FINANCIALS.md

# Financials

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

The ECO GL begins `2025-02-01`, the first day of the month before the first token sale on `2025-03-14`. Earlier rows are excluded from this DAO's GL.

- ECO GL Column E accounting position: **$3,442.50**.
- Open accrual requirement: **$2,705.03** (legal dao payable $62.50, pm payable $2,642.53).
- Other accounts payable / receivable: **$8,098.13 AP** and **$443.72 AR**.
- Live unrestricted DAO bank cash: **$3,959.42**.
- Restricted cash excluded from ordinary funding: **$0.00**.
- Bank funding gap after net AR/AP: **$6,400.02 underfunded**; surplus **$0.00**.
- 2026 retained-capital model: retained $0.00; ECO principal/interest debt $4,970.11.

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: $7,265.19 (funding required before full transfer)
  - Pay Earl Co (personal Chase checking ...0000): $3,500.00 (funding required before full transfer)
  - Receive from Heron LFTY0314 DAO LLC: $443.72
  - Pay LOFTY HOLDING 5541 S PEORIA STREET DAO LLC: $37.97 (funding required before full transfer)

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)

| Metric | Amount | Source |
|---|---:|---|
| Lofty Operating Cash | $430.59 | Lofty `curr_maintenance_reserve` |
| ECO Operating Cash | $3,442.50 | ECO Systems General Ledger Column E (303 rows) |

## Source Evidence

| Field | Value |
|---|---|
| Source month | 2026-06 |
| ECO GL source | `[local-path]/Users/digit/Dropbox/Real Estate/HI/85-104 Alawa Pl Public/07 - P&L & Owner Statements/ECO Systems General Ledger - 85-104 Alawa Pl.csv` |
| Source-month dated rows | 0 |
| Revenue bucket count | 0 |
| Operating expense bucket count | 0 |
| ECO GL Column E rows | 303 |
| ECO GL Column E sum | $3,442.50 |