| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 46,753 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 3,336,697 | 326,741 | 3,009,956 | 3,009,956 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 625 |
| Item No. | 1 |
|---|---|
| Lender's Name | MIDLAND STATES BANK |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | 2,500,000 |
| Balance Due | 1,623,205 |
| Date of Note | 2024-09 |
| Maturity Date | 2030-09 |
| Repayment Terms | MONTHLY PMTS |
| Interest Rate | 0000000000.066700000000 |
| Security Provided by Borrower | REAL ESTATE |
| Purpose of Loan | BULDING CONSTRUCTION |
| Description of Lender Consideration | |
| Consideration FMV | 2500000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PURCHASED FOOD AND SHIPPING | 3,377,298 | |||
| OPERATING SUPPLIES | 53,370 | |||
| TELEPHONE | 22,075 | |||
| OUTSIDE HELP | 115,104 | |||
| BANK AND CREDIT CARD FEES | 127,322 | |||
| INSURANCE | 180,615 | |||
| OFFICE SUPPLIES AND EXPENSES | 23,915 | |||
| LICENSES AND PERMITS | 9,117 | |||
| OTHER OPERATING EXPENSES | 41,597 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PROFESSIONAL FEES | 30,139 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 16,973 | |||
| PAYROLL TAXES | 169,751 | |||
| OTHER TAXES | 465 |