| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| LEASEHOLD IMPROVEMENTS | 2024-01 | PURCHASED | 2024-12 | 23,697 | COST | 0 | -10,399 | 13,298 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 8,610 | 0 | 8,610 | 0 |
| Item No. | 1 |
|---|---|
| Lender's Name | PNC EQUIPMENT FINANCE LLC |
| Lender's Title | |
| Relationship to Insider | NONE |
| Original Amount of Loan | 195,000 |
| Balance Due | 7,114 |
| Date of Note | 2020-01 |
| Maturity Date | 2025-02 |
| Repayment Terms | 60 CONSECUTIVE MONTHLY INSTALLMENTS |
| Interest Rate | 3.800000000000 |
| Security Provided by Borrower | TERM NOTE |
| Purpose of Loan | FINANCE EQUIPMENT FOR EXEMPT PURPOSE |
| Description of Lender Consideration | XEVO TQ-S MICRO SYSTEM |
| Consideration FMV | 195000 |
| Item No. | 2 |
|---|---|
| Lender's Name | PNC EQUIPMENT FINANCE LLC |
| Lender's Title | |
| Relationship to Insider | NONE |
| Original Amount of Loan | 254,404 |
| Balance Due | 97,347 |
| Date of Note | 2021-09 |
| Maturity Date | 2026-10 |
| Repayment Terms | 60 CONSECUTIVE MONTHLY INSTALLMENTS |
| Interest Rate | 2.740000000000 |
| Security Provided by Borrower | TERM NOTE |
| Purpose of Loan | FINANCE EQUIPMENT FOR EXEMPT PURPOSE |
| Description of Lender Consideration | SCIEX X500-R |
| Consideration FMV | 254404 |
| Item No. | 3 |
|---|---|
| Lender's Name | PNC EQUIPMENT FINANCE LLC |
| Lender's Title | |
| Relationship to Insider | NONE |
| Original Amount of Loan | 237,436 |
| Balance Due | 158,316 |
| Date of Note | 2023-03 |
| Maturity Date | 2028-02 |
| Repayment Terms | 60 CONSECUTIVE MONTHLY INSTALLMENTS |
| Interest Rate | 5.860000000000 |
| Security Provided by Borrower | TERM NOTE |
| Purpose of Loan | FINANCE EQUIPMENT FOR EXEMPT PURPOSE |
| Description of Lender Consideration | XEVO TQ-S MICRO SYSTEM |
| Consideration FMV | 237436 |
| Item No. | 4 |
|---|---|
| Lender's Name | PNC EQUIPMENT FINANCE LLC |
| Lender's Title | |
| Relationship to Insider | NONE |
| Original Amount of Loan | 76,044 |
| Balance Due | 52,244 |
| Date of Note | 2023-03 |
| Maturity Date | 2028-03 |
| Repayment Terms | 60 CONSECUTIVE MONTHLY INSTALLMENTS |
| Interest Rate | 6.650000000000 |
| Security Provided by Borrower | TERM NOTE |
| Purpose of Loan | FINANCE EQUIPMENT FOR EXEMPT PURPOSE |
| Description of Lender Consideration | PYRO MARK Q48 |
| Consideration FMV | 76044 |
| Item No. | 5 |
|---|---|
| Lender's Name | PNC EQUIPMENT FINANCE LLC |
| Lender's Title | |
| Relationship to Insider | NONE |
| Original Amount of Loan | 101,100 |
| Balance Due | 55,948 |
| Date of Note | 2023-07 |
| Maturity Date | 2026-07 |
| Repayment Terms | 60 CONSECUTIVE MONTHLY INSTALLMENTS |
| Interest Rate | 6.890000000000 |
| Security Provided by Borrower | TERM NOTE |
| Purpose of Loan | FINANCE EQUIPMENT FOR EXEMPT PURPOSE |
| Description of Lender Consideration | AGILENT 8890 |
| Consideration FMV | 101100 |
| Item No. | 6 |
|---|---|
| Lender's Name | NORTHSTAR LEASING COMPANY |
| Lender's Title | |
| Relationship to Insider | NONE |
| Original Amount of Loan | 95,878 |
| Balance Due | 76,393 |
| Date of Note | 2023-10 |
| Maturity Date | 2028-09 |
| Repayment Terms | 60 CONSECUTIVE MONTHLY INSTALLMENTS |
| Interest Rate | 10.530000000000 |
| Security Provided by Borrower | TERM NOTE |
| Purpose of Loan | FINANCE EQUIPMENT FOR EXEMPT PURPOSE |
| Description of Lender Consideration | VWR EQUIPMENT |
| Consideration FMV | 95878 |
| Item No. | 7 |
|---|---|
| Lender's Name | DE LAGE LANDEN FINANCIAL SERVICES INC |
| Lender's Title | |
| Relationship to Insider | NONE |
| Original Amount of Loan | 286,903 |
| Balance Due | 184,564 |
| Date of Note | 2023-09 |
| Maturity Date | 2027-01 |
| Repayment Terms | 60 CONSECUTIVE MONTHLY INSTALLMENTS |
| Interest Rate | 6.490000000000 |
| Security Provided by Borrower | TERM NOTE |
| Purpose of Loan | FINANCE EQUIPMENT FOR EXEMPT PURPOSE |
| Description of Lender Consideration | SCIEXX500R PLATFORM |
| Consideration FMV | 286903 |
| Item No. | 8 |
|---|---|
| Lender's Name | PNC EQUIPMENT FINANCE LLC |
| Lender's Title | |
| Relationship to Insider | NONE |
| Original Amount of Loan | 480,639 |
| Balance Due | 473,764 |
| Date of Note | 2024-11 |
| Maturity Date | 2029-11 |
| Repayment Terms | 60 CONSECUTIVE MONTHLY INSTALLMENTS |
| Interest Rate | 6.080000000000 |
| Security Provided by Borrower | TERM NOTE |
| Purpose of Loan | FINANCE EQUIPMENT FOR EXEMPT PURPOSE |
| Description of Lender Consideration | XVEO TQ-S MICRO SYSTEM |
| Consideration FMV | 480639 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUST | 38,342 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MISCELLANEOUS | 28,037 | 0 | 28,037 | 0 |
| DUES AND SUBSCRIPTIONS | 12,302 | 0 | 10,682 | 1,620 |
| MARKETING AND PROMOTION | 14,530 | 0 | 8,722 | 5,808 |
| SCHOLARSHIPS AND DONATIONS | 12,998 | 0 | 2,500 | 10,498 |
| TRAINING AND DEVELOPMENT | 51,888 | 0 | 36,979 | 14,909 |
| SHIPPING AND FREIGHT | 35,742 | 0 | 1,224 | 34,518 |
| LICENSES | 50,365 | 0 | 6,057 | 44,308 |
| SERVICE CONTRACTS/SUPPORT | 198,609 | 0 | 0 | 198,609 |
| OFFICE EXPENSE / SUPPLIES | 67,509 | 0 | 9,734 | 57,775 |
| COURSES / LECTURE COSTS | 428,189 | 0 | 0 | 428,189 |
| STIPENDS AND CONSULTING | 170,234 | 0 | 20,000 | 150,234 |
| LAB SUPPLIES | 357,620 | 0 | 0 | 357,620 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| TUITION | 428,689 | 428,689 | |
| CONTINUING EDUCATION | 526,100 | 526,100 | |
| RESEARCH | 3,122,541 | 3,122,541 | |
| SERVICE | 197,537 | 197,537 | |
| SECTION 481(A) ADJUSTMENT | 99,269 | 99,269 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 208,113 | 0 | 45,739 | 162,374 |
| INVESTMENT FEES | 5,026 | 5,026 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 97,077 | 0 | 23,986 | 73,091 |