Ruritan National Annural Report

Balance Sheet

ASSETS

LIABILITIES & EQUITY

Current Assets

Liabilities

Checking/Savings Accounts

Accounts Payable

Truist Payroll

$16,952.15

Accounts Payable

$13,064.73

Truist Operating

$111,572.86

Credit Card

$5,249.51

Truist Capital Replacement

$24,815.62

Dues Refund Payable

$23,126.03

Total Accounts Payable Other Current Liabilities

$41,440.27

Truist Convention

$53,148.30

Truist Convention Reserves

$1,002.38

Wells Fargo Money Market

$106,508.14

Deferred Registration

$10,821.00

Investment Accounts

Deferred Banquet

$4,200.00

Operating Reserves

$345,245.18

Accrued Payroll Taxes

$1,451.55

Ruritan Forever Reserves

$872,296.07 $200,000.00

Deferred Membership Dues

$27,358.65

Capital Replacement Reserves

FICA Taxes Withheld

-$0.01

Total Checking/Savings Accounts Receivable Accounts Receivable-Clubs

$1,731,540.70

Federal Income Taxes Withheld

$50.00

Stare Income Taxes Withheld

$52.33

$40,075.87

Accrued Payroll

$18,974.50

Total Accounts Receivable

$40,075.87

Accrued Vacation

$37,687.88

Other Current Assets

Deferred Income-Convention

$6,276.71

Total Other Current Liabilities

$106,872.61

Prepaid Insurance

$29,451.34

Total Current Liabilities

$148,312.88

Merchandise Inventory

$41,525.30

Equity

Deferred Income-Convention

$1,468.40

Deferred Expense-Convention Reserve for Uncollected Dues

$494.35

Unrestricted Net Assets

$1,004,876.99

-$20,000.00

Restricted Net Assets

$881,186.47

Total Other Current Assets

$52,939.39

Convention Gain/Loss*

-$45,831.52

Total Current Assets

$1,824,555.96

Total Equity

$1,840,231.94

Fixed Assets

TOTAL LIABILITIES & EQUITY

$1,988,544.82

Furniture and Fixtures

$24,503.79

Accum Deprec/Furn&Fixtures

-$21,521.29

Office Equipment

$78,991.22

MMS

$21,138.75

Accumulated Deprec/Office

-$70,425.11

Building

$342,873.63

Accumulated Deprec/Building

-$242,631.81

Land

$31,059.68

Total Fixed Assets

$163,988.86

TOTAL ASSETS

$1,988,544.82

11

Ruritan National 2025 Annual Report