,802)

TOTAL REVENUES

389

99,732

155,534

119,417

EXPENSES Activities Expense: =================== DIRECT EXPENSES ORPS Events

- - - - - - - - -

- - - - - - - - - - - - -

- - - - - - - - -

7

56,399

94,805

38,406

62,556

NON ORPS Events

- -

125

- -

(125)

150 750

Concerts/Entertainment

-

-

Ice Cream Social Coffee Doughnuts

100

1,947

1,729

(218)

2,109

- - - - -

36

498

462

655

Bus Trips

-

-

-

-

Decorations ORPS Event

572

1,500

928

42

Decorations NON ORPS Event Linen Expense ORPS Event Linen Expense NON ORPS Event Paper Goods/Supplies ORPS Event Paper Goods/Supplies NON ORPS Event

-

-

-

-

518

1,371

853

1,433

117

(117)

36

1,150

-

(1,150)

956 564 157

- -

- -

- -

321

4,100

3,779

-

-

-

TOTAL DIRECT EXPENSES

117

(117)

143

61,067

104,003

42,936

69,371

NON DIRECT EXPENSES Photocopier Service

- - -

75

75

0 1

856

1,900 2,888

1,044

3,432 2,576

License/Permits

- - - - - - - -

- -

2,423

465

Dues & Subscriptions

- - -

-

- - -

-

319

Mileage/Travel Office Equipment Office Supplies

(20)

20

105

(105)

85

- - -

- - -

1,068 1,150

(1,068)

696

514

850 150 990

(300) (122)

2,033

Printing Uniforms

-

272

-

18

(18)

105

2,678

(1,688)

1,051

Comp Coffee & Supplies

- - - -

-

-

13

-

(13)

-

Movie Rentals

30

30

17 10

129

180

51

107

Cash (Over) Short Events Cleaning

-

-

71

-

(71)

18

4,524 5,580 4,848

4,524

-

-

30,624 77,554 33,936 149,072

30,624

1,858

Wages

10,445

(4,865)

11,649

96,348 24,011 129,125

(18,794)

104,929 22,940 140,044

Payroll Taxes & Emp Benefits

3,096

1,752 1,519

1,588

9,925

TOTAL NON DIRECT EXPENSES

13,538

15,057

13,883

19,947

TOTAL EXPENSES

13,655

15,057

1,402

14,026

190,192

253,075

62,883

209,415

NET INCOME/LOSS

(13,655)

(15,057)

(1,402)

(13,637)

(90,461)

(97,541)

(118,685)

(89,998)

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