Finances

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.

 

ALERT

TRASH DELAYED TILL SATURDAY DUE TO HOLIDAY.

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