Our biggest savings of the year
ASTI - Advanced Science and Technology Institute
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 | |||||||||||||
University Funding | 0% | $160,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Full Memberships | 0% | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 |
Associate Memberships | 0% | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 |
Total Funding | $172,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | |
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 | |
University Funding | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Full Memberships | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Associate Memberships | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Subtotal Cost of Funding | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
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 | ||
Director | 0% | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 |
Research Associate | 0% | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 |
Communication Associate | 0% | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 |
Administrative Assistant | 0% | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 |
Total People | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | |
Total Payroll | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 |
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 | $172,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | |
Direct Cost | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Other Production Expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Direct Cost | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Gross Surplus | $172,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | |
Gross Surplus % | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | |
Expenses | |||||||||||||
Payroll | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | |
Sales and Marketing and Other Expenses | $6,917 | $6,917 | $6,917 | $6,917 | $6,917 | $6,917 | $6,917 | $6,917 | $6,917 | $6,917 | $6,917 | $6,917 | |
Depreciation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Leased Equipment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Utilities | $167 | $167 | $167 | $167 | $167 | $167 | $167 | $167 | $167 | $167 | $167 | $167 | |
Insurance | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | $150 | |
Rent | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | |
Payroll Taxes | 15% | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 | $1,800 |
Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Operating Expenses | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | |
Surplus Before Interest and Taxes | $149,967 | ($10,033) | ($10,033) | ($10,033) | ($10,033) | ($10,033) | ($13,033) | ($13,033) | ($13,033) | ($13,033) | ($13,033) | ($13,033) | |
EBITDA | $149,967 | ($10,033) | ($10,033) | ($10,033) | ($10,033) | ($10,033) | ($13,033) | ($13,033) | ($13,033) | ($13,033) | ($13,033) | ($13,033) | |
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 | $149,967 | ($10,033) | ($10,033) | ($10,033) | ($10,033) | ($10,033) | ($13,033) | ($13,033) | ($13,033) | ($13,033) | ($13,033) | ($13,033) | |
Net Surplus/Funding | 87.19% | -83.61% | -83.61% | -83.61% | -83.61% | -83.61% | -144.81% | -144.81% | -144.81% | -144.81% | -144.81% | -144.81% |
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 | $172,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | |
Subtotal Cash from Operations | $172,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | |
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 | $172,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | |
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 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | $12,000 | |
Bill Payments | $334 | $10,033 | $10,033 | $10,033 | $10,033 | $10,033 | $10,033 | $10,033 | $10,033 | $10,033 | $10,033 | $10,033 | |
Subtotal Spent on Operations | $12,334 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | |
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 | $12,334 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | $22,033 | |
Net Cash Flow | $159,666 | ($10,033) | ($10,033) | ($10,033) | ($10,033) | ($10,033) | ($13,033) | ($13,033) | ($13,033) | ($13,033) | ($13,033) | ($13,033) | |
Cash Balance | $313,866 | $303,832 | $293,799 | $283,766 | $273,732 | $263,699 | $250,666 | $237,632 | $224,599 | $211,566 | $198,532 | $185,499 |
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 | $154,200 | $313,866 | $303,832 | $293,799 | $283,766 | $273,732 | $263,699 | $250,666 | $237,632 | $224,599 | $211,566 | $198,532 | $185,499 |
Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Current Assets | $154,200 | $313,866 | $303,832 | $293,799 | $283,766 | $273,732 | $263,699 | $250,666 | $237,632 | $224,599 | $211,566 | $198,532 | $185,499 |
Long-term Assets | |||||||||||||
Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Accumulated Depreciation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Assets | $154,200 | $313,866 | $303,832 | $293,799 | $283,766 | $273,732 | $263,699 | $250,666 | $237,632 | $224,599 | $211,566 | $198,532 | $185,499 |
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 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 |
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 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 |
Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Liabilities | $0 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 | $9,699 |
Paid-in Capital | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 |
Accumulated Surplus/Deficit | ($5,800) | ($5,800) | ($5,800) | ($5,800) | ($5,800) | ($5,800) | ($5,800) | ($5,800) | ($5,800) | ($5,800) | ($5,800) | ($5,800) | ($5,800) |
Surplus/Deficit | $0 | $149,967 | $139,933 | $129,900 | $119,867 | $109,833 | $99,800 | $86,767 | $73,733 | $60,700 | $47,667 | $34,633 | $21,600 |
Total Capital | $154,200 | $304,167 | $294,133 | $284,100 | $274,067 | $264,033 | $254,000 | $240,967 | $227,933 | $214,900 | $201,867 | $188,833 | $175,800 |
Total Liabilities and Capital | $154,200 | $313,866 | $303,832 | $293,799 | $283,766 | $273,732 | $263,699 | $250,666 | $237,632 | $224,599 | $211,566 | $198,532 | $185,499 |
Net Worth | $154,200 | $304,167 | $294,133 | $284,100 | $274,067 | $264,033 | $254,000 | $240,967 | $227,933 | $214,900 | $201,867 | $188,833 | $175,800 |