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06 - Board Minutes & Reports
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2024
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01 - JANUARY
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01-22-2024
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06 - Board Minutes & Reports
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Paris Visitor & Convention Council <br />Statement of Assets, liabilities and Net Assets <br />Modified Cash Basis <br />December 31, 2023 <br />ASSETS <br />CURRENT ASSETS <br />HOT Checking <br />$ 301,934.79 <br />Not HOT Checking <br />239,861.98 <br />Liberty MM 5269 <br />218,543.58 <br />First Federal CD 8703 -NH <br />50,000.00 <br />Credit Union of Texas 6406- NH <br />50,197.28 <br />LNB CD 25490 <br />52,238.30 <br />Total Current Assets <br />912„775.93 <br />OTHER ASSETS. <br />733,596.78 <br />Due From COC <br />784.61 <br />Total Other Assets <br />784.61 <br />Total Assets <br />—9131.560.6„1 <br />LIABILITIES AND NET ASSETS <br />CURRENT LIABILITIES <br />Credit Card Payable <br />$ 1,273,92 <br />Due to COC <br />14,538.65 <br />Due to LCC <br />126,845.10. <br />Payroll Liabilities <br />1,004.66 <br />Sales Tax Payable <br />139.80 <br />Total Current Liabilities <br />143,802.13 <br />NET ASSETS <br />Retained Earnings <br />733,596.78 <br />Net Income <br />36„161.63 <br />Total Net Assets <br />7 <br />Total Liabilities and Net Assets <br />$ 913„560.54 <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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