TPRA Financial Report
2015-2016 (as of 6/25/16)

TPRA CHECKING         $4,043.53
REG DDA (TAXES)      $100.00
TPRA SAVINGS            $23,712.49

2:00 PM
07111/16
Accrual Basis

Thousand Peaks Ranch Association
Balance Sheet
As of June 30, 2015

ASSETS
Current Assets Checking/Savings

Jun 30, 15

Colorado East Bank & Trust        13,275.87
Federal Tax Deposit Account        100.00
Savings Colorado East        22,857.76
Total Checking/Savings        36,233.63
Accounts Receivable        
Accounts Receivable        54,014.59
Total Accounts Receivable        54,014.59
Other Current Assets        
Undeposited Funds        4,625.00
Total Other Current Assets        4,625.00

Total Current Assets        94,873.22
TOTAL ASSETS        94,873.22

LIABILITIES & EQUITY        
Liabilities
Current Liabilities
Other Current Liabilities        
Colorado East Bank & Trust Loan        7,093.23
Total Other Current Liabilities        7,093.23
Total Current Liabilities        7,093.23

Total Liabilities        
7,093.23
Equity        
Retained Earnings        71,826.93
Net Income        15,953.06
Total Equity        87,779.99
TOTAL LIABILITIES & EQUITY        94,873.22

Thousand Peaks Ranch Association
Profit & Loss
July 2014 through June 2015

Ordinaryincome/Expense Income
Annual Dues                                                                                30,075.00
Driveway Snow Removal Late Fees                                               1,100.00
Non-collectible dues & late fee                                                         1,075.00
Uncategorized Income                                                                        0.00
Total Income                                                                                32,750.00

Gross Profit                                                                                32,750.00

Expense

Accounting Fees                                                                                512.50
Contract Labor                                                                                   890.00         
Insurance Legal Fees                                                                        374.00
Meeting Expense                                                                                 63.59
Newsletter Expense                                                                           259.97
Office Expense                                                                                1,033.96
Postage                                                                                                50.00
Road Maintenance                                                                        12,600.00
Road Maintenance Labor                                                                 8,400.00
Road Maintenance Materials                                                            1,800.00
Snow Removal Labor                                                                        2,970.00   
Snowblower Maintenance Labor                                                        1,600.00
Snowblower Maintenance Parts                                                         3,241.78
Snowblower refund                                                                                215.00
Website                                                                                                 119.40
Total Expense                                                                                  34,150.20

Net Ordinary/Income                                                                         -1,400.00

Other Income/Expense
Other Income
Grazing                                                                                                15,000.00
Interest Income                                                                                             5.26
Total Other Income                                                                               15,006.26  

Other Expense
Tax Payment                                                                                         -2,348.00
Total Other Expense                                                                              2,348.00

Net Other Income                                                                                 17,353.26

Net Income                                                                                           15,953.06