| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 45,932 | 4,593 | 0 | 41,339 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| WEBSITE | 2018-06-30 | 38,425 | 23,055 | SL | 5.000000000000 | 5,764 | 0 | 5,764 | |
| COUR DEV-INCUBATOR | 2018-09-27 | 560,000 | 102,666 | SL | 15.000000000000 | 28,000 | 0 | 28,000 | |
| COUR DEV-HUBBLE ST | 2019-04-04 | 795,986 | 119,398 | SL | 15.000000000000 | 39,799 | 0 | 39,799 | |
| COUR DEV-INCUBATOR | 2019-07-05 | 160,000 | 21,334 | SL | 15.000000000000 | 8,000 | 0 | 8,000 | |
| COUR DEV-INCUBATOR | 2019-10-03 | 80,000 | 9,333 | SL | 15.000000000000 | 4,000 | 0 | 4,000 | |
| COUR DEV-INCUBATOR | 2019-12-26 | 205,000 | 20,500 | SL | 15.000000000000 | 10,250 | 0 | 10,250 | |
| COUR DEV-INCUBATOR | 2020-04-09 | 125,000 | 10,416 | SL | 15.000000000000 | 6,250 | 0 | 6,250 | |
| COUR DEV-INCUBATOR | 2020-06-30 | 125,000 | 8,333 | SL | 15.000000000000 | 6,250 | 0 | 6,250 | |
| COUR DEV-HUBBLE ST | 2019-09-05 | 4,371 | 534 | SL | 15.000000000000 | 291 | 0 | 291 | |
| COUR DEV-HUBBLE ST | 2019-09-26 | 15,163 | 1,769 | SL | 15.000000000000 | 1,011 | 0 | 1,011 | |
| COUR DEV-HUBBLE ST | 2019-10-31 | 14,902 | 1,655 | SL | 15.000000000000 | 993 | 0 | 993 | |
| COUR DEV-HUBBLE ST | 2019-12-05 | 33,062 | 3,490 | SL | 15.000000000000 | 2,204 | 0 | 2,204 | |
| COUR DEV-HUBBLE ST | 2019-12-27 | 7,040 | 704 | SL | 15.000000000000 | 469 | 0 | 469 | |
| COUR DEV-HUBBLE ST | 2020-06-30 | 13,566 | 904 | SL | 15.000000000000 | 904 | 0 | 904 | |
| COUR DEV-HUBBLE ST | 2020-06-30 | 4,281 | 285 | SL | 15.000000000000 | 285 | 0 | 285 | |
| COUR DEV - CURRIC | 2021-06-17 | 22,980 | SL | 15.000000000000 | 1,149 | 0 | 1,149 | ||
| COUR DEV - DATA IN | 2020-09-28 | 62,500 | 3,125 | SL | 15.000000000000 | 3,125 | 0 | 3,125 | |
| COUR DEV - DATA IN | 2020-11-25 | 62,500 | 2,431 | SL | 15.000000000000 | 3,125 | 0 | 3,125 | |
| COUR DEV - DATA IN | 2021-01-01 | 125,000 | 4,167 | SL | 15.000000000000 | 6,250 | 0 | 6,250 | |
| COUR DEV - DATA IN | 2021-04-08 | 125,000 | 2,083 | SL | 15.000000000000 | 6,250 | 0 | 6,250 | |
| COUR DEV-HUBBLE ST | 2021-03-04 | 1,038 | 23 | SL | 15.000000000000 | 52 | 0 | 52 | |
| COUR DEV-HUBBLE ST | 2021-04-01 | 496 | 8 | SL | 15.000000000000 | 25 | 0 | 25 | |
| COUR DEV-HUBBLE ST | 2020-08-31 | 22,980 | 1,277 | SL | 15.000000000000 | 1,149 | 0 | 1,149 | |
| COUR DEV-RKALL.AI | 2021-12-02 | 90,000 | SL | 15.000000000000 | 3,500 | 0 | 3,500 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| COUR DEV-RKALL.AI | 90,000 | 3,500 | 86,500 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 30,023 | 0 | 0 | 30,023 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| INSURANCE POLICY-IGOR'S LIFE | 57,300 | 76,400 | 215,922 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSES | 28,746 | 0 | 0 | 28,746 |
| INSURANCE | 24,086 | 0 | 0 | 24,086 |
| PAYROLL FEES | 16,032 | 0 | 0 | 16,032 |
| BACKGROUND CHECKS | 179 | 0 | 0 | 179 |
| MEALS AND ENTERTAINMENT | 1,625 | 0 | 0 | 1,625 |
| ADVERTISING | 1,636 | 0 | 0 | 1,636 |
| GIFTS | 248 | 0 | 0 | 248 |
| CONTENT DEVELOPMENT | 628,775 | 0 | 0 | 628,775 |
| FUNDRAISING AND DEVELOPMENT | 105,000 | 0 | 0 | 105,000 |
| ACCREDITATION FEES | 5,650 | 0 | 0 | 5,650 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTANTS - INDEPENDENT CONT | 3,419 | 0 | 0 | 3,419 |
| CONSULTANTS - LIBRARY RESOURCE | 12,827 | 0 | 0 | 12,827 |
| CONSULTANTS - INSTRUCTORS | 225,100 | 0 | 0 | 225,100 |
| CONSULTANTS - PR & MARKETING | 531,694 | 0 | 0 | 531,694 |
| CONSULTANTS - SOFTWARE SERVICE | 570,758 | 0 | 0 | 570,758 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 53,696 | 0 | 0 | 53,696 |
| FEDERAL TAX | 3,133 | 0 | 0 | 3,133 |