Transitional Housing of Pittsburgh
Appendix
| Funding Forecast | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Funding | |||||||||||||
| United Way | 0% | $0 | $0 | $0 | $60,000 | $0 | $0 | $0 | $0 | $55,000 | $0 | $0 | $0 |
| Federal Government | 0% | $0 | $0 | $10,000 | $10,000 | $5,000 | $25,000 | $0 | $0 | $0 | $0 | $20,000 | $0 |
| Local Government | 0% | $0 | $0 | $12,000 | $0 | $20,000 | $0 | $1,500 | $5,000 | $0 | $0 | $0 | $0 |
| Corporations/Individuals | 0% | $0 | $0 | $5,000 | $2,500 | $7,000 | $6,000 | $15,000 | $9,000 | $12,000 | $0 | $2,000 | $1,500 |
| Organizational Activities | 0% | $0 | $0 | $0 | $0 | $8,000 | $0 | $0 | $500 | $0 | $12,000 | $0 | $0 |
| Total Funding | $0 | $0 | $27,000 | $72,500 | $40,000 | $31,000 | $16,500 | $14,500 | $67,000 | $12,000 | $22,000 | $1,500 | |
| Direct Cost of Funding | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
| Expenses for Organizational Activities | $0 | $0 | $0 | $0 | $960 | $0 | $0 | $60 | $0 | $1,440 | $0 | $0 | |
| Administrative Expenses | $0 | $0 | $3,645 | $9,788 | $5,400 | $4,185 | $2,228 | $1,958 | $9,045 | $1,620 | $2,970 | $203 | |
| Subtotal Cost of Funding | $0 | $0 | $3,645 | $9,788 | $6,360 | $4,185 | $2,228 | $2,018 | $9,045 | $3,060 | $2,970 | $203 | |
| Personnel Plan | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Executive Director | 0% | $0 | $0 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 |
| Associate Director | 0% | $0 | $0 | $0 | $0 | $0 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 |
| Chemical Dependency Counselor | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 |
| AIDS Counselor | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $800 | $800 | $800 | $800 | $800 | $800 |
| Family Reunification Counselor | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 |
| Admin Staff | 0% | $0 | $0 | $0 | $0 | $0 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 |
| Admin Staff | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 |
| Total People | 0 | 0 | 1 | 1 | 1 | 3 | 7 | 7 | 7 | 7 | 7 | 7 | |
| Total Payroll | $0 | $0 | $2,000 | $2,000 | $2,000 | $6,000 | $11,800 | $11,800 | $11,800 | $11,800 | $11,800 | $11,800 | |
| General Assumptions | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Plan Month | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | |
| Current Interest Rate | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | |
| Long-term Interest Rate | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | 10.00% | |
| Tax Rate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Surplus and Deficit | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Funding | $0 | $0 | $27,000 | $72,500 | $40,000 | $31,000 | $16,500 | $14,500 | $67,000 | $12,000 | $22,000 | $1,500 | |
| Direct Cost | $0 | $0 | $3,645 | $9,788 | $6,360 | $4,185 | $2,228 | $2,018 | $9,045 | $3,060 | $2,970 | $203 | |
| Other Costs of Funding | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Direct Cost | $0 | $0 | $3,645 | $9,788 | $6,360 | $4,185 | $2,228 | $2,018 | $9,045 | $3,060 | $2,970 | $203 | |
| Gross Surplus | $0 | $0 | $23,355 | $62,713 | $33,640 | $26,815 | $14,273 | $12,483 | $57,955 | $8,940 | $19,030 | $1,298 | |
| Gross Surplus % | 0.00% | 0.00% | 86.50% | 86.50% | 84.10% | 86.50% | 86.50% | 86.09% | 86.50% | 74.50% | 86.50% | 86.50% | |
| Expenses | |||||||||||||
| Payroll | $0 | $0 | $2,000 | $2,000 | $2,000 | $6,000 | $11,800 | $11,800 | $11,800 | $11,800 | $11,800 | $11,800 | |
| Account Name | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Depreciation | $383 | $383 | $383 | $383 | $383 | $383 | $383 | $383 | $383 | $383 | $383 | $383 | |
| Leased Building | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | |
| Utilities | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | |
| Insurance | $800 | $800 | $800 | $800 | $800 | $800 | $800 | $800 | $800 | $800 | $800 | $800 | |
| Payroll Taxes | 15% | $0 | $0 | $300 | $300 | $300 | $900 | $1,770 | $1,770 | $1,770 | $1,770 | $1,770 | $1,770 |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Operating Expenses | $7,183 | $7,183 | $9,483 | $9,483 | $9,483 | $14,083 | $20,753 | $20,753 | $20,753 | $20,753 | $20,753 | $20,753 | |
| Surplus Before Interest and Taxes | ($7,183) | ($7,183) | $13,872 | $53,230 | $24,157 | $12,732 | ($6,481) | ($8,271) | $37,202 | ($11,813) | ($1,723) | ($19,456) | |
| EBITDA | ($6,800) | ($6,800) | $14,255 | $53,613 | $24,540 | $13,115 | ($6,098) | ($7,888) | $37,585 | ($11,430) | ($1,340) | ($19,073) | |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Taxes Incurred | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Net Surplus | ($7,183) | ($7,183) | $13,872 | $53,230 | $24,157 | $12,732 | ($6,481) | ($8,271) | $37,202 | ($11,813) | ($1,723) | ($19,456) | |
| Net Surplus/Funding | 0.00% | 0.00% | 51.38% | 73.42% | 60.39% | 41.07% | -39.28% | -57.04% | 55.53% | -98.44% | -7.83% | -1297.03% | |
| Pro Forma Cash Flow | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Cash Received | |||||||||||||
| Cash from Operations | |||||||||||||
| Cash Funding | $0 | $0 | $27,000 | $72,500 | $40,000 | $31,000 | $16,500 | $14,500 | $67,000 | $12,000 | $22,000 | $1,500 | |
| Subtotal Cash from Operations | $0 | $0 | $27,000 | $72,500 | $40,000 | $31,000 | $16,500 | $14,500 | $67,000 | $12,000 | $22,000 | $1,500 | |
| Additional Cash Received | |||||||||||||
| Sales Tax, VAT, HST/GST Received | 0.00% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| New Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| New Other Liabilities (interest-free) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| New Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Sales of Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Sales of Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| New Investment Received | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal Cash Received | $0 | $0 | $27,000 | $72,500 | $40,000 | $31,000 | $16,500 | $14,500 | $67,000 | $12,000 | $22,000 | $1,500 | |
| Expenditures | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
| Expenditures from Operations | |||||||||||||
| Cash Spending | $0 | $0 | $2,000 | $2,000 | $2,000 | $6,000 | $11,800 | $11,800 | $11,800 | $11,800 | $11,800 | $11,800 | |
| Bill Payments | $227 | $6,800 | $6,932 | $10,950 | $16,773 | $13,408 | $11,849 | $10,791 | $10,822 | $17,416 | $11,627 | $11,448 | |
| Subtotal Spent on Operations | $227 | $6,800 | $8,932 | $12,950 | $18,773 | $19,408 | $23,649 | $22,591 | $22,622 | $29,216 | $23,427 | $23,248 | |
| Additional Cash Spent | |||||||||||||
| Sales Tax, VAT, HST/GST Paid Out | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Principal Repayment of Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other Liabilities Principal Repayment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Long-term Liabilities Principal Repayment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Purchase Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Purchase Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Dividends | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal Cash Spent | $227 | $6,800 | $8,932 | $12,950 | $18,773 | $19,408 | $23,649 | $22,591 | $22,622 | $29,216 | $23,427 | $23,248 | |
| Net Cash Flow | ($227) | ($6,800) | $18,069 | $59,550 | $21,227 | $11,593 | ($7,149) | ($8,091) | $44,378 | ($17,216) | ($1,427) | ($21,748) | |
| Cash Balance | $17,773 | $10,973 | $29,042 | $88,592 | $109,819 | $121,411 | $114,263 | $106,172 | $150,550 | $133,335 | $131,908 | $110,160 | |
| Pro Forma Balance Sheet | |||||||||||||
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | ||
| Assets | Starting Balances | ||||||||||||
| Current Assets | |||||||||||||
| Cash | $18,000 | $17,773 | $10,973 | $29,042 | $88,592 | $109,819 | $121,411 | $114,263 | $106,172 | $150,550 | $133,335 | $131,908 | $110,160 |
| Other Current Assets | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 |
| Total Current Assets | $41,000 | $40,773 | $33,973 | $52,042 | $111,592 | $132,819 | $144,411 | $137,263 | $129,172 | $173,550 | $156,335 | $154,908 | $133,160 |
| Long-term Assets | |||||||||||||
| Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accumulated Depreciation | $0 | $383 | $766 | $1,149 | $1,532 | $1,915 | $2,298 | $2,681 | $3,064 | $3,447 | $3,830 | $4,213 | $4,596 |
| Total Long-term Assets | $0 | ($383) | ($766) | ($1,149) | ($1,532) | ($1,915) | ($2,298) | ($2,681) | ($3,064) | ($3,447) | ($3,830) | ($4,213) | ($4,596) |
| Total Assets | $41,000 | $40,390 | $33,207 | $50,893 | $110,060 | $130,904 | $142,113 | $134,582 | $126,108 | $170,103 | $152,505 | $150,695 | $128,564 |
| Liabilities and Capital | Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | Month 7 | Month 8 | Month 9 | Month 10 | Month 11 | Month 12 | |
| Current Liabilities | |||||||||||||
| Accounts Payable | $0 | $6,573 | $6,573 | $10,387 | $16,325 | $13,011 | $11,489 | $10,438 | $10,235 | $17,028 | $11,242 | $11,155 | $8,480 |
| Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Subtotal Current Liabilities | $0 | $6,573 | $6,573 | $10,387 | $16,325 | $13,011 | $11,489 | $10,438 | $10,235 | $17,028 | $11,242 | $11,155 | $8,480 |
| Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $0 | $6,573 | $6,573 | $10,387 | $16,325 | $13,011 | $11,489 | $10,438 | $10,235 | $17,028 | $11,242 | $11,155 | $8,480 |
| Paid-in Capital | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 |
| Accumulated Surplus/Deficit | ($4,000) | ($4,000) | ($4,000) | ($4,000) | ($4,000) | ($4,000) | ($4,000) | ($4,000) | ($4,000) | ($4,000) | ($4,000) | ($4,000) | ($4,000) |
| Surplus/Deficit | $0 | ($7,183) | ($14,366) | ($494) | $52,736 | $76,893 | $89,625 | $83,144 | $74,874 | $112,076 | $100,263 | $98,540 | $79,084 |
| Total Capital | $41,000 | $33,817 | $26,634 | $40,506 | $93,736 | $117,893 | $130,625 | $124,144 | $115,874 | $153,076 | $141,263 | $139,540 | $120,084 |
| Total Liabilities and Capital | $41,000 | $40,390 | $33,207 | $50,893 | $110,060 | $130,904 | $142,113 | $134,582 | $126,108 | $170,103 | $152,505 | $150,695 | $128,564 |
| Net Worth | $41,000 | $33,817 | $26,634 | $40,506 | $93,736 | $117,892 | $130,624 | $124,144 | $115,873 | $153,076 | $141,263 | $139,540 | $120,084 |
By 
