Page 7 - Anthem House Academic Year 2021-22 Quarter 2
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Anthem House Gainesville Properties III, LLC
Balance Sheet
Managed by RISE Residential
As of January 31, 2022
ASSETS
CURRENT ASSETS
CASH
Utility Bond 202
Petty Cash 1,500
Cash -Project Account 75,211
Cash - Operating 510,537
Cash-Security Deposits Local 3,964
TOTAL CASH 591,414
OTHER CURRENT ASSETS
A/R Tenant 32,349
Prepaid Expenditures 2,436
Prepaid Property/GL Insurance 30,155
Prepaid-Other 25,000
Insurance Escrow 53,171
Property Tax Escrow 22,648
TOTAL OTHER CURRENT ASSETS 165,759
TOTAL CURRENT ASSETS 757,173
FIXED ASSETS
Land 1,245,000
FF&E - First Year 553,273
Building-First Year 18,651,711
TOTAL FIXED ASSETS 20,449,984
ACCUM DEPRECIATION & AMORTIZATION
Accum Depreciation-Building (256,858)
Accum Depr - FF&E (44,416)
Accumulated Amortization (29,840)
TOTAL ACCUM DEPRECIATION & AMORTIZATION (331,114)
OTHER ASSETS
Loan/Closing Costs 214,847
TOTAL OTHER ASSETS 214,847
TOTAL ASSETS 21,090,890
Statements Internally Generated and Unaudited Page 1
