| Junior League of
Rockford Financial Statement |
|
Financial Statement May 31, 2008
Assets
| Current Assets: |
|
| Cash and cash equivalents |
$123,703 |
| Investment securities |
$93,997 |
| Accounts receivable |
$6,284 |
| Inventory - cookbook |
$2,638 |
| Prepaid expense |
$767 |
| Total Current Assets |
$227,389 |
| Investment securities-restricted ordesignated for long-term purposes |
$34,365 |
| Property and equipment |
$24,351 |
| Total Assets |
$286,105 |
Liabilities
Current Liabilities:
| Accounts payable |
$9,429 |
| Accrued expenses |
$3,278 |
| Deferred membership dues |
$17,510 |
| Total Liabilities |
$30,217 |
Net Assets
Unrestricted:
| Designated for capital and emergency expenditures |
$1,500 |
| Designated for Endowment purposes |
$12,000 |
| Investment in land, building, and equipment |
$24,351 |
| Undesignated |
$197,172 |
| Permanently restricted - endowment funds |
$20,865 |
| Total Net Assets |
$255,888 |
|