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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 />January 31, 2022 <br />ASSETS <br />Love Civic Center <br />$ 134,066.07 <br />Reserved for Construction <br />361,600.00 <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 880,385.94 <br />Due From VCC <br />Total Other Assets 4,144.29 <br />Total Assets $ 884.530.23 <br />LIA131LITIES AND NET ASSETS <br />Current Liabilities <br />Due to COC $ 112.65 <br />Payroll Liabilities _ 1,502.16 <br />Total Current Liabilities — 1,614.81 <br />NET ASSETS <br />Retained Earnings 853,370.96 <br />Net Income ... 29,544.46 <br />Total Net Assets 88291542 <br />Total Liabilities and Net Assets $ 884,530.23 <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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