Balance Sheet
As of
Jun 30, 03 Jun 30, 02 $ Change
ASSETS
Current Assets
Checking/Savings
Cash in Bank 332,959.43 480,370.65 ‑147,411.22
Total Checking/Savings 332,959.43 480,370.65 ‑147,411.22
Other Current Assets
1203 · Year‑End Receivable 0.00 355.85 ‑355.85
1400 · Stock 0.00 946.80 ‑946.80
1201 · Accounts Receivable‑P/R 95.77 0.00 95.77
1202 ·
Total Other Current Assets 3,347.97 7,028.60 ‑3,680.63
Total Current Assets 336,307.40 487,399.25 ‑151,091.85
Other Assets
004009 · Equipment & Furnishings 560,708.66 550,835.73 9,872.93
004000 · Buildings &
Improvements 3,053,131.25 2,974,009.50 79,121.75
004014 · Land 2,458,880.00 2,458,880.00 0.00
004020 · Endowment Fund 20,364.13 20,259.69 104.44
Total Other Assets 6,093,084.04 6,003,984.92 89,099.12
TOTAL
ASSETS 6,429,391.44 6,491,384.17 ‑61,992.73
LIABILITIES
& EQUITY
Liabilities
Current Liabilities
Other Current Liabilities
101045 · Payroll Clearing 530.36 0.00 530.36
101046 · Deferred
Payroll 37,743.42 34,370.62 3,372.80
101047 · Continuing
Ed Carryover 2,375.00 2,600 00 ‑225.00
102100 · Workers
Comp accrued 13,438.00 12,944.00 494.00
2002 ·
Payroll Withholding 9,266.81 1,030.25 8,236.56
202020 · Note
Payable Cup Natl 0.00 123,750.00 ‑123,750.00
001000 · First
Mortgage ‑ AAL 355,650.51 373,930.09 ‑18,279.58
101015 · Church
Restricted Funds 118,536.75 78,236.33 40,300.42
201000 · School
Restricted Funds 95,863.18 131,471 84 ‑35,608.66
Total Other Current
Liabilities 633,404.03 758,333.13 ‑124,929.10
Total Current Liabilities 633,404.03 758,333.13 ‑124,929.10
Total Liabilities 633,404.03 758,333.13 ‑124,929.10
Equity
3000‑10 · Church Unrestricted Fund Balanc 46,933.82 79,045.31 ‑32,111.49
3000‑20 · School
Unrestricted Fund Balanc 11.620.06 23,950.90 ‑12,330.84
3000‑30 · Equity in Real
Property 5,717,069.40 5,609,795.14 107,274.26
3000‑40
· Endowment Fund Balance 20,364.13 20,259.69 104.44
3900 · Allocated Net Income 20,491.43 ‑50,572.79 71,064.22
Net Income ‑20,491.43 50,572.79 ‑71,064.22
Total Equity 5,795,987.41 5,733,051.04 62,936.37
TOTAL
LIABILITIES & EQUITY 6,429,391.44 6,491,384.17 ‑61,992.73
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