| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 20,000 | 0 | 20,000 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| APPLE COMPUTERS | 2022-08-10 | 6,731 | 701 | SL | 4.000000000000 | 1,683 | 0 | 1,683 | |
| VAN | 2022-09-06 | 24,000 | 1,600 | SL | 5.000000000000 | 4,800 | 0 | 4,800 | |
| LEASEHOLD IMPROVEMENTS | 3,198 | 0 % | 0 | 0 | 0 | ||||
| FF&E | 8,738 | NC | 0 % | 0 | 0 | 0 | |||
| CAPITAL LEASE - RANGE ROVER | 2022-01-15 | 128,161 | 42,720 | SL | 3.000000000000 | 42,720 | 0 | 42,720 | |
| COMPUTERS | 2023-07-07 | 2,464 | 200DB | 5.000000000000 | 493 | 0 | 493 | ||
| COMPUTERS | 2023-08-17 | 2,365 | 200DB | 5.000000000000 | 473 | 0 | 2,365 | ||
| COMPUTERS | 2023-09-15 | 2,431 | 200DB | 5.000000000000 | 486 | 0 | 2,431 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| APPLE COMPUTERS | 6,731 | 2,384 | 4,347 | |
| VAN | 24,000 | 6,400 | 17,600 | |
| LEASEHOLD IMPROVEMENTS | 3,198 | 0 | 3,198 | |
| FF&E | 8,738 | 0 | 8,738 | |
| CAPITAL LEASE - RANGE ROVER | 128,161 | 85,440 | 42,721 | |
| COMPUTERS | 2,464 | 493 | 1,971 | |
| COMPUTERS | 2,365 | 473 | 1,892 | |
| COMPUTERS | 2,431 | 486 | 1,945 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 10,321 | 0 | 10,321 | 0 |
| Item No. | 1 |
|---|---|
| Lender's Name | JOHN PARKER |
| Lender's Title | PRESIDENT |
| Original Amount of Loan | 10000 |
| Balance Due | 10000 |
| Date of Note | 2021-05 |
| Maturity Date | |
| Repayment Terms | NON-INTEREST BEARING; PAYABLE ON DEMAND |
| Interest Rate | |
| Security Provided by Borrower | UNSECURED |
| Purpose of Loan | STARTUP COST |
| Description of Lender Consideration | |
| Consideration FMV |
| Item No. | 2 |
|---|---|
| Lender's Name | JOHN PARKER |
| Lender's Title | PRESIDENT |
| Original Amount of Loan | 10000 |
| Balance Due | 10000 |
| Date of Note | 2021-10 |
| Maturity Date | |
| Repayment Terms | NON-INTEREST BEARING; PAYABLE ON DEMAND |
| Interest Rate | |
| Security Provided by Borrower | UNSECURED |
| Purpose of Loan | STARTUP COST |
| Description of Lender Consideration | |
| Consideration FMV |
| Item No. | 3 |
|---|---|
| Lender's Name | JOHN PARKER |
| Lender's Title | PRESIDENT |
| Original Amount of Loan | 69500 |
| Balance Due | 64465 |
| Date of Note | 2023-10 |
| Maturity Date | |
| Repayment Terms | NON-INTEREST BEARING; PAYABLE ON DEMAND |
| Interest Rate | |
| Security Provided by Borrower | UNSECURED |
| Purpose of Loan | WORKING CAPITAL |
| Description of Lender Consideration | |
| Consideration FMV |
| Item No. | 4 |
|---|---|
| Lender's Name | JOHN PARKER |
| Lender's Title | PRESIDENT |
| Original Amount of Loan | 2750 |
| Balance Due | 2750 |
| Date of Note | 2018-07 |
| Maturity Date | |
| Repayment Terms | NON-INTEREST BEARING; PAYABLE ON DEMAND |
| Interest Rate | |
| Security Provided by Borrower | UNSECURED |
| Purpose of Loan | STARTUP COST |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OTHER CURRENT ASSETS | 2,888 | 2,888 | 2,888 |
| Description | Amount |
|---|---|
| ADJUSTMENTS RECORDED TO RECONCILE NET ASSETS | 23,592 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TRAINING | 4,608 | 0 | 4,608 | 0 |
| TELECOMMUNICATION | 13,549 | 0 | 13,549 | 0 |
| OFFICE EXPENSE | 35,419 | 0 | 35,419 | 0 |
| INSURANCE AND TAX | 17,336 | 0 | 17,336 | 0 |
| OTHER | 25,871 | 0 | 25,871 | 0 |
| AP CARES | 9,117 | 0 | 9,117 | 0 |
| AP WORKS | 78,052 | 0 | 78,052 | 0 |
| AP HEALTH | 14,861 | 0 | 14,861 | 0 |
| AP HOME | 83,384 | 0 | 83,384 | 0 |
| AP SCHOLARS | 5,000 | 0 | 5,000 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| AP CARES | 498,709 | 498,709 | |
| AP SCHOLARS | 5,000 | 5,000 | |
| AP HEALTH | 301,287 | 301,287 | |
| AP WORKS | 330,733 | 330,733 | |
| OTHER REVENUE | 30,467 | 30,467 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CAPITAL LEASE JP MORGAN | 92,115 | 58,247 |
| OTHER CURRENT LIABILITIES | 4,402 | 0 |
| CREDIT CARDS | 61,104 | 55,449 |
| PAYROLL LIABILITY | 0 | 9,550 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONTRACT SERVICE EXPENSE | 55,673 | 0 | 55,673 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAX | 27,089 | 0 | 27,089 | 0 |
| OTHER TAX | 83 | 0 | 83 | 0 |