| Category | Amount |
|---|---|
| NONE |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Barbs Precious Rescue and Adoption Center | 1,562,596 | 119,327 | 1,443,269 | 1,700,000 |
| Item No. | 1 |
|---|---|
| Lender's Name | Old National Bank |
| Lender's Title | |
| Relationship to Insider | Founder |
| Original Amount of Loan | 400,000 |
| Balance Due | 343,340 |
| Date of Note | 2019-11 |
| Maturity Date | 2039-11 |
| Repayment Terms | 20 year |
| Interest Rate | 0000000000.042500000000 |
| Security Provided by Borrower | BPR Building |
| Purpose of Loan | Build Animal Rescue |
| Description of Lender Consideration | 5500 sqft Expansion Building |
| Consideration FMV | 1350000 |
| Item No. | 2 |
|---|---|
| Lender's Name | TBK Bank |
| Lender's Title | |
| Relationship to Insider | Founder |
| Original Amount of Loan | 400,000 |
| Balance Due | 350,019 |
| Date of Note | 2023-11 |
| Maturity Date | 2028-10 |
| Repayment Terms | 20 year |
| Interest Rate | 0000000000.095000000000 |
| Security Provided by Borrower | BPR Veterinary Care Center |
| Purpose of Loan | Build Veterinary Care Center |
| Description of Lender Consideration | Veterinary Care Center in BPR Building |
| Consideration FMV | 1350000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Purchase of Supplies for Operations | 8,888 | |||
| Maintenance of the Rescue and Utilities | 21,370 | |||
| Veterinariy care provided for our Rescue Cats | 84,671 | |||
| Rennovation and Expansion Veterinary Care Center | 532,216 |
| Description | Amount |
|---|---|
| Add back Depreciation change due to incease in base value due to the addition of the Veterinary Care | 47,847 |
| Name | Address |
|---|---|
| Barbara Weber |
200 Berron Lane Barrington Hills,IL60010 |