| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture & Equipment | 2,011 | 0 | 2,011 | 0 |
| Item No. | 1 |
|---|---|
| Lender's Name | Lone Williams |
| Lender's Title | Director |
| Original Amount of Loan | 6759 |
| Balance Due | 2640 |
| Date of Note | 2024-02 |
| Maturity Date | 2029-02 |
| Repayment Terms | Due at Maturity |
| Interest Rate | 1.0 |
| Security Provided by Borrower | None |
| Purpose of Loan | To start Orginazation |
| Description of Lender Consideration | cash |
| Consideration FMV | 0 |
| Item No. | 2 |
|---|---|
| Lender's Name | Estate of L P Williams |
| Lender's Title | Estate |
| Original Amount of Loan | 6699 |
| Balance Due | 6699 |
| Date of Note | 2024-01 |
| Maturity Date | 2029-01 |
| Repayment Terms | Due at Maturity |
| Interest Rate | 1.0 |
| Security Provided by Borrower | None |
| Purpose of Loan | Start new orginazation |
| Description of Lender Consideration | None |
| Consideration FMV | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Adversting | 779 | 0 | 0 | 0 |
| Bank service Charges | 80 | 0 | 0 | 0 |
| Shirts & Outfits | 152 | 0 | 0 | 0 |
| Legal & Professional | 548 | 0 | 0 | 0 |
| Office Expense | 57 | 0 | 0 | 0 |
| Training | 858 | 0 | 0 | 0 |
| Auto Expense | 26 | 0 | 0 | 0 |
| Supplies | 12,338 | 0 | 0 | 0 |
| Direct Service Expense | 1,575 | 0 | 0 | 0 |
| Food For Events | 1,203 | 0 | 0 | 0 |
| Work Shop Expense | 212 | 0 | 0 | 0 |