Current Financial Information for the ZHA
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Balance Sheet at June 30, 2009 |
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Assets |
Liabilities & Equity |
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|
Cash |
$58,380 |
Liabilities |
$0 |
|
|
Fixed Assets, Net |
71,739 |
|
|
|
|
Other Assets |
44,787 |
Equity |
174,906 |
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|
Total Assets |
$174,906 |
Total Liabilities and Equity |
$174,906 |
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Income Statement
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|
June 30, 2009 |
Budget 2009 |
|
Income |
$102,690 |
$115,510 |
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Expense: |
|
|
|
Administration |
20,910 |
40,880
|
|
Communications Committee |
2,189 |
5,200 |
|
Fire Committee |
11,544 |
21,100 |
|
Physical Improvements Committee |
25,416 |
38,100 |
|
Water Committee |
2,440 |
16,200 |
|
Total Expense |
($62,499) |
$121,480 |
|
|
|
|
|
Net Income (Loss) |
$40,191 |
($ 5,970) |
The latest balance sheet you can find on our homepage is of June 30, 2009.
Related to the financial situation of the ZHA
I cannot find any further information.
Before the background of the financial situation of 2010 - as I understand the balance sheet of June 30, 2010, published in the newsletter, the ZHA is bankrupt by the middle of the year - the Board should provide the homeowners with some more information.
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