Financial Report Narrative
For the 12 Months Ending May 31, 2018 – Fiscal Year End
(Figures rounded to nearest $1,000)
Cash Receipts totaled $346K and Cash Disbursements totaled $350K. Ending Cash Balance was $238K.
Key Contributors to Operating Funds were Membership ($82K), Parking Lot (Net – $79K) and House Tour (Net – $15K)
Key Disbursements in Fiscal 2018 included Community Cleaning $30K, Master Plan $24K, and Streets Study $18K
Society Hill Restricted Fund made disbursements of $15K with key disbursements including Street Trees $4K and Fix the Brix $5K. Current Restricted Fund Balance at 5/31/18 was $39K
Society Hill Preservation Fund (501©(3) organization held a Successful Square in the Park Fund-Raiser…netting $81K…which brought the Preservation Fund Cash Balance at its 9/30/18 Fiscal Year End to $336K.
TRASH DELAYED TILL SATURDAY DUE TO HOLIDAY.×