Board Book 2023

ATLANTA ATHLETIC CLUB BALANCE SHEET as of April 30, 2023

April 30, 2023

March 31, 2023

March 31, 2023 (Before Yr End Adj)

ASSETS:

Current Assets: Cash on Hand and In banks

$ $ $ $ $ $ $ $

9,927,159 3,625,079 1,102,904 946,156 15,601,298 91,889,946 56,488,886 35,401,060

$ $ $ $ $ $ $ $

9,384,537 3,821,011 1,096,851 907,300 15,209,698 91,540,161 56,176,386 35,363,776

$ $ $ $ $ $ $ $

9,384,537 3,799,981 1,096,851 821,296 15,102,664 97,587,351 61,753,706 35,833,645

Accounts Receivable

Inventories

Prepaid Expenses Total Current Assets

Property & Equipment at Cost Less: Accumulated Depreciation Property & Equipment Net

Other Assets: Deferred Comp Plan

$ $ $

455,232 524,038 979,270

$ $ $

384,390 250,376 634,767

$ $ $

455,232 524,038 979,270

Interest Rate Hedging Agreement

Total Other Assets

TOTAL ASSETS

$

51,981,628

$

51,552,744

$

51,571,076

LIABILITIES AND NET ASSETS: Current Liabilities: Accounts Payable Current Portion of Long Term Debt

$ $ $ $ $ $ $ $ $ $

1,578,482 554,105 282,110 1,164,670 1,962,038 5,541,405

$ $ $ $ $ $ $ $ $ $

1,699,866 554,105 231,611 927,225 2,017,618 5,430,425

$ $ $ $ $ $ $ $ $ $

1,699,866 554,105 231,611 906,195 2,017,618 5,409,395

Taxes Payable & Accrued

Accrued Expenses Unearned Income

Total Current Liabilities

Other Liabilities: Long Term Debt, net of current portion and deferred loan costs

7,847,718

7,894,047

7,894,047

-

Interest Rate Hedging Agreement

-

-

Other

456,198 8,303,916

456,198 8,350,245

385,407 8,279,454

Total Other Liabilities

Total Liabilities

$

13,845,321

$

13,780,670

$

13,688,849

Strategic Reserves

$ $

1,566,673 36,569,633

$ $

1,500,007 36,272,047

$ $

1,500,007 36,382,200

Net Assets

TOTAL LIABILITIES & NET ASSETS

$

51,981,628

$

51,552,724

$

51,571,056