HomeMy WebLinkAboutModel InputsMiami's Diver of Life, Inc.
Five Year Plan
tl4llO(101 IIIPLet.s Scenario
5) units, 2 beds each unit Total of 10 beds at a rate of $130.63 per clay X 30 days per mnnth(average) X 12 months.
$290,520.00. Miami Dade Depad►nent of Homan Services Grant of $24,000. Miami Dade Transit Depadment
Transpo►tatinn passes at a cost of $40 X 10 X 12 = $4,1300. Donations from other organizations and individuals:
`6'120 per month X 12 months = $1,440.
y~ . .
11. Year One Revenese Expectancy
Annual revenue per financial product
Total year one product (noninterest) revenue
12. Credit Loss Provision Factor
13. Animal Tax [tato-Non Profit Organization
<Product '1>
$290,520
$2.90,520
I 3%
<Product 2> <Product 3> <Product 4>
$0 $0 $0
Miami's River of Life, Inc:.
Five Year Flan
Profit and Loss Projections
Years
Year
Year3
Year
Year
Year i Year 2
Year 3
Year 4
Year 6
A llllllal cullitllative price (revellue) Innease
- 1.00%
2.00%
3.00%
4.00%
Annual cln0ulativa Inflation (expense) increase
- 1.00%
2.00%
3.00%
4.00%
Inleresl rale on endlrul cash balance
0.60"/, 0.50'%,
0.501%
0.60%
0.60%
Years
Year
Year3
Year
Year
II1101'0st Income
I-nalls, lrlclll(llll(J fees
$0
$0
$0
$0
$0
Interest nn federal funds sold
0
0
0
0
0
Interest and dividends (111 Investlllelll SacurIlles
0
0
0
0
0
Taxable
0
0
0
0-
0
Nontaxable
0
0
0
0
0
Uhler from <50urce'
0
0
0
0
0
Total Intorost Inronlo
$0
%0
$0
$0
$0
Intorost Expense
Interest nn deposits
$0
$0
$0
$0
$0
Interest Oil 011101 bnrrOWlntls
0
0
0
0
0
_Other_ _ __
0
0
0
0
0
Total Interest Expanse - ---
Not Inlerost Income Before Provlslon for Crodlt Losses
$0
$0
$0
$0
$0
-Provlslon for credit losses
---------------
0
0
0
0
D
Notlntorostlnr,ome
$0
$0
$0
$0
$0
NOnhltorost Incomn
Florida Depa111nenl of Juvenile Justice
$290,520
$203,425
$299,294
$308,273
$320,603
Mland Dade Daparlmont of I human Services
24,000
21,240
24,480
24;720
24;960
Miami -Dade T7ansll Department
4,800
4,824
4,840
4,872.
41897
Pond (lank
0
0
0
0
10
United Way
0
0
0
0
0
Other _ ----- -----
1,4_40
1,447
1,454
1,462j.469
Total
Total Nonhdorest Income
$320,760
%323,936
$330,076
$339,327
$351,929-
Nonlntorost Exponso
Salaries and employee henefits
$90,000
$90,900
$92,718
$95,500
$99,320,
Maintenance fees
36,200
36,562
37,293
38,412
39,989
Furnllure KFqutpment
30,000
06,360
37,087
38;200' -
30,728.
Pm( tans l'levelopment
30,000
30,300
30,006
31,833'
33,107
U1011les
46,000
45,450
46,359
47,750
49;880
Licenses & Fees
6,600
5,555
5,666
5,836
131070
Olber Pi()granl Operational ExIlenses
78,060
78,841
80,417
82,830
86,1.43.
Total Nonlntorest Expense
_
ho:nnle before laxas ll Income
,$0
Taxes on Incomo Non -Profit Of9anizallon 0%
0
0
0
0
0
Not Income or Loss
$p
Miami's River of Life, Inc.
Five Year Plan
Balance Sheet Projections
Assets
Initial Balance
Year I
Year 2
Year 3
Year 4
Year 5
Cash and clue from hanks
$600
$500
$469
$98
Federal finds sold and sect lritles1xtrchased --_
0
0
0
0
0
0
Cash and Cash Equivalents
$500
$ 500
$469
$98
Securities available for sale
$0
$0
$0
$0
$0
$0
Securltles held to maturity
0
0
0
0
0
0
rota l Investment Sectuitles
$0
$0
$0
$0
$0
$6
Loans and leases
$0
$0
$0
$0
$0
$0
Unearned fees
p
0
0
0
0
0
Allowance for credit losses
------
0
0
0
0
.0
0
fota)II_oans
$0
$0
$0
$0
$0
$0
Ar.r tied interest receivable
$0
$0
$0
$0
$0
$0
Premises and equipment
0
p
p
0
0
0
Other real estate Owned
p
0
0
p
0
0
Intangible assets
p
0
0
0
0
p
(;ash surrender value of life insurance
0
0
0
0
0
0
Net amortized assets
0
0
0
0
0.
0
Deferred Income !axes
0
0
0
0
0
0
Other assets -----
0
0
0
0
0
0
fntalAs3ots
$500
$500
$469
$98
Llabililios and Shareholders' Equity
Initial Balance
Year 'I
Year 2
Year 3
Year 4
Year 5
I )eposils
Noninterest- )eHling
$0
$0
$0
$0
$0
$0
Interest-bearincf
-----
0
0
0
d
0
0
rotai Deposits—
$0
$0
$0
$0
$0
$6
Federal fmids purchased and securities sold
$0
$0
$0
$0
$0
$0
Other borrowings
0
0
0
0
0
D
Accrued interest payable
0
0
0
0
0
D'
Accounts payable
500
500
500
500
500
50D
Other liabilities ----
0
0
0
0
0.
o'
Total Liabilities
$500
$.500
$500
$500
$500
$500
Common stock
$0
$0
$0
$0
$0' ..
$0
Preferred stock
0
0
0
0
0
0
Acdditlonal pall -in capital
0
0
0
0
0
0
Retained earnings
0
0
Unearned employee stock option shares
p
p
p
0
0
.p
Accanntilated other comprehensive Income_
0
0
0
0
0
0
Total Cdtdty
$0
$0
tot rl Llabtlilies and Fguly-_
$500
$500
$469
$98
Miami's River of 1-ife, Inc.
Dive Year Play
Cash Flow
Operating Activities
Year 1
Year 2
Year 3
Year 4
Year 5
Total
Net income
$0
Adjuslman(s to reconcile net earnings to cash
provided by operating activities
Provision for credit losses
$0
$0
$0
$0
$0
$0,
Oepreciation and anlortlzation
0
0
0
0
0
0
(gain on sale of securities
0
0
0
0
0
0
Increase in accrued interest payable
0
0
0
0
0
0
Increase in unearned fees
0
0
0
0
0
0.
Increase in income taxes payable
0
0
0
0
0
0
Increase in accounts payable and accrued liabilities
0
0
U
0
0
0
Write-down of other real estate Awned
0
0
Cl
0
0
0
Gain on sate of other real estate owned
0
0
0
0
0
0
Gain on sale of assets
0
0
0
0
0
0.
IaCfeaSe_ill Surrender valUe Of life InSLlrance
0
0
0
0
0
0
Total Operatinrq Activities _ _
$0
_
Investing Activities �
Year 1
Year 2
Year 3
Year 4
Year 5
Total
11llrchase of available -for -sale securities
$0
$0
$0
$0
$0
$0
Redemption of other Stocl(
0
0
O
0
0
0
Maturities and calls of available -for -sale securities
0
0
0
0
0
0:`
Maturities and calls of held to-alahlrity securities
0
0
0
0
0
0
Proceeds frorn sales of available -for -sale securities
0
0
0
0
0
0
Net increase in loans
0
0
0
0
0
0
I"nceeds from sales of other real estate owned
0
0
0
0
0
0
Capital expenditures for other real estate owned
0
0
0
0
0
0'
Capital expenditures for premises and equipment
0
0
0
0
0
0
Proceeds frorn sales of promises and equipment
0
0
0
0
0
Q
Total Investing Activities$0
$0
$0
$0,
$0
$0
Flnancing Activities
Year 1
Year 2
Year 3
Year 4
Year 5
Total
Increase in demand and savings account
$0
$0
$0
$0
$0
$p
Increase in certificates of deposit
0
0
0
0
0
p'
Increase in federal funds purchased
0
0
0
0
0
0
Increase In repurchase agreements
0
0
0
0
0
0.
Finployee stock options exercised
0
0
0
0
0
0
Repurchase of common stock
0
0
0
0
0
0
Payment of -dividends
0
0
0
0
0
0
_Total 1=inancin;l Activities _
$0
$0
$0
$0
$0
$0
Cclmnlative Cash Flows
$0
t '
Beg Inning C;asli Batanco
$500
$500
$469
$98
i=nning Cash nalance
$500
$469
$9Q
i`
Miami's River of Life, Inc.
Five Year Plan
Profit and Loss Projections
Year 1
Year 2
Year 3
Year 4
Year 5
Year 1 Year 2
Year 3
Year 4
Year 5
Annual cumulative price (revenue) increase
1.6-W
2.00%
3.00%
4.00%
Annual cumulative inflallon (expense) Increase
-- 1.00%
2.00%4
3.00%
4.00%
Interest rale an ending cash balance
0.50% 0.50%
0,50%
0.50%
0.50%
Year 1
Year 2
Year 3
Year 4
Year 5
Interest Income
I --)"ills' Iru,hu ing fees
$0
$0
$0
$0
$0
Interest on federal frinds wild
0
0
0
0
0
hileiest and dividends on Investment secatrilies
0
0
0
0
0
Taxable
0
0
0
0
0
Nontaxable
0
0
0
0
0
011ier from <souic:e'-
0
0
0
0
0
tolal Interest Income
,$0
$0
$0
$0
$0
Interest Fxponse
1111erost oil deposits
$0
$0
9i0
$0
$0
Iilleiest on othei horrowings
0
0
0
0
0 -
Other _
0
0
0
0
0
Total Inlorost Expense ---
Nat Interest Income Before Provision for credlt Losses
$0
$0
$0
$0
$0
Provision for credlt losses
0
0
0
0
p
Not hl(orost Income
$0
$0
$0
$0
$0
Noninterest Income
I -Io ida I)epai lment of .hlvenlle .histice
$290,520
$293,425
$299,294
$308,273
$320,603
Mionll-Dade nepaltnlent offiunlan Services
24,000
24,240
24,480
24,720
24;960
Mlanli-Dade, transit Department
4,800
4,824
4,848
4,872
4,897
fond Bar l(
0
0
0
0
0
United Way
0
0
0
0
0'
Other
--
1,440
11447
1,454
1'462.,
1,469
"I Mal Noidoter'esllncolne
$320,760
,$323,936
.$330,076
$339,327
$351,929
Noninterest Expenso
Salailes and employee henefils
$90,000
$90.900
$92,718
$95,500
$99,32Q
Malnlenance fees
24,000
2q,240
2 25
4,7� �
25,467
"26,486
1=quinment
36,000
36,360
37,087
38,200
39;728
Dala processin0
30,000
30,300
30,906
31;833
33,107
illililles and Offlca Expenses
45,000
45,450
46,359
47,750
49,660
Director fees
0
0
0
0
0
Amortization
0
0
0
0
0
Iltigalioll
2,500
2,525
2,576
2,653.
21759.
Other __--- --u --
931260
94,103
96,076
08,959 ' .
102,917
Total Noninter'ost Exponse
11IM111e before (axes on Income
,$0
Taxes on Income Non -Profit Or0anizalion niu
0
0
0
0
0
Nut Incomo or Loss
$0