| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 19,130 | 19,130 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| DEPRECIATION | 63,332 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| GFRE HLDGS LLC VAR | 45,000 | 45,000 |
| LANSING MI ECON DEV CORP | 135,000 | 135,000 |
| PHF INVTS LLC | 325,000 | 325,000 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| VANGUARD 500 INDEX | 266,845 | 266,845 |
| PERRIGO COMPANY PLC | 10,206 | 10,206 |
| SHERWIN WILLIAMS | 14,926 | 14,926 |
| BLACKBERRY LTD | 3,780 | 3,780 |
| TESLA INC | 605,760 | 605,760 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT AND LEASEHOLD IMPROVEMENTS | 2,765,501 | 1,465,301 | 1,300,200 |
| Item No. | 1 |
|---|---|
| Lender's Name | JAMES D AZZAR |
| Lender's Title | |
| Original Amount of Loan | 90000 |
| Balance Due | 276804 |
| Date of Note | 2022-01 |
| Maturity Date | 2025-12 |
| Repayment Terms | PAYABLE ON DEMAND |
| Interest Rate | |
| Security Provided by Borrower | N/A |
| Purpose of Loan | CASH ADVANCE TO COVER CHECKS WRITTE |
| Description of Lender Consideration | CASH |
| Consideration FMV | 276804 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ERC GRANT RECEIVABLE | 157,904 | 217,179 | 217,179 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ANIMAL CARE | 40,979 | 40,979 | ||
| AWARENESS | 4,094 | 4,094 | ||
| DOG FOOD | 66,689 | 66,689 | ||
| DUES AND SUBSCRIPTIONS | 3,837 | 3,837 | ||
| INSURANCE | 15,549 | 15,549 | ||
| POSTAGE AND SHIPPING | 856 | 856 | ||
| PURCHASED LABOR | 603,651 | 603,651 | ||
| REPAIRS | 31,524 | 31,524 | ||
| SUPPLIES | 151,520 | 151,520 | ||
| TAXES AND LICENSES | 8,161 | 8,161 | ||
| TRANSPORTATION | 2,579 | 2,579 | ||
| UTILITIES | 73,923 | 73,923 | ||
| MISCELLANEOUS | 3,037 | 3,037 | ||
| EDUCATION | 40 | 40 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PROGRAM SERVICE FEES | 5,495 | 5,495 | |
| RENTAL INCOME | 950 | 950 | |
| IRS INTEREST INCOME | 27,963 | 27,963 | 27,963 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS | 280,086 |
| Borrower's Name | Relationship to Insider | Original Amount of Loan | Balance Due | Date of Note | Maturity Date | Repayment Terms | Interest Rate | Security Provided by Borrower | Purpose of Loan | Description of Lender Consideration | Consideration FMV |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MACKENZIE'S FOUNDATION | ORG OWNED BY FOUNDATION PRESIDENT | 320,000 | 2023-05 | 2024-12 | PAYABLE ON DEMAND | 0 % | N/A | ADVANCE OF FUNDS FOR OPERATIONS | CASH |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT OTHER PROFESSIONAL FEES | 337 | 337 |