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06 - Boards & Commissions - Reports & Minutes
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06 - Boards & Commissions - Reports & Minutes
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Love Civic Center <br />Statement of Assets, Liabilities and Net Assets <br />Modified Cash Basis <br />December 31, 2022 <br />ASSETS <br />Love Civic Center <br />$ 171,707.79 <br />Reserved for Construction <br />293,911,17 <br />Red River Credit CD 332 <br />100,353.09 <br />Liberty CD 59873 <br />32,844.45 <br />FF Money Market 37109 <br />111,869.45 <br />FBT CD 6704863 <br />141,183.13 <br />Total Current Assets 851,869.08 <br />Due From VCC 126,037.23 <br />Total Other Assets 126,037.23 <br />Total Assets $ 977;906.31 <br />LIABILITIES AND NET ASSETS <br />Current Liabilities <br />Due to COC $ 112.65 <br />Due to VCC 215.00 <br />Payroll Liabilities 1.990.96 <br />Total Current Liabilities 2,318.61 <br />NET ASSETS <br />Retained Earnings 1,012,160.19 <br />Net Income 36 572 <br />Total Net Assets 975,587.70 <br />Total Liabilities .. . <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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