Board Financials — Feb 2026

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Ukiah Senior Center

Financial Report for the Board of Directors

FY 2025–26

Through January 31, 2026

February 26, 2026 Board Meeting

Revenue minus Expenses

$20,282

We brought in more than we spent — that's a surplus

Jul 2024–Jan 2025 Result

($62,984)

Last year we were in the red (a loss)

Improvement from Last Year

+$83,266

We went from losing money to making money

Revenue

money coming in

Contributions$208,34533%

Thrift Store$104,20417%

Activities$85,53614%

Contracts (MTA)$79,73013%

Grants$68,40011%

Programs$39,0556%

Memberships$13,6402%

Other*$28,5845%

↑ $103,366 more than last year (+20%)

Prior

Current

Expenses

money going out

Payroll & Benefits$398,49466%

Facilities**$55,2509%

Fundraising & Events$37,4246%

Admin & Professional$24,3424%

Vehicle & Transport$28,3515%

Depreciation$18,5203%

Insurance$15,4193%

All Other***$29,4125%

↑ $20,100 more than last year — essentially flat

Prior

Current

Budget Progress — Are We On Track?

We're 7 months into the fiscal year (7 of 12 months, or 58%). Ideally, we'd have collected and spent about 58% of our annual budget by now.

Revenue$627,493 of $1,142,219 budget

55%

50% target

We've collected 55% of our budgeted revenue through 7 months — close to the 58% target. A $65,000 endowment expected soon will push this higher.

Expenses$607,211 of $1,142,219 budget

53%

50% target

We've spent 53% of our annual budget through 7 months — under the 58% target. Spending is well-controlled.

Fiscal Year Progress58% complete (7 of 12 months)

Jul 1, 2025Jan 31 ↑ We are hereJun 30, 2026

* "Other" revenue combines: Rental Income ($11.5K), Raffle Sales ($2.3K), Interest Income ($2.2K), Services ($2.5K), Other/Refunds ($9.9K), and Advertising ($140)

All amounts are year-to-date (Jul 1, 2025 – Jan 31, 2026) | Source: QuickBooks Online P&L pulled Feb 25, 2026 5:37 PM PST

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Ukiah Senior Center — Financial Report

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Good News

✓$20,282 surplus — a $83,266 swing from last year's loss

✓Revenue up 13% year over year (+$103,366)

✓Thrift Store up 44% — strongest revenue growth area (+$27K)

✓Donations up $34K — community support increasing

✓Expenses held nearly flat despite rising costs

✓Bank fees down $1.2K from Zeffy/Grindless savings

Watch Items

⚠Vehicle at 93% of its budget — bus fuel & maintenance costs front-loaded

⚠Line of credit interest at 122% of budget — $4.3K vs $3.5K budgeted

⚠Depreciation at 24% — only 6 months recorded; full-year entry pending

⚠MTA contract reduced — structural decrease, will persist

⚠Endowment ($65K) — expected in February, not yet received

⚠Payroll fees at 170% — may need budget adjustment

Year-Over-Year Comparison

How this year (Jul 2025–Jan 2026) compares to the same 7 months last year (Jul 2024–Jan 2025), excluding prior year's $509K capital project

Revenue by Source

Contributions

Prior

$156,205

Current

$208,345

+$52K

Thrift Store

Prior

$72,256

Current

$104,204

+$32K

Activities

Prior

$95,814

Current

$85,536

$-10K

Contracts (MTA)

Prior

$85,397

Current

$79,730

$-6K

Grants

Prior

$63,900

Current

$68,400

+$5K

Programs

Prior

$27,317

Current

$39,055

+$12K

Memberships

Prior

$10,975

Current

$13,640

+$3K

Other*

Prior

$12,264

Current

$28,584

+$16K

Expenses by Category

Payroll & Benefits

Prior

$381,655

Current

$398,494

+$17K

Facilities**

Prior

$53,750

Current

$55,250

+$2K

Fundraising & Events

Prior

$40,906

Current

$37,424

$-3K

Admin & Professional

Prior

$16,654

Current

$24,342

+$8K

Vehicle & Transport

Prior

$38,069

Current

$28,351

$-10K

Depreciation

Prior

$18,520

Current

$18,520

+$0

Insurance

Prior

$11,210

Current

$15,419

+$4K

All Other***

Prior

$26,348

Current

$29,412

+$3K

Annual Budget

$1,142,219

Total Received

$627,493

Total Spent

$607,211

Net Surplus

$20,282

Notes & Definitions

What the asterisks (*) mean:

• * "Other" Revenue = Rental Income + Raffle Sales + Interest Income + Services + Advertising + Miscellaneous

• ** "Facilities" = Rent ($17.1K), Utilities ($22.9K), and Repairs & Maintenance ($7.8K)

• *** "All Other" Expenses = Lunch Bunch Program, Interest & Finance, Newsletter, Payroll Fees, Bank Fees, Staffing, Training, and Misc

Other notes:

• "Prior" year means the same 6-month period one year ago (Jul 1 – Dec 31, 2024)

• Endowment of $65,000 is expected to arrive in February 2026 (not yet included in these numbers)

• Depreciation: only 6 months' entry ($9,260) recorded — full-year journal entry pending

• Dining Room income is seasonal — typically stronger in spring months

• Numbers in parentheses like ($29,838) mean a loss — we spent more than we brought in

Source: QuickBooks Online P&L pulled Feb 25, 2026 2:11 PM PST | Report generated February 26, 2026

Ukiah Senior Center • 499 Leslie Street, Ukiah, CA 95482 • Page 2 of 2