| Dec 31, 22 | Dec 31, 21 | $ Change | % Change | ||||||||||
| ASSETS | |||||||||||||
| Current Assets | |||||||||||||
| Checking/Savings | |||||||||||||
| 1000 · Lake Trust Checking 7760 | 20,619.75 | 33,315.71 | -12,695.96 | -38.11% | |||||||||
| 1010 · Lake Trust Savings 7750 | 20,024.14 | 20,014.14 | 10.00 | 0.05% | |||||||||
| 1015 · SEF Bank Account | 1,336.33 | 2,538.16 | -1,201.83 | -47.35% | |||||||||
| 1020 · Petty Cash | 182.82 | 79.70 | 103.12 | 129.39% | |||||||||
| 1025 · Bookstore Cash Box | 30.00 | 30.00 | 0.00 | 0.0% | |||||||||
| 1030 · Reserved Funds (Money Mkt) 1620 | |||||||||||||
| 1034 · Reserved Kitchen Improvement | 584.24 | 0.00 | 584.24 | 100.0% | |||||||||
| 1032 · Operational Reserves | 121,381.35 | 123,381.35 | -2,000.00 | -1.62% | |||||||||
| 1030 · Reserved Funds (Money Mkt) Renos | 43,524.35 | 30,363.76 | 13,160.59 | 43.34% | |||||||||
| Total 1030 · Reserved Funds (Money Mkt) 1620 | 165,489.94 | 153,745.11 | 11,744.83 | 7.64% | |||||||||
| Total Checking/Savings | 207,682.98 | 209,722.82 | -2,039.84 | -0.97% | |||||||||
| Other Current Assets | |||||||||||||
| 12000 · Undeposited Funds | 875.00 | 20.00 | 855.00 | 4,275.0% | |||||||||
| Total Other Current Assets | 875.00 | 20.00 | 855.00 | 4,275.0% | |||||||||
| Total Current Assets | 208,557.98 | 209,742.82 | -1,184.84 | -0.57% | |||||||||
| Fixed Assets | |||||||||||||
| 1600 · Real Estate | |||||||||||||
| 1630 · 2395 Washington Rd | 582,410.00 | 582,410.00 | 0.00 | 0.0% | |||||||||
| 1620 · Holmes Street Property | 0.00 | 99.00 | -99.00 | -100.0% | |||||||||
| Total 1600 · Real Estate | 582,410.00 | 582,509.00 | -99.00 | -0.02% | |||||||||
| 1900 · Accumulated Depreciation | 0.00 | -44.18 | 44.18 | 100.0% | |||||||||
| Total Fixed Assets | 582,410.00 | 582,464.82 | -54.82 | -0.01% | |||||||||
| TOTAL ASSETS | 790,967.98 | 792,207.64 | -1,239.66 | -0.16% | |||||||||
| LIABILITIES & EQUITY | |||||||||||||
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Other Current Liabilities | |||||||||||||
| 2200 · Other Current Liabilites | |||||||||||||
| 2210 · Kitchen Improvement Fund | 684.74 | 0.00 | 684.74 | 100.0% | |||||||||
| Total 2200 · Other Current Liabilites | 684.74 | 0.00 | 684.74 | 100.0% | |||||||||
| 2000 · Accounts Payable | |||||||||||||
| 2035 · Payroll Liabilities | |||||||||||||
| 2040 · Federal Withholding Payable | 526.00 | 309.00 | 217.00 | 70.23% | |||||||||
| 2041 · Medicare Payable | 293.02 | 204.18 | 88.84 | 43.51% | |||||||||
| 2042 · Social Security Payable | 1,253.00 | 872.96 | 380.04 | 43.54% | |||||||||
| 2050 · Lansing Withholding | 61.80 | 36.48 | 25.32 | 69.41% | |||||||||
| 2060 · State Withholding Payable | 580.12 | 458.36 | 121.76 | 26.56% | |||||||||
| 2035 · Payroll Liabilities - Other | 0.00 | 26.94 | -26.94 | -100.0% | |||||||||
| Total 2035 · Payroll Liabilities | 2,713.94 | 1,907.92 | 806.02 | 42.25% | |||||||||
| Total 2000 · Accounts Payable | 2,713.94 | 1,907.92 | 806.02 | 42.25% | |||||||||
| Total Other Current Liabilities | 3,398.68 | 1,907.92 | 1,490.76 | 78.14% | |||||||||
| Total Current Liabilities | 3,398.68 | 1,907.92 | 1,490.76 | 78.14% | |||||||||
| Total Liabilities | 3,398.68 | 1,907.92 | 1,490.76 | 78.14% | |||||||||
| Equity | |||||||||||||
| 3000 · Money Market Equity & Property | 0.00 | 157,645.65 | -157,645.65 | -100.0% | |||||||||
| 3010 · Savings Account Equity | 0.00 | 26,357.37 | -26,357.37 | -100.0% | |||||||||
| 3015 · Checking Account Equity | 0.00 | 4,474.90 | -4,474.90 | -100.0% | |||||||||
| 32000 · Unrestricted Net Assets | 789,552.32 | 701,610.34 | 87,941.98 | 12.53% | |||||||||
| Net Income | -1,983.02 | -99,788.54 | 97,805.52 | 98.01% | |||||||||
| Total Equity | 787,569.30 | 790,299.72 | -2,730.42 | -0.35% | |||||||||
| TOTAL LIABILITIES & EQUITY | 790,967.98 | 792,207.64 | -1,239.66 | -0.16% | |||||||||