2022 Ruritan Annual Report

Balance Sheet

ASSETS

LIABILITIES & EQUITY

Current Assets

Liabilities

Checking/Savings Accounts

Accounts Payable

BB&T Payroll

$3,446.09

Accounts Payable

$37,211.32

BB&T Operating

$104,573.86

Credit Card

$12,597.39

BB&T Capital Replacement

$10,287.43

Dues Refund Payable

$1,930.38

BB&T Operating Reserves

$682.97

Total Accounts Payable

$51,739.09

BB&T Convention

$12,913.18

Other Current Liabilities

BB&T Convention Reserves

$1,002.02

Deferred Registration

$8,610.00

Investment Accounts

Deferred Banquet

$4,880.00

Operating Reserves Cash

$11,362.45

Deferred Membership Dues

$31,018.45

Operating Reserves

-$81,917.30

Accrued Payroll

$15,293.86

Ruritan Forever Reserves

$665,400.00

Accrued Vacation

$13,343.84

Capital Replacement Reserves

$200,000.00

Accrued Employee Retirement

$6,493.97

Total Checking/Savings

$927,750.70

Deferred Income-Convention

$2,465.00

Accounts Receivable

Deferred Expense-Convention

-$15,214.09

Accounts Receivable-Clubs

$90,962.75

Reserve for Uncollected Dues

$20,000.00

Accounts Receivable-Miscellaneous

$4,365.28

Total Other Current Liabilities

$86,891.03

Total Accounts Receivable

$95,328.03

Total Current Liabilities

$138,630.12

Other Current Assets

Equity

Prepaid Insurance

$16,026.88

Temp Restricted Net Assets

$7,165.43

Merchandise Inventory

$51,018.85

Unrestricted Net Assets

$662,949.41

Total Other Current Assets

$67,045.73

Permanently Restricted

$546,175.00

Total Current Assets

$1,090,124.46

Unrealized Gain/Loss on Investments -$117,769.32

Fixed Assets

Net Income

$15,938.59

Furniture and Fixtures

$22,896.31

Total Equity

$1,114,459.11

Accum Deprec/Furn&Fixtures

-$17,938.40

TOTAL LIABILITIES & EQUITY

$1,253,089.23

Office Equipment

$124,412.14

Accumulated Deprec/Office

-$116,454.90

Building

$340,320.50

Accumulated Deprec/Building

-$221,330.56

Land

$31,059.68

Total Fixed Assets

$162,964.77

TOTAL ASSETS

$1,253,089.23

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