PHOA, Inc. (Promontory)

Board Financial Intelligence · Promontory Court, Heath, TX 75032

AppFolio GL · Oct 1, 2025 – Mar 26, 2026

14 accounts · 103 transactions

Net Financial Position
-$245.22
Operating deficit — review collections
Assessment Coverage
99.5%
Income covers expenses
Monthly Burn Rate
$7,649.33
Avg over 6 months
Management Fee Share
41%
$18,834.80 of total spend
Top Vendor Concentration
33.8%
Prior Management · $15,534.80
Period Coverage
6 months
2025-10-01 → 2026-03-26

Board Action Queue

5 items2 require action
High single-vendor concentrationAction Required
33.8% of total spend

Prior Management accounts for 33.8% of all spending ($15,534.80). The board should confirm contract terms, payment schedule, and whether this represents a prior-period settlement or ongoing obligation.

Management & Transfers dominate the budgetReview
74.8% combined

Management (41%) and Transfers (33.8%) together account for 74.8% of spending. Verify all transfer destinations and confirm the management fee matches the signed contract.

No reserve contributions recordedAction Required
$0 reserve transfers

The ledger shows no reserve fund contributions this period. CAI policy requires boards to fund reserves per their reserve study. Confirm whether contributions are posted under a different category or are overdue.

Minor operating deficit — monitorMonitor
-$245.22

Period net is -$245.22. This small shortfall likely reflects collection timing. Confirm all assessments are current.

Expense spike in Mar '26Review
+119% vs avg

Mar '26 expenses ($16,762.59) were 119% above the period average ($7,649.33). The board should review large line items from that month.

Expense Concentration

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

Share of Expenses

Amount by Category

CategoryTotalTxnsShare
Management$18,834.80741%
Transfers$15,534.80233.8%
Landscaping$5,952.84813%
Legal Fees$3,887.8888.5%
Utilities$979.8292.1%
Administrative$335.02110.7%
Income$200.0010.4%
Receivables$170.0010.4%
Interest Income$0.7640%
Other$0.0510%

Monthly Cash Flow

Income vs expenses month-by-month

Monthly Cash Flow