| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 23,393 | 0 | 6,394 | 16,999 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| REGULATION SECTION 1.263(A)-1(F) - DE MINIMIS SAFE HARBOR ELECTION | TAXPAYER NAME: THE BEATITUDE FOUNDATION, INC.TAXPAYER ADDRESS: 3425 BANNERMAN RD SUITE 105-428, TALLAHASSEE, FL 32312TAXPAYER ID NUMBER: 59-3636206YEAR-END: 12/31/2024 UNDER IRC REGULATION SECTION 1.263(A)-1(F), THE TAXPAYER HEREBY ELECTS TO APPLY THE DE MINIMIS SAFE HARBOR ELECTION. |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FIXED INCOME | 4,338,515 | 4,338,515 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EQUITIES | 10,336,298 | 18,751,093 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| CLOSING COSTS | 124,715 | 124,715 | 124,715 |
| ORGANIZATIONAL COSTS | 2,150 | 2,150 | 2,150 |
| ACCUMULATED AMORTIZATION | -53,088 | -61,759 | -61,759 |
| INVESTMENT IN BFI REALTY | 50,000 | 50,000 | 50,000 |
| UTILITY DEPOSIT | 2,334 | 2,334 | 2,334 |
| CONSTRUTION IN PROGRESS | 81,388 | 84,888 | 84,888 |
| LOAN FEES | 10,702 | 10,702 | 10,702 |
| OTHER LONG TERM ASSET | 2,464,243 | 2,464,243 | 2,464,243 |
| EMPLOYEE ADVANCES | 1,000 | 1,000 | 1,000 |
| DEPOSIT TENANT SECURITY | 65,506 | 69,188 | 69,188 |
| DEPOSIT IN TRANSIT | 0 | -999 | -999 |
| BANK RECONCILATION CLEARING | 0 | 600 | 600 |
| Description | Amount |
|---|---|
| INVESTMENT ADJUSTMENT TO COST BASIS | 6,936,412 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 12,467 | 0 | 3,406 | 9,061 |
| HOUSING SERVICES | 712,072 | 0 | 194,563 | 517,509 |
| INSURANCE | 208,895 | 0 | 57,077 | 151,818 |
| LANDSCAPING | 18,759 | 0 | 5,126 | 13,633 |
| LICENSES & PERMITS | 999 | 0 | 273 | 726 |
| MISCELLANEOUS | 142,875 | 0 | 39,036 | 103,839 |
| OFFICE EXPENSES | 6,410 | 0 | 1,751 | 4,659 |
| PEST CONTROL | 780 | 0 | 213 | 567 |
| REPAIRS & MAINTENANCE | 3,700 | 0 | 1,011 | 2,689 |
| SUPPLIES | 96,657 | 0 | 26,410 | 70,247 |
| AMORTIZATION | 8,671 | 0 | 8,671 | 0 |
| PAYROLL EXPENSES | 4,518 | 0 | 1,235 | 3,283 |
| DUES & SUBSCRIPTIONS | 8,487 | 0 | 2,319 | 6,168 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| WCDC RENTAL HOUSING | 687,233 | 687,233 | |
| FLORESTA LLC | 1,339,047 | 1,339,047 | |
| OTHER INCOME | 28,559 | 28,559 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | 2,994 | 3,061 |
| OTHER LIABILITIES | 439,518 | 664,119 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 48,989 | 48,989 | 0 | 0 |
| CONSULTING FEES | 36,323 | 0 | 9,925 | 26,398 |
| MANAGEMENT FEES | 273,184 | 0 | 74,643 | 198,541 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 8,711 | 0 | 2,380 | 6,331 |