YouthSports
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 | |||||||||||||
Sign-Up Fees | 0% | $50,000 | $50,000 | $120,000 | $120,000 | $120,000 | $120,000 | $60,000 | $70,000 | $70,000 | $60,000 | $60,000 | $60,000 |
Business Sponsorships | 0% | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $30,000 | $30,000 |
Fundraising | 0% | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 |
Other | 0% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Funding | $110,000 | $110,000 | $180,000 | $180,000 | $180,000 | $180,000 | $120,000 | $130,000 | $130,000 | $120,000 | $100,000 | $100,000 | |
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 | |
Sign-Up Fees | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Business Sponsorships | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | |
Fundraising | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | |
Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Subtotal Cost of Funding | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 |
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% | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 | $3,000 |
Assistant Director | 0% | $2,600 | $2,600 | $2,600 | $2,600 | $2,600 | $2,600 | $2,600 | $2,600 | $2,600 | $2,600 | $2,600 | $2,600 |
Volunteer Coordinator | 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 |
Sponsorship/Fundraising Developer | 0% | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 | $2,800 |
Facility Coordinator | 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 |
Coordinator of Game Officials | 0% | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 | $2,400 |
Area Supervisors (3) | 0% | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 |
Office Manager | 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 |
Clerical Staff (2) | 0% | $3,200 | $3,200 | $3,200 | $3,200 | $3,200 | $3,200 | $3,200 | $3,200 | $3,200 | $3,200 | $3,200 | $3,200 |
Total People | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | |
Total Payroll | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 |
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 | $110,000 | $110,000 | $180,000 | $180,000 | $180,000 | $180,000 | $120,000 | $130,000 | $130,000 | $120,000 | $100,000 | $100,000 | |
Direct Cost | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | |
Other Production Expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Direct Cost | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | |
Gross Surplus | $108,000 | $108,000 | $178,000 | $178,000 | $178,000 | $178,000 | $118,000 | $128,000 | $128,000 | $118,000 | $98,000 | $98,000 | |
Gross Surplus % | 98.18% | 98.18% | 98.89% | 98.89% | 98.89% | 98.89% | 98.33% | 98.46% | 98.46% | 98.33% | 98.00% | 98.00% | |
Expenses | |||||||||||||
Payroll | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | |
Sales and Marketing and Other Expenses | $3,000 | $73,000 | $103,000 | $103,000 | $123,000 | $123,000 | $133,000 | $133,000 | $123,000 | $73,000 | $103,000 | $103,000 | |
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 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | $200 | |
Insurance | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | |
Rent | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | |
Payroll Taxes | 15% | $4,125 | $4,125 | $4,125 | $4,125 | $4,125 | $4,125 | $4,125 | $4,125 | $4,125 | $4,125 | $4,125 | $4,125 |
Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
Total Operating Expenses | $41,825 | $111,825 | $141,825 | $141,825 | $161,825 | $161,825 | $171,825 | $171,825 | $161,825 | $111,825 | $141,825 | $141,825 | |
Surplus Before Interest and Taxes | $66,175 | ($3,825) | $36,175 | $36,175 | $16,175 | $16,175 | ($53,825) | ($43,825) | ($33,825) | $6,175 | ($43,825) | ($43,825) | |
EBITDA | $66,175 | ($3,825) | $36,175 | $36,175 | $16,175 | $16,175 | ($53,825) | ($43,825) | ($33,825) | $6,175 | ($43,825) | ($43,825) | |
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 | $66,175 | ($3,825) | $36,175 | $36,175 | $16,175 | $16,175 | ($53,825) | ($43,825) | ($33,825) | $6,175 | ($43,825) | ($43,825) | |
Net Surplus/Funding | 60.16% | -3.48% | 20.10% | 20.10% | 8.99% | 8.99% | -44.85% | -33.71% | -26.02% | 5.15% | -43.83% | -43.83% |
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 | $110,000 | $110,000 | $180,000 | $180,000 | $180,000 | $180,000 | $120,000 | $130,000 | $130,000 | $120,000 | $100,000 | $100,000 | |
Subtotal Cash from Operations | $110,000 | $110,000 | $180,000 | $180,000 | $180,000 | $180,000 | $120,000 | $130,000 | $130,000 | $120,000 | $100,000 | $100,000 | |
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 | $110,000 | $110,000 | $180,000 | $180,000 | $180,000 | $180,000 | $120,000 | $130,000 | $130,000 | $120,000 | $100,000 | $100,000 | |
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 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | $27,500 | |
Bill Payments | $544 | $18,658 | $87,325 | $116,325 | $116,992 | $136,325 | $136,658 | $146,325 | $145,992 | $134,658 | $87,325 | $116,325 | |
Subtotal Spent on Operations | $28,044 | $46,158 | $114,825 | $143,825 | $144,492 | $163,825 | $164,158 | $173,825 | $173,492 | $162,158 | $114,825 | $143,825 | |
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 | $28,044 | $46,158 | $114,825 | $143,825 | $144,492 | $163,825 | $164,158 | $173,825 | $173,492 | $162,158 | $114,825 | $143,825 | |
Net Cash Flow | $81,956 | $63,842 | $65,175 | $36,175 | $35,508 | $16,175 | ($44,158) | ($43,825) | ($43,492) | ($42,158) | ($14,825) | ($43,825) | |
Cash Balance | $349,956 | $413,798 | $478,973 | $515,148 | $550,656 | $566,831 | $522,672 | $478,847 | $435,356 | $393,197 | $378,372 | $334,547 |
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 | $268,000 | $349,956 | $413,798 | $478,973 | $515,148 | $550,656 | $566,831 | $522,672 | $478,847 | $435,356 | $393,197 | $378,372 | $334,547 |
Other Current Assets | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 |
Total Current Assets | $318,000 | $399,956 | $463,798 | $528,973 | $565,148 | $600,656 | $616,831 | $572,672 | $528,847 | $485,356 | $443,197 | $428,372 | $384,547 |
Long-term Assets | |||||||||||||
Long-term Assets | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 |
Accumulated Depreciation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Long-term Assets | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 |
Total Assets | $518,000 | $599,956 | $663,798 | $728,973 | $765,148 | $800,656 | $816,831 | $772,672 | $728,847 | $685,356 | $643,197 | $628,372 | $584,547 |
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 | $15,781 | $83,448 | $112,448 | $112,448 | $131,781 | $131,781 | $141,447 | $141,448 | $131,781 | $83,448 | $112,448 | $112,448 |
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 | $15,781 | $83,448 | $112,448 | $112,448 | $131,781 | $131,781 | $141,447 | $141,448 | $131,781 | $83,448 | $112,448 | $112,448 |
Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Total Liabilities | $0 | $15,781 | $83,448 | $112,448 | $112,448 | $131,781 | $131,781 | $141,447 | $141,448 | $131,781 | $83,448 | $112,448 | $112,448 |
Paid-in Capital | $860,000 | $860,000 | $860,000 | $860,000 | $860,000 | $860,000 | $860,000 | $860,000 | $860,000 | $860,000 | $860,000 | $860,000 | $860,000 |
Accumulated Surplus/Deficit | ($342,000) | ($342,000) | ($342,000) | ($342,000) | ($342,000) | ($342,000) | ($342,000) | ($342,000) | ($342,000) | ($342,000) | ($342,000) | ($342,000) | ($342,000) |
Surplus/Deficit | $0 | $66,175 | $62,350 | $98,525 | $134,700 | $150,875 | $167,050 | $113,225 | $69,400 | $35,575 | $41,750 | ($2,075) | ($45,900) |
Total Capital | $518,000 | $584,175 | $580,350 | $616,525 | $652,700 | $668,875 | $685,050 | $631,225 | $587,400 | $553,575 | $559,750 | $515,925 | $472,100 |
Total Liabilities and Capital | $518,000 | $599,956 | $663,798 | $728,973 | $765,148 | $800,656 | $816,831 | $772,673 | $728,848 | $685,356 | $643,198 | $628,373 | $584,548 |
Net Worth | $518,000 | $584,175 | $580,350 | $616,525 | $652,700 | $668,875 | $685,050 | $631,225 | $587,400 | $553,575 | $559,750 | $515,925 | $472,100 |