| Junior League of
Rockford Financial Statement |
|
Financial Statement May 31, 2005
Assets
| Current Assets: |
|
| Cash and cash equivalents |
$168,391 |
| Investment securities |
$86,770 |
| Accounts receivable |
$6,671 |
| Inventory - cookbook |
$13,737 |
| Prepaid expense |
$300 |
| Total Current Assets |
$275,869 |
| Property and equipment |
$25,528 |
| Total Assets |
$301,397 |
Liabilities
Current Liabilities:
| Accounts payable |
$44,994 |
| Accrued expenses |
$1,448 |
| Deferred membership dues |
$20,243 |
| Total Liabilities |
$66,685 |
Net Assets
Unrestricted:
| Designated for capital and emergency expenditures |
$1,500 |
| Designated for promotional video |
$216 |
| Designated for Endowment purposes |
$5,000 |
| Investment in land, building, and equipment |
$25,528 |
| Undesignated |
$198,497 |
| Permanently restricted - endowment funds |
$3,971 |
| Total Net Assets |
$301,397 |
|
