| 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 | 125,733 | SL | 39 | 9,117 | 9,117 | 0 | |
| BUILDING 09 | 1999-03-01 | 2,962,995 | 1,047,809 | SL | 39 | 75,974 | 75,974 | 0 | |
| 739 CYPRESS PROJECT | 2002-05-14 | 24,257 | 5,987 | SL | 39 | 622 | 622 | 0 | |
| 739 CYPRESS PROJECT | 2003-06-05 | 31,023 | 6,791 | SL | 39 | 795 | 795 | 0 | |
| 739 CYPRESS PROJECT | 2004-06-30 | 598,921 | 130,529 | SL | 39 | 15,357 | 15,357 | 0 | |
| 739 CYPRESS PROJECT | 2005-06-30 | 623,725 | 120,610 | SL | 39 | 15,993 | 15,993 | 0 | |
| 691 CYPRESS IMPROVEMENT | 2009-01-01 | 623,772 | 63,308 | SL | 39 | 15,994 | 15,994 | 0 | |
| LAND | 1998-06-30 | 1,315,643 | 0 | NDA | 0 | 0 | 0 | ||
| FURNITURE & FIXURE DEPRECIATED TO MATCH | 2000-01-01 | 11,144 | 11,144 | SL | 7 | 0 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 5,220,245 | 1,634,618 | 3,585,627 | 5,220,245 |
| FURNITURE AND FIXTURE | 8,321 | 8,321 | 0 | 0 |
| LAND | 1,315,643 | 0 | 1,315,643 | 1,315,643 |
| MACHINERY AND EQUIPMENT | 2,823 | 2,823 | 0 | 0 |
| Item No. | 1 |
|---|---|
| Lender's Name | ALDEEN CHREMAINDER TRUST |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | 2868284 |
| Balance Due | 2673284 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | 0 |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK SERVICE CHARGES | 103 | 103 | 0 | 0 |
| CONTINUING EDUCATION | 1,302 | 0 | 0 | 1,302 |
| TELEPHONE | 2,524 | 0 | 0 | 2,524 |
| INSURANCE EXPENSES | 9,399 | 9,399 | 0 | 0 |
| JANITORIAL | 715 | 715 | 0 | 0 |
| REPAIR & MAINTENANCE | 11,471 | 11,471 | 0 | 0 |
| DUES & SUBSCRIPTION | 1,299 | 0 | 0 | 1,299 |
| OFFICE EXPENSE | 2,490 | 0 | 0 | 2,490 |
| OFFICE SUPPLIES | 1,935 | 0 | 0 | 1,935 |
| POSTAGE & DELIVERY | 277 | 0 | 0 | 277 |
| SECURITY&ALARM SERVICES | 200 | 200 | 0 | 0 |
| Miscellaneous | 1,214 | 0 | 0 | 1,214 |
| petty cash | 73 | 0 | 0 | 73 |
| Reimbursed Expenses | -9,186 | 0 | 0 | -9,186 |
| Classroom Supplies | 2,719 | 0 | 0 | 2,719 |
| Equipment | 936 | 0 | 0 | 936 |
| Marketing & Advertising | 3,697 | 0 | 0 | 3,697 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ONLINE EDUCATION | 2,486 | 0 | 2,486 |
| ARABIC CLASSES | 0 | 0 | 0 |
| TEACHER DEVELOPMENT | 0 | 0 | 0 |
| Program Service Revenue holyd | 1,916 | 0 | 1,916 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OUTSIDE SERVICES | 52,115 | 0 | 0 | 52,115 |
| STIPENDS | 43,600 | 0 | 0 | 43,600 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER | 85 | 0 | 0 | 85 |
| FEDERAL REFUND | 0 | 0 | 0 | 0 |
| PROPERTY TAX | 22,872 | 22,872 | 0 | 0 |