Dec 31, 04 Jun 30, 04 $ Change
ASSETS
Current Assets
Checking/Savings
Cash in Bank 184,760.18 285,938.03 -101,177.85
Total Checking/Savings 184,760.18 285,938.03 -101,177.85
Accounts Receivable
1200 · Accounts Receivable 15,448.83 0.00 15,448.83
Total Accounts Receivable 15,448.83 0.00 15,448.83
Other Current Assets
1202 · Accounts Receivable School 4,980.43 6,211.15 -1,230.72
Total Other Current Assets 4,980.43 6,211.15 -1,230.72
Total Current Assets 205,189.44 292,149.18 -86,959.74
Other Assets
004009 · Equipment & Furnishings 573,918.36 573,918.36 0.00
004000 · Buildings & Improvements 3,475,652.29 3,475,652.29 0.00
004014 · Land 2,458,880.00 2,458,880.00 0.00
004020 · Endowment Fund 124,707.68 124,550.67 157.01
Total Other Assets 6,633,158.33 6,633,001.32 157.01
TOTAL ASSETS 6,838,347.77 6,925,150.50 -86,802.73
LIABILITIES & EQUITY
Liabilities
Current Liabilities
Accounts Payable
2000 · Accounts Payable 2,801.81 -36.12 2,837.93
Total Accounts Payable 2,801.81 -36.12 2,837.93
Credit Cards
2001-06 · MBNA Credit Card 33.63 0.00 33.63
2001-04 · Capital One -935.96 0.00 -935.96
Total Credit Cards -902.33 0.00 -902.33
Other Current Liabilities
102101 · Prior year carryforward 0.00 832.19 -832.19
101045 · Payroll Clearing 0.00 -221.51 221.51
101046 · Deferred Payroll 18,471.66 37,852.67 -19,381.01
101047 · Continuing Ed Carryover 1,270.70 1,982.92 -712.22
102100 · Workers Comp accrued 10,213.85 5,203.00 5,010.85
2002 · Payroll Withholding-Church 49.11 228.98 -179.87
2003 · Payroll Withholding-School 155.81 0.00 155.81
001000 · First Mortgage - AAL 732,397.70 737,423.39 -5,025.69
101015 · Church Restricted Funds 68,574.14 101,557.98 -32,983.84
201000 · School Restricted Funds -139,059.99 88,283.70 -227,343.69
Total Other Current Liabilities 692,072.98 973,143.32 -281,070.34
Total Current Liabilities 693,972.46 973,107.20 -279,134.74
Total Liabilities 693,972.46 973,107.20 -279,134.74
Equity
3000-10 · Church Unrestricted Fund Balanc 48,960.42 48,960.42 0.00
3000-20 · School Unrestricted Fund Balanc 7,504.95 7,504.95 0.00
3000-30 · Equity in Real Property 5,776,052.95 5,771,027.26 5,025.69
3000-40 · Endowment Fund Balance 124,707.68 124,550.67 157.01
3900 · Allocated Net Income 0.00 5,099.84 -5,099.84
Net Income 187,149.31 -5,099.84 192,249.15
Total Equity 6,144,375.31 5,952,043.30 192,332.01
TOTAL LIABILITIES & EQUITY 6,838,347.77 6,925,150.50 -86,802.73