Balance Sheet 12/31/2018 unaudited
ASSETS | ||
Current Assets | ||
KZYX Checking | $ 29,045 | |
KZYX Concert Checking | $ 5,492 | |
Pledges Receivable | $ 40,486 | |
Grants Receivable | $ 2,050 | |
Underwriting-Events Receivable | $ 6,003 | |
Allowance- Uncollectable Accts | ($ 59) | |
Prepaid Expenses | $ 24,950 | |
Prepaid Trades | $ 9,277 | |
Prepaid Insurance | $ 4,137 | |
Total Current Assets | $ 121,380 | |
Property and Equipment | ||
Broadcast Equipment | $ 272,071 | |
Leasehold Improvements | $ 34,765 | |
Library of Recorded Material | $ 119,898 | |
Office Equipment Over 3K | $ 5,812 | |
Station License | $ 2,239 | |
Accumulated Amortization | ($ 1,120) | |
Accumulated Depreciation | ($ 388,317) | |
Total Property and Equipment | $ 45,348 | |
Other Assets | ||
Deposits | $ 1,672 | |
Total Other Assets | $ 1,672 | |
Total Assets | $ 168,400 | |
LIABILITIES AND CAPITAL | ||
Current Liabilities | ||
Accounts Payable | $ 169,643 | |
Accrued Employee Benefits | $ 5,797 | |
Unearned Underwriting | $ 450 | |
Unearned Underwriting Trades | $ 9,277 | |
Unearned/ Restricted Donations | $ 32,978 | |
California Humanities Grant | $ 4,090 | |
News Reporter Staffing | $ 10,000 | |
Total Current Liabilities | $ 232,235 | |
Long-Term Liabilities | ||
Total Long-Term Liabilities | $ 0 | |
Total Liabilities | $ 232,235 | |
Capital | ||
Retained Earnings | ($ 42,626) | |
Net Income | ($ 21,208) | |
Total Capital | ($ 63,835) | |
Total Liabilities & Capital | $ 168,400 |