Board Book 2023

ATLANTA ATHLETIC CLUB FYE24 Projected Cash Flow

APRIL

MAY

JUNE

JULY

AUG

SEPT

OCT

NOV

DEC

JAN

FEB

MAR

TOTAL

BEGINNING CASH BALANCE

9,384,537

9,927,159

9,046,962

9,097,576 9,586,660

9,103,506 9,092,930

9,955,230

9,588,602

8,594,284

9,845,656

9,878,970

9,384,537

SOURCES OF FUNDS: NET INCOME/(EXPENSE)-OPERATIONS

143,463

(381,872)

(18,284)

(281,608)

15,720

299,520

158,723

90,190

149,742

(145,501)

136,850

(9,593)

157,350

CASH FROM OPS AFTER ADJUSTMENTS

143,463

(381,872)

(18,284)

(281,608)

15,720

299,520

158,723

90,190

149,742

(145,501)

136,850

(9,593)

157,350

MEMBER CAPITAL DUES

134,967

136,000

151,500

136,000

136,000

151,500

136,000

136,000

152,000

141,000

141,000

156,325

1,708,292

INITIATION FEES

331,657

231,722

431,938

269,714

325,380

247,944

305,143

53,433

288,987

203,873

203,403

308,159

3,201,353

TOTAL CASH GENERATED

610,087

(14,150)

565,154

124,106

477,100

698,964

599,866

279,623

590,729

199,372

481,253

454,891

5,066,995

USES OF FUNDS: DEBT SERVICE - PRINCIPAL ONLY SYNOVUS

38,000

38,000

38,000

38,000

38,000

38,000

38,000

38,000

38,000

38,000

38,000

38,000

456,000

PREVIOUSLY APPROVED CAPITAL

349,784

203,790

200,000

200,000

200,000

184,218

108,231

0

0

0

0

0

1,446,023

APPROVED CAPITAL CURRENT YEAR

21,335

58,251

597,047

160,000

109,939

303,875

2,462,522

0

628,937

301,540

22,022

22,253

237,323

TOTAL CASH USED

387,784

870,727

539,540

260,022

260,253

459,541

167,566

96,251

635,047

198,000

147,939

341,875

4,364,545

INCREASE (DECREASE) IN CASH

222,303

(884,877)

25,614

(135,916)

216,847

239,423

432,300

183,372

(44,318)

1,372

333,314

113,016

702,450

TIMING DIFFERENCES - AR,AP, ETC.

320,320

4,680

25,000

625,000

(700,000)

(250,000)

430,000

(550,000)

(950,000)

1,250,000

(300,000)

195,000

100,000

ENDING CASH BALANCE

9,927,159

9,046,962

9,097,576

9,586,660 9,103,506

9,092,930 9,955,230

9,588,602

8,594,284

9,845,656

9,878,970 10,186,987

10,186,987

FINCOMMRPT042023Info Cash Flow FYE24