| Innovare - Social Innovation Partners |
| Statement of Cash Flows |
| July 2020 - June 2021 |
| | Jul 2020 | Aug 2020 | Sep 2020 | Oct 2020 | Nov 2020 | Dec 2020 | Jan 2021 | Feb 2021 | Mar 2021 | Apr 2021 | May 2021 | Jun 2021 | Total |
| OPERATING ACTIVITIES |
| Net Income | -45,963.21 | -10,615.87 | 27,890.29 | -4,471.91 | 13,579.08 | 10,350.17 | -49,065.11 | -63,096.63 | 14,452.80 | -46,982.77 | 82,522.56 | -96,575.49 | -167,976.09 |
| Adjustments to reconcile Net Income to Net Cash provided by operations: | | | | | | | | | | | | | 0.00 |
| Accounts Receivable (A/R) | -6,000.00 | 28,750.00 | -62,250.00 | -18,000.00 | -11,000.00 | -18,500.00 | 134,500.00 | 23,000.00 | -124,000.00 | -53,134.00 | -146,250.00 | 96,750.00 | -156,134.00 |
| Inventory Asset | | | | | 0.00 | | | | | | | | 0.00 |
| Accounts Payable (A/P) | | | | | | | | | | | | 1,000.00 | 1,000.00 |
| Chase Credit Cards:Chase Ink (9835) | 2,984.73 | -3,531.73 | -8,023.38 | 1,194.02 | 1,837.61 | 5,445.95 | 1,193.77 | 3,382.55 | 4,775.12 | 14,166.24 | 1,363.19 | -34.04 | 24,754.03 |
| Chase Credit Cards:SWA VISA (4463) | 2,197.73 | -3,369.44 | -4,689.89 | 1,701.51 | 8,493.05 | -7,876.95 | 530.09 | -205.41 | 294.48 | -161.38 | -70.26 | 1,353.61 | -1,802.86 |
| Chase Credit Cards:United Credit Card (7341) | 278.00 | -2,749.46 | -3,235.41 | -3.04 | -63.56 | -4,811.79 | 34.61 | 58.81 | -30.03 | 3,172.29 | 1,147.74 | -72.70 | -6,274.54 |
| CitiBusiness / AAdvantage Platinum (1195) | 706.62 | 707.83 | -1,601.07 | -1,674.33 | 3,423.12 | -2,240.59 | -613.16 | -54.60 | 1,663.09 | -2,144.77 | 2,227.72 | 2,400.33 | 2,800.19 |
| Divvy CC | 2,172.04 | -973.04 | 1,650.85 | 333.68 | -356.16 | 2,951.28 | -2,274.20 | -1,140.03 | -673.76 | 2,921.25 | -2,225.15 | 4,051.04 | 6,437.80 |
| Direct Deposit Payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Payroll Liabilities:CO Income Tax | -91.00 | -73.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -164.00 |
| Payroll Liabilities:CO Local Tax | -19.50 | | | | | | | | | | | | -19.50 |
| Payroll Liabilities:CO Unemployment Tax | 0.00 | | | | | | | | | | | | 0.00 |
| Payroll Liabilities:CT Income Tax | | | | | | 358.33 | 257.26 | -128.63 | 0.00 | 257.26 | 257.26 | -1,079.13 | -77.65 |
| Payroll Liabilities:CT Paid Family and Medical Leave | | | | | | | 26.92 | 26.92 | 26.92 | -40.38 | 26.92 | 24.10 | 91.40 |
| Payroll Liabilities:CT Unemployment Tax | | | | | | 228.31 | 172.31 | 172.31 | -92.93 | -480.00 | 0.00 | 0.00 | 0.00 |
| Payroll Liabilities:Federal Taxes (941/944) | 3,089.29 | -3,089.29 | 0.00 | 4,792.65 | -0.08 | -4,792.57 | 0.00 | 0.00 | 0.00 | 7,502.47 | 683.27 | -8,185.74 | 0.00 |
| Payroll Liabilities:Federal Unemployment (940) | 0.00 | 23.66 | 58.72 | 1.62 | 0.00 | 84.00 | 276.70 | 109.72 | -395.80 | 0.00 | 42.00 | 0.00 | 200.62 |
| Payroll Liabilities:IL Income Tax | 502.12 | -911.38 | 650.72 | 650.72 | -650.72 | 684.60 | -570.85 | 170.94 | 1.15 | 808.21 | -782.63 | 0.00 | 552.88 |
| Payroll Liabilities:IL Unemployment Tax | 0.00 | 16.23 | 32.45 | -17.73 | 0.00 | 0.00 | 169.77 | 194.26 | 57.97 | -431.80 | 0.00 | 0.00 | 21.15 |
| Payroll Liabilities:MA Income Tax | | 62.11 | 248.54 | 124.27 | 0.00 | 329.44 | 235.18 | -480.53 | -314.76 | 332.58 | 516.56 | -621.14 | 432.25 |
| Payroll Liabilities:MA Paid Family and Medical Leave | | 10.10 | 40.40 | 20.20 | 0.00 | 26.97 | 20.36 | -26.81 | 14.86 | -30.54 | 51.95 | 44.20 | 171.69 |
| Payroll Liabilities:MA Unemployment Tax | | 5.33 | 162.94 | 61.82 | 0.00 | 163.82 | 123.64 | -111.58 | -401.14 | 0.00 | 9.36 | -9.74 | 4.45 |
| Payroll Liabilities:MD Income Tax | | | | 413.86 | 413.86 | 413.86 | 206.93 | 0.00 | -1,448.51 | | 0.00 | 0.00 | 0.00 |
| Payroll Liabilities:MD Unemployment Tax | | | | 140.00 | 81.00 | 0.00 | 140.00 | 81.00 | -221.00 | -221.00 | | | 0.00 |
| Payroll Liabilities:NY MCTMT Employer Tax | | | | | | | | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Payroll Liabilities:NYS Employment Taxes | | | | | | | | 196.93 | 180.67 | -377.60 | 0.00 | 0.00 | 0.00 |
| Payroll Liabilities:NYS Income Tax | | | | | | | | 312.30 | 312.30 | -156.15 | 312.30 | -468.45 | 312.30 |
| Payroll Liabilities:SMPLIRA | 3,611.85 | -2,696.97 | 3,679.78 | -1,799.50 | 0.00 | -4,380.96 | 4,074.76 | 5,523.02 | -10,025.86 | 2,986.38 | 7,987.35 | -10,973.73 | -2,013.88 |
| Payroll Liabilities:TX Unemployment Tax | 0.00 | 0.00 | | | | | | | | | | | 0.00 |
| Total Adjustments to reconcile Net Income to Net Cash provided by operations: | $9,431.88 | $12,180.95 | -$73,275.35 | -$12,060.25 | $2,178.12 | -$31,916.30 | $138,504.09 | $31,081.17 | -$130,277.23 | -$25,030.94 | -$134,702.42 | $84,178.61 | -$129,707.67 |
| Net cash provided by operating activities | -$36,531.33 | $1,565.08 | -$45,385.06 | -$16,532.16 | $15,757.20 | -$21,566.13 | $89,438.98 | -$32,015.46 | -$115,824.43 | -$72,013.71 | -$52,179.86 | -$12,396.88 | -$297,683.76 |
| FINANCING ACTIVITIES |
| Notes Payable:CHICAGO ERF | | | | | | 50,000.00 | -46.93 | -52.46 | -48.34 | -52.44 | -51.07 | -3,892.42 | 45,856.34 |
| Notes Payable:SBA EIDL | | | 149,900.00 | | | | | | | | | | 149,900.00 |
| Notes Payable:SBA PPP | | | | | | | | | 93,547.00 | | | | 93,547.00 |
| Opening Balance Equity | 26.90 | | | | | | | | | | | | 26.90 |
| Owner's Equity | | | | | | -1,000.00 | | | | | | | -1,000.00 |
| Net cash provided by financing activities | $26.90 | $0.00 | $149,900.00 | $0.00 | $0.00 | $49,000.00 | -$46.93 | -$52.46 | $93,498.66 | -$52.44 | -$51.07 | -$3,892.42 | $288,330.24 |
| Net cash increase for period | -$36,504.43 | $1,565.08 | $104,514.94 | -$16,532.16 | $15,757.20 | $27,433.87 | $89,392.05 | -$32,067.92 | -$22,325.77 | -$72,066.15 | -$52,230.93 | -$16,289.30 | -$9,353.52 |
| Saturday, Jul 17, 2021 02:19:00 PM GMT-7 |
Batman007
Innovare-SocialInnovationPartners_StatementofCashFlows1.xlsx
