| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| WEB DEVELOPMENT | 2023-07-01 | 371,751 | 61,958 | 3.0000 | 123,917 | 185,875 |
| Contractor | Explanation |
|---|---|
| FRANKEL DESIGN INC | THE COST HAS BEEN CAPITALIZED |
| MIROMIND SP ZOO | THE COST HAS BEEN CAPITALIZED |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 764,093 | 251,266 | 512,827 | 512,827 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DUE FROM GNA NOW | 7,285 | 7,285 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| BANK FEES | 751 | 751 | ||
| COMPUTER AND INTERNET EXPENSE | 1,096 | 1,096 | ||
| DUES AND SUBSCRIPTIONS | 120 | 120 | ||
| INSURANCE EXPENSE | 3,245 | 3,245 | ||
| LOCAL TRANSPORTATION | 9 | 9 | ||
| MARKETING AND PROMOTIONS | 27,819 | 27,819 | ||
| OFFICE EQUIPMENT RENTAL | 1,523 | 1,523 | ||
| OFFICE SUPPLIES | 4,660 | 4,660 | ||
| OUTSIDE SERVICES | 65,792 | 65,792 | ||
| POSTAGE AND MAILING SERVICES | 767 | 767 | ||
| SOFTWARE EXPENSE | 1,257 | 1,257 | ||
| TELEPHONE EXPENSE | 5,858 | 5,858 | ||
| WEB AND HOSTING EXPENSE | 2,086 | 2,086 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARD PAYABLE | 283 | 7,596 |
| LOAN FROM L. BRADLEY SCHWARTZ | 490,732 | 490,530 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING EXPENSE | 49,966 | 49,966 |
| Name | Address |
|---|---|
| L BRADLEY SCHWARTZ |
120 W MADISON ST 1108 120 W MADISON STREET 1108 CHICAGO,IL60602 |