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06 - Boards & Commissions - Minutes & Reports
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06 - Boards & Commissions - Minutes & Reports
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Love Civic Center <br />Statement of Assets, Liabilities and Net Assets <br />Modified Cash Basis <br />June 30, 2024 <br />ASSETS <br />Love Civic Center <br />$ 418,456.23 <br />Reserved for Construction <br />136,825.71 <br />Signage <br />62,725.00 <br />Red River Credit CD 332 <br />107,343.53 <br />Liberty CD 59873 <br />33,933.92 <br />Liberty CD 6238 <br />51,253.42 <br />FF Money Market 37109 <br />99,230.75 <br />Farmers CD 0085 <br />149,010.12 <br />Farmers CD 0144 <br />50,207.66 <br />Total Current Assets 1„108986.34 <br />Other Assets <br />Returned Checks Receivable 660.00 <br />Due From VCC 2,665.15 <br />Total Other Assets 3„325.15 <br />Total Assets $ 1,112,311.49 <br />LIABILITIES AND NET ASSETS <br />Current Liabilities <br />Due to COC $ 112.65 <br />Payroll Liabilities1 ,404.96 <br />Total Current Liabilities 1,517.61 <br />NET ASSETS <br />Retained Earnings 963,959.08 <br />Net Income (Loss) 146,834.80 <br />Total Net Assets 1,110,793.88 <br />Total Liabilities and Net Assets $ 1,112,311.49 <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 assurancc is provided <br />
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