| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEE | 1,200 | 0 | 0 | 1,200 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING IMPROV09 | 1999-03-01 | 355,551 | 107,499 | SL | 256.4 % | 9,117 | 9,117 | ||
| BUILDING 09 | 1999-03-01 | 2,962,995 | 895,861 | SL | 256.4 % | 75,974 | 75,974 | ||
| 739 CYPRESS PROJECT | 2002-05-14 | 24,257 | 4,743 | SL | 256.4 % | 622 | 622 | ||
| 739 CYPRESS PROJECT | 2003-06-05 | 31,023 | 5,201 | SL | 256.4 % | 795 | 795 | ||
| 739 CYPRESS PROJECT | 2004-06-30 | 598,921 | 99,815 | SL | 256.4 % | 15,357 | 15,357 | ||
| 739 CYPRESS PROJECT | 2005-06-30 | 623,725 | 88,624 | SL | 256.4 % | 15,993 | 15,993 | ||
| 691 CYPRESS IMPROVEMENT | 2009-01-01 | 623,772 | 31,320 | SL | 256.4 % | 15,994 | 15,994 | ||
| LAND | 1998-06-30 | 1,315,643 | NDA |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 5,220,245 | 1,366,914 | 3,853,331 | 3,854,331 |
| LAND | 1,315,643 | 1,315,643 | 1,315,643 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE AND FIXTURE | 8,321 | 8,321 | ||
| MACHINERY AND EQUIPMENT | 2,823 | 2,823 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEE | 2,357 | 2,357 | 0 | 0 |
| Item No. | 1 |
|---|---|
| Lender's Name | ALDEEN CHREMAINDER TRUST |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | 2868284 |
| Balance Due | 2868284 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | 0 |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK SERVICE CHARGES | 24 | 24 | 0 | 0 |
| CONTINUING EDUCATION | 648 | 0 | 648 | 0 |
| TELEPHONE | 2,429 | 0 | 2,429 | 0 |
| PROGRAM SERVICE FEES | 898 | 0 | 898 | 0 |
| INSURANCE EXPENSES | 12,390 | 12,390 | 0 | 0 |
| JANITORIAL | 262 | 0 | 0 | 262 |
| REPAIR & MAINTENANCE | 12,461 | 11,001 | 0 | 1,460 |
| DUES & SUBSCRIPTION | 1,737 | 0 | 0 | 1,737 |
| OFFICE EXPENSE | 3,360 | 0 | 0 | 3,360 |
| OFFICE SUPPLIES | 4,210 | 0 | 0 | 4,210 |
| POSTAGE & DELIVERY | 158 | 0 | 0 | 158 |
| SECURITY&ALARM SERVICES | 3,443 | 500 | 0 | 2,943 |
| RENTAL EXPENSES | 51,143 | 30,643 | 0 | 20,500 |
| MEALS & ENTERTAINMENT | 8,262 | 0 | 0 | 8,292 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ONLINE EDUCATION | 4,154 | 0 | 0 |
| ARABIC CLASSES | 920 | 0 | 0 |
| TEACHER DEVELOPMENT | 2,538 | 0 | 0 |
| tax refund | 550 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OUTSIDE SERVICES | 120,652 | 3,315 | 0 | 117,337 |
| STIPENDS | 31,560 | 0 | 0 | 31,560 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER | 30 | 0 | 0 | 30 |
| FEDERAL REFUND | 0 | 0 | 0 | 0 |
| PROPERTY TAX | 22,084 | 22,084 | 0 | 0 |