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Love Civic Center <br />Statement of Assets, Liabilities and Net Assets <br />Modified Cash Basis <br />July 31, 2019 <br />ASSETS <br />CURRENT ASSETS <br />Love Civic Center <br />$ 276,571.11 <br />Reserved for Construction <br />325,000.00 <br />Returned Checks Receivable <br />350.00 <br />Liberty CD 59873 <br />32,347.07 <br />Due From VCC <br />5,638.14 <br />Due from Others <br />32.82 <br />Total Current Assets <br />63 48.14 <br />Total Assets <br />639,949.14 <br />LIABILITIES AND NET ASSETS <br />CURRENT LIABILITIES <br />Due to COC <br />$ 74.00 <br />Payroll Liabilities <br />1,045,34 <br />GBB Renovation Loan <br />39,931.81 <br />LNB Renovation Loan <br />40,152.89 <br />Total Current Liabilities <br />81,204.04 <br />NET ASSETS <br />Retained Earnings <br />417,525.43 <br />Net Income <br />141,219.67 <br />Total Net Assets <br />558,745.10 <br />Total Liabilities and Net Assets <br />$ 639,949.14 <br />Financial statement preparation service provided by Malnory, McNeal & Company PC, CPAs in accordance with professional standards issued <br />by the AICPA, substantially all disclosures ordinarily included in financial statements prepared in accordance with the income tax basis of <br />accounting are omitted and no assurance is provided <br />