TPRA Financial Report
2015-2016 (as of 6/25/16)
TPRA CHECKING $4,043.53
REG DDA (TAXES) $100.00
TPRA SAVINGS $23,712.49
2:00 PM
07111/16
Accrual Basis
Thousand Peaks Ranch Association
Balance Sheet
As of June 30, 2015
ASSETS
Current Assets Checking/Savings
Jun 30, 15
Colorado East Bank & Trust 13,275.87
Federal Tax Deposit Account 100.00
Savings Colorado East 22,857.76
Total Checking/Savings 36,233.63
Accounts Receivable
Accounts Receivable 54,014.59
Total Accounts Receivable 54,014.59
Other Current Assets
Undeposited Funds 4,625.00
Total Other Current Assets 4,625.00
Total Current Assets 94,873.22
TOTAL ASSETS 94,873.22
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Other Current Liabilities
Colorado East Bank & Trust Loan 7,093.23
Total Other Current Liabilities 7,093.23
Total Current Liabilities 7,093.23
Total Liabilities
7,093.23
Equity
Retained Earnings 71,826.93
Net Income 15,953.06
Total Equity 87,779.99
TOTAL LIABILITIES & EQUITY 94,873.22
Thousand Peaks Ranch Association
Profit & Loss
July 2014 through June 2015
Ordinaryincome/Expense Income
Annual Dues 30,075.00
Driveway Snow Removal Late Fees 1,100.00
Non-collectible dues & late fee 1,075.00
Uncategorized Income 0.00
Total Income 32,750.00
Gross Profit 32,750.00
Expense
Accounting Fees 512.50
Contract Labor 890.00
Insurance Legal Fees 374.00
Meeting Expense 63.59
Newsletter Expense 259.97
Office Expense 1,033.96
Postage 50.00
Road Maintenance 12,600.00
Road Maintenance Labor 8,400.00
Road Maintenance Materials 1,800.00
Snow Removal Labor 2,970.00
Snowblower Maintenance Labor 1,600.00
Snowblower Maintenance Parts 3,241.78
Snowblower refund 215.00
Website 119.40
Total Expense 34,150.20
Net Ordinary/Income -1,400.00
Other Income/Expense
Other Income
Grazing 15,000.00
Interest Income 5.26
Total Other Income 15,006.26
Other Expense
Tax Payment -2,348.00
Total Other Expense 2,348.00
Net Other Income 17,353.26
Net Income 15,953.06