| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 7,158 | 0 | 0 | 0 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| LEASEHOLD IMPROVEMENTS | 2022-06-27 | 22,356 | 3,354 | SL | 10 | 2,236 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 527,000 | 527,000 | 0 | 611,800 |
| LEASEHOLD IMPROVEMENTS | 22,356 | 5,590 | 16,766 | 19,002 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 1,210 | 0 | 0 | 0 |
| Item No. | 1 |
|---|---|
| Lender's Name | MEMBER LOANS |
| Lender's Title | |
| Original Amount of Loan | |
| Balance Due | 2251 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Item No. | 1 |
|---|---|
| Lender's Name | SBA LOAN |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | |
| Balance Due | 423,324 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Item No. | 2 |
|---|---|
| Lender's Name | DECD LOAN |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | |
| Balance Due | 163,350 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Item No. | 3 |
|---|---|
| Lender's Name | HEDCO LOAN |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | |
| Balance Due | 20,889 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 7,580 | 0 | 0 | 0 |
| BANK CHARGES | 550 | 0 | 0 | 0 |
| OFFICE EXPENSES | 3,062 | 0 | 0 | 0 |
| CLEANING | 960 | 0 | 0 | 0 |
| CONTRACTORS | 58,894 | 0 | 0 | 0 |
| DUES & SUBSCRIPTIONS | 200 | 0 | 0 | 0 |
| PROGRAMS & EVENTS EXPENSES | 15,695 | 0 | 0 | 0 |
| GENERAL SUPPLIES | 4,938 | 0 | 0 | 0 |
| INSURANCE | 57,311 | 0 | 0 | 0 |
| MERCHANT ACCOUNT FEES | 4,266 | 0 | 0 | 0 |
| NETWORKING | 3,875 | 0 | 0 | 0 |
| PAYROLL PROCESSING FEES | 6,431 | 0 | 0 | 0 |
| REPAIRS & MAINTENANCE | 14,123 | 0 | 0 | 0 |
| SECURITY & ALARM EXPENSE | 2,049 | 0 | 0 | 0 |
| UTILITIES | 67,594 | 0 | 0 | 0 |
| EVENT ALCOHOL | 43,778 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MEMBERSHIP DUES | 30,523 | 0 | 0 |
| PROGRAMS & EVENTS | 73,869 | 0 | 0 |
| RESTAURANT SALES | 126,739 | 0 | 0 |
| OTHER INCOME | 1,289 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PROFESSIONAL FEES | 1,487 | 0 | 0 | 0 |
| INSPECTIONS | 1,130 | 0 | 0 | 0 |
| PERMITS | 1,034 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 18,219 | 0 | 0 | 0 |
| SALES TAX | 1,728 | 0 | 0 | 0 |
| FEDERAL TAX PENALTY | 440 | 0 | 0 | 0 |
| PAYROLL TAXES | 2,122 | 0 | 0 | 0 |