Page 70 - BOGManual_2022November_Neat

Judges and Lawyers Assistance Program, Inc.
Statement of Financial Position
As of August 31, 2022 and 2021

8/31/2022 8/31/2021
ASSETS
Current Assets
Bank Accounts
Whitney-checking $ 30,630 $ 18,650
Whitney - savings 589,808 506,071
Total Bank Accounts 620,438 524,721
Accounts Receivable
Accounts Receivable 7,475 9,231
Total Accounts Receivable 7,475 9,231
Other current assets
Prepaid Expenses 3,869 5,537
Total Prepaid Expenses 3,869 5,537
Security Deposits 2,250 2,250
Total Other current assets 6,119 7,787
Total Current Assets 634,032 541,740
Fixed Assets
Accumulated Depreciation (30,219) (30,219)
Furniture 30,219 30,219
Total Fixed Assets - -
TOTAL ASSETS $ 634,032 $ 541,740
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts Payable
20000 Accounts Payable $ - $ 185
Total Accounts Payable - 185
Credit Cards
Whitney Credit Card 2,657 3,017
Total Credit Cards 2,657 3,017
Other Current Liabilities
24000 Payroll Liabilities
401K Liability 10,998 12,965
Medical Withheld - -
Total 24000 Payroll Liabilities 10,998 12,965
Accrued payroll and related exp 9,214 9,419
Total Other Current Liabilities 20,212 22,384
Total Current Liabilities 22,869 25,586
Total Liabilities 22,869 25,586
Equity
30000 Opening Balance Equity 179,760 179,760
32000 Retained Earnings 401,839 319,831
Net Revenue 29,564 16,563
Total Equity 611,163 516,154
TOTAL LIABILITIES AND EQUITY $ 634,032 $ 541,740

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