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 2018FACILITY OPERATION & MAINTENANCEInsurance 18,000 18,540 19,467 20,440 21,054Janitorial 5,000 5,150 15,000 15,750 16,223Building and Land Rent / Lease 348,000 348,000 348,000 348,000 348,000Repairs & Maintenance 6,500 6,695 25,000 26,250 27,038Equipment / Furniture - 0 0 0 0Security 5,000 5,150 5,408 5,678 5,848Utilities 45,000 46,350 60,000 63,000 64,890TOTAL FACILITY OPERATION & MAINTENANCE 427,500 429,885 472,875 479,118 483,052DEPRECIATION & AMORTIZATION - - - - -DISSOLUTION ESCROW & RESERVES / CONTIGENCY 25,000 25,000 25,000 - -TOTAL EXPENSES 1,997,450 2,332,384 2,873,700 3,421,559 3,806,231NET INCOME 5,590 49,896 182,710 357,081 697,399