| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 46,380 | 0 | 46,380 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| COMPUTER EQUIPMENT | 60,826 | 58,349 | 2,477 | 2,477 |
| FURNITURE & FIXTURES | 64,355 | 58,820 | 5,535 | 5,535 |
| LEASEHOLD IMPROVEMENTS | 4,940 | 4,940 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 34,365 | 0 | 34,365 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| SECURITY DEPOSIT | 21,000 | 21,000 | 21,000 |
| DEFERRED GRANT EXPENSE, NET OF CURRENT PORTION AND DISCOUNT | 0 | 12,949,322 | 12,949,322 |
| GRANTS RECEIVABLE, NET OF CURRENT PORTION AND DISCOUNT | 0 | 13,904,349 | 13,904,349 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER EXPENSES | 7,124 | 0 | 7,124 | |
| TELEPHONE & COMMUNICATIONS | 39,888 | 0 | 39,888 | |
| BANK CHARGES | 1,320 | 1,320 | 0 | |
| INSURANCE | 8,901 | 0 | 8,901 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEFERRED RENT ABATEMENT | 6,344 | 10,850 |
| GRANTS PAYABLE, NET OF CURRENT PORTION AND DISCOUNT | 0 | 12,949,322 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PROFESSIONAL FEES | 254,232 | 0 | 254,232 | |
| TEMPORARY STAFF | 4,800 | 0 | 4,800 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 8,151 | 0 | 0 |