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06 - Boards and Comimissions - Reports & Minutes
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06 - Boards and Comimissions - Reports & Minutes
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Love Civic Center <br />Statement of Assets, Liabilities and Net Assets <br />Modified Cash Basis <br />January 31, 2020 <br />ASSETS <br />CURRENT ASSETS <br />Love Civic Center <br />$ 318,812.36 <br />Reserved for Construction <br />225,000.00 <br />Returned Checks Receivable <br />360.00 <br />Liberty CD 59873 <br />32,505.59 <br />Due From VCC <br />2,953.65 <br />Due from Others <br />_..„_ 32.82 <br />Total Current Assets <br />579.885,42 <br />Total Assets <br />$ 579,665.42 <br />LIABILITIES AND NET ASSETS <br />CURRENT LIABILITIES <br />Due to COC $ 74.00 <br />Payroll Liabilities 1,028,45 <br />Total Current Liabilities 1,102.45 <br />NET ASSETS <br />Retained Earnings 530,494.45 <br />Net Income 48,068.52 <br />Total Net Assets 578,562.97 <br />Total Liabilities and Net Assets $ 579,665.42 <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 aro omitted and no assurance is provided <br />
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