| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 30,435 | 0 | 0 | 30,435 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 98,748 | 0 | 14,400 | 84,348 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| RESTRICTED CASH | 40,000 | 40,000 | 40,000 |
| COSTS AND ESTIMATED EARNINGS IN EXCESS OF BILLINGS | 556,186 | 710,087 | 710,087 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TECHNOLOGY AND LICENSING FEES | 202,460 | 0 | 110,238 | 92,222 |
| SALES AND MARKETING | 36,325 | 0 | 0 | 36,325 |
| PAYROLL PROCESSING FEES | 66,289 | 0 | 31,864 | 34,425 |
| OTHER EXPENSES | 4,809 | 0 | 0 | 4,809 |
| INSURANCE | 43,353 | 0 | 20,809 | 22,544 |
| OFFICE EXPENSE | 30,674 | 0 | 16,540 | 14,134 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| CONFIGURATION INCOME | 89,950 | 89,950 | |
| LICENSING AND HOSTING | 3,432,719 | 3,432,719 | |
| ENHANCEMENTS | 1,829,559 | 1,829,559 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PROGRAM RELATED REVOLVING CREDIT | 1,135,000 | 1,135,000 |
| BILLINGS IN EXCESS OF ESTIMATED EARNINGS | 0 | 7,817 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SOFTWARE DEVELOPMENT FEES | 2,738,942 | 0 | 1,748,560 | 990,382 |
| OTHER CONSULTING FEES | 462,409 | 0 | 23,940 | 438,469 |
| HOSTING AND OTHER TECHNOLOGY | 638,649 | 0 | 633,555 | 5,094 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 362,169 | 0 | 174,089 | 188,080 |