Unite For Youth
Financial Plan
Forecast
Key Assumptions
The financial plan depends on important assumptions, most of which are shown in the following table. The key underlying assumptions are:
- We assume a slow-growth economy, without major recession.
- We assume that there are no unforeseen changes in federal grant funding availability.
- We assume a continued need for services by at-risk youths.
- We assume broad community support for mentoring.
Revenue by Month
Expenses by Month
Surplus or Deficit
Statements
Projected Surplus or Deficit
2020 | 2021 | 2022 | |
---|---|---|---|
Revenue | $483,500 | $550,000 | $650,000 |
Direct Costs | $229,460 | $290,000 | $375,000 |
Gross Margin | $254,040 | $260,000 | $275,000 |
Gross Margin % | 53% | 47% | 42% |
Operating Expenses | |||
Salaries & Wages | $183,000 | $186,660 | $190,393 |
Employee Related Expenses | $36,600 | $37,332 | $38,079 |
Fundraising/marketing Expense | $27,730 | $30,000 | $35,000 |
Rent | $3,600 | $3,600 | $3,600 |
Utilities | $1,200 | $1,200 | $1,200 |
Total Operating Expenses | $252,130 | $258,792 | $268,272 |
Operating Income | $1,910 | $1,208 | $6,728 |
Interest Incurred | |||
Depreciation and Amortization | |||
Gain or Loss from Sale of Assets | |||
Income Taxes | $0 | $0 | $0 |
Total Expenses | $481,590 | $548,792 | $643,272 |
Net Profit | $1,910 | $1,208 | $6,728 |
Net Profit/Sales | 0% | 0% | 1% |
Projected Balance Sheet
2020 | 2021 | 2022 | |
---|---|---|---|
Cash | $26,910 | $28,118 | $34,846 |
Accounts Receivable | $0 | $0 | $0 |
Inventory | |||
Other Current Assets | |||
Total Current Assets | $26,910 | $28,118 | $34,846 |
Long-Term Assets | |||
Accumulated Depreciation | |||
Total Long-Term Assets | |||
Total Assets | $26,910 | $28,118 | $34,846 |
Accounts Payable | $0 | $0 | $0 |
Income Taxes Payable | $0 | $0 | $0 |
Sales Taxes Payable | $0 | $0 | $0 |
Short-Term Debt | |||
Prepaid Revenue | |||
Total Current Liabilities | $0 | $0 | $0 |
Long-Term Debt | |||
Long-Term Liabilities | |||
Total Liabilities | $0 | $0 | $0 |
Paid-In Capital | $25,000 | $25,000 | $25,000 |
Retained Earnings | $1,910 | $3,118 | |
Earnings | $1,910 | $1,208 | $6,728 |
Total Owner’s Equity | $26,910 | $28,118 | $34,846 |
Total Liabilities & Equity | $26,910 | $28,118 | $34,846 |
Projected Cash Flow Statement
2020 | 2021 | 2022 | |
---|---|---|---|
Net Cash Flow from Operations | |||
Net Profit | $1,910 | $1,208 | $6,728 |
Depreciation & Amortization | |||
Change in Accounts Receivable | $0 | $0 | $0 |
Change in Inventory | |||
Change in Accounts Payable | $0 | $0 | $0 |
Change in Income Tax Payable | $0 | $0 | $0 |
Change in Sales Tax Payable | $0 | $0 | $0 |
Change in Prepaid Revenue | |||
Net Cash Flow from Operations | $1,910 | $1,208 | $6,728 |
Investing & Financing | |||
Assets Purchased or Sold | |||
Net Cash from Investing | |||
Investments Received | $25,000 | ||
Dividends & Distributions | |||
Change in Short-Term Debt | |||
Change in Long-Term Debt | |||
Net Cash from Financing | $25,000 | ||
Cash at Beginning of Period | $0 | $26,910 | $28,118 |
Net Change in Cash | $26,910 | $1,208 | $6,728 |
Cash at End of Period | $26,910 | $28,118 | $34,846 |