FINANCIALS.md

# Financials

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## Accrual Funding Reconciliation (2026-07-15)

The ECO GL begins `2024-03-01`, the first day of the month before the first token sale on `2024-04-24`. Earlier rows are excluded from this DAO's GL.

- ECO GL Column E accounting position: **-$1,220.97**.
- Open accrual requirement: **$1,955.24** (legal dao payable $750.00, pm payable $1,205.24).
- Other accounts payable / receivable: **$5,173.42 AP** and **$108.00 AR**.
- Live unrestricted DAO bank cash: **$337.55**.
- Restricted cash excluded from ordinary funding: **$1,062.67**.
- Bank funding gap after net AR/AP: **$6,683.11 underfunded**; surplus **$0.00**.
- 2026 retained-capital model: retained $14.71; ECO principal/interest debt $0.00.

Column E is the accounting/CF-close position, not current bank cash. Month-end reset and capital-close rows remain in Column E but are non-cash and are excluded from every inter-DAO transfer and bank-underfunding calculation. A positive Column E balance therefore does not by itself mean the bank has enough cash to pay open accruals.

Current net cash schedule affecting this DAO:
  - Pay ECO Systems LLC: $7,128.66 (funding required before full transfer)
  - Receive from Heron LFTY0314 DAO LLC: $108.00

Taxes, insurance, and escrow accruals are reserve requirements rather than immediate external payment instructions. Transfers marked funding required should not be executed in full until the incoming reimbursements, reserve top-up, or approved financing is available.
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## Cash Flow Snapshot (2026-06)

| Metric | Amount |
|---|---:|
| Revenue | $0.00 |
| Operating Expenses | $0.00 |
| NOI | $0.00 |
| Net Operating Cashflow | $0.00 |

## Monthly Cash Position (2026-06)

Amounts are shown as of 2026-06. ECO Operating Cash is the complete DAO-attributed ECO Systems GL Column E balance through the as-of month, including accruals; it is not limited to ECO Systems LLC bank cash.

| Metric | Amount | Source |
|---|---:|---|
| Lofty Operating Cash | $11.92 | Lofty `curr_maintenance_reserve` |
| ECO Operating Cash | -$1,220.97 | ECO Systems General Ledger Column E (555 rows) |

## Source Evidence

| Field | Value |
|---|---|
| Source month | 2026-06 |
| ECO GL source | `[local-path]/Users/digit/Dropbox/Real Estate/NY/724 3rd Ave Public/07 - P&L & Owner Statements/ECO Systems General Ledger - 724 3rd Ave.csv` |
| Source-month dated rows | 0 |
| Revenue bucket count | 0 |
| Operating expense bucket count | 0 |
| ECO GL Column E rows | 555 |
| ECO GL Column E sum | -$1,220.97 |