| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Land buildings and equipment basis | 195,570 | 0 | 195,570 | 210,000 |
| Item No. | 1 |
|---|---|
| Lender's Name | Abul Khan |
| Lender's Title | Treasurer |
| Original Amount of Loan | 10000 |
| Balance Due | 10000 |
| Date of Note | 2023-02 |
| Maturity Date | 2027-12 |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | Purchase of property for school |
| Description of Lender Consideration | |
| Consideration FMV |
| Item No. | 2 |
|---|---|
| Lender's Name | Abul Kashim |
| Lender's Title | Board Member |
| Original Amount of Loan | 10000 |
| Balance Due | 10000 |
| Date of Note | 2023-02 |
| Maturity Date | 2027-12 |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | Purchase of property for school |
| Description of Lender Consideration | |
| Consideration FMV |
| Item No. | 3 |
|---|---|
| Lender's Name | Raisur Rahman |
| Lender's Title | Board Member |
| Original Amount of Loan | 10000 |
| Balance Due | 10000 |
| Date of Note | 2023-02 |
| Maturity Date | 2027-12 |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | Purchase of Property for school |
| Description of Lender Consideration | |
| Consideration FMV |
| Item No. | 4 |
|---|---|
| Lender's Name | Ifti Mahmood |
| Lender's Title | Board Member |
| Original Amount of Loan | 6000 |
| Balance Due | 6000 |
| Date of Note | 2023-02 |
| Maturity Date | 2027-12 |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | Purchase of property for school |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| HOA | 5,381 | 0 | 0 | 0 |
| Utilities | 802 | 0 | 0 | 0 |
| Banking Fee | 82 | 0 | 0 | 0 |
| Tax Preparer | 450 | 0 | 0 | 0 |
| Condo Insurance | 550 | 0 | 0 | 0 |
| Teacher Honorarium | 3,720 | 0 | 0 | 0 |
| Repair and Maintenance | 3,354 | 0 | 0 | 0 |
| Picnic Expenses | 4,489 | 0 | 0 | 0 |
| Food | 120 | 0 | 0 | 0 |
| Misc Expenses | 581 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Hall Rental | 1,650 | 0 | 0 |
| Tuition | 5,845 | 0 | 0 |