Executive Committee Meeting 10-15-24

Consent Agenda

Page 6 of 95

Consolidated DMCVB DMSC Balance Sheets: As of 9/30/2024 9/30/2024

9/30/2023

Variance

ASSETS:

Cash Accounts

$745,405.44 13,823,881.25

$804,806.82 14,578,959.81

($59,401.38) (755,078.56) (19,029.00)

Investments

Inventory

0.05

19,029.05

Assessment

1,528,512.21

1,530,220.21

(1,708.00)

Unpaid Subscriptions Receivable - Membership & Other Allowance for Doubtful Account

536,747.61

436,108.31

100,639.30

0.00

0.00

0.00

Prepaid Expenses

1,797,184.23 $668,686.00 4,195,627.42 (3,554,731.97)

1,501,326.49 $1,342,266.00 4,624,289.82 (3,501,092.97) 1,123,196.85

295,857.74

Net Future Bureau Commitments

($673,580.00) (428,662.40) (53,639.00) (482,301.40) ($1,594,601.30)

Capital & Leasehold

(Less Accumulated Depreciation)

Net Capital Assets

640,895.45

Total Assets

$19,741,312.24 $21,335,913.54

LIABILITIES & NET ASSETS:

Accounts Payable Accrued Liabilities Accrued Payroll

1,610,821.09 872,652.56 757,580.18

303,167.42 4,214,211.42

1,307,653.67 (3,341,558.86)

19,581.96

737,998.22 59,013.27

Membership

59,013.27

0.00 0.00

PPP Loan Foregiveness Liability

0.00

0.00

Total Liabilities

$3,968,753.10 $5,879,226.80

($1,910,473.70)

Fund Balance-Unrestricted

8,966,861.07

10,650,988.67 500,000.00

(1,684,127.60) 1,500,000.00 500,000.00

Future Bureau Commitments Board Designated Sports Commision 2,000,000.00 Future Bureau Commitments Board Designated DMC5V0B0,000.00

0.00

Fund Balance-Future Bureau Commitments

4,305,698.07 $15,772,559.14

4,305,698.07 $15,456,686.74

0.00

Total Net Assets

$315,872.40

Total Liabilities & Net Assets

$19,741,312.24 $21,335,913.54

($1,594,601.30)

Ratio: Total Assets to Total Liabilities

4.9:1

3.6:1

1.3:1

10/9/2024: 10:11 AM 200 Balance Sheet Summary test Ratio