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Agenda Packet
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Agenda Packet
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5/6/2022 3:04:28 PM
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Love Civic Center <br />Statement of Assets, Liabilities and Net Assets <br />Modified Cash Basis <br />February 28, 2022 <br />ASSETS <br />Love Civic Center <br />$ 123,249.35 <br />Reserved for Construction <br />361,500.00 <br />Red River Credit CD 332 <br />100,353.09 <br />Liberty CD 59873 <br />32,804.01 <br />FF Money Market 37109 <br />111,662.77 <br />Farmers Bank CD <br />_ 140,000.00 <br />Total Current Assets <br />869 669.22 <br />Due from Others <br />74.00 <br />Due From VCC <br />102,386.fi0 <br />Total Other Assets <br />102,460.60 <br />Total Assets <br />$972,029.82 <br />LIABILITIES AND NET ASSETS <br />Current Liabilities <br />Due to COC $ 80.61 <br />Payroll Liabilities 749.69 <br />Total Current Liabilities 830.30 <br />NET ASSETS <br />Retained Earnings 853,370.96 <br />Net Income 117,828.56 <br />Total Net Assets 971,199.52 <br />Total Liabilities and Net Assets $ 97 2029.82 <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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