Board Book 2023

Atlanta Athletic Club Flash Report April 2023

MEMBERSHIP :

Apr-23

Mar-23

Apr-22

TOTAL MEMBER COUNT

1912 1225

1915 1225

1938 1225

TOTAL GOLF

JONES MEMBER COUNT

842

841

837

GOLF WAIT LIST

77

77

79 76

EXTERNAL WAIT LIST

103

100

IN-PROCESS

3 6

2 6

4 4

PROPOSALS OUT

ACTUAL

BUDGET VARIANCE

Apr-23

Mar-23

YTD

YTD

YTD

INITIATION FEES

$331,657

$324,187

$331,657 $265,963

$

65,694

DUES

$1,269,349

$1,226,913

$1,269,349 $1,267,586

$

1,763

JME's

1412.0

1426.6

1412.0

1410.0

2.0

FINANCIAL RESULTS:

ACTUAL

BUDGET VARIANCE

Apr-23

Mar-23

YTD

YTD

YTD

NET INCOME/( EXPENSE)

($169,037)

($305,939)

($169,037) ($181,559)

$

12,522

%

Apr-23

BUDGET

VARIANCE VARIANCE

MTD TOTAL REVENUE MTD TOTAL EXPENSE YTD TOTAL REVENUE YTD TOTAL EXPENSE

$2,929,393 ($3,098,430) $2,929,393 ($3,098,429)

$2,861,048 ($3,042,607) $2,861,048 ($3,042,607)

$68,345 ($55,823) $68,345 ($55,823)

2.39% -1.83% 2.39% -1.83%

BALANCE SHEET:

Apr-23

Mar-23

Beg of FY

CASH BALANCE

$9,927,159 $36,569,633 $8,279,000

$9,384,537 $36,272,047 $8,317,000

$9,384,537 $36,272,047 $8,317,000

NET ASSETS

LOAN BALANCE

Per JME

$

5,863.49

$

5,829.77

$

5,921.51

ACCOUNTS RECEIVABLE AGING

Apr-23

%

Mar-23

%

CURRENT

3,202,280 $

91.1% 7.6% 0.5% 0.8%

3,546,378 $

95.6% 3.3% 0.3% 0.8%

30-60 60-90

$ $ $

266,048 19,314 28,611

$ $ $

122,903 12,299 28,698

90 +

TOTAL

3,516,253 $

3,710,277 $

FINCOMMRPT042023Info Flash Report