| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 21,756 | 0 | 0 | 21,756 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE AND EQUIPMENT | 188,838 | 184,823 | SL | 0 % | 2,103 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE AND EQUIPMENT | 188,838 | 186,926 | 1,912 | 1,912 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 1,725 | 0 | 0 | 1,725 |
| Item No. | 1 |
|---|---|
| Lender's Name | PRINCESS HALA BINT KHALED BIN SULTA |
| Lender's Title | DIRECTOR |
| Original Amount of Loan | 75000 |
| Balance Due | |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | N/A |
| Interest Rate | 0.000000000000 |
| Security Provided by Borrower | N/A |
| Purpose of Loan | SHORT-TERM, INTEREST-FREE LOAN TO BRIDGE GAP BETWEEN FUNDING. PAID OFF 4/23. |
| Description of Lender Consideration | N/A |
| Consideration FMV |
| Item No. | 2 |
|---|---|
| Lender's Name | PRINCESS HALA BINT KHALED BIN SULTA |
| Lender's Title | DIRECTOR |
| Original Amount of Loan | 40000 |
| Balance Due | 40000 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | N/A |
| Interest Rate | 0.000000000000 |
| Security Provided by Borrower | N/A |
| Purpose of Loan | SHORT-TERM, INTEREST-FREE LOAN TO BRIDGE GAP BETWEEN FUNDING. |
| Description of Lender Consideration | N/A |
| Consideration FMV |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSES | 13,112 | 0 | 0 | 13,112 |
| INFORMATION TECHNOLOGY | 9,216 | 0 | 0 | 9,216 |
| INSURANCE | 5,569 | 0 | 0 | 5,569 |
| ADVERTISING | 216 | 0 | 0 | 216 |
| MEMBERSHIP DUES | 900 | 0 | 0 | 900 |
| STAFF DEVELOPMENT | 4,796 | 0 | 0 | 4,796 |
| SCIENCE WITHOUT BORDERS CHALLENGE | 2,409 | 0 | 0 | 2,409 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| CONTRACT REVENUE | 8,412 | 8,412 | |
| ADVERTISING | 531 | 531 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| IT SUPPORT | 2,260 | 0 | 0 | 2,260 |
| WEB DESIGN AND HOSTING | 22,588 | 0 | 0 | 22,588 |
| GIS MAPPING | 534 | 0 | 0 | 534 |
| PAYROLL PROCESSING FEES | 1,670 | 0 | 0 | 1,670 |
| STRATEGIC PLANNING | 4,555 | 0 | 0 | 4,555 |
| Name | Address |
|---|---|
| HIS ROYAL HIGHNESS PRINCE KHALED BI |
821 CHESAPEAKE AVE STE 3568 ANNAPOLIS,MD21403 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 25,231 | 0 | 0 | 25,231 |