LETSystems Development Initiatives
Kitsilano Community Centre

Phase 1 - community way. Projection 1

slow and steady development
no reserve for followthrough to LDI


Monthly expense and income ($ 000)
month 1 2 3 4 5 6 7 8 9 10 totals
staff (total FTE) 3 3 3 4 5 6 7 7 8 8 54
salaries ($3,000 per month) 9 9 9 12 15 18 21 21 24 24 162
overheads/materials expense 3 3 2 2 3 4 5 5 5 6 38
total expense 12 12 11 14 18 22 26 26 29 30 200
salaries drawn 5 4 6 8 10 12 14 14 24 24 121
equity cashed 3 5 8 9 16 41
total cash outgoing 8 7 8 10 13 19 24 27 38 46 200
income - CSC
(10% of donation)
5 7 10 15 20 25 30 40 48 200
cash flow -8 -2 -1 2 1 1 3 2 2
income less expense -12 -7 -4 -4 -3 -2 -1 4 11 18
(borrowing) / cash reserve -8 -10 -11 -11 -9 -8 -7 -4 -2
accumulated equity 4 9 12 16 21 24 26 25 16
-1.6 -1.0 -0.8 -0.6 -0.4 -0.3 -0.3 -0.2 -0.1

phase 1, projection 1

Name: Michael Linton
Email: lcs@mars.ark.com
Kitsilano Community Centre