Organizational Chart FLACS I, II, III First Year - Newyorkcharters.org

Family Life Academy Charter School 3PROJECTED BUDGET / OPERATING PLAN FOR INITIAL CHARTER PERIOD*NOTE: If a Planning Year is Taken in the Beginning of the Charter, the Charter Will Be Extended to Encompass Five Years of Operation. Projected FiveYear Budget on this Tab Should Be For the First Five Years of Actual Operations.Total Revenue 2,003,040 2,382,280 3,056,410 3,778,640 4,503,630Total Expenses 1,997,450 2,332,384 2,873,700 3,421,559 3,806,231Net Income (Before Cash Flow Adjustments) 5,590 49,896 182,710 357,081 697,399Actual Student Enrollment 100 150 200 250 300Total Paid Student Enrollment 100 150 200 250 300Year 1 Year 2 Year 3 Year 4 Year 52014 2015 2016 2017 2018Other - - - - -TOTAL REVENUE FROM FEDERAL SOURCES 396,000 232,500 207,000 227,000 252,070LOCAL and OTHER REVENUEContributions and Donations - 0 0 0 0Fundraising 2,000 1,000 1,000 1,150 1,000Erate Reimbursement 75,000 22,000 22,000 24,200 22,000Earnings on Investments - 0 0 0Interest Income - 0 0 0Food Service (Income from meals) - 0 0 0 0Text Book 25,000 25,000 27,500 30,250 25,000OTHER - 0 0 0TOTAL REVENUE FROM LOCAL and OTHER SOURCES 102,000 48,000 50,500 55,600 48,000TOTAL REVENUE 2,003,040 2,382,280 3,056,410 3,778,640 4,503,630