| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 31,073 | 0 | 0 | 31,073 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| COMPUTERS | PURCHASED | 2018-06 | 0 | 21,100 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT IN SUBSIDIARY | AT COST | 3,777,828 | 3,777,828 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 44,433 | 0 | 11,799 | 32,634 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| RESTRICTED CASH | 459,888 | 356,106 | 356,106 |
| UNBILLED RECEIVABLES | 779,667 | 675,440 | 675,440 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TECHNOLOGY AND LICENSING FEES | 223,274 | 0 | 118,475 | 104,799 |
| SALES AND MARKETING | 10,399 | 0 | 0 | 10,399 |
| PAYROLL PROCESSING FEES | 24,354 | 0 | 280 | 24,074 |
| INSURANCE | 38,325 | 0 | 7,712 | 30,613 |
| OFFICE EXPENSE | 110,304 | 0 | 25,470 | 84,834 |
| EQUIPMENT, REPAIRS & MAINTENANCE | 16,644 | 0 | 3,349 | 13,295 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| SERVICE REVENUE | 1,404,212 | 1,404,212 | |
| SUPPORT & MAINTENANCE | 5,297,815 | 5,297,815 | |
| DEBT FORGIVENESS | 1,287,365 | 1,287,365 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PROGRAM RELATED REVOLVING CREDIT | 663,798 | 0 |
| DUE TO CASEBOOK PBC | 0 | 240,047 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SOFTWARE DEVELOPMENT FEES | 642,113 | 0 | 377,600 | 264,513 |
| OTHER CONSULTING FEES | 513,983 | 0 | 39,765 | 474,218 |
| HOSTING AND OTHER TECHNOLOGY | 707,439 | 0 | 508,386 | 199,053 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 242,197 | 0 | 64,952 | 177,245 |