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06 - Reports & Minutes - Boards & Commissions
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06 - Reports & Minutes - Boards & Commissions
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Love Civic Center <br />Statement of Assets, Liabilities and Net Assets <br />Modified Cash Basis <br />August 31, 2021 <br />ASSETS <br />Love Civic Center <br />$ 181,029.36 <br />Reserved for Construction <br />211,500.00 <br />Red River Credit CD <br />100,000.00 <br />Liberty CD 59873 <br />32,763.62 <br />FF Money Market 37109 <br />111,103.92 <br />Farmers Bank CD <br />14000000 <br />Total Current Assets <br />776,396.90 <br />Due From VCC <br />126 084.51 <br />Total Other Assets <br />126,084.61 <br />Total Assets <br />$_ 902,481.41_ <br />LIABILITIES AND NET ASSETS <br />Current Liabilities <br />Due to COC $ 318.52 <br />Payroll Liabilities 1 055.06 <br />Total Current Liabilities _ 1,373.57 <br />NET ASSETS <br />Retained Earnings 646,863.23 <br />Net Income 254,244.61 <br />Total Net Assets 901,107.84 <br />Total Liabilities and Net Assets 902,481A1 <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 modified cash basis of <br />accounting are omitted and no assurance is provided <br />
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