| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting Fees | 17,360 | 0 | 17,360 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Tournament Equipment | 8,496 | 0 | 8,496 | 8,496 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Fixed assets | 0 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| All other expenses | 2,025,798 | 0 | 2,025,798 | 0 |
| Description | Amount |
|---|---|
| Notes | 41,520 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Loan from Officers | 250,000 | 451,792 |
| Liability Accrual | 0 | 25,100 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Little Bird Management Fees | 166,000 | 0 | 166,000 | 0 |