HAL-PC Revenues & Expenses (Budget) -- February 1998 (unaudited)
Apr 1, 1998 HAL-PC Page 1
4:22 am STATEMENT OF REVENUES AND EXPENSES
9 Months Annual
Ended Feb/98 Budget Unused % Used
============ ============ ============ ======
REVENUES
Interest income $10,581 $18,000 $7,419 58.8%
Presentation fees 62,629 100,000 37,371 62.6%
Vendor fees 15,241 15,000 -241 101.6%
Shortage -0 0 -0
External Internet feeds 4,850 0 -4,850
Revenue - Other 779 500 -279 155.7%
Donations to HAL-PC 690 0 -690
Donations to HAL-PC 0 150,000 150,000 0.0%
Rental income - Headquarters 400 0 -400
Rental income - Special events 795 0 -795
Advertising - Magazine 88,215 206,775 118,560 42.7%
Annual dues 327,466 395,772 68,306 82.7%
BBS class fees 411 0 -411
Internet setup fees - Exempt 225 0 -225
Internet monthly fees - Exempt 12,820 0 -12,820
Web Site Workshop 1,050 0 -1,050
Donations to HAL-PC Clear Lake -402 0 -402
Daytime Workshop class fees 16,765 24,000 7,235 69.9%
HAL-PC Clear Lake class fees 6,070 0 -6,070
Exempt pipeline sales 2,097 0 -2,097
Taxable revenues
CD-ROM sales 6,012 0 -6,012
Electronic parts sales 26,591 0 -26,591
Digital camera sales 9,075 0 -9,075
Internet setup fees 93,819 135,000 41,181 69.5%
Internet setup fees-Clear Lake 1,140 0 -1,140
Internet monthly fees 489,553 855,000 365,447 57.3%
Internet monthly fees - CL 940 0 -940
Pipeline sales 3,109 0 -3,109
Monitor sales 1,160 0 -1,160
Phone line sales 640 0 -640
Refreshment sales 346 0 -346
Shirt sales 174 0 -174
Study guide sales 947 0 -947
Videotape sales 49 0 -49
------------ ------------ ------------
TOTAL Sales Taxable For Sales Tax
633,556 990,000 356,444 64.0%
------------ ------------ ------------
TOTAL REVENUES 1,184,237 1,900,047 715,810 62.3%
------------ ------------ ------------
****** NET REVENUES 1,184,237 1,900,047 715,810 62.3%
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FOR DISCUSSION PURPOSES ONLY
Apr 1, 1998 HAL-PC Page 2
4:22 am STATEMENT OF REVENUES AND EXPENSES
9 Months Annual
Ended Feb/98 Budget Unused % Used
============ ============ ============ ======
Cost of Goods Sold
Digital camera sales cost 10,540 0 -10,540
CD-ROM sales cost 6,389 0 -6,389
Daytime Workshop manuals cost 0 9,600 9,600 0.0%
Monitor sales cost 1,888 0 -1,888
Electronic parts sales cost 27,889 0 -27,889
Study guide sales cost 2,448 0 -2,448
Refreshment sales cost 734 0 -734
Shirt sales cost 192 0 -192
------------ ------------ ------------
TOTAL Cost of Goods Sold 50,079 9,600 -40,479 521.7%
------------ ------------ ------------
****** ADJUSTED NET REVENUES 1,134,158 1,890,447 756,289 60.0%
------------ ------------ ------------
EXPENSES
Accounting 26,519 37,500 10,981 70.7%
Advertising 47,576 160,000 112,424 29.7%
Audio visual 57,474 54,000 -3,474 106.4%
Awards 41 0 -41
Bad debts 2 0 -2
Bank charges 25 850 825 2.9%
Color proofs 238 0 -238
Credit card expense 15,517 16,000 483 97.0%
Contract labor 13,845 34,565 20,720 40.1%
Decorations, chairs & tables 9,350 6,900 -2,450 135.5%
Delivery service 1,389 3,945 2,556 35.2%
Depreciation and amortization 5,940 14,600 8,660 40.7%
Amortization expense leasehold 12,593 7,000 -5,593 179.9%
Dues & subscriptions 84 7,000 6,916 1.2%
Duplication services 773 3,300 2,527 23.4%
Electrical 19,229 20,350 1,121 94.5%
Electronic parts 15,157 73,600 58,443 20.6%
Employee payroll 38,700 68,800 30,100 56.3%
Entertainment and meals 9,504 15,200 5,696 62.5%
Equipment rental 846 0 -846
First aid services 720 1,125 405 64.0%
Freight 1,028 2,755 1,727 37.3%
Information services 145 0 -145
Insurance - Other 14,897 12,000 -2,897 124.1%
Interest expense 30 0 -30
Licenses and fees 26,755 52,500 25,745 51.0%
Management fees 24,500 35,000 10,500 70.0%
Manuals 6,554 600 -5,954 1092.4%
Maintenance 3,869 9,150 5,281 42.3%
Miscellaneous 219 3,350 3,131 6.5%
FOR DISCUSSION PURPOSES ONLY
Apr 1, 1998 HAL-PC Page 3
4:22 am STATEMENT OF REVENUES AND EXPENSES
9 Months Annual
Ended Feb/98 Budget Unused % Used
============ ============ ============ ======
Moving expense 9,304 30,000 20,696 31.0%
Office supplies and expense 6,944 26,540 19,596 26.2%
Parking 200 685 485 29.1%
Payroll taxes 2,984 7,000 4,016 42.6%
Penalties 15 0 -15
Photography 292 300 8 97.2%
Plaques, trophies & awards 8 0 -8
Postage 25,741 28,125 2,384 91.5%
Printing 87,391 119,875 32,484 72.9%
Promotions 610 0 -610
Rent - Headquarters 16,560 50,200 33,640 33.0%
Rent - General meeting 27,500 30,000 2,500 91.7%
Rent - Vendor areas 6,100 6,000 -100 101.7%
Rent - Special events 1,500 0 -1,500
Rent 0 50 50 0.0%
Repairs 1,081 40,260 39,179 2.7%
Security and patrol 2,081 4,700 2,619 44.3%
Small tools and equipment 863 5,350 4,487 16.1%
Software purchases 5,299 34,485 29,186 15.4%
Staff leasing 0 72,900 72,900 0.0%
Spares 10,620 0 -10,620
Supplies 3,447 5,150 1,703 66.9%
Telecommunications Assessment 0 1,600 1,600 0.0%
Telephone 115,427 221,770 106,343 52.0%
Travel 10,747 23,500 12,753 45.7%
Video production 0 25,000 25,000 0.0%
------------ ------------ ------------
TOTAL EXPENSES 688,232 1,373,580 685,348 50.1%
------------ ------------ ------------
****** OPERATING REVENUES 445,927 516,867 70,940 86.3%
------------ ------------ ------------
Other Income & Expenses
Educational Program Support 0 -2,000 -2,000
A/P discounts 61 0 -61
Budgeted equipment purchases -176,560 -409,290 232,731 43.1%
------------ ------------ ------------
TOTAL Other Income & Expenses -176,498 -411,290 234,792 42.9%
------------ ------------ ------------
****** REVENUES OVER (UNDER) EXPENSES
269,428 105,577 -163,851 255.2%
------------ ------------ ------------
****** NET REVENUES OVER (UNDER) EXPENSES
$269,428 $105,577 -$163,851 255.2%
============ ============ ============
FOR DISCUSSION PURPOSES ONLY
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