casti name

Monthly Operating ReportCASTI BA$IS

CASE NAME: CFO Manasement Holdines- LLC

C.{SE NUMBER: 1940426

IUDGE: BrsdaT Rhcades

I]NITED STATES BAIIIKRI'PTSY COURT

NORTTIERN & EASTERFI I}ISTBICTS OF TEXAS

REGION 6

MOI{THLY OTEBATING REPQRT

MONTH ENDING: SETTEMBER 20?A

TN ACC1}RT}A1!Cf, WTTH TffitE IE SECT}O{TI f7{6, OF THE tE{.TTf,D STATtrS CI}DD, I DBCT^,i,BE UN'DERPENALTY OT PEN.IURY THAT I TIAYE EXAMIHES THE FOLLO}?IHG MONTTILY OPERATINC EEPORT{f,ASI*BASTS.I TEEOTJGIT C*SII BASIS{} AT'II'BTffE ACCOiEPAN}'TFTG ATTACEMENTS ANTT},

TO TIIE, BDST OT MY XNOVLEDCE, TIIDSE,D(}CA}MENTS ARE TTUE, CORBEST, AF{D COMPLETLDEietARnTION OF TEE PREFARER(OTHE* TII*I{ RESFO+rIS}BLE FA*TV}IS BASED Ol{ ALLINFO*MAfiON OF WHICIIPEEPABER ffAS A]TTY KNOWLEDGL

Ch. I I Trustee

TITLE

hvidWallacePRIHTEDNAME OF RES-PQI.\,SIB_LE PA-I{Y

r0D&2020DA]TE

Ascols*g*

Erie Rohinson l0rr0a020PR"TNTED }'AME OT FREPARER

Case 19-40426 Doc 595 Filed 10/20/20 Entered 10/20/20 22:48:45 Desc MainDocument of 12

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1940426201104000000000004

Docket #0595 Date Filed: 10/20/2020

Monthly Operating ReportCASH BASIS-1

CASE NAME:

CASE NUMBER:

CASH RECEIPTS AND July August SeptemberDISBURSEMENTS

24,228,307.98$ 24,009,751.05$ 23,883,442.13$ RECEIPTS

-$ -$

3,786.51$ 3,787.31$ 3,152.68$ -$ -$ 15,100.00

3,786.51$ 3,787.31$ 18,252.68$

-$ -$ -$

-$ -$ -

341.73$ 299.10$ 272.40$ 90,665.40$ 1,921.97$ 645.99$

3,600.01$ 541.25$ 8,500.00$ -$ -$ -$

454.15$ 389.08$ 376.70$ 649.47$ 16,561.97$ 39,513.19$

3,500.00$ 3,500.00$ 3,500.00$

99,210.76$ 23,213.37$ 52,808.28$ REORGANIZATION EXPENSES

118,257.68$ 106,882.86$ 160,745.99$ 4,875.00$ -$ -$

123,132.68$ 106,882.86$ 160,745.99$ 222,343.44$ 130,096.23$ 213,554.27$

(218,556.93)$ (126,308.92)$ (195,301.59)$ 24,009,751.05$ 23,883,442.13$ 23,688,140.54$

25. ADMIN EXPENSES26. CHARITABLE CONTRIBUTIONS27. ASSET MANAGEMENT

CFO Management Holdings, LLC

19-40426

35. NET CASH FLOW

15. OTHER SECURED NOTE PAYMENTS

28. OTHER (ATTACH LIST)

17. UTILITIES18. INSURANCE

36. CASH - END OF MONTH

29. TOTAL ORDINARY DISBURSEMENTS

30. PROFESSIONAL FEES31. U.S. TRUSTEE FEES32. OTHER (ATTACH LIST)33. TOTAL REORGANIZATION EXPENSES34. TOTAL DISBURSEMENTS

19. VEHICLE EXPENSES20. TRAVEL21. ENTERTAINMENT22. REPAIRS & MAINTENANCE23. SUPPLIES24. BANK FEES

9. TOTAL RECEIPTS

10. CLOSING COSTS (SALE OF REAL PROPERTY)11. PAYROLL TAXES PAID

DISBURSEMENTS

13. INVENTORY PURCHASES14. MORTAGE PAYMENTS

4. LOANS AND ADVANCES

12. SALES,USE & OTHER TAXES PAID

1. CASH - BEGINNING OF MONTH

2. CASH SALES3. ACCOUNTS RECEIVABLE COLLECTIONS

16. ENGINEERING

5. SALE OF ASSETS6. LEASE & RENTAL INCOME7. INTEREST EARNED ON ESCROW8. OTHER (ATTACH LIST)


Monthly Operating ReportCASH BASIS-1A

2020CASE NAME:

CASE NUMBER:

CASH DISBURSEMENTS DETAIL MONTH:

CASH DISBURSEMENTS DATE PAYEE PURPOSE AMOUNT

TOTAL CASH DISBURSEMENTS -$

BANK ACCOUNT DISBURSEMENTSCK# DATE PAYEE PURPOSE AMOUNT138 09/25/20 Cox Outdoors (800.00)$ 264 09/10/20 Kurtzman Carson Consultants Inc 32,665.34$ 265 09/10/20 Trigild Management Services, Inc 3,500.00$ 266 09/10/20 Red River Valley Rural Electric 68.96$ 267 09/10/20 Red River Valley Rural Electric 127.07$ 268 09/10/20 Eastcliffe Landscape Incorporated 1,800.00$ 269 09/14/20 Cox Outdoors 6,700.00$ 270 09/14/20 Mark Andrews & Company, Inc. 35,981.05$ 271 09/16/20 Vandalay Technology Services Inc 3,463.98$ 272 09/24/20 Consolidated R.W.D. #1 76.37$ 273 09/28/20 Ross & Smith, PC 88,292.35$ 274 09/28/20 Singer & Levick, P.C. 16,433.30$ 275 09/28/20 Thompson & Knight LLP 3,307.00$ 276 09/28/20 Trigild Inc 20,048.00$ 277 09/28/20 Trigild Holdings Inc 714.15$ 278 09/30/20 Cox Outdoors Reissue for Stale check #138 800.00$

09/15/20 Bank of Texas 376.70$

TOTAL BANK ACCOUNT DISBURSEMENTS 213,554.27$

TOTAL DISBURSEMENTS FOR THE MONTH 213,554.27$

Analysis Fee

SEPTEMBER


19-40426

Void Stale CheckProfessional FeeManagement FeeElectricElectricClean up

Professional FeeProfessional FeeExp Reimb

Brush mowing pastureTax ConsultingDiscovery Vandalay TechnologyWaterProfessional FeeProfessional Fee



CASE NAME:

CASE NUMBER:

BANK RECONCILIATIONS Acct #1 Acct #2 Acct #3 Acct #4 Acct #5 Acct #6 Acct #7

A. BANK: Bank

of Texas Bank

of Texas Bank

of Texas Bank

of Texas Bank

of Texas Bank

of Texas Bank

of Texas B. ACCOUNT NUMBER: 8097056797 8097056808 8097056819 8097056830 8097059261 8097061065 xx5817 TOTALC. PURPOSE (TYPE): Escrow Escrow Escrow Escrow Escrow Escrow Operations

1. BALANCE PER BANK STATEMENT 1,586,752.29$ 1,712,758.43$ 1,477,826.05$ 1,237,300.01$ 3,319,405.37$ 8,558,779.16$ 5,884,411.58$ 23,777,232.89$ 2. ADD: TOTAL DEPOSITS NOT CREDITED -$ -$ -$ -$ -$ -$ -$ -$ 3. SUBTRACT: OUTSTANDING CHECKS -$ -$ -$ -$ -$ -$ 89,092.35$ 89,092.35$ 4. OTHER RECONCILING ITEMS -$ -$ -$ -$ -$ -$ -$ -$ 5. MONTH END BALANCE PER BOOKS 1,586,752.29$ 1,712,758.43$ 1,477,826.05$ 1,237,300.01$ 3,319,405.37$ 8,558,779.16$ 5,795,319.23$ 23,688,140.54$ 6. NUMBER OF LAST CHECK WRITTEN 278

-$ INVESTMENT ACCOUNTS DATE OF TYPE OF PURCHASE PURCHASE CURRENT

BANK, ACCOUNT NAME & NUMBER PURCHASE INSTRUMENT PRICE PRICE VALUE

-$ -$ -$

CASH 12. CURRENCY ON HAND -$

13. TOTAL CASH - END OF MONTH 23,688,140.54$


19-40426

11. TOTAL INVESTMENTS

7.8.9.10.



CASE NAME:

CASE NUMBER:

ASSETS OF THE ESTATE

SCHEDULE "A" July August SeptemberREAL PROPERTY

18,500,000.00$ -$ -$ -$ 22,000,000.00$ 22,000,000.00$ 22,000,000.00$ 22,000,000.00$

5,200,000.00$ -$ -$ -$ 499,475.00$ -$ -$ -$ 384,750.00$ -$ -$ -$ 821,966.00$ -$ -$ -$ 293,809.00$ -$ -$ -$

4,500,000.00$ 4,500,000.00$ 4,500,000.00$ 4,500,000.00$ 4,500,000.00$ -$ -$ -$

56,700,000.00$ 26,500,000.00$ 26,500,000.00$ 26,500,000.00$ SCHEDULE "B"

PERSONAL PROPERTY-$ -$ -$ -$

6,836.74$ 24,009,751.05$ 23,883,442.13$ 23,688,140.54$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$

725,689.23$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$

14,500.00$ 14,500.00$ 14,500.00$ 14,500.00$ 300.00$ 300.00$ 300.00$ 300.00$

-$ -$ -$ -$ 17,000.00$ 17,000.00$ 17,000.00$ 17,000.00$

8,200.00$ 8,200.00$ 8,200.00$ 8,200.00$ 300,323.00$ 283,300.00$ 283,300.00$ 283,300.00$

2,000.00$ 2,000.00$ 2,000.00$ 2,000.00$ -$ -$ -$ -$

19,400.00$ 19,400.00$ 19,400.00$ 19,400.00$ 5,200.00$ 5,200.00$ 5,200.00$ 5,200.00$

43,690.32$ 2,000.00$ 2,000.00$ 2,000.00$ 1,143,139.29$ 24,361,651.05$ 24,235,342.13$ 24,040,040.54$

57,843,139.29$ 50,861,651.05$ 50,735,342.13$ 50,540,040.54$

SCHEDULE AMOUNT

1. Frisco Wade Crossing


19-40426

2. 1400 Coit Rd., McKinney, TX 750713. Land: SW Corner of Main & Majestic Gardens., Frisco, TX 75034

8. OTHER (ATTACH LIST)9. TOTAL REAL PROPERTY ASSETS

1. CASH ON HAND2. CHECKING, SAVINGS, ETC.3. SECURITY DEPOSITS4. HOUSEHOLD GOODS5. BOOKS, PICTURES, ART6. WEARING APPAREL7. FURS AND JEWELRY8. FIREARMS & SPORTS EQUIPMENT9. INSURANCE POLICIES10. ANNUITIES11. EDUCATION12. RETIREMENT & PROFIT SHARING13. STOCKS14. PARTNERSHIPS & JOINT VENTURES15. GOVERNMENT & CORPORATE BONDS16. ACCOUNTS RECEIVABLE17. ALIMONY18. OTHER LIQUIDATED DEBTS19. EQUITABLE INTERESTS20. CONTINGENT INTERESTS21. OTHER CLAIMS22. PATENTS & COPYRIGHTS23. LICENSES & FRANCHISES24. CUSTOMER LISTS25. AUTOS, TRUCKS & OTHER VEHICLES26. BOATS & MOTORS27. AIRCRAFT28. OFFICE EQUIPMENT

35. OTHER (ATTACH LIST)36. TOTAL PERSONAL PROPERTY ASSETS37. TOTAL ASSETS

29. MACHINERY, FIXTURES & EQUIPMENT30. INVENTORY31. ANIMALS32. CROPS33. FARMING EQUIPMENT34. FARM SUPPLIES

4. 1784 Hidalgo Lane, Frisco, TX 750345. 1756 Hidalgo Lane, Frisco, TX 750346. 1781 Cortland Drive, Frisco, TX 750347. 1786 Cortland, Frisco, TX 750348. Double Droptine Ranch, Duncan Road,. Ringling, OK 734569. 4009 Starling Drive,. Frisco, TX 75034



CASE NAME:

CASE NUMBER:

MONTH: SEPTEMBERLIABILITIES OF THE ESTATE

PREPETITION LIABILITIES PAYMENTS

1,250,000.00$

39,526,402.17$

40,776,402.17$ -$

POSTPETITION DATE AMOUNT DUE AMOUNTLIABILITIES INCURRED OWED DATE PAST DUE

-$ -$ OTHER POSTPETITION LIABILITIES INCLUDING TRADE CREDITORS (LIST NAMES OF CREDITORS)

09/30/20 4,875.00$ - -09/30/20 42,028.00$ - -09/30/20 3,500.00$ - -09/30/20 - -09/30/20 - -09/30/20 658.32$ - -

13. Professional Fees due to Ross & Smith, PC 09/30/20 258,359.14$ - -14. Professional Fees due to Singer & Levick, PC 09/30/20 42,756.71$ - -15. Professional Fees due to Thompson & Knight LLP 09/30/20 20,395.40$ - -16. Professional Fees due to KCC 09/30/20 54,292.12$ - -17. 18.

426,864.69$ -$ 426,864.69$ -$

SCHEDULE AMOUNT

1. SECURED2. PRIORITY3. UNSECURED


19-40426

4. OTHER (ATTACH LIST)5. TOTAL PREPETITION LIABILITIES

1. FEDERAL INCOME TAXES2. FICA/MEDICARE3. STATE TAXES4. REAL ESTATE TAXES5. OTHER TAXES (ATTACH LIST)6. TOTAL TAXES

7. US Trustee Fees8. Chapter 11 Appointed Trustee Professional Fees9. Trigild Asset Management Fees

11. Trigild Asset Management Fees10. Trigild Asset Management Fees

12. Reimbursables Due to Trigild

19. 20.21.22.23.

29. (IF ADDITIONAL ATTACH LIST)30. TOTAL OF LINES 7 - 2931. TOTAL POSTPETITION LIABILITIES

24.25.26.27.28.


Monthly Operating ReportCASH BASIS-4A

CASE NAME:

CASE NUMBER:

MONTH: SEPTEMBERACCOUNTS RECEIVABLE AGING

-$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$

AGING OF POSTPETITION TAXES AND PAYABLES 0 - 30 31-60 90+ Total

DAYS DAYS DAYS -$ -$ -$ -$

-$ -$ -$ -$

426,864.69$

STATUS OF POSTPETITION TAXES BEGINNING AMOUNT ENDING TAX WITHHELD AMOUNT TAXFEDERAL LIABILITY OR ACCRUED PAID LIABILITY

-$ -$ -$ -$ -$ -$

-$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$

-$ -$ -$ -$ -$ -$ -$ -$


19-40426

SCHEDULE AMOUNT

1. 0 - 302. 31 - 603. 61 - 904. 91 +5. TOTAL ACCOUNTS RECEIVABLE6. AMOUNT CONSIDERED UNCOLLECTIBLE7. ACCOUNTS RECEIVABLE (NET)

TAXES PAYABLE1. FEDERAL2. STATE3. LOCAL4. OTHER (ATTACH LIST)5. TOTAL TAXES PAYABLE

6. ACCOUNTS PAYABLE

11. UNEMPLOYMENT

1. WITHHOLDING2. FICA-EMPLOYEE3. FICA-EMPLOYER4. UNEMPLOYMENT5. INCOME6. OTHER (ATTACH LIST)

12. REAL PROPERTY13. PERSONAL PROPERTY14. OTHER (ATTACH LIST)15. TOTAL STATE & LOCAL16. TOTAL TAXES

7. TOTAL FEDERAL TAXESSTATE AND LOCAL8. WITHHOLDING9. SALES10. EXCISE



CASE NAME:

CASE NUMBER:MONTH: SEPTEMBER

PAYMENTS TO INSIDERS AND PROFESSIONALS

INSIDERSNAME TYPE OF PAYMENT AMOUNT PAID TTL PD TO DATE

N/AN/A N/AN/AN/ATOTAL PAYMENTS TO INSIDERS -$ -$

PROFESSIONALSDATE OF COURT ORDER AMOUNT AMOUNT TTL PAID TOTAL INCURRED

NAME AUTHORIZING PAYMENT APPROVED PAID TO DATE & UNPAID1. Singer & Levick Interim 317,099.00$ 16,433.30$ 274,342.29$ 42,756.71$ 2. Ross & Smith Interim 1,101,901.35$ 88,292.35$ 843,542.21$ 258,359.14$ 3. Thompson & Knight Interim 211,616.20$ 3,307.00$ 191,220.80$ 20,395.40$ 3. Trigild Inc. Interim 418,775.00$ 20,048.00$ 376,747.00$ 42,028.00$ 5.Winstead PC Interim 168,846.67$ -$ 168,846.67$ -$ 6. KCC Interim 158,607.46$ 32,665.34$ 104,315.34$ 54,292.12$ TOTAL PAYMENTS TO PROFESSIONALS 2,376,845.68$ 160,745.99$ 1,959,014.31$ 417,831.37$

POSTPETITION STATUS OF SECURED NOTES, LEASES PAYABLE AND ADEQUATE PROTECTION PAYMENTS

SCHEDULED AMOUNTS TOTALMONTHLY PAID UNPAID

NAME OF CREDITOR PAYMENTS DURING POST-DUE MONTH PETITION

-$ -$ -$


19-40426

4.5.6. TOTAL

1.2.3.



2020CASE NAME:

CASE NUMBER:MONTH:

QUESTIONNAIREYES NO

1.X

2.X

3.

X

4.X

5.X

6. X

7.X

8. X9. X

10.X

11.X

12. X

IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS "YES"; PROVIDE A DETAILEDEXPLANATION OF EACH ITEM. ATTACH ADDITIONAL SHEETS IF NECESSARY.

INSURANCEYES NO

1. X

2. X3.

IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS "NO" OR IF ANY POLICIES HAVE BEEN CANCELED OR NOT RENEWED DURING THIS REPORTING PERIOD, PROVIDE AN EXPLANATION BELOW. ATTACH ADDITIONAL SHEETS IF NECESSARY.

INSTALLMENT PAYMENTS

& FREQUENCYPERIOD

COVEREDCARRIER


19-40426

HAVE ANY POSTPETITION LOANS BEEN RECEIVED BY THEDEBTOR FROM ANY PARTY?

HAVE ANY PAYMENTS BEEN MADE ON PREPETITION LIABILITIESTHIS REPORTING PERIOD?

ARE ANY POSTPETITION RECEIVABLES (ACCOUNTS, NOTES ORLOANS) DUE FROM RELATED PARTIES?

HAVE ANY FUNDS BEEN DISBURSED FROM ANY ACCOUNTOTHER THAN A DEBTOR IN POSSESSION ACCOUNT?

HAVE ANY ASSETS BEEN SOLD OR TRANSFERRED OUTSIDETHE NORMAL COURSE OF BUSINESS THIS REPORTING PERIOD?

PAYMENT AMOUNT

SEPTEMBER

ARE ANY POSTPETITION STATE OR FEDERAL INCOME TAXESPAST DUE?

ARE ANY AMOUNTS OWED TO POSTPETITION CREDITORSDELINQUENT?

HAVE ANY PREPETITION TAXES BEEN PAID DURING THEREPORTING PERIOD?

ARE ANY POSTPETITION PAYROLL TAXES PAST DUE?

ARE ANY OTHER POSTPETITION TAXES PAST DUE?

ARE ANY WAGE PAYMENTS PAST DUE?

ARE WORKER'S COMPENSATION, GENERAL LIABILITY AND OTHERNECESSARY INSURANCE COVERAGES IN EFFECT?

ARE ALL PREMIUM PAYMENTS PAID CURRENT?PLEASE ITEMIZE POLICIES BELOW

TYPE OFPOLICY

ARE ANY POSTPETITION REAL ESTATE TAXES PAST DUE?


Monthly Operating ReportCASH BASIS-S1

CASE NAME:

CASE NUMBER:

Schedule "B" Personal Property

Amount Date

2,000.00

2,000.00


19-40426

Description

Football Collectibles



CASE NAME:

CASE NUMBER:

CASH BASIS-1 Receipts - Other

Amount Date

15,100.00 9/11/2020

15,100.00


19-40426

Description

Earnest Money



CASE NAME:

CASE NUMBER:

Calculation of US Trustee Fees

Disbursement Amount Intercompany Case. No.

US Trustee FeesQuarter 3 - 2019

565,993.94 CFO Management Holdings 4,875.00$

Grand Total 565,993.94 4,875.00


19-40426


Case 19-40426 Doc 595-1 Filed 10/20/20 Entered 10/20/20 22:48:45 Desc Account Statements Page 1 of 23

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