Neighborhood Charter School
Operating Cash Flow Summary
Operations Planning 2001-2002 2002-2003 2003-2004 2004-2005 2005-2006
Revenue
Revenue Summary
Education & Instruction Base Revenue $ - $ 3,847,500 $ 3,962,925 $ 4,081,813 $ 4,204,267 $ 4,330,395
Total Maintenance & Operations Revenue $ - $ 508,440 $ 523,693 $ 539,404 $ 555,586 $ 572,254
Transportation Revenue $ - $ - $ - $ - $ - $ -
Federal/State Funds (Title I/EIP) $ 128,250 $ 132,098 $ 136,060 $ 140,142 $ 144,347
Grants $ 175,000 $ 20,000 $ 40,000 $ 50,000 $ 50,000 $ 50,000
Fundraising/Corporate Partnerships $ 25,000 $ 50,000 $ 100,000 $ 120,000 $ 144,000 $ 172,800
Total Revenue $ 200,000 $ 4,554,190 $ 4,758,716 $ 4,927,277 $ 5,093,995 $ 5,269,795
Operations
Operating Expenses
NCS Board and Community Initiatives
Governing Board & Administration1 $ 15,000 $ 15,000 $ 15,000 $ 15,000 $ 15,000 $ 15,000
Community/Diversity/Student Outreach2 $ 20,000 $ 10,000 $ 10,500 $ 11,025 $ 11,576 $ 12,155
Staff Recruiting $ 10,000 $ 5,000 $ 5,000 $ 5,000 $ 5,000 $ 5,000
Contract Accounting/Payroll3 $ 10,000 $ 12,000 $ 12,000 $ 12,000 $ 12,000 $ 12,000
Board/Parent Leadership Development4 $ 10,000 $ 10,000 $ 10,000 $ 10,000 $ 10,000 $ 10,000
Staffing $ 25,000          
$ 90,000 $ 52,000 $ 52,500 $ 53,025 $ 53,576 $ 54,155
Education & Instruction Program
Salaries & Benefits
Education & Instruction Program5 $ 25,000 $ 3,708,067 $ 3,819,309 $ 3,933,889 $ 4,051,905 $ 4,173,462
Maintenance & Operations $ - $ 121,430 $ 125,073 $ 128,825 $ 132,690 $ 136,670
Student Services $ - $ 91,099 $ 93,832 $ 96,647 $ 99,547 $ 102,533
Staff Bonuses $ 40,000 $ 90,000 $ 130,000
Staff Development6 $ 20,000 $ 10,000 $ 10,000 $ 10,000 $ 10,000 $ 10,000
$ 45,000 $ 3,930,596 $ 4,048,214 $ 4,209,361 $ 4,384,141 $ 4,552,666
Operations & Materials
Principal's Discretionary Account $ 10,000 $ 10,000 $ 10,000 $ 10,000 $ 10,000
Supplies, Textbooks & Equipment7 #REF! #REF! #REF! #REF! #REF! #REF!
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Maintenance & Operations            
APS Building & Maintenance Lease $ - $ 500,000 $ 500,000 $ 500,000 $ 500,000 $ 500,000
Transportation            
Contracted $ - $ 20,000 $ 20,000 $ 20,000 $ 20,000 $ 20,000
Total Charter Expenses #REF! #REF! #REF! #REF! #REF! #REF!
Net Cash Flow #REF! #REF! #REF! #REF! #REF! #REF!
(Deficit)/Surplus #REF! #REF! #REF! #REF! #REF! #REF!
Notes:
1 Basic administrative expenses of the board, including telephones, postage, clerical supplies and staff
2 Planning Year: Community outreach programs to recruit students and parents, engage community support and launch pre-opening diversity initiatives
3 Planning Year: Contract work to develop and implement accounting system
4 Initiatives aimed at fostering board cooperation and recruiting and developing leadership among parents and community members
5 Planning year salary is three months for Principal
6 Seminars and training in constructivist teaching, in addition to regular staff development in education program detail
7 Planning Year: Includes initial textbook/material purchases from Education Program Detail