Income Statement
| ACCA Income Statement | MTD | MTD | MTD | MTD | MTD | From Former Accountant | MTD-Final | YTD June | MTD | YTD | MTD | MTD | MTD | MTD | MTD | MTD | MTD | MTD | MTD | MTD | YTD | Management fee | Net income | |
| Income | Jan/08 | Feb/08 | Mar/08 | Apr/08 | May/08 | Jun/08 | TATAL | June 08 | June 08 | July 08 | July 08 | Aug 08 | Sep 08 | Oct 08 | Nov 08 | Dec 08 | Jan 09 | Feb 09 | Mar 09 | Apr 09 | May 09 | May 09 | 8% | After 8% |
| Tuitions received | ### | 7,668.60 | 790.00 | 2,056.00 | 0.00 | -2,100.00 | ### | -2,100.00 | ### | 0.00 | ### | ### | 47,156.50 | 1,517.00 | 2,906.00 | -6,845.00 | ### | 24,968.00 | 2,216.00 | 776.00 | 870.00 | 175,703.00 | ||
| Donation (includes SunTrust Awards) | 140.00 | 0.00 | 85.00 | 15.00 | 0.00 | 0.00 | 240.00 | 830.00 | 1,070.00 | 15.00 | 1,085.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,708.72 | 0.00 | 0.00 | 2,590.00 | 1,700.00 | 2,175.00 | 6,465.00 | ||
| Bank Interest Income | 880.19 | 810.52 | 555.12 | 189.45 | 162.01 | 0.00 | 2,597.29 | 147.66 | 2,744.95 | 169.09 | 2,914.04 | 147.48 | 172.07 | 100.18 | 30.07 | 45.35 | 40.57 | 33.58 | 25.50 | 13.95 | 5,580.28 | 5,693.88 | ||
| Interest230539008 | 0.00 | 0.00 | 0.00 | 0.00 | 1,263.07 | 0.00 | 1,263.07 | 1,263.07 | 1,263.07 | 0.00 | 0.00 | 246.94 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||
| Interest180735716 | 172.89 | 162.34 | 174.20 | 169.24 | 175.55 | 0.00 | 854.22 | 854.22 | 854.22 | 0.00 | 0.00 | 199.43 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||
| Interest180735717 | 172.89 | 162.34 | 174.20 | 169.24 | 175.55 | 0.00 | 854.22 | 854.22 | 854.22 | 0.00 | 0.00 | 199.43 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||
| CD Interest -BB&T | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 430.64 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||
| CD Interest -BB&T | 0.00 | 0.00 | 821.51 | 0.00 | 0.00 | 0.00 | 821.51 | 821.51 | 821.51 | 0.00 | 0.00 | 0.00 | 1,999.46 | 0.00 | 0.00 | 0.00 | ||||||||
| ### | 8,803.80 | 2,600.03 | 2,598.93 | 1,776.18 | -2,100.00 | ### | -1,122.34 | ### | 184.09 | ### | ### | 47,328.57 | 2,693.62 | 4,935.53 | -5,090.93 | ### | 25,001.58 | 4,831.50 | 2,489.95 | 8,625.28 | 187,861.88 | |||
| Expenses / Refunds | ||||||||||||||||||||||||
| Bank fee | 165.75 | 13.25 | 0.00 | 0.00 | 0.00 | 0.00 | 179.00 | 20.75 | 199.75 | 15.54 | 215.29 | 82.50 | 0.20 | 23.75 | 126.48 | 10.00 | 31.00 | 51.00 | 330.00 | 0.00 | 15.00 | 427.00 | ||
| Payroll | 0.00 | 20,055.00 | 20,465.00 | 33,435.00 | 18,550.00 | 33,720.00 | ### | 33,720.00 | ### | 1,380.00 | ### | 21,600.00 | 28,630.00 | 26,125.00 | 22,560.00 | 26,078.00 | 27,135.00 | 20,910.00 | 29,245.00 | 18,895.00 | 32,753.00 | 128,938.00 | ||
| Refund | 5,831.00 | 780.00 | 290.00 | 502.14 | 258.00 | 0.00 | 7,661.14 | 0.00 | 7,661.14 | 0.00 | 7,661.14 | 8,405.00 | 1,589.80 | 500.00 | 274.00 | 592.00 | 980.00 | 2,381.00 | 260.00 | 0.00 | 20.00 | 3,641.00 | ||
| Textbooks | 147.12 | 561.00 | 2,081.07 | 532.27 | 157.36 | 0.00 | 3,478.82 | 0.00 | 3,478.82 | 0.00 | 3,478.82 | 2,082.00 | 140.00 | 9,078.74 | 0.00 | 0.00 | 106.43 | 214.00 | 828.00 | 0.00 | 1,151.46 | 2,299.89 | ||
| Rent | 1,436.75 | 821.00 | 0.00 | 410.50 | 821.00 | 29,400.00 | 32,889.25 | 29,400.00 | 32,889.25 | 0.00 | 32,889.25 | 2,826.50 | 3,612.25 | 2,416.00 | 410.00 | 15,615.75 | 2,283.25 | 1,026.25 | -84.25 | 1,277.00 | 20,290.00 | 24,792.25 | ||
| Office Supplies | 56.12 | 118.57 | 122.45 | 1,571.34 | 535.75 | 0.00 | 2,404.23 | 4,068.60 | 6,472.83 | 0.00 | 6,472.83 | 162.36 | 497.51 | 3,082.88 | 374.76 | 555.23 | 11.36 | 757.02 | 2,881.21 | 506.65 | 1,564.20 | 5,720.44 | ||
| Teacher / Staff Activities | 520.45 | 1,401.42 | 40.00 | 0.00 | 235.27 | 200.00 | 2,397.14 | 200.00 | 2,397.14 | 350.00 | 2,747.14 | 0.00 | 2,658.76 | 60.00 | 120.00 | 2,297.97 | 0.00 | 840.00 | -743.75 | 0.00 | 3,543.44 | 3,639.69 | ||
| Student Activities | 162.41 | 313.73 | 0.00 | 1,047.72 | 10,124.16 | 4,068.60 | 15,716.62 | 0.00 | 11,648.02 | 2,615.00 | 14,263.02 | 269.43 | 0.00 | 68.00 | 39.78 | 2,516.72 | 2,636.42 | 1,279.70 | 51.50 | 1,306.87 | 7,628.91 | 12,903.40 | ||
| Advertisement / Insurance | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 360.00 | 0.00 | 0.00 | 1,562.56 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
| Mileage reimbursements | 0.00 | 18.33 | 1,319.38 | 0.00 | 46.45 | 1,384.16 | ||||||||||||||||||
| Other | 0.00 | 619.40 | 0.00 | 828.76 | 731.28 | 105.00 | 0.00 | 286.19 | 55.60 | 547.69 | 994.48 | |||||||||||||
| Donation to | 0.00 | 0.00 | 0.00 | 100.00 | 0.00 | 0.00 | 100.00 | 0.00 | 100.00 | 0.00 | 100.00 | 500.00 | 0.00 | 0.00 | 300.00 | 0.00 | 0.00 | 100.00 | 0.00 | 0.00 | 0.00 | 100.00 | ||
| Total expenses/Refunds | 8,319.60 | 24,063.97 | 22,998.52 | 37,598.97 | 30,681.54 | 67,388.60 | ### | 67,409.35 | ### | 4,360.54 | ### | 35,927.79 | 38,107.92 | 41,354.37 | 25,033.78 | 49,959.51 | 33,288.46 | 27,577.30 | ### | ### | ### | 184,840.31 | ||
| Net Income / (Loss) for 2008 | ### | ### | ### | ### | ### | ### | -9,397.79 | ### | -8,440.88 | 8,721.08 | ### | ### | 9,220.65 | ### | ### | ### | ### | -2,575.72 | ### | ### | ### | 3,021.57 | 3,021.57 | |
| MTD | MTD | MTD | MTD | MTD | MTD | 2008 | MTD-Final | Total-final | MTD | YTD | MTD | MTD | MTD | MTD | MTD | MTD | MTD | MTD | MTD | MTD | MTD | |||
| North Campus Income Statement | Jan/08 | Feb/08 | Mar/08 | Apr/08 | May/08 | Jun/08 | TATAL | June 08 | June 08 | July 08 | July 08 | Aug 08 | Sep 08 | Oct 08 | Nov 08 | Dec 08 | Jan 09 | Feb 09 | Mar 09 | Apr 09 | May 09 | May 09 | ||
| Tuitions received from North Campus | ### | 4,441.00 | 790.00 | 2,044.00 | ### | ### | ### | ### | ### | 92,755.00 | 43,941.00 | 0.00 | 2,566.00 | -3,555.00 | 89,745.00 | 21,048.00 | 2,010.00 | 526.00 | 113,329.00 | 8,844.72 | ||||
| Donation from | 0.00 | 0.00 | 0.00 | 1,510.00 | ||||||||||||||||||||
| Wachocvia Money Market Interest #8064 | 581.89 | 507.50 | 341.43 | 107.45 | 84.07 | 1,622.34 | 105.87 | 1,728.21 | 103.66 | 1,831.87 | 93.88 | 109.28 | 66.64 | 7.30 | 19.63 | 29.79 | 25.01 | 18.80 | 10.32 | 4.39 | 88.31 | |||
| TOTAL INCOME | ### | 4,948.50 | 1,131.43 | 2,151.45 | 84.07 | ### | ### | ### | ### | 103.66 | ### | 92,848.88 | 44,050.28 | 66.64 | 2,573.30 | -2,025.37 | 89,774.79 | 21,073.01 | 2,028.80 | 536.32 | 4.39 | 113,417.31 | ||
| Bank fee | 165.75 | 165.75 | 15.00 | 180.75 | 15.54 | 196.29 | 41.25 | 0.20 | 23.75 | 118.98 | 10.00 | 31.00 | 35.00 | 15.00 | 81.00 | |||||||||
| Payroll - North | 11,255.00 | 10,770.00 | 18,435.00 | 9,315.00 | 19,680.00 | 69,455.00 | 19,680.00 | 69,455.00 | 69,455.00 | 13,110.00 | 16,510.00 | 15,705.00 | 12,290.00 | 14,353.00 | 16,590.00 | 11,535.00 | ### | ### | ### | 74,038.00 | ||||
| Tuition Refund | 4,910.00 | 280.00 | 130.00 | 315.14 | 138.00 | 5,773.14 | 0.00 | 5,773.14 | 5,773.14 | 4,895.00 | 613.80 | 150.00 | 440.00 | 2,260.00 | 50.00 | 20.00 | 2,770.00 | |||||||
| Textbooks | 147.12 | 2,081.07 | 157.36 | 2,385.55 | 0.00 | 2,385.55 | 2,385.55 | 6,631.65 | 106.43 | 828.00 | 934.43 | |||||||||||||
| Rent | 29,400.00 | 29,400.00 | 29,400.00 | 29,400.00 | 29,400.00 | 1,595.00 | 2,791.25 | 1,595.00 | 15,000.00 | 1,667.50 | -700.00 | ######## | 21,257.50 | |||||||||||
| Office Supplies - North | 56.12 | 11.53 | 421.90 | 489.55 | 0.00 | 489.55 | 489.55 | 162.36 | 233.53 | 2,227.88 | 220.48 | 380.35 | 11.36 | 64.96 | 1,980.00 | 421.21 | 2,477.53 | |||||||
| Teacher / Staff Activities | 15.00 | 15.00 | 0.00 | 15.00 | 15.00 | 149.62 | 60.00 | 1,415.65 | 1,432.57 | 1,432.57 | ||||||||||||||
| Student Activities | 134.56 | 450.00 | 5,715.40 | 6,299.96 | 0.00 | 6,299.96 | 0.00 | 6,299.96 | 227.21 | 68.00 | 39.78 | 1,616.69 | 848.92 | 118.00 | 2,068.66 | 3,035.58 | ||||||||
| Other | 40.00 | 731.28 |
0.60 |
21.15 | 21.75 | |||||||||||||||||||
| Advertisement | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||||||||||
| Donation to | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||||||
| TOTAL EXPENSES | ||||||||||||||||||||||||