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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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Love Civic Center <br />Statement of Assets, Liabilities and Net Assets <br />Modified Cash Basis <br />December 31, 2023 <br />ASSETS <br />126„845.10 <br />Love Civic Center <br />$ 167,777.37 <br />Reserved for Construction <br />136,825.71 <br />Deposit on Signage <br />61,025:00 <br />Red Rimer Credit CD 332 <br />102,824.08 <br />Liberty CD 5987$ <br />33,536.99 <br />Liberty CD 6238 <br />50,000.00 <br />Farmer's CD 0144 <br />50,207.66 <br />FF Money Market 37109 <br />98,637.77 <br />FBT CD 6704863 <br />141.183.13 <br />Total Current Assets 842,017.71 <br />Due From VCC <br />126„845.10 <br />Total Other Assets <br />126,845.10 <br />Total Assets <br />$ 968,862.81 <br />LIABILITIES AND NET ASSETS <br />Current Liabilities <br />Credit Card Payable $ 1,446,98 <br />Due to COC 25,149.65 <br />Payroll Liabilities 2,003.43 <br />Total Current Liabilities 281600.06 <br />NET ASSETS <br />Retained Earnings 963,959.08 <br />Net Income (Loss) (23,696.33 <br />Total Net Assets 940,262.75 <br />Total Liabilities and Net Assets $ 968,862.81 <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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