Redondo Beach Travel and Tourism Financials (9.1.20-8.31.21) Savings Account
9/1/2020 Balance from 9/1/19-8/31/20 (to activate RBTT Account 1/22/2019) $100.00 Total Savings $100.00
Checking Account Contingency Admin & Ops Sales & Marketing 3% 10% 87%
9/1/2020 Balance from 9/1/19-8/31/20 Period $905,373.69 $34,923.44 $116,411.47 $754,038.78 Reallocation of funds from Admin & Ops ($60K) to Contingency and S&M $30,000.00 ($60,000.00) $30,000.00 $64,923.44 $56,411.47 $784,038.78
9/1/2020 Expense Balance from 9/1/19-8/31/20 Period ($544,087.21) $0.00 ($4,986.00) ($539,101.21) Carryover Balance from 19-20 Fiscal Year $361,286.48 $64,923.44 $51,425.47 $244,937.57 9/21/2020 Deposit for July 2020 RBTMD Disbursement (Delayed Remittance) $28,926.29 $867.79 $2,892.63 $25,165.87 $390,212.77 $65,791.23 $54,318.10 $270,103.44
10/19/2020 Reallocation of funds from Contingency ($20K) and Admin & Ops ($20K) to S&M ($20,000.00) ($20,000.00) $40,000.00 $390,212.77 $45,791.23 $34,318.10 $310,103.44
10/26/2020 Deposit for August RBTMD Disbursement (Delayed Remittance) $34,391.08 $1,031.73 $3,439.11 $29,920.24 11/20/2020 Deposit for September Disbursement ($34,194.81), returned due to signature not matching what's on file $0.00 $0.00 $0.00 $0.00 11/23/2020 Deposit: IRS Refund for 2018 Tax Return. Gary Wayland of Wayland & Vukadinovich LLP paid IRS our penalty $4,330.94 $0.00 $4,330.94 $0.00 while he was making corrections with IRS for a zero balance. $0.00 $0.00 $0.00 11/30/2020 Deposit for September Disbursement. $34,194.81 $1,025.84 $3,419.48 $29,749.48 12/21/2020 Deposit for October Disbursement $49,520.48 $1,485.61 $4,952.05 $43,082.82 1/25/2021 Deposit for November Disbursement $5,607.29 $168.22 $560.73 $4,878.34 2/22/2021 Deposit for December Disbursement $36,473.03 $1,094.19 $3,647.30 $31,731.54 3/22/2021 Deposit for January 2021 Disbursement $21,412.49 $642.37 $2,141.25 $18,628.87 Deposit Balance $576,142.89 $51,239.20 $56,808.96 $468,094.73 4/19/2021 Rellocation from Contingency ($30K) to S&M for Summer Media Spend ($30,000.00) $30,000.00 $576,142.89 $21,239.20 $56,808.96 $498,094.73
5/21/2021 Deposit for February 2021 Disbursement $28,684.48 $860.53 $2,868.45 $24,955.50 5/24/2021 Deposit for March 2021 Disbursement $35,693.86 $1,070.82 $3,569.39 $31,053.66 7/26/2021 Deposit for April 2021 Disbursement $37,878.27 $1,136.35 $3,787.83 $32,954.09 7/26/2021 Deposit for May 2021 Disbursement $39,999.15 $1,199.97 $3,999.92 $34,799.26 8/23/2021 Deposit for June 2021 Disbursement $41,305.03 $1,239.15 $4,130.50 $35,935.38 TBD Deposit for July 2021 Disbursement $81,117.86 $2,433.54 $8,111.79 $70,572.54 TBD Deposit for August 2021 Disbursement $50,060.80 $1,501.82 $5,006.08 $43,552.90 TOTAL DEPOSIT BALANCE $890,882.34 $30,681.39 $88,282.90 $771,918.05
EXPENSES
9/8/2020 Check #1041 Paolucci Salling & Martin (PSM) $7500. $1K Retainer. $2262 Creative Svcs. $400 Art. $0.00 $2500 Website. $500 Dig Ad. $800 PR/SM (Stop payment requested 10.6.20) 9/24/2020 Check #1042 Paolucci Salling & Martin (PSM). $15K Digital Buyout. $22K RB Expedia Ads Q4 Winter LA Co-Op ($37,000.00) 9/30/2020 Check #1043 Fahmia Inc. $500, 2018 Tax Return Amendment ($500.00) 10/6/2020 Check #1044 Paolucci Salling & Martin (PSM). $7500 Sept Integ Svc Fees (orig Chk#1041). ($15,000.00) $7500 Oct Integ Svc Fees `
10/21/2020 Check #1045 Paolucci Salling & Martin (PSM) Inv. #32174. $14K Digital Buyout, Sept-Google Adwords, Leisure, YouT,FB ($14,000.00) 10/26/2020 Check #1046 Paolucci Salling & Martin (PSM), Inv 32176. $30K Digitual Buyout, Nov & Dec & Site Impact Email ($30,000.00) 11/9/2020 Check #1047 Paolucci Salling & Marting (PSM), Inv 32345 Contingency Creative & Buyouts 3 Years aRes (Year 2) ($23,200.00) $11K. Inv 32244 Nov Integ Svcs $12.2K. (Nov Retainer $1500, Creative Svcs $3762, Production $400, Website Svcs $4K, Dig Ad Analytics $1200, PR/Soc Media $1300) 11/19/2020 Check #1048 United States Liability Insurance Co, 12.11.20-12.11.21 ($1,976.00) 11/19/2020 Check #1049 Kasi Iacono, Sheet of Stamps $11 and Monthly QuickBooks Fee $35 ($46.00) 11/23/2020 Check #1050 made out to Gary Wayland for Refund from IRS for 2018 Tax Return that we did not owe. ($4,330.94) 11/30/2020 Return check fee for original September Disbursement check ($34,194.81) deposited on 11/20, ($12.00) signature didn't match authorized signature on file
11/30/2020 Check #1051 Paolucci Salling & Martin (PSM), Invoice #32356. January Media Buyouts ($11,120.00) 12/10/2020 Check #1052 Paolucci Salling & Martin (PSM), Invoice #32464. Dec Integ Svcs Fee ($12,200.00) 12/14/2020 Filing fee to CA Franchise Tax Board for 2019 CA Exempt Org Annual Info Return, paid electronically ($10.00) 12/14/2020 Check #1053 Fahmia Inc, Invoice #1225, 2019 Tax Prep $500, Bookkeeping Svcs $300 ($800.00) 12/28/2020 Check #1054 Kasi Iacono, Monthly Quickbooks Fee ($35.00) 1/4/2021 Check #1055 Paolucci Salling & Martin (PSM), Invoice #32493. Digitial Media Buyout Feb 2021 ($11,120.00) 1/11/2021 Check #1056 Paolucci Salling & Martin (PSM). Invoice #32589. Jan Integ Svcs Fee ($12,200.00) 1/12/2021 Check #1057 Portofino Hotel $1680.90_3rd Nt Free Promo reimbursement, Nov 2020 ($1,680.90) 1/12/2021 Check #1058 Portofino Hotel $784.42_3rd Nt Free Promo reimbursement, Dec 2020 ($784.42) 1/12/2021 Check #1059 Best Western Plus/Redondo Beach Inn $561.61_3rd Nt Free Promo reimb, Dec 2020 ($561.61) 1/12/2021 Check #1060 Shade Redondo Beach $7857.14_3rd Nt Free Promo reimb, Nov-Dec 2020 ($7,857.14) 1/29/2021 Check #1061 Kasi Iacono, Monthly QB Fee ($35.00) 2/11/2021 Check #1062 Paolucci Salling & Martin (PSM). Inv #32627 Creative Buyouts Front Line Stock Imge $1500 ($13,700.00) Inv #32677 Feb Integ Svcs Fee $12,200
2/11/2021 Check #1063 Sonesta Redondo Beach $382.60_3rd Nt Free Promo reimbursement Dec/Jan 2021 ($382.60) 2/11/2021 Check #1064 Best Western Plus/Redondo Beach Inn $3256.66_3rd Nt Free Promo reimb, Jan 2021 ($3,256.66) 2/18/2021 Check #1065 Paolucci Salling & Martin (PSM). Inv. #32777 Digital Buyout $4173.75 & ($19,467.50) #32778 Dig BO March 15293.75
2/26/2021 Check #1066 Kasi Iacono, Monthly QB Fee. ($42.14) 3/5/2021 Check #1067 Paolucci Salling & Martin (PSM). Inv #32859 RB Expedia LA Co-Op Campaign Buyouts Q2 '21 ($22,000.00) 3/9/2021 Check #1068 Paolucci Salling & Martin (PSM). Inv #32835 Integrated Svcs Fee March 2021 ($12,200.00) 3/10/2021 Check #1069 Sonesta Redondo Beach 3rd Nt Free Promo reimbursement for Feb 2021 ($2,566.10) 3/10/2021 Check #1070 Best Western Plus 3rd Nt Free Promo reimbursement for Feb 2021 ($4,038.87) 3/30/2021 Check #1071 Kasi Iacono, Monthly QB Fee ($40.00) 4/5/2021 Check #1072 Paolucci Salling & Martin (PSM). Inv #32946 RB Influencer Buyouts $8K ($23,293.75) Inv #32947 Digital Media Buyout April $15,293.75
4/9/2021 Check #1073 Paolucci Salling & Martin (PSM). Inv #33018 Apr 2021 Integ Svcs Fee, #33082 Web Domain BO ($12,218.17) 4/15/2021 Check #1074 Sonesta Redondo Beach 3rd Nt Free Promotion reimbursement for March 2021 ($2,789.14) 4/15/2021 Check #1075 Hilton Garden Inn RB 3rd Nt Free Promotion reimbursment for March 2021 ($117.52) 5/4/2021 Check #1076 Kasi Iacono. $40 QB Mo Fee, $11 Sheet of Stamps for Mailing Bills ($51.00) 5/11/2021 Check #1077 Paolucci Salling & Martin (PSM). Inv #33213 May 2021 Integ Svcs Fee ($12,200.00) 5/12/2021 Check #1078 Sonesta Redondo Beach 3rd Nt Free Promotion reimbursement for April 2021 ($2,119.30) 5/18/2021 Check #1079 Paolucci Salling & Marting (PSM). Inv #33111 Dig Media Buyout $15,303.75 ($38,917.75) Inv #33112 RB Expedia SoCal Beach Co-Op Campaign $22K, Inv #33114 Post Pandemic Stock Images $1614 5/24/2021 Check #1080 Paolucci Salling & Marting (PSM). Inv #33261 June Dig Media Buyout ($21,847.00) 5/28/2021 Check #1081 Kasi Iacono $40 QB Mo Fee ($40.00) 6/16/2021 Check #1082 Paolucci Salling & Martin (PSM). Inv #33364 June Integ Svcs Fee ($12,200.00) 6/29/2021 Check #1083 Kasi Iacono $40 QB Mo Fee June ($40.00) 7/6/2021 Check #1084 Paolucci Salling & Martin (PSM). Inv #33417 Dig Media Buyout, July & Aug. ($53,693.00) 7/13/2021 Check #1085 Paolucci Salling& Martin (PSM). Inv #33524 July Integ Svcs Fee ($12,200.00) 7/26/2021 Check #1086 Kasi Iacono $40 QB Mo Fee July ($40.00) 8/10/2021 Check #0187 Paolucci Salling & Martin (PSM). Inv #33671 Aug Integ Svcs Fee ($12,200.00) 8/20/2021 Check #1088 Kasi Iacono $50 QB Mo Fee August ($50.00) 8/25/2021 Check #0189 Paolucci Salling & Martin (PSM), Inv #33698 $22K RB Expedia Q4 LA Co-Op Campaign. ($50,500.00) Inv #33699 $28.5K Digital Media Buyout
Total Spent TOTAL EXPENSES ($516,679.51) $0.00 ($8,048.08) ($508,631.43) Balance Carryover Balance from 20-21 Fiscal Year CHECKING BALANCE $ 374,202.83 $ 30,681.39 $ 80,234.82 $ 263,286.62 TOTAL BALANCE Sv & Chckg $374,302.83