ASSETS CASH TOTAL DUE TO/FROM (434,930.69) 434,930.69 …

Sunflower Condominium Association, Inc. Page: 1Funds Balance Sheet

12/31/2020

c/o LCM Property Management1776 South Jackson Suite 300Denver CO 80210

Operating Reserves Total

ASSETS CASH100100 - Cash Citywide Banks 431,433.18 0.00 431,433.18 100150 - CWB Loan Pymt Acct 0.00 23,843.49 23,843.49 100400 - Mutual of Omaha CD 0.00 131,331.41 131,331.41

¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL CASH 431,433.18 155,174.90 586,608.08

DUE (TO)/FROM111200 - Due (To)/From (267,646.77) 267,646.77 0.00 111210 - Due (To)/From Loan Pymt Acct (167,283.92) 167,283.92 0.00

¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL DUE TO/FROM (434,930.69) 434,930.69 0.00

¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ NET (3,497.51) 590,105.59 586,608.08

ACCOUNTS RECEIVABLE130100 - Assessments Receivable 74,659.22 0.00 74,659.22 130200 - Allowance for Bad Debt Current (5,900.00) 0.00 (5,900.00)

¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL ACCOUNTS RECEIVABLE 68,759.22 0.00 68,759.22 OTHER RECEIVABLES140300 - Ins Claim Rec 3460 Drain 235.75 0.00 235.75 140400 - Ins Claim Rec 3440 Sewer Hole 10,439.68 0.00 10,439.68 140500 - Restitution Receivable 1,903.93 0.00 1,903.93

¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL OTHER RECEIVABLES 12,579.36 0.00 12,579.36 OTHER CURRENT ASSETS150100 - Prepaid Expenses 25,630.43 0.00 25,630.43 150200 - Prepaid Income Taxes 496.00 0.00 496.00

¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL OTHER CURRENT ASSET 26,126.43 0.00 26,126.43

¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL ASSETS 103,967.50 590,105.59 694,073.09

–––––––––––– –––––––––––– –––––––––––– LIABILITIES ACCOUNTS PAYABLE200100 - Prepaid Assessments 23,527.01 0.00 23,527.01 200200 - Accounts Payable 410.46 0.00 410.46

¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL ACCOUNTS PAYABLE 23,937.47 0.00 23,937.47 OTHER PAYABLES210400 - Other Payable 4 56.95 0.00 56.95

¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL OTHER PAYABLES 56.95 0.00 56.95 UNEXPENDED PROCEEDS230100 - Unexpnd Ins Proceeds Roof Claim 0.00 522,176.77 522,176.77 230200 - Unexpnd Ins Proceeds Water Loss 7,282.70 0.00 7,282.70

¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOT UNEXPENDED PROCEEDS 7,282.70 522,176.77 529,459.47 LONG-TERM LIABILITIES240100 - M of Omaha Loan $1,679,990.62 0.00 1,313,194.54 1,313,194.54

¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL LONG-TERM LIABILITI 0.00 1,313,194.54 1,313,194.54

¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL LIABILITIES 31,277.12 1,835,371.31 1,866,648.43

EQUITY FUND BALANCES


12/31/2020



301200 - Retained Earnings (1,004,772.94) 772,048.25 (232,724.69)301210 - R.E. Garages & Carports 14,043.44 85,800.00 99,843.44 301300 - Inter Fund Transfers 1,017,644.73 (1,017,644.73) 0.00 301560 - Returned Ins Proceeds 0.00 (744,340.82) (744,340.82) Current Earnings 45,775.15 (341,128.42) (295,353.27)

¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL EQUITY 72,690.38 (1,245,265.72) (1,172,575.34)

¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL LIABILITIES & EQUITY 103,967.50 590,105.59 694,073.09

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Sunflower Condominium Association, Inc. Page: 1Funds Income Statement YTD

12/31/2020


YTD Operating

YTD Reserves

YTD Total

REVENUESASSESSMENTS400100 - Assessments 764,376.00 0.00 764,376.00 410200 - Assessments - Garage 14,160.00 0.00 14,160.00 410900 - Revenue Due To Reserves (138,708.00) 0.00 (138,708.00)410920 - Revenue Due To Reserves-Garages (14,400.00) 0.00 (14,400.00)410961 - Revenue Due Reserves-Loan (167,391.96) 0.00 (167,391.96)402200 - Assessments Reserves 0.00 138,708.00 138,708.00 402300 - Assessments Reserves-Garage 0.00 14,400.00 14,400.00 402500 - Assessments Res-Loan 0.00 167,391.96 167,391.96

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯TOTAL ASSESSMENTS 458,036.04 320,499.96 778,536.00

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯OTHER REVENUES420100 - Late Charges (1,460.00) 0.00 (1,460.00)420300 - Late Interest 3,724.90 0.00 3,724.90 430100 - Interest Income (41.86) 3,444.87 3,403.01 445100 - Fines & Violations 25.00 0.00 25.00 445300 - Collection/NSF Fees 125.00 0.00 125.00 445700 - Repairs & Maint Reimbursements 2,278.30 0.00 2,278.30 475050 - Proceeds On Sale Of Unit 25,885.29 0.00 25,885.29

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯TOTAL OTHER REVENUES 30,536.63 3,444.87 33,981.50

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯ TOTAL REVENUES 488,572.67 323,944.83 812,517.50

–––––––––– –––––––––– –––––––––––

EXPENSESBUILDING EXPENSES500105 - Building Maint & Repair 7,440.97 0.00 7,440.97 500700 - Plumbing 0.00 9,684.00 9,684.00 500705 - Plumbing/Sewer 13,854.76 0.00 13,854.76 501000 - Electrical 475.00 0.00 475.00 501310 - Lighting 467.84 0.00 467.84 502100 - Roof 2,881.00 556,283.44 559,164.44 502505 - Gutters 3,600.00 0.00 3,600.00 503900 - Locks & Keys 373.00 0.00 373.00

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯TOTAL BUILDING EXPENSES 29,092.57 565,967.44 595,060.01 MECHANICAL EQUIPMENT SYSTEMS525200 - HVAC/Boiler Repairs 6,474.40 0.00 6,474.40 525750 - Chiller Tower-Water Treatment 5,940.00 0.00 5,940.00

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯TOTAL MECHANICAL EQUIPMENT SYSTEMS 12,414.40 0.00 12,414.40 FIRE ENTRY SECURITY SYS & SERVICES545050 - Fire/Entry/Security Systems 453.20 0.00 453.20

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯TOTAL FIRE ENTRY SECURITY SYS & SERVICES 453.20 0.00 453.20 RECREATION FACILITIES600100 - Pool Service Contract 3,200.00 0.00 3,200.00 600600 - Pool Chemicals & Supplies 1,009.06 0.00 1,009.06 600603 - Pool Maint & Repair 210.00 0.00 210.00 620100 - Clubhouse 114.52 0.00 114.52

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯TOTAL RECREATION FACILITIES 4,533.58 0.00 4,533.58 GROUNDS700100 - Landscape Contract 26,996.86 0.00 26,996.86 700150 - Grounds Maintenance 5,926.17 0.00 5,926.17 700250 - Pet Waste Clean Up 274.34 0.00 274.34 700400 - Trees 13,074.00 0.00 13,074.00


12/31/2020


YTD Operating

YTD Reserves

YTD Total

700805 - Pest Control 600.00 0.00 600.00 700900 - Sprinklers 9,765.13 0.00 9,765.13 701500 - Snow Removal 46,431.60 0.00 46,431.60 720100 - Concrete 0.00 15,490.00 15,490.00 720200 - Asphalt 0.00 6,500.00 6,500.00 720300 - Fences 0.00 14,387.72 14,387.72 721500 - Ponds Contract 3,200.00 0.00 3,200.00

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯TOTAL GROUNDS EXPENSE 106,268.10 36,377.72 142,645.82 UTILITIES800100 - Gas & Electricity 45,516.60 0.00 45,516.60 800300 - Water & Sewer 111,521.61 0.00 111,521.61 800800 - Trash Removal 20,291.00 0.00 20,291.00

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯TOTAL UTILITIES 177,329.21 0.00 177,329.21 GENERAL ADMINISTRATIVE900100 - Management 28,200.00 0.00 28,200.00 900400 - Legal 30,060.27 0.00 30,060.27 900500 - Reimbursed Legal (14,291.95) 0.00 (14,291.95)900700 - Insurance 60,207.54 0.00 60,207.54 900850 - Loan Interest 0.00 62,693.09 62,693.09 902200 - Office Supplies & Expense 2,033.25 0.00 2,033.25 903200 - Bank Charges 35.00 35.00 70.00 903300 - A/R Adjs/Balance W/O 4,741.71 0.00 4,741.71 904999 - Other General Admin Expenses 1,322.84 0.00 1,322.84

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯TOTAL GENERAL ADMINISTRATIVE 112,308.66 62,728.09 175,036.75 ASSOCIATION OWNED UNITS920100 - Association Unit Dues 397.80 0.00 397.80

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯TOTAL ASSOCIATION OWNED UNITS 397.80 0.00 397.80

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯TOTAL EXPENSES 442,797.52 665,073.25 1,107,870.77

–––––––––– –––––––––– –––––––––––NET INCOME/(LOSS) 45,775.15 (341,128.42) (295,353.27)

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Sunflower Condominium Association, Inc. Page: 1Budget Comparison - Operating Fund

12/31/2020


Current Mnth Actual

Current Mnth Budget

Current Mnth Variance

Current YTD Actual

Current YTD Budget

Current YTD Variance

Current YearTotal Budget

ASSESSMENT REVENUE63,698 63,702 (4) 1.400100 Assessments 764,376 764,380 (4) 764,380 1,180 1,200 (20) 1.410200 Assessments - Garage 14,160 14,400 (240) 14,400

(11,559) (11,561) 2 1.410900 Revenue Due To Reserves (138,708) (138,710) 2 (138,710)(1,200) (1,200) 0 1.410920 Revenue Due To Reserves-Garages (14,400) (14,400) 0 (14,400)

(13,949) (13,953) 4 1.410961 Revenue Due Reserves-Loan (167,392) (167,392) 0 (167,392)¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯38,170 38,188 (18) TOTAL OPERATING ASSESSMENTS 458,036 458,278 (242) 458,278

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯OTHER OPERATING REVENUE

(185) 0 (185) 1.420100 Late Charges (1,460) 0 (1,460) 0 545 0 545 1.420300 Late Interest 3,725 0 3,725 0 (42) 0 (42) 1.430100 Interest Income (42) 0 (42) 0

0 0 0 1.445100 Fines & Violations 25 0 25 0 125 0 125 1.445300 Collection/NSF Fees 125 0 125 0

0 0 0 1.445700 Repair & Maintenance Reimbursements 2,278 0 2,278 0 0 0 0 1.475050 Proceeds on Sale of Unit 25,885 0 25,885 0

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯443 0 443 TOTAL OTHER OPERATING INCOME 30,537 0 30,537 0

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯38,612 38,188 424 TOTAL OPERATING REVENUE 488,573 458,278 30,295 458,278

––––––– ––––––– ––––––– –––––––– –––––––– ––––––– ––––––––OPERATING EXPENSESBUILDING

415 1,663 1,248 1.500105 Building Maint & Repair 7,441 20,000 12,559 20,000 2,770 1,250 (1,520) 1.500705 Plumbing/Sewer 13,855 15,000 1,145 15,000

0 125 125 1.501000 Electrical 475 1,500 1,025 1,500 193 75 (118) 1.501310 Lighting 468 900 432 900

6 625 619 1.502100 Roof 2,881 7,500 4,619 7,500 0 516 516 1.502505 Gutters 3,600 6,170 2,570 6,170 0 38 38 1.503500 Garage 0 500 500 500 0 38 38 1.503900 Doors Locks & Keys 373 500 127 500

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯3,384 4,330 946 TOTAL BUILDING EXPENSES 29,093 52,070 22,977 52,070

MECHANICAL EQUIPMENT SYSTEMS510 1,327 817 1.525200 HVAC/Boiler Repairs 6,474 15,880 9,406 15,880 495 138 (357) 1.525750 Chiller Tower-Water Treatment 5,940 1,700 (4,240) 1,700

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯1,005 1,465 460 TOTAL MECHANICAL/EQUIPMENT SYSTEMS 12,414 17,580 5,166 17,580

FIRE ENTRY SECURITY SYSTEMS & SERVICES0 0 0 1.545050 Fire/Entry/Security Systems 453 0 (453) 0

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯0 0 0 TOTAL FIRE ENTRY SECURITY SYS & SRVS 453 0 (453) 0

RECREATION FACILITIES0 0 0 1.600100 Pool Service Contract 3,200 5,250 2,050 5,250 0 0 0 1.600600 Pool Chemicals & Supplies 1,009 3,500 2,491 3,500 0 0 0 1.600603 Pool Maint & Repair 210 500 290 500 0 38 38 1.620100 Clubhouse 115 500 385 500

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯0 38 38 TOTAL RECREATION FACILITIES 4,534 9,750 5,216 9,750

GROUNDS1,975 2,050 75 1.700100 Landscape Contract 26,997 24,600 (2,397) 24,600

418 250 (168) 1.700150 Grounds Maintenance 5,926 3,000 (2,926) 3,000 0 87 87 1.700250 Pet Waste Clean Up 274 1,000 726 1,000 0 413 413 1.700400 Trees 13,074 5,000 (8,074) 5,000 0 120 120 1.700805 Pest Control 600 1,440 840 1,440 0 0 0 1.700900 Sprinklers 9,765 3,300 (6,465) 3,300

2,321 6,000 3,679 1.701500 Snow Removal 46,432 30,000 (16,432) 30,000 0 263 263 1.710610 Streets/Sidewalks 0 3,200 3,200 3,200 0 63 63 1.720300 Fences 0 800 800 800 0 19 19 1.720315 Grounds Signage 0 250 250 250 0 363 363 1.721500 Ponds Contract 3,200 4,400 1,200 4,400

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯4,714 9,628 4,914 TOTAL GROUNDS EXPENSE 106,268 76,990 (29,278) 76,990

UTILITIES7,225 3,414 (3,811) 1.800100 Gas & Electricity 45,517 40,990 (4,527) 40,990 8,847 6,744 (2,103) 1.800300 Water & Sewer 111,522 80,950 (30,572) 80,950 1,688 1,474 (214) 1.800800 Trash Removal 20,291 17,710 (2,581) 17,710

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯17,759 11,632 (6,127) TOTAL UTILITIES EXPENSE 177,329 139,650 (37,679) 139,650

ADMINISTRATIVEADMINISTRATIVE GENERAL

2,350 2,350 0 1.900100 Management 28,200 28,200 0 28,200 1,625 2,500 876 1.900400 Legal 30,060 30,000 (60) 30,000

(1,375) (653) 722 1.900500 Reimbursed Legal (14,292) (7,902) 6,390 (7,902)60,208 8,365 (51,843) 1.900700 Insurance 60,208 100,380 40,172 100,380

0 37 37 1.900900 Audit/Review/Tax Prep 0 400 400 400 0 88 88 1.901200 Property Taxes 0 1,100 1,100 1,100


12/31/2020


Current Mnth Actual

Current Mnth Budget


Current YTD Actual

Current YTD Budget



288 232 (56) 1.902200 Office Supplies & Expense 2,033 2,740 707 2,740 0 31 31 1.903200 Bank Charges 35 350 315 350 0 0 0 1.903300 A/R Adjs/Balance W/O 4,742 0 (4,742) 0 0 163 163 1.904999 Other General Admin Expenses 1,323 2,000 677 2,000

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯63,095 13,113 (49,982) TOTAL GENERAL ADMIN EXP 112,309 157,268 44,959 157,268

ASSOCIATION OWNED UNITS EXPENSE0 386 386 1.920100 Association Unit Dues 398 4,610 4,212 4,610 0 10 10 1.920300 Association Unit Utilities 0 120 120 120 0 20 20 1.920560 Assn Garage/Parking 0 240 240 240

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯0 416 416 TOTAL ASSOCITION OWNED UNIT EXPENSE 398 4,970 4,572 4,970

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯89,957 40,622 (49,335) TOTAL OPERATING EXPENSES 442,798 458,278 15,480 458,278

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯(51,345) (2,434) (48,911) NET OPERATING INCOME/(LOSS) 45,775 0 45,775 0 ––––––– ––––––– ––––––– –––––––– –––––––– ––––––– ––––––––

970-226-1324; 866-577-9578 toll free www.AssociationOnline.com 2809 E Harmony #100 Fort Collins, CO 80528

Financial Audit

Per management, this association does not have an available financial audit.


03/31/2021



ASSETS CASH100100 - Cash Citywide Banks 74,587.39 420,000.35 494,587.74 100150 - CWB Loan Pymt Acct 0.00 1,960.87 1,960.87 100400 - Mutual of Omaha CD 0.00 131,838.77 131,838.77

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL CASH 74,587.39 553,799.99 628,387.38

DUE (TO)/FROM111200 - Due (To)/From 436,625.00 (436,625.00) 0.00 111210 - Due (To)/From Loan Pymt Acct (41,847.00) 41,847.00 0.00 111250 - Due (To)/From Prior Years (267,646.77) 267,646.77 0.00 111260 - Due (To)/From Prior Years 2 (167,283.92) 167,283.92 0.00

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL DUE TO/FROM (40,152.69) 40,152.69 0.00

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ NET 34,434.70 593,952.68 628,387.38


¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL ACCOUNTS RECEIVABLE 63,525.42 0.00 63,525.42 OTHER RECEIVABLES140300 - Ins Claim Rec 3460 Drain 235.75 0.00 235.75 140400 - Ins Claim Rec 3440 Sewer Hole 10,439.68 0.00 10,439.68 140500 - Restitution Receivable 1,903.93 0.00 1,903.93

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL OTHER RECEIVABLES 12,579.36 0.00 12,579.36 OTHER CURRENT ASSETS150100 - Prepaid Expenses 25,630.43 0.00 25,630.43 150200 - Prepaid Income Taxes 496.00 0.00 496.00

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL OTHER CURRENT ASSET 26,126.43 0.00 26,126.43

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL ASSETS 136,665.91 593,952.68 730,618.59

––––––––––– –––––––––––– –––––––––––– LIABILITIES ACCOUNTS PAYABLE200100 - Prepaid Assessments 36,973.27 0.00 36,973.27 200200 - Accounts Payable 410.46 0.00 410.46

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL ACCOUNTS PAYABLE 37,383.73 0.00 37,383.73 OTHER PAYABLES210400 - Other Payable 4 56.95 0.00 56.95

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL OTHER PAYABLES 56.95 0.00 56.95 UNEXPENDED PROCEEDS230100 - Unexpnd Ins Proceeds Roof Claim 0.00 522,176.77 522,176.77 230200 - Unexpnd Ins Proceeds Water Loss 7,282.70 0.00 7,282.70

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOT UNEXPENDED PROCEEDS 7,282.70 522,176.77 529,459.47 LONG-TERM LIABILITIES240100 - M of Omaha Loan $1,679,990.62 0.00 1,286,023.57 1,286,023.57

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL LONG-TERM LIABILITI 0.00 1,286,023.57 1,286,023.57

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL LIABILITIES 44,723.38 1,808,200.34 1,852,923.72


03/31/2021



EQUITY FUND BALANCES301200 - Retained Earnings (958,997.79) (313,420.99) (1,272,418.78)301210 - R.E. Garages & Carports 14,043.44 85,800.00 99,843.44 301300 - Inter Fund Transfers 1,017,644.73 (1,017,644.73) 0.00 Current Earnings 19,252.15 31,018.06 50,270.21

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL EQUITY 91,942.53 (1,214,247.66) (1,122,305.13)

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL LIABILITIES & EQUITY 136,665.91 593,952.68 730,618.59

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03/31/2021


YTD Operating

YTD Reserves

YTD Total


¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯TOTAL ASSESSMENTS 123,358.20 74,880.00 198,238.20

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯OTHER REVENUES420100 - Late Charges (756.00) 0.00 (756.00)420300 - Late Interest 501.42 0.00 501.42 430100 - Interest Income 0.00 508.08 508.08 445300 - Collection/NSF Fees 250.00 0.00 250.00

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯TOTAL OTHER REVENUES (4.58) 508.08 503.50

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ TOTAL REVENUES 123,353.62 75,388.08 198,741.70

––––––––– –––––––– –––––––––

EXPENSESBUILDING EXPENSES500105 - Building Maint & Repair 2,727.26 0.00 2,727.26 500135 - Building Restoration 0.00 9,996.00 9,996.00 500705 - Plumbing/Sewer 7,269.00 19,662.00 26,931.00 501310 - Lighting 1,439.76 0.00 1,439.76 503500 - Garage 245.00 0.00 245.00 503900 - Locks & Keys 250.00 0.00 250.00

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯TOTAL BUILDING EXPENSES 11,931.02 29,658.00 41,589.02 MECHANICAL EQUIPMENT SYSTEMS525200 - HVAC/Boiler Repairs 2,138.00 0.00 2,138.00 525750 - Chiller Tower-Water Treatment 3,185.00 0.00 3,185.00

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯TOTAL MECHANICAL EQUIPMENT SYSTEMS 5,323.00 0.00 5,323.00 FIRE ENTRY SECURITY SYS & SERVICES545050 - Fire/Entry/Security Systems 1,006.50 0.00 1,006.50

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯TOTAL FIRE ENTRY SECURITY SYS & SERVICES 1,006.50 0.00 1,006.50 RECREATION FACILITIES600100 - Pool Service Contract 400.00 0.00 400.00

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯TOTAL RECREATION FACILITIES 400.00 0.00 400.00 GROUNDS700150 - Grounds Maintenance 1,800.18 0.00 1,800.18 700400 - Trees 5,750.00 0.00 5,750.00 701500 - Snow Removal 15,602.25 0.00 15,602.25

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯TOTAL GROUNDS EXPENSE 23,152.43 0.00 23,152.43 UTILITIES800100 - Gas & Electricity 12,402.05 0.00 12,402.05 800300 - Water & Sewer 23,226.75 0.00 23,226.75 800800 - Trash Removal 5,302.00 0.00 5,302.00

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯TOTAL UTILITIES 40,930.80 0.00 40,930.80 GENERAL ADMINISTRATIVE


03/31/2021


YTD Operating

YTD Reserves

YTD Total

900100 - Management 7,050.00 0.00 7,050.00 900400 - Legal 6,446.90 0.00 6,446.90 900500 - Reimbursed Legal (5,689.90) 0.00 (5,689.90)900700 - Insurance 11,368.98 0.00 11,368.98 900850 - Loan Interest 0.00 14,677.02 14,677.02 902200 - Office Supplies & Expense 282.63 0.00 282.63 903200 - Bank Charges 0.00 35.00 35.00 904999 - Other General Admin Expenses 1,899.11 0.00 1,899.11

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯TOTAL GENERAL ADMINISTRATIVE 21,357.72 14,712.02 36,069.74

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯TOTAL EXPENSES 104,101.47 44,370.02 148,471.49

––––––––– –––––––– –––––––––NET INCOME/(LOSS) 19,252.15 31,018.06 50,270.21

––––––––– –––––––– –––––––––


03/31/2021


Current Mnth Actual

Current Mnth Budget


Current YTD Actual

Current YTD Budget



ASSESSMENT REVENUE65,194 65,131 63 1.400100 Assessments 195,583 195,393 190 781,574

885 1,200 (315) 1.410200 Assessments - Garage 2,655 3,600 (945) 14,400 (9,811) (9,810) (1) 1.410900 Revenue Due To Reserves (29,433) (29,430) (3) (117,727)(1,200) (1,200) 0 1.410920 Revenue Due To Reserves-Garages (3,600) (3,600) 0 (14,400)

(13,949) (13,949) 0 1.410961 Revenue Due Reserves-Loan (41,847) (41,847) 0 (167,392)¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯41,119 41,372 (253) TOTAL OPERATING ASSESSMENTS 123,358 124,116 (758) 496,455

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯OTHER OPERATING REVENUE

(40) 0 (40) 1.420100 Late Charges (756) 0 (756) 0 510 0 510 1.420300 Late Interest 501 0 501 0 375 0 375 1.445300 Collection/NSF Fees 250 0 250 0

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯845 0 845 TOTAL OTHER OPERATING INCOME (5) 0 (5) 0

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯41,964 41,372 592 TOTAL OPERATING REVENUE 123,354 124,116 (762) 496,455

––––––– ––––––– –––––– ––––––– ––––––– –––––– ––––––––OPERATING EXPENSESBUILDING

1,670 1,250 (420) 1.500105 Building Maint & Repair 2,727 3,750 1,023 15,000 2,410 1,209 (1,201) 1.500705 Plumbing/Sewer 7,269 3,627 (3,642) 14,510

0 125 125 1.501000 Electrical 0 375 375 1,500 361 42 (319) 1.501310 Lighting 1,440 126 (1,314) 510

0 416 416 1.502100 Roof 0 1,248 1,248 5,000 0 208 208 1.502505 Gutters 0 624 624 2,500

245 41 (204) 1.503500 Garage 245 123 (122) 500 0 125 125 1.503900 Doors Locks & Keys 250 375 125 1,500

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯4,685 3,416 (1,269) TOTAL BUILDING EXPENSES 11,931 10,248 (1,683) 41,020

MECHANICAL EQUIPMENT SYSTEMS910 416 (494) 1.525200 HVAC/Boiler Repairs 2,138 1,248 (890) 5,000 495 500 5 1.525750 Chiller Tower-Water Treatment 3,185 1,500 (1,685) 6,000

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯1,405 916 (489) TOTAL MECHANICAL/EQUIPMENT SYSTEMS 5,323 2,748 (2,575) 11,000

FIRE ENTRY SECURITY SYSTEMS & SERVICES0 41 41 1.545050 Fire/Entry/Security Systems 1,007 123 (884) 500

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯0 41 41 TOTAL FIRE ENTRY SECURITY SYS & SRVS 1,007 123 (884) 500

RECREATION FACILITIES0 0 0 1.600100 Pool Service Contract 400 0 (400) 7,500 0 0 0 1.600600 Pool Chemicals & Supplies 0 0 0 3,500 0 0 0 1.600603 Pool Maint & Repair 0 0 0 670 0 41 41 1.620100 Clubhouse 0 123 123 500

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯0 41 41 TOTAL RECREATION FACILITIES 400 123 (277) 12,170

GROUNDS0 2,083 2,083 1.700100 Landscape Contract 0 6,249 6,249 25,000

995 300 (695) 1.700150 Grounds Maintenance 1,800 900 (900) 3,600 0 41 41 1.700250 Pet Waste Clean Up 0 123 123 500 0 833 833 1.700400 Trees 5,750 2,499 (3,251) 10,000 0 70 70 1.700805 Pest Control 0 210 210 840 0 0 0 1.700900 Sprinklers 0 0 0 5,000

9,737 4,666 (5,071) 1.701500 Snow Removal 15,602 13,332 (2,270) 40,000 0 166 166 1.720300 Fences 0 498 498 2,000 0 366 366 1.721500 Ponds Contract 0 1,098 1,098 4,400

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯10,732 8,525 (2,207) TOTAL GROUNDS EXPENSE 23,152 24,909 1,757 91,340

UTILITIES7,995 4,016 (3,979) 1.800100 Gas & Electricity 12,402 11,722 (680) 43,380 7,357 7,966 609 1.800300 Water & Sewer 23,227 23,898 671 114,160 1,807 1,520 (287) 1.800800 Trash Removal 5,302 4,560 (742) 18,240

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯17,158 13,502 (3,656) TOTAL UTILITIES EXPENSE 40,931 40,180 (751) 175,780


2,350 2,350 0 1.900100 Management 7,050 7,050 0 28,200 2,102 2,083 (19) 1.900400 Legal 6,447 6,249 (198) 25,000

(1,883) (745) 1,138 1.900500 Reimbursed Legal (5,690) (2,235) 3,455 (8,945)5,684 8,666 2,982 1.900700 Insurance 11,369 25,998 14,629 104,000

0 416 416 1.900900 Audit/Review/Tax Prep 0 1,248 1,248 5,000 0 91 91 1.901200 Property Taxes 0 273 273 1,100 0 291 291 1.902200 Office Supplies & Expense 283 873 590 3,500 0 419 419 1.903400 Bad Debt 0 1,257 1,257 5,030

124 146 22 1.904999 Other General Admin Expenses 1,899 438 (1,461) 1,760 ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯

8,377 13,717 5,340 TOTAL GENERAL ADMIN EXP 21,358 41,151 19,793 164,645 ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯


03/31/2021


Current Mnth Actual

Current Mnth Budget


Current YTD Actual

Current YTD Budget



42,357 40,158 (2,199) TOTAL OPERATING EXPENSES 104,101 119,482 15,381 496,455 ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯

(393) 1,214 (1,607) NET OPERATING INCOME/(LOSS) 19,252 4,634 14,618 0 ––––––– ––––––– –––––– ––––––– ––––––– –––––– ––––––––

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11/30/2021



ASSETS CASH100100 - Cash Citywide Banks 102,308.07 336,596.00 438,904.07 100150 - CWB Loan Pymt Acct 0.00 18,265.54 18,265.54 100400 - Mutual of Omaha CD 0.00 132,755.33 132,755.33

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL CASH 102,308.07 487,616.87 589,924.94

DUE (TO)/FROM111200 - Due (To)/From (111,861.98) 111,861.98 0.00

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL DUE TO/FROM (111,861.98) 111,861.98 0.00

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ NET (9,553.91) 599,478.85 589,924.94


¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL ACCOUNTS RECEIVABLE 21,550.39 0.00 21,550.39 OTHER RECEIVABLES140300 - Ins Claim Rec 3460 Drain 235.75 0.00 235.75 140400 - Ins Claim Rec 3440 Sewer Hole 10,439.68 0.00 10,439.68 140500 - Restitution Receivable 1,903.93 0.00 1,903.93

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL OTHER RECEIVABLES 12,579.36 0.00 12,579.36 OTHER CURRENT ASSETS150100 - Prepaid Expenses 25,630.43 0.00 25,630.43 150200 - Prepaid Income Taxes 496.00 0.00 496.00

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL OTHER CURRENT ASSET 26,126.43 0.00 26,126.43

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL ASSETS 50,702.27 599,478.85 650,181.12

––––––––––– –––––––––––– –––––––––––– LIABILITIES ACCOUNTS PAYABLE200100 - Prepaid Assessments 23,815.59 0.00 23,815.59 200200 - Accounts Payable 410.46 0.00 410.46

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL ACCOUNTS PAYABLE 24,226.05 0.00 24,226.05 OTHER PAYABLES210400 - Other Payable 4 56.95 0.00 56.95

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL OTHER PAYABLES 56.95 0.00 56.95 UNEXPENDED PROCEEDS230100 - Unexpnd Ins Proceeds Roof Claim 0.00 522,176.77 522,176.77 230200 - Unexpnd Ins Proceeds Water Loss 7,282.70 0.00 7,282.70 230300 - Unexp Prop Dam B5AB141CA 3,710.00 0.00 3,710.00

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOT UNEXPENDED PROCEEDS 10,992.70 522,176.77 533,169.47 LONG-TERM LIABILITIES240100 - M of Omaha Loan $1,679,990.62 0.00 1,212,157.15 1,212,157.15

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL LONG-TERM LIABILITI 0.00 1,212,157.15 1,212,157.15

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL LIABILITIES 35,275.70 1,734,333.92 1,769,609.62

EQUITY FUND BALANCES

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11/30/2021



301200 - Retained Earnings (958,997.79) (313,420.99) (1,272,418.78)301210 - R.E. Garages & Carports 14,043.44 85,800.00 99,843.44 301300 - Inter Fund Transfers 1,017,644.73 (1,017,644.73) 0.00 Current Earnings (57,263.81) 110,410.65 53,146.84

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL EQUITY 15,426.57 (1,134,855.07) (1,119,428.50)

¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯¯¯ TOTAL LIABILITIES & EQUITY 50,702.27 599,478.85 650,181.12

––––––––––– –––––––––––– ––––––––––––

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11/30/2021


Current Month Operating

Current Month Reserves

Current Month Total

REVENUESASSESSMENTS400100 - Assessments 65,194.40 0.00 65,194.40 410200 - Assessments - Garage 885.00 0.00 885.00 410900 - Revenue Due To Reserves (9,811.00) 0.00 (9,811.00)410920 - Revenue Due To Reserves-Garages (1,200.00) 0.00 (1,200.00)410961 - Revenue Due Reserves-Loan (13,949.00) 0.00 (13,949.00)402200 - Assessments Reserves 0.00 9,811.00 9,811.00 402300 - Assessments Reserves-Garage 0.00 1,200.00 1,200.00 402500 - Assessments Res-Loan 0.00 13,949.00 13,949.00

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯TOTAL ASSESSMENTS 41,119.40 24,960.00 66,079.40

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯OTHER REVENUES420100 - Late Charges (70.00) 0.00 (70.00)420300 - Late Interest 207.48 0.00 207.48 430100 - Interest Income 0.00 74.51 74.51 445700 - Repairs & Maint Reimbursements 250.60 0.00 250.60

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯TOTAL OTHER REVENUES 388.08 74.51 462.59

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ TOTAL REVENUES 41,507.48 25,034.51 66,541.99

––––––––– –––––––– –––––––––

EXPENSESBUILDING EXPENSES500105 - Building Maint & Repair 1,599.35 0.00 1,599.35 500705 - Plumbing/Sewer 1,095.00 0.00 1,095.00 502505 - Gutters 3,600.00 0.00 3,600.00

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯TOTAL BUILDING EXPENSES 6,294.35 0.00 6,294.35 MECHANICAL EQUIPMENT SYSTEMS525750 - Chiller Tower-Water Treatment 495.00 0.00 495.00

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯TOTAL MECHANICAL EQUIPMENT SYSTEMS 495.00 0.00 495.00 RECREATION FACILITIES620100 - Clubhouse 130.42 0.00 130.42

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯TOTAL RECREATION FACILITIES 130.42 0.00 130.42 GROUNDS700150 - Grounds Maintenance 289.00 0.00 289.00 700400 - Trees 1,000.00 0.00 1,000.00 701500 - Snow Removal 585.00 0.00 585.00 721500 - Ponds Contract 600.00 0.00 600.00

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯TOTAL GROUNDS EXPENSE 2,474.00 0.00 2,474.00 UTILITIES800100 - Gas & Electricity 4,612.27 0.00 4,612.27 800300 - Water & Sewer 9,926.41 0.00 9,926.41

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯TOTAL UTILITIES 14,538.68 0.00 14,538.68 GENERAL ADMINISTRATIVE900100 - Management 2,350.00 0.00 2,350.00 900400 - Legal 1,812.00 0.00 1,812.00 900500 - Reimbursed Legal (2,251.00) 0.00 (2,251.00)900700 - Insurance 112,691.53 0.00 112,691.53 900850 - Loan Interest 0.00 4,617.76 4,617.76 902200 - Office Supplies & Expense 343.23 0.00 343.23 903000 - Engineers/Consultants 0.00 11,836.55 11,836.55

¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯

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Current Month Operating

Current Month Reserves

Current Month Total

TOTAL GENERAL ADMINISTRATIVE 114,945.76 16,454.31 131,400.07 ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯

TOTAL EXPENSES 138,878.21 16,454.31 155,332.52 ––––––––– –––––––– –––––––––

NET INCOME/(LOSS) (97,370.73) 8,580.20 (88,790.53)––––––––– –––––––– –––––––––

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11/30/2021


YTD Operating

YTD Reserves

YTD Total


¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯TOTAL ASSESSMENTS 452,313.40 274,560.00 726,873.40

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯OTHER REVENUES420100 - Late Charges (1,160.29) 0.00 (1,160.29)420300 - Late Interest 3,551.73 0.00 3,551.73 430100 - Interest Income 0.00 1,457.55 1,457.55 445300 - Collection/NSF Fees (85.00) 0.00 (85.00)445700 - Repairs & Maint Reimbursements 1,334.70 0.00 1,334.70 475100 - Miscellaneous Income 225.50 0.00 225.50

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯TOTAL OTHER REVENUES 3,866.64 1,457.55 5,324.19

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯ TOTAL REVENUES 456,180.04 276,017.55 732,197.59

–––––––––– ––––––––– ––––––––––

EXPENSESBUILDING EXPENSES500100 - Building Maintenance 0.00 3,710.00 3,710.00 500105 - Building Maint & Repair 17,346.37 0.00 17,346.37 500135 - Building Restoration 0.00 9,996.00 9,996.00 500705 - Plumbing/Sewer 21,583.00 19,662.00 41,245.00 501000 - Electrical 0.00 18,321.00 18,321.00 501310 - Lighting 5,034.58 0.00 5,034.58 502505 - Gutters 7,200.00 0.00 7,200.00 503500 - Garage 245.00 0.00 245.00 503900 - Locks & Keys 250.00 0.00 250.00

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯TOTAL BUILDING EXPENSES 51,658.95 51,689.00 103,347.95 MECHANICAL EQUIPMENT SYSTEMS525050 - HVAC Systems 0.00 9,996.00 9,996.00 525200 - HVAC/Boiler Repairs 4,792.00 0.00 4,792.00 525750 - Chiller Tower-Water Treatment 7,145.00 0.00 7,145.00

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯TOTAL MECHANICAL EQUIPMENT SYSTEMS 11,937.00 9,996.00 21,933.00 FIRE ENTRY SECURITY SYS & SERVICES545050 - Fire/Entry/Security Systems 1,006.50 0.00 1,006.50

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯TOTAL FIRE ENTRY SECURITY SYS & SERVICES 1,006.50 0.00 1,006.50 RECREATION FACILITIES600100 - Pool Service Contract 8,146.22 0.00 8,146.22 600300 - Pool Equipment 0.00 1,737.11 1,737.11 600600 - Pool Chemicals & Supplies 2,090.44 0.00 2,090.44 600603 - Pool Maint & Repair 1,551.74 0.00 1,551.74 620100 - Clubhouse 2,081.78 0.00 2,081.78

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯TOTAL RECREATION FACILITIES 13,870.18 1,737.11 15,607.29 GROUNDS700100 - Landscape Contract 18,355.75 0.00 18,355.75 700150 - Grounds Maintenance 8,235.67 0.00 8,235.67

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11/30/2021


YTD Operating

YTD Reserves

YTD Total

700160 - Landscape Renovations 0.00 1,898.00 1,898.00 700400 - Trees 6,750.00 0.00 6,750.00 700900 - Sprinklers 2,956.07 0.00 2,956.07 701500 - Snow Removal 39,865.25 0.00 39,865.25 720100 - Concrete 0.00 9,928.00 9,928.00 720200 - Asphalt 0.00 26,082.00 26,082.00 720300 - Fences 225.50 0.00 225.50 721500 - Ponds Contract 600.00 0.00 600.00

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯TOTAL GROUNDS EXPENSE 76,988.24 37,908.00 114,896.24 UTILITIES800100 - Gas & Electricity 41,370.63 0.00 41,370.63 800300 - Water & Sewer 98,092.77 0.00 98,092.77 800800 - Trash Removal 18,352.20 0.00 18,352.20

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯TOTAL UTILITIES 157,815.60 0.00 157,815.60 GENERAL ADMINISTRATIVE900100 - Management 25,850.00 0.00 25,850.00 900400 - Legal 27,373.10 0.00 27,373.10 900500 - Reimbursed Legal (25,220.10) 0.00 (25,220.10)900700 - Insurance 158,167.45 0.00 158,167.45 900850 - Loan Interest 0.00 52,405.24 52,405.24 902200 - Office Supplies & Expense 1,493.76 0.00 1,493.76 903000 - Engineers/Consultants 1,479.75 11,836.55 13,316.30 903200 - Bank Charges 0.00 35.00 35.00 903400 - Bad Debt 6,997.99 0.00 6,997.99 904999 - Other General Admin Expenses 3,895.01 0.00 3,895.01

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯TOTAL GENERAL ADMINISTRATIVE 200,036.96 64,276.79 264,313.75 ASSOCIATION OWNED UNITS920100 - Association Unit Dues 130.42 0.00 130.42

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯TOTAL ASSOCIATION OWNED UNITS 130.42 0.00 130.42

¯¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯¯¯TOTAL EXPENSES 513,443.85 165,606.90 679,050.75

–––––––––– ––––––––– ––––––––––NET INCOME/(LOSS) (57,263.81) 110,410.65 53,146.84

–––––––––– ––––––––– ––––––––––

12/21/2021 Sunflower Condominium Association, Inc. Page: 110:34 AM Budget Comparison - Operating Fund

11/30/2021


Current Mnth Actual

Current Mnth Budget


Current YTD Actual

Current YTD Budget



ASSESSMENT REVENUE65,194 65,131 63 1.400100 Assessments 717,138 716,441 697 781,574

885 1,200 (315) 1.410200 Assessments - Garage 9,735 13,200 (3,465) 14,400 (9,811) (9,810) (1) 1.410900 Revenue Due To Reserves (107,921) (107,910) (11) (117,727)(1,200) (1,200) 0 1.410920 Revenue Due To Reserves-Garages (13,200) (13,200) 0 (14,400)

(13,949) (13,949) 0 1.410961 Revenue Due Reserves-Loan (153,439) (153,439) 0 (167,392)¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯41,119 41,372 (253) TOTAL OPERATING ASSESSMENTS 452,313 455,092 (2,779) 496,455

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯OTHER OPERATING REVENUE

(70) 0 (70) 1.420100 Late Charges (1,160) 0 (1,160) 0 207 0 207 1.420300 Late Interest 3,552 0 3,552 0

0 0 0 1.445300 Collection/NSF Fees (85) 0 (85) 0 251 0 251 1.445700 Repair & Maintenance Reimbursements 1,335 0 1,335 0

0 0 0 1.475100 Miscellaneous Income 226 0 226 0 ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯

388 0 388 TOTAL OTHER OPERATING INCOME 3,867 0 3,867 0 ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯41,507 41,372 135 TOTAL OPERATING REVENUE 456,180 455,092 1,088 496,455

––––––– ––––––– –––––––– –––––––– –––––––– ––––––– ––––––––OPERATING EXPENSESBUILDING

1,599 1,250 (349) 1.500105 Building Maint & Repair 17,346 13,750 (3,596) 15,000 1,095 1,209 114 1.500705 Plumbing/Sewer 21,583 13,299 (8,284) 14,510

0 125 125 1.501000 Electrical 0 1,375 1,375 1,500 0 42 42 1.501310 Lighting 5,035 462 (4,573) 510 0 416 416 1.502100 Roof 0 4,576 4,576 5,000

3,600 208 (3,392) 1.502505 Gutters 7,200 2,288 (4,912) 2,500 0 41 41 1.503500 Garage 245 451 206 500 0 125 125 1.503900 Doors Locks & Keys 250 1,375 1,125 1,500

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯6,294 3,416 (2,878) TOTAL BUILDING EXPENSES 51,659 37,576 (14,083) 41,020

MECHANICAL EQUIPMENT SYSTEMS0 416 416 1.525200 HVAC/Boiler Repairs 4,792 4,576 (216) 5,000

495 500 5 1.525750 Chiller Tower-Water Treatment 7,145 5,500 (1,645) 6,000 ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯

495 916 421 TOTAL MECHANICAL/EQUIPMENT SYSTEMS 11,937 10,076 (1,861) 11,000 FIRE ENTRY SECURITY SYSTEMS & SERVICES

0 41 41 1.545050 Fire/Entry/Security Systems 1,007 451 (556) 500 ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯

0 41 41 TOTAL FIRE ENTRY SECURITY SYS & SRVS 1,007 451 (556) 500 RECREATION FACILITIES

0 0 0 1.600100 Pool Service Contract 8,146 7,500 (646) 7,500 0 0 0 1.600600 Pool Chemicals & Supplies 2,090 3,500 1,410 3,500 0 0 0 1.600603 Pool Maint & Repair 1,552 670 (882) 670

130 41 (89) 1.620100 Clubhouse 2,082 451 (1,631) 500 ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯

130 41 (89) TOTAL RECREATION FACILITIES 13,870 12,121 (1,749) 12,170 GROUNDS

0 2,083 2,083 1.700100 Landscape Contract 18,356 22,913 4,557 25,000 289 300 11 1.700150 Grounds Maintenance 8,236 3,300 (4,936) 3,600

0 41 41 1.700250 Pet Waste Clean Up 0 451 451 500 1,000 833 (167) 1.700400 Trees 6,750 9,163 2,413 10,000

0 70 70 1.700805 Pest Control 0 770 770 840 0 0 0 1.700900 Sprinklers 2,956 5,000 2,044 5,000

585 6,666 6,081 1.701500 Snow Removal 39,865 31,997 (7,868) 40,000 0 166 166 1.720300 Fences 226 1,826 1,601 2,000

600 366 (234) 1.721500 Ponds Contract 600 4,026 3,426 4,400 ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯

2,474 10,525 8,051 TOTAL GROUNDS EXPENSE 76,988 79,446 2,458 91,340 UTILITIES

4,612 3,528 (1,084) 1.800100 Gas & Electricity 41,371 39,776 (1,595) 43,380 9,926 7,966 (1,960) 1.800300 Water & Sewer 98,093 106,187 8,094 114,160

0 1,520 1,520 1.800800 Trash Removal 18,352 16,720 (1,632) 18,240 ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯14,539 13,014 (1,525) TOTAL UTILITIES EXPENSE 157,816 162,683 4,867 175,780


2,350 2,350 0 1.900100 Management 25,850 25,850 0 28,200 1,812 2,083 271 1.900400 Legal 27,373 22,913 (4,460) 25,000

(2,251) (745) 1,506 1.900500 Reimbursed Legal (25,220) (8,195) 17,025 (8,945)112,692 8,666 (104,026) 1.900700 Insurance 158,167 95,326 (62,841) 104,000

0 416 416 1.900900 Audit/Review/Tax Prep 0 4,576 4,576 5,000 0 91 91 1.901200 Property Taxes 0 1,001 1,001 1,100

343 291 (52) 1.902200 Office Supplies & Expense 1,494 3,201 1,707 3,500 0 0 0 1.903000 Engineers/Consultants 1,480 0 (1,480) 0 0 419 419 1.903400 Bad Debt 6,998 4,609 (2,389) 5,030 0 146 146 1.904999 Other General Admin Expenses 3,895 1,606 (2,289) 1,760

12/21/2021 Sunflower Condominium Association, Inc. Page: 210:34 AM Budget Comparison - Operating Fund

11/30/2021


Current Mnth Actual

Current Mnth Budget


Current YTD Actual

Current YTD Budget



¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯114,946 13,717 (101,229) TOTAL GENERAL ADMIN EXP 200,037 150,887 (49,150) 164,645

ASSOCIATION OWNED UNITS EXPENSE0 0 0 1.920100 Association Unit Dues 130 0 (130) 0

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯0 0 0 TOTAL ASSOCITION OWNED UNIT EXPENSE 130 0 (130) 0

¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯138,878 41,670 (97,208) TOTAL OPERATING EXPENSES 513,444 453,240 (60,204) 496,455 ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯ ¯¯¯¯¯¯¯¯(97,371) (298) (97,073) NET OPERATING INCOME/(LOSS) (57,264) 1,852 (59,116) 0 ––––––– ––––––– –––––––– –––––––– –––––––– ––––––– ––––––––

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