HomeMy WebLinkAboutMazahir Salih - Incubator + MarketplaceCash Basis Monday, May 1, 2023 01:20 PM GMT-05:00 1/1
Center for Worker Justice of Eastern Iowa
Balance Sheet
As of May 1, 2023
TOTAL
ASSETS
Current Assets
Bank Accounts
CCHD Payroll/Rent 50.29
CCHD Savings 5.00
Checking 506,215.02
Savings 5.00
Total Bank Accounts $506,275.31
Other Current Assets
Cash on Hand 75.00
Uncategorized Asset 0.00
Total Other Current Assets $75.00
Total Current Assets $506,350.31
Fixed Assets
Accum. Depreciation - Equipment -192.67
Office Equipment 3,653.92
Total Fixed Assets $3,461.25
TOTAL ASSETS $509,811.56
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Other Current Liabilities
Direct Deposit Payable 0.00
Payroll Liabilities 0.00
Federal Taxes (941/944)2,734.62
IA Income Tax 520.61
IA Unemployment Taxes 0.00
Teamsters Local 238 Dues 488.00
The Center for Worker Justice 403(b) Retirement Plan 8,292.19
Vanguard 02233 288.08
Total Payroll Liabilities 12,323.50
Total Other Current Liabilities $12,323.50
Total Current Liabilities $12,323.50
Total Liabilities $12,323.50
Equity
Opening Balance Equity 0.00
Retained Earnings 502,963.61
Net Income -5,475.55
Total Equity $497,488.06
TOTAL LIABILITIES AND EQUITY $509,811.56
Cash Basis Monday, May 1, 2023 01:25 PM GMT-05:00 1/2
Center for Worker Justice of Eastern Iowa
Profit and Loss
January 1 - May 1, 2023
TOTAL
Income
GRANT FUNDING 7,000.00
City of Iowa City 6,856.52
Forest View Relocation 8,500.00
Johnson County 65,795.12
NDLON 5,000.00
Total GRANT FUNDING 93,151.64
INDIVIDUAL DONORS 7,116.11
INDIVIDUAL MEMBER DUES 570.00
ORGANIZATION AFFILIATES 500.00
Labor 1,750.00
Religious 1,550.00
Total ORGANIZATION AFFILIATES 3,800.00
RENT From TENANTS 5,300.00
Total Income $109,937.75
GROSS PROFIT $109,937.75
Expenses
Bank Charges 430.00
CONTRACTUAL & Professional Fees 2,281.25
EQUIPMENT
Computer & Tech Equipment 51.90
Total EQUIPMENT 51.90
Event Expense 103.09
FUNDRAISING / Development 100.00
Events / Outreach
Annual Gala -1,078.71
Total Events / Outreach -1,078.71
Total FUNDRAISING / Development -978.71
Hiring Intern - Administrative Expenses 227.00
Union Jobs Listing 625.00
Total Hiring Intern - Administrative Expenses 852.00
Insurance 338.94
MEMBER LEADERSHIP DEVELOPEMENT
Conferences
Registration Fees 50.00
Total Conferences 50.00
Total MEMBER LEADERSHIP DEVELOPEMENT 50.00
MEMBER MEETING EXPENSES
Refreshments / Food 63.27
Total MEMBER MEETING EXPENSES 63.27
OFFICE EXPENSES (Consumable)349.30
Email /Text Communications
Cash Basis Monday, May 1, 2023 01:25 PM GMT-05:00 2/2
TOTAL
Communications Systems 158.89
Total Email /Text Communications 158.89
Internet / Phone / Data
Data/Wireless 202.58
Internet / Phone 704.68
Total Internet / Phone / Data 907.26
Payment Processing (Credit Cards)742.37
Postage 60.00
Shipping / Delivery 210.00
Total Postage 270.00
Quickbooks Online 936.43
QB Payroll 114.00
Total Quickbooks Online 1,050.43
Supplies & Materials 1.33
Total OFFICE EXPENSES (Consumable)3,479.58
OTHER ORGANIZATIONAL EXPENSES
Dues/Affiliations (Other Groups)950.00
Insurance - Property 368.97
Leader Reimburesments 51.87
Mileage
Parking 6.60
Total Mileage 6.60
Social Services Assistance 400.00
COVID 19 6,150.00
Forest View 1,051.35
Total Social Services Assistance 7,601.35
Total OTHER ORGANIZATIONAL EXPENSES 8,978.79
Payroll Expenses
Company Contributions 5,126.79
Retirement 1,721.90
Total Company Contributions 6,848.69
Medical Ins Benefit 10,740.60
Payroll Expenses 973.84
Taxes 4,868.06
Wages 63,634.80
Total Payroll Expenses 87,065.99
SPACE (Building Costs)
Rent 12,697.20
Total SPACE (Building Costs)12,697.20
Total Expenses $115,413.30
NET OPERATING INCOME $ -5,475.55
NET INCOME $ -5,475.55