2024 Profit and Loss Statement_8842-6_Redacted.pdf

This document is a 2024 Profit and Loss Statement for the Illinois Department of Natural Resources, specifically for the Lincoln Trail State Park location, with Agreement Number 8842-6 and Lessee Jonathan Cable. The reporting period covers January 1 to December 31, 2024, and the business operated for 12 months. The statement reveals total gross sales of $117,603.46, derived from various revenue streams including food/beverage sales of $113,965.76, other income of $2,363.70, and income from state boat and dock fees.

The financial statement shows a net loss of $13,939 for the reporting period, with total operating expenses of $84,346. Key expenses include advertising ($2,800), insurance ($2,200), rent/lease to the State of Illinois ($5,880), repairs and maintenance ($3,250), utilities ($20,640), and wages to family members ($49,288). The business used the cost method for inventory valuation, with beginning inventory at $500 and ending inventory at $200. The document was signed and verified by Jonathan Cable on 04/22/2025 and was received by the IDNR on April 22, 2025, as indicated by the receipt stamp.