1. 2014 Financial Boot Camp
Kevin F. Reilly, J.D., CPA
Partner
Washington Metropolitan Area Club Controllers
Chapter – HFTP
June 19, 2014
Springfield Country Club

2. 0
1000
2000
3000
4000
5000
6000
7000
8000
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
all othersales and
income
food and beverage
sales
membership dues
City Club Income Per Member

3. 0
1000
2000
3000
4000
5000
6000
7000
8000
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
Available for Debt
Service, Capital
Improvements,
etc.
All Other
Operating
Expenses
City Club Operating Cost Per
Member

4. City Club Income 2012 Income
Total = $1.00
Dues 47¢
Food and Beverage 38¢
Rooms 6¢
Other Income 8¢

5. City Club Income 2013 Income
Total = $1.00
Dues 40¢
Food and Beverage 39¢
Rooms 11¢
Other Income 10¢

6. 2012City Club Expenses
Total = $1.00
Payroll and Related
Costs 54¢
Cost of Food and
Beverage 15¢
Real Estate Taxes and
Insurance 6¢
Other Operating
Expenses
Amount available for
Debt Service 4c

7. 2013 City Club Expenses
Total = $1.00
Payroll and Related
Costs 54¢
Cost of Food and
Beverage 14¢
Real Estate Taxes and
Insurance 5¢
Other Operating
Expenses 21¢
Amount available for
Debt Service 1¢

8. Kevin F. Reilly, J.D., CPA
Partner
PBMares, LLP
12150 Monument Drive, Suite 350
Fairfax, VA 22033
Phone: (703) 385-8809
kreilly@pbmares.com
Questions?