ALLENS POND YEARLY MEETING, 2026
ALLENS POND ASSOCIATION, INC.
TREASURER’S REPORT for Year Ending August 15, 2026
Financial Summary
As of August 14, 2026, the Association has $12,278.75 in total assets.
During the past year , the Association recorded $3,404.85 in revenue and $8,630.60 in expenses, resulting in a net operating deficit of $5,225.75.
The largest expense was $7,200.00 for channel excavation, which was necessary to support the ongoing maintenance and tidal flow of Allen’s Pond.
Current Assets
Total Assets: $12,278.75
Santander Business Checking $11,584.11
Payments to Deposit $694.64
Total Assets $12,278.75
Revenue
Total Revenue: $3,404.85
Revenue comes primarily from membership dues, donations, and other receipts. Continued membership and contributions are important to maintaining the Association’s operating funds and reserves.
Expenses
Total Expenses: $8,630.60
Channel Excavation $7,200.00
Software & Apps $585.28
Permits & Fees $330.00
Website $322.18
Credit Card Fees $113.64
Social Media $42.50
Filing Fees $33.50
Bank Fees $3.50
Total Expenses $8,630.60
Operating Results
Total Revenue $3,404.85
Total Expenses ($8,630.60)
Net Operating Deficit ($5,225.75)
Although the Association has a deficit for the period, it continues to have $12,278.75 in total assets and sufficient funds to support current operations.
Financial Outlook
Maintaining an adequate reserve remains important as future pond-related work can be costly and may involve permitting, engineering, excavation, and maintenance.
Projecting forward 4.5 years towards the next channel opening:
Channel excavation 20% more in 4.5 years = $8640
Operating expenses $900year x4.5 years = $4050
Permits estimated not to exceed $1000 = $1000
Additional engineering fees estimate = $2000
Total = $15,690
For the remainder of 2026, the Association should:
Encourage timely payment of membership dues.
Encourage voluntary contributions and seek grants.
Maintain a reasonable reserve for future pond work.
Monitor administrative and technology expenses.
Carefully review significant expenditures.
Continue accurate and timely financial reporting.
Respectfully submitted,
Jean Motha, Treasurer
Allens Pond Association, Inc.