Board Book 2023

Atlanta Athletic Club Board's Summary April 2023

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C U R R E N T

M O N T H

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C U R R E N T

YEAR

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Prior Year

Current

Budget

Variance

Prior Year

Current

Budget

Variance

Revenue:

Dues Food

1,211,466

1,269,349

1,267,586

1,763

1,211,466

1,269,349

1,267,586

1,763

339,472

409,800

424,500

(14,700)

339,472

409,800

424,500

(14,700)

Beverage

180,388

195,317

214,500

(19,183)

180,388

195,317

214,500

(19,183)

Golf

528,360

764,271

726,325

37,946

528,360

764,271

726,325

37,946

Other Revenue Total Revenues

224,076

290,657

228,137

62,520

224,076

290,657

228,137

62,520

2,483,762

2,929,393

2,861,048

68,345

2,483,762

2,929,393

2,861,048

68,345

Total Operating Expenses:

Cost of Sales

(348,088)

(367,231)

(407,051)

39,820

(348,088)

(367,231)

(407,051)

39,820

Payroll, Taxes, and Benefits Other Operating Expenses

(1,197,595)

(1,466,492)

(1,433,189)

(33,303)

(1,197,595)

(1,466,492)

(1,433,189)

(33,303)

(682,658)

(798,019)

(731,535)

(66,484)

(682,658)

(798,019)

(731,535)

(66,484)

Interest

(21,355)

(33,356)

(37,500)

4,144

(21,355)

(33,356)

(37,500)

4,144

Taxes & Property Insurance

(49,583)

(54,166)

(54,166)

0

(49,583)

(54,166)

(54,166)

0

Strategic Reserve

(62,500)

(66,666)

(66,666)

0

(62,500)

(66,666)

(66,666)

0

Total Operating Expenses

(2,361,779)

(2,785,930)

(2,730,107)

(55,823)

(2,361,779)

(2,785,930)

(2,730,107)

(55,823)

Gross Operating Profit

121,983

143,463

130,941

12,522

121,983

143,463

130,941

12,522

Depreciation

(272,222)

(312,500)

(312,500)

0

(272,222)

(312,500)

(312,500)

0

Net Income/(Expense)

(150,239)

(169,037)

(181,559)

12,522

(150,239)

(169,037)

(181,559)

12,522