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Agenda Packet
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07-28-2025
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Agenda Packet
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7/24/2025 11:45:12 AM
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7/24/2025 11:43:08 AM
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Love Civic Center <br />Statement of Assets, Liabilities and Net Assets <br />Modified Cash Basis <br />April 30, 2025 <br />ASSETS <br />Love Civic Center <br />$ 373,296.03 <br />Reserved for Construction <br />131,310.05 <br />Credit Union of Texas CD 1001 <br />136,140.84 <br />Red River Credit CD 332 <br />108,681.99 <br />Liberty CD 59873 <br />34,335.55 <br />Liberty CD 6238 <br />52,538.27 <br />FF Money Market 37109 <br />99,797.84 <br />Farmers CD 0085 <br />150,840.71 <br />Farmers CD 0144 <br />52,215.73 <br />Total Current Assets 1 139,157.01 <br />Fixed Assets <br />Signage �wwwwW _62,725.00 <br />Total Fixed Asset 62,725.00 <br />Other Assets <br />Due From VCC 3,043.41 <br />Total Other Assets 3,043.41 <br />Total Assets $ 1,204,925.42 <br />LIABILITIES AND NET ASSETS <br />Current Liabilities <br />Due to COC $ 495.34 <br />Payroll Liabilities 1,659.94 <br />Total Current Liabilities 2,155.28 <br />NET ASSETS <br />Retained Earrings <br />1,158,209.51 <br />Net Income (Loss) <br />44,560.63 <br />Total Net Assets <br />1,202 770,14 <br />Total Liabilities and Net Assets <br />$ 1,204,925.42 <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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