LTC Annual Reports Annual Report 2013 - Page 8

Statement of Financial Posi on  (as of December 31, 2013)  LIABILITIES & EQUITY Dec 31, 13 Liabilities Current Liabilities ASSETS Accounts Payable 20000 · Accounts Payable Current Assets Checking/Savings 11000 · Operating Chg Provident 9105 11005 · PNC Operating Account 11006 · PNC - Grant Account Total Checking/Savings Total Current Assets 20001 · MD Uninsured Employers' Fund Total 20000 · Accounts Payable 188.34 449.90 1,932.70 2,570.94 Total Accounts Payable 2,570.94 22121 · Capitol One - 4588 -5,632.88 Total Credit Cards -6,920.22 Other Current Liabilities 22120 · Capital One 4588 15000 · Furniture and Equipment 15005 · Accum Dep'n - Furn & Fixt 15000 · Furniture and Equipment - Other Total 15000 · Furniture and Equipment 14000 · Building & Improvements Total Fixed Assets -111.59 -111.59 Credit Cards Fixed Assets 14005 · Accum Dep'n Building -111.59 7,526.55 23000 · Accrued Expenses 23500 · Deferred Revenue 606.33 Total Other Current Liabilities 593,961.59 Total Current Liabilities 588,935.04 11,261.62 11,261.62 5.00 3,500.00 54,403.79 57,908.79 69,058.82 Long Term Liabilities 27501 · Vaile Leonard Loan 591,505.98 TOTAL ASSETS Total Long Term Liabilities LIABILITIES & EQUITY Liabilitie s Total Liabilities Net Income Accounts Payable 30000 · Opening Balance Equity 20000 · Accounts Payable Total 20000 · Accounts Payable -111.59 -111.59 31500 · Temp. Restricted Net Assets 32000 · Unrestricted Net Assets Total Equity Total Accounts Payable 100,000.00 103,990.00 173,048.82 Equity Current Liabilities 20001 · MD Uninsured Employers' Fund 27500 · Loan Payable - LT 3,990.00 -4,111.68 -636.07 54,403.79 368,801.12 418,457.16 -111.59 TOTAL LIABILITIES & EQUITY 591,505.98 8