| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting Fees | 1,250 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Consulting Fees | 850 | 0 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Undeposited Funds | 3,000 | 3,000 | 3,000 |
| Description | Amount |
|---|---|
| PY Adjustment Acct Chng | 847 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| IT Services | 72 | 0 | 0 | 0 |
| Postage and Shipping | 470 | 0 | 0 | 0 |
| Office Supplies | 407 | 0 | 0 | 0 |
| Software | 950 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Other Income | 6,048 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| RR Fund Retreat | 80,140 | 80,140 |
| Payroll Funding - A.R. ASSOC | 200,000 | 200,000 |
| Truist Foundation Credit Card | 2,390 | 5,006 |
| Federal Unemployment 940 | 236 | 236 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Contractors | 93 | 0 | 0 | 0 |
| Item No. | 1 |
|---|---|
| Borrower's Name | ARDX Inc |
| Borrower's Title | Supporter |
| Original Amount of Loan | 159500 |
| Balance Due | 159500 |
| Date of Note | 2023-01 |
| Maturity Date | 2025-12 |
| Repayment Terms | Principal due at the end of 3 year term. |
| Interest Rate | 0.04 |
| Security Provided by Borrower | Building |
| Purpose of Loan | Start Up |
| Description of Lender Consideration | Ownership |
| Consideration FMV | 159500 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| Reddix Rules Program Cost | 0 | 1,000 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Taxes and Licenses | 325 | 0 | 0 | 0 |