| Identifier | Return Reference | Explanation |
|---|---|---|
| DISREGARDED ENTITY | FORM 990-PF, PART VII-A LINE 11 | THE ORGANIZATION HAS DISREGARDED ENTITIES; LEGACY SCHOOL PROPERTIES, LLC; WEST GREENVILLE INVESTORS, LLC ; CYL HOLDINGS, LLC104 BROADUS AVENUE, GREENVILLE, SC 29601EIN: 22-3670039 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BANK OF AMERICA STOCK | 804 | 804 |
| GALLAGHER ARTHUR J & CO COM | 10,197 | 14,356 |
| GIFT IN KIND STOCK | 5,059 | 19,409 |
| Description | Amount |
|---|---|
| CHANGE DUE TO ACCRUAL TO CASH ADJUSTMENT | 11,295 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 60 | 0 | 0 | 60 |
| PAYROLL EXPENSE | 3,295 | 0 | 0 | 3,295 |
| OFFICE EXPENSE | 65,283 | 0 | 0 | 65,514 |
| AMORTIZATION | 26,069 | 0 | 0 | 26,069 |
| MEALS AND ENTERTAINMENT | 68,746 | 0 | 0 | 68,746 |
| DUES AND SUBSCRIPTIONS | 815 | 0 | 0 | 815 |
| MISCELLANEOUS EXPENSE | 3,332 | 0 | 0 | 101,926 |
| INSURANCE EXPENSE | 2,917 | 2,917 | 0 | 0 |
| MAINTENANCE & REPAIR | 5,635 | 0 | 0 | 5,635 |
| STIPEND | 58,553 | 0 | 0 | 58,553 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| BONDS PAYABLE | 14,834,910 | 14,834,910 |
| LOANS PAYABLE | 1,627,872 | 1,352,872 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 287,613 | 0 | 0 | 287,613 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 38,585 | 12,733 | 0 | 25,852 |
| OTHER TAXES | 1,042 | 0 | 0 | 1,042 |