What is the RFA?
The Reserve Funding Analyzer is a Microsoft Excel-based application
that has been developed for HOAs and community associations to
perform financial analysis on the HOA expenses and develop a funding
plan to meet those expenses.
The RFA is used as a critical element in performing Reserve Study ...
either a full Reserve Study or an update to a Reserve Study.
The RFA is suitable for any size
organization and can be used as part of the development of a full
reserve study or an update to an existing reserve study.
How Does it Work?
The Reserve Funding Analyzer works like any MS Excel application.
The user enters data and the application calculates the outcome.
But with the RFA, you do not have to create the relationships. The
application has been developed for you with extensive built in
programming and very intuitive data input.
The key feature for
the user is the ability to quickly perform what-if analysis and
instantly see the results.
What is the Output?
The Reserve Funding Analyzer provides several tables, charts and
graphs. Once a funding plan is developed, the results are easily copied
to the report format of your choosing ... whether that is a MS Word-type
document or a presentation format document.
The RFA is a native
MS Excel workbook and as part of the MS Office family, you can take full
advantage of the features that are part of MS Office.