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~ <br />~ Children`s Advocacy Center of Paris <br />Notes to Financial StLterr;ents (continuedi <br />December 2007 <br />t <br />' Note E: !\!otes Payable and Long-Term Debt <br />The following is a summary of long-term ci-;;t a; December 31, 2007: <br />~-~0°o note payable to Guaranty Bond 8an!<, secured by reai property. <br />°ayments af principal and interes± are duc ,,orthiy through March 2, 2009, ~ <br />_5 4 <br />A, r.ticipated maturi?ies of the note for the years ending Qecember 31 are as tofiov:;s: <br />~ 2008 $3,270 <br />2009 1,194 <br />4,464 <br />~ The Center also has an avaiiable line of credit vuiith Lamar National Bank in the amount of <br />$10,000. At December 31, 2007; the center nad a balanced owed of $10,000 on that iine <br />of credit. <br />~ Ncte F: Resirictions on Assets <br />fn „anuary of 2001, the Center started the Rainbaw Room to provide emergency resources <br />~ to the children involved with foster care, child protective services or law enforcement. The <br />Center received donations to stock this room. During the year ended December 31, 2007, <br />$2,285 was received in donations specific to the room. <br />~ There were no permanently restricted net assets as of December 31, 2007. <br />0 <br />. 000073 <br />