5-Profit Loss Jan 2021.pdf
PDF 45 KB Posted
- Attached to
- Master Agreement AZ|CTR063774
- Contract number
- CTR063774
- Issued by
- Arizona
About this file
This document is a Profit & Loss statement for Secure One Outsource Solutions, Inc., covering the period from January 2020 through January 2021. The company operates across multiple locations, including Phoenix (Arizona), Cerritos (California), Plano (Texas), Nogales (Mexico), and has remote operations and projects in locations such as West Virginia and Docucon. The financial statement provides a comprehensive breakdown of the company's income and expenses across these various sites.
The company generates revenue through diverse service offerings including data entry, clerical services, lockbox processing, imaging, programming, delivery, client services, and postage-related services. Total sales for the period were $5,125,986.34, with significant income streams from data entry sales ($1,826,862.21), lockbox sales ($1,213,485.77), and imaging sales ($1,113,674.82). Major expenses include salaries and wages ($2,080,805.83), professional fees ($1,438,555.93), rent ($377,180.15), and insurance ($48,454.81). The company achieved a net income of $335,356.94 for the reported period, with total expenses of $4,775,999.23 and additional COVID-19 related expenses of $14,859.20.
View the file
Other files
Show all 27
On GovTribe
Work with this file
- Download the original file
- Contacts named in this file
- Similar government files
- Ask GovTribe AI about this file
Text version
Jan '20 - Jan 21
Ordinary Income/Expense Income
4000 · Sales 4010 · Data Entry Sales 1,826,862.21 4020 · Clerical Sales 67,439.94 4030 · Lockbox Sales 1,213,485.77 4040 · Imaging Sales 1,113,674.82 4050 · Programming Sales 36,378.15 4060 · Delivery Sales 95,679.05 4070 · Client Services Sales 127,449.29 4090 · Postage Sales 200,617.95 4095 · Other Misc Sales 422,199.97 4000 · Sales - Other 22,199.19
Total 4000 · Sales 5,125,986.34
4099 · Equipment Reimbursement 207.75
Total Income 5,126,194.09
Gross Profit 5,126,194.09
Expense Long M&E Misc 47,670.94 2700 · Income Tax
2810 · S1CA Cerritos Location 184.04
Total 2700 · Income Tax 184.04
2800 · Property Tax 20.26 5000 · Advertising and Promotion 2,415.45 5100 · Automobile Expense
5110 · S1AZ - Phoenix Location 1,954.94 5130 · S1CA - Cerritos Location 5,455.13 5150 · S1NO - Nogales Location 1,686.57
Total 5100 · Automobile Expense 9,096.64
5200 · Mileage Fuel and Travel Expense 5210 · S1AZ - Phoenix Location 8,040.37 5220 · S1TX - Plano Location 300.56 5230 · S1CA - Cerritos Location 3,687.97 5240 · S1DO - Docucon Location
5241 · West Virginia Project 8,328.61 5240 · S1DO - Docucon Location - Other 483.26
Total 5240 · S1DO - Docucon Location 8,811.87
10:56 AM Secure One Outsource Solutions, Inc.
02/22/21 Profit & Loss Accrual Basis January 2020 through January 2021
5200 · Mileage Fuel and Travel Expense - Other 2,503.40
Total 5200 · Mileage Fuel and Travel Expense 23,344.17
5300 · Bank Service Charges 899.41 5500 · Insurance Expense
5510 · Auto Insurance 8,800.20 5520 · Property & Liability Insurance 12,345.10 5530 · Cyber Insurance 3,018.96 5540 · Workers Comp Insurance 5,376.52 5500 · Insurance Expense - Other 18,914.03
Total 5500 · Insurance Expense 48,454.81
5600 · Interest Expense 6,205.85 5750 · Scanner and Printer Supplies 10,470.72 5800 · Office Supplies
5810 · S1AZ - Phoenix Location 15,915.45 5820 · S1TX - Plano Location 199.83 5830 · S1CA - Cerritos Location 508.32 5840 · S1DO - Docucon Location 367.22 5850 · S1NO - Nogales Location 2,865.36 5800 · Office Supplies - Other 829.26
Total 5800 · Office Supplies 20,685.44
5900 · Equipment Rental & Lease 5910 · S1AZ - Phoenix Location 14,805.64
Total 5900 · Equipment Rental & Lease 14,805.64
6000 · Salaries & Wages 6081 · Employee Advanced 2,059.32 6000 · Salaries & Wages - Other 2,078,746.51
Total 6000 · Salaries & Wages 2,080,805.83
6100 · Professional Fees 6110 · Nogales Office
6111 · Nogales Employee Wages 311,655.96 6112 · Nogales Employee Bonus 150,563.36 6113 · Nogales Employee Vacation 27,447.45 6114 · Nogales Employee Tax -56,098.01 6115 · Nogales Company Tax 255,467.99 6116 · Employee FONACOT Loan 15,116.72 6117 · Nogales Professional Fee 14,851.92 6110 · Nogales Office - Other 2,595.97
Total 6110 · Nogales Office 721,601.36
10:56 AM Secure One Outsource Solutions, Inc.
02/22/21 Profit & Loss
6120 · Remote Office 6121 · Remote Employee Wages 204,845.72 6122 · Remote Employee Bonus 54,303.05 6123 · Remote Employee PTO 8,852.35 6124 · Remote Employee Insurance 5,352.43 6126 · Remote Employee Overtime 1,112.71 6127 · Other Misc 700.00 6120 · Remote Office - Other 200.00
Total 6120 · Remote Office 275,366.26
6130 · Outside Data Serives 13,018.26 6140 · Home Keyer 16,031.59 6150 · Docucon 166,378.27 6160 · Reimburse From IBM 191,855.84 6100 · Professional Fees - Other 54,304.35
Total 6100 · Professional Fees 1,438,555.93
6201 · Medical Insurance 6211 · S1AZ - Phoenix Location 112,652.08 6231 · S1CA - Cerritos Location 7,309.76
Total 6201 · Medical Insurance 119,961.84
6202 · Dental Insurance 6212 · S1AZ - Phoenix Location 6,014.74 6232 · S1CA - Cerritos Location 113.23
Total 6202 · Dental Insurance 6,127.97
6203 · Employee Benefit 6213 · S1NO - Cafeteria Service 10,232.80 6223 · S1NO - Doctor Service 2,327.04 6233 · S1AZ - Driver Lunch 596.79 6243 · S1AZ - Birthday GC Food 4,421.70 6203 · Employee Benefit - Other 9,304.95
Total 6203 · Employee Benefit 26,883.28
6300 · Repairs and Maintenance 6310 · S1AZ - Phoenix Location 53,325.63 6330 · S1CA - Cerritos Location 104.36 6350 · S1NO - Nogales Location 1,981.98 6300 · Repairs and Maintenance - Other -11.20
Total 6300 · Repairs and Maintenance 55,400.77
6400 · Software License & Permit 73,158.58 6401 · Lock Box Audit 14,775.00
10:56 AM Secure One Outsource Solutions, Inc.
02/22/21 Profit & Loss
6500 · Postage Expenses 6501 · POBox Expenses 5,279.00 6510 · S1AZ - Phoenix Location 39,402.91 6530 · S1CA - Cerritos Location 775.32 6500 · Postage Expenses - Other 167,100.00
Total 6500 · Postage Expenses 212,557.23
6600 · Delivery and Shipping Expenses 6610 · S1AZ - Phoenix Location 11,948.46 6630 · S1CA - Cerritos Location 994.95 6650 · S1NO - Nogales Location 2,312.21
Total 6600 · Delivery and Shipping Expenses 15,255.62
6700 · Janitorial Cleaning Services 6710 · S1AZ - Phoenix Location 14,214.91 6730 · S1CA - Cerritos Location 3,071.25 6750 · S1NO - Nogales Location 1,241.90
Total 6700 · Janitorial Cleaning Services 18,528.06
6800 · Rent Expense 6810 · S1AZ - Phoenix Location 335,313.50 6820 · S1TX - Plano Location 5,466.65 6830 · S1CA - Cerritos Location 36,400.00
Total 6800 · Rent Expense 377,180.15
6900 · Pest Control 6910 · S1AZ - Phoenix Location 236.00 6920 · S1CA - Cerritos Location 435.00
Total 6900 · Pest Control 671.00
7000 · Utilities 7010 · S1AZ - Phoenix Location 28,508.89 7030 · S1CA - Cerritos Location 4,390.15 7050 · S1NO - Nogales Location 35,940.38
Total 7000 · Utilities 68,839.42
7100 · Computer and Data Expenses 7110 · S1AZ - Phoenix Location 26,561.16 7120 · S1TX - Plano Location 18.68 7130 · S1CA - Cerritos Location 1,299.74 7150 · S1NO - Nogales Location 551.75 7100 · Computer and Data Expenses - Other 851.86
Total 7100 · Computer and Data Expenses 29,283.19
10:56 AM Secure One Outsource Solutions, Inc.
02/22/21 Profit & Loss
7200 · Telephone Expense 7210 · S1AZ - Phoenix Location 16,390.49 7230 · S1CA - Cerritos Location 2,020.27 7240 · S1DO - Docucon Location 46.33 7250 · S1NO - Nogales Location 3,542.40 7200 · Telephone Expense - Other 2,296.14
Total 7200 · Telephone Expense 24,295.63
7300 · Alarm System 7310 · S1AZ - Phoenix Location 973.96 7320 · S1CA - Cerritos Location 615.71
Total 7300 · Alarm System 1,589.67
7400 · Petty Cash 7420 · S1CA - Ceritos Office -135.04 7450 · S1NO - Nogales Location 131.37
Total 7400 · Petty Cash -3.67
7500 · Shredding Service 7510 · S1AZ - Phoenix Location 1,204.20 7520 · S1TX - Plano Location 50.00 7530 · S1CA - Cerritos Location 2,915.64
Total 7500 · Shredding Service 4,169.84
7600 · Merchant Fee 4,757.18 8000 · Unknown Nogales Expenses 18,953.34
Total Expense 4,775,999.23
Net Ordinary Income 350,194.86
Other Income/Expense Other Expense
9000 · Ask My Accountant -21.28 9999 · COVID-19 Expenses 14,859.20
Total Other Expense 14,837.92
Net Other Income -14,837.92
Net Income 335,356.94
10:56 AM Secure One Outsource Solutions, Inc.
02/22/21 Profit & Loss
File details come from the government source that posted it. Updated .