Housing Works Inc.

and Affiliates
Consolidated Statement of Budgeted Cash Flows
2011 Forecasted Cash Flow
Indirect Method

Cash flows from operating activities:

Increase (decrease) in unrestricted net assets
Increase (decrease) in temporarily restricted net assets
Increase (decrease) in prem restricted net assets
Adjustments to reconcile decrease in net assets to
net cash provided by operating activities:
Depreciation expense
Decrease (increase) in medicaid receivable
Decrease (increase) in contract receivable
Decrease (increase) in contributions
Decrease (increase) in inventory
Decrease (increase) in prepaid expenses
Decrease (increase) in security deposits
Decrease (increase) in other assets
Increases (decrease) in accounts payable
Increases (decrease) in accrued expenses
Increase (decrease) in deferred rent
Increase (decrease) in accrued payroll
Increase (decrease) in other liabilities
Decrease (increase) in Gotham Bronx
Cash flows from operating activities:
Cash flows from investing activities:
Sale (Purchases) of property and equipment
Decrease (increase) in endowment
Decrease (increase) in Vidacare and Other
Decrease (Increase) Investment in BTQ Financial
Decrease (increase) in Keith Cylar endowment
Cash flows from investing activities:
Cash flows from financing activities:
Increase (decrease) in current loan payable
Increase (decrease) in short term loan payable - HUD Harlem
Increase (decrease) in long term loan payable
Increase (decrease) in long term loan payable-HUD Harlem
Decrease (increase) in deferred financing costs
Cash flows from financing activities:

Net increase (decrease) in cash

Cash, beginning of period

Cash, end of period

FY 2010 FY 2010 FY 2010

Actual
Forecast Forecast
3/31/2010 4/30/2010 5/31/2010

FY 2010
Forecast
6/30/2010

FY 2011
Forecast
7/31/2010

FY 2011
Forecast
8/31/2010

FY 2011
Forecast
9/30/2010

FY 2011
Forecast
10/31/2010

FY 2011
Forecast
11/30/2010

FY 2011
Forecast
12/31/2010

FY 2011
Forecast
1/31/2011

FY 2011
Forecast
2/28/2011

FY 2011
Forecast
3/31/2011

FY 2011
Forecast
4/30/2011

FY 2011
Forecast
5/31/2011

FY 2011
Forecast
6/30/2011

FY 2011

65,798
(45,833)
60

(32,897)
(45,832)
0

194,819
0
0

(326,222)
458,333
0

52,151
(45,833)
0

64,909
(45,833)
0

1,474,676
(45,833)
0

156,884
(45,833)
0

(26,684)
(45,833)
0

(51,706)
(45,833)
0

184,110
(45,833)
0

189,334
(45,833)
0

57,863
(45,833)
0

47,193
(45,833)
0

127,851
458,333
0

130,187
(45,833)
0

154,831
(236,704)
142,006
155,300
2,954
(12,739)
(3,389)
(2,728)
(106,362)
(1,072)
26,558
278,823
10,800

161,782
(43,920)
0
0
0
0
0
0
0
(19,795)
4,105
150,483
0

161,782
(43,920)
0
0
0
0
0
0
0
(19,795)
4,105
75,241
0

161,782
(43,920)
0
(150,000)
0
0
0
0
0
(19,795)
4,104
150,483
0

166,471
(78,794)
0
0
0
0
0
0
0
(19,795)
21,938
(601,931)
0

167,165
(79,104)
0
0
0
0
0
0
0
(19,795)
20,438
150,483
0

167,862
39,419
0
0
0
0
0
0
0
(19,795)
20,437
150,483
0

168,561
118,479
0
0
0
0
0
0
0
(19,795)
8,752
75,241
0

169,263
0
0
0
0
0
(45,000)
0
0
(19,795)
8,173
150,483
0

169,969
0
0
0
0
0
0
0
0
(19,795)
8,172
(526,690)
0

170,677
0
0
150,000
0
0
0
0
0
(19,795)
7,612
75,241
0

171,388
0
0
0
0
0
0
0
0
(19,795)
7,612
0
0

172,102
0
0
0
0
0
0
0
0
(19,795)
7,070
225,724
0

172,819
0
0
0
0
0
0
0
0
(19,795)
4,934
75,241
0

173,539
0
0
(150,000)
0
0
0
0
0
(19,795)
4,934
150,483
0

174,262
0
0
0
0
0
0
0
0
(19,795)
4,933
150,483
0

428,303

173,926

372,233

234,765

(505,794)

258,262

462,289

190,607

(465,883)

522,012

302,706

397,131

234,559

745,345

394,236

2,406,768
(45,833)
0
0
0
2,044,078
(0)
0
0
0
0
(45,000)
0
0
(237,540)
125,003
75,241
0
0
4,322,717

(19,722)
0
(10,207)
0
0
(29,929)

(22,917)
0
0
0
(2)
(22,919)

(22,917)
0
0
0
0
(22,917)

(22,917)
0
0
0
0
(22,917)

(104,200)
0
0
0
0
(104,200)

(104,200)
0
0
0
0
(104,200)

(76,200)
0
0
0
0
(76,200)

(71,200)
0
0
0
0
(71,200)

(131,200)
0
0
0
0
(131,200)

(31,200)
0
0
0
0
(31,200)

(57,867)
0
0
0
0
(57,867)

(17,867)
0
0
0
0
(17,867)

(17,867)
0
0
0
(164,334)
(182,200)

(17,867)
0
0
0
(164,334)
(182,201)

(17,867)
0
0
0
(164,334)
(182,201)

(17,867)
0
0
0
(164,334)
(182,201)

(665,400)
0
0
0
(657,336)
(1,322,736)

25,096
223,707 (226,300)
1
0
0
(110,755) (335,725) (110,724)
(19,645) (19,645) (19,645)
8,608
8,608
8,608
(96,696) (123,055) (348,061)

(1,300)
0
(110,724)
(19,645)
8,608
(123,061)

(1,300)
0
(110,724)
(19,645)
8,608
(123,061)

(1,300)
0
(110,724)
(19,645)
8,608
(123,061)

(1,300)
(19,645)
(110,724)
(1,109)
8,608
(124,170)

(1,300)
(19,645)
(110,724)
0
8,608
(123,061)

(1,300)
(19,645)
(110,724)
0
8,608
(123,061)

(1,300)
(19,645)
(110,724)
0
8,608
(123,061)

(1,300)
(19,645)
(110,724)
0
8,608
(123,061)

(1,300)
(19,645)
(110,724)
0
8,608
(123,061)

(1,300)
(19,645)
(110,724)
0
8,608
(123,061)

(1,300)
(19,645)
(110,724)
0
8,608
(123,061)

(16,300)
(19,645)
(109,210)
0
8,608
(136,547)

(16,300)
(19,645)
(95,724)
0
8,608
(123,061)

(45,600)
(196,450)
(1,312,174)
(40,399)
103,296
(1,491,327)

268,028

(63,654)

(620,144)

341,084

161,778

91,869

(70,703)

426,597

88,974

1,508,654

541,640
882,724

882,724
1,044,502

1,044,502
1,136,371

1,065,669
1,492,265

1,492,265
1,581,239

72,586
1,581,239

301,679

27,952

1,255

88,787

(733,055)

31,001

(347,087)
(45,409)

(45,409)
(17,456)

(17,456)
(16,202)

(16,202)
72,586

72,586
(660,470)

(660,470)
(629,468)

1,787,249

1,586,879

(629,468)
957,410

957,410
1,225,438

1,225,438
1,161,784

1,161,784
541,640

1,136,371
1,065,669