| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 7,000 | 0 | 0 | 7,000 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| DEVELOPED SOFTWARE | 2017-07-01 | 30,918 | 3,092 | 5 | 6,184 | 0 | 6,184 | 9,276 |
| DEVELOPED SOFTWARE | 2018-07-01 | 4,200 | 0 | 5 | 420 | 0 | 420 | 420 |
| Person Name | Explanation |
|---|---|
| Azmeralda Alfi | NO COMENSATION PAID AS BOARD MEMBER OR OFFICER |
| HALA ALFI | NO COMENSATION PAID AS BOARD MEMBER OR OFFICER COMPENSATION AS EXECUTIVE DIRECTOR |
| LINA KHOLAKI | NO COMENSATION PAID AS BOARD MEMBER OR OFFICER COMPENSATION AS lANGUAGE CONSULTANT |
| 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 | 171,318 | SL | 39 | 9,117 | 0 | 9,117 | |
| BUILDING 09 | 1999-03-01 | 2,962,995 | 1,427,679 | SL | 39 | 75,974 | 0 | 75,974 | |
| 739 CYPRESS PROJECT | 2002-05-14 | 24,257 | 9,097 | SL | 39 | 622 | 622 | 0 | |
| 739 CYPRESS PROJECT | 2003-06-05 | 31,023 | 10,766 | SL | 39 | 795 | 795 | 0 | |
| 739 CYPRESS PROJECT | 2004-06-30 | 598,921 | 207,314 | SL | 39 | 15,357 | 15,357 | 0 | |
| 739 CYPRESS PROJECT | 2005-06-30 | 623,725 | 200,575 | SL | 39 | 15,993 | 15,993 | 0 | |
| 691 CYPRESS IMPROVEMENT | 2009-01-01 | 623,772 | 143,278 | 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 | |
| IMPROVEMENTS | 2015-01-15 | 5,200 | 867 | SL | 15 | 347 | 347 | 0 |
| Item No. | 1 |
|---|---|
| Lender's Name | ALDEEN CHREMAINDER TRUST |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | 2,868,284 |
| Balance Due | 2,354,285 |
| 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 | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DEVELOPED SOFTWARE NET AMORT | 27,826 | 25,422 | 25,422 |
| Description | Amount |
|---|---|
| UNREALIZED LOSSES | 10,901 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK SERVICE CHARGES | 2,633 | 0 | 0 | 2,633 |
| DUES & SUBSCRIPTIONS | 9,010 | 0 | 0 | 9,010 |
| TELEPHONE | 1,491 | 0 | 0 | 1,491 |
| INSURANCE | 18,590 | 18,590 | 0 | 0 |
| CONTINUING EDUCATION | 6,140 | 0 | 0 | 6,140 |
| JANITORIAL EXPENSE | 85 | 0 | 0 | 85 |
| RENTAL PROPERTY EXPENSES | 31,887 | 31,887 | 0 | 0 |
| REPAIRS & MAINTENANCE | 3,471 | 3,471 | 0 | 0 |
| SECURITY | 300 | 300 | 0 | 0 |
| OFFICE SUPPLIES | 1,206 | 0 | 0 | 1,206 |
| MISC | 112 | 0 | 0 | 112 |
| OFFICE EXPENSE | 651 | 0 | 0 | 651 |
| POSTAGE & DELIVERY | 1,063 | 0 | 0 | 1,063 |
| EID CELEBRATION EXPENSE | 337 | 0 | 0 | 337 |
| ADVERTISING AND MARKETING | 551 | 0 | 0 | 551 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ONLINE EDUCATION | 10,964 | 0 | 10,964 |
| REFUNDS | 4,865 | 0 | 4,865 |
| ARABIC READER PROGRAM | 20,263 | 0 | 20,263 |
| GRANT REFUND | -6,621 | 0 | -6,621 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Payroll Liabilities | 0 | -31 |
| Security Deposits | 0 | 23,049 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OUTSIDE SERVICE | 26,445 | 0 | 0 | 26,445 |
| PROPERTY MANAGEMENT | 1,575 | 1,575 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAX | 1,422 | 0 | 0 | 1,422 |
| PROPERTY TAX AND OTHER | 24,128 | 24,128 | 0 | 0 |
| LICENSE & FEES | 1,579 | 0 | 0 | 1,579 |