PHOA, Inc. (Promontory)

Board Financial Intelligence · Promontory Court, Heath, TX 75032

AppFolio Financials · Jan '24 – Mar '26

14 months · 40 reports

⚠️Data Quality Notice— data ingested from 2 source sets with known gaps
1 high severity1 medium severity13 months missing
Net Income
-$20,322.19
Operating deficit — review collections
Assessment Coverage
45.6%
Expenses exceed income
Monthly Burn Rate
$2,665.93
Avg over 14 months
Cash on Hand
$1,110.05
As of latest balance sheet
Top Vendor Concentration
19.5%
WHJ · $11,500.00
Period
14 months
Jan '24 – Mar '26

Board Action Queue

3 items2 require action
Operating deficitAction Required
-$20,322.19

Total expenses ($37,323.00) exceed income ($17,000.81) by $20,322.19. Review assessment collection and discretionary spending immediately.

Cash reserves below 2-month thresholdAction Required
0.4 months runway

Current cash ($1,110.05) covers only 0.4 months of expenses at the current burn rate of $2,665.93/mo. Consider accelerating assessment collection.

Legal fees recordedReview
$3,887.88

$3,887.88 in legal fees over the period. Review the nature of legal work (lien letters, collections, general counsel) and confirm board authorization.

Expense Concentration

Where is the money going, and does it make sense?

Share of Expenses

Amount by Category

CategoryTotalTxnsShare
Fence/Gates$11,500.00236.8%
Management Fees$7,300.001323.4%
Landscape Installs & Repairs$5,550.23517.8%
Tree Trimming$4,600.00114.7%
Legal Fees$3,887.88212.4%
Insurance$1,058.0013.4%
Water/Sewer$1,034.2183.3%
Water & Sewer$841.5352.7%
Landscaping$402.6111.3%
Electricity$380.63111.2%
Administrative$335.0261.1%
Accounting/Audit$310.0021%
Record Storage$96.0080.3%
Copies/Postage$13.8610%
Office Supplies$13.0210%
Reconciliation Discrepancies$0.0110%
Lawn Maintenance$0.0010%
Net Ordinary Income-$6,067.448-19.4%

Monthly Cash Flow

Income vs expenses month-by-month

Monthly Cash Flow