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Dec 31, 14

ASSETS

Current Assets

Checking/Savings

90,997.90

Other Current Assets

9,432.51

Total Current Assets

100,430.41

Fixed Assets

460,292.49

TOTAL ASSETS

560,722.90

LIABILITIES & EQUITY

Liabilities

Current Liabilities

Other Current Liabilities

12,680.00

Total Current Liabilities

12,680.00

Long Term Liabilities

118,683.19

Total Liabilities

131,363.19

Equity

429,359.71

TOTAL LIABILITIES & EQUITY

560,722.90

NORTH CHANNEL YACHT CLUB

Summary Balance Sheet

Accrual Basis

As of December 31, 2014

ATTEST: Frank J. Corcoran, Treasurer