| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 7,450 | 7,450 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| SEE DEPRECIATION LISTING | 1,134 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| SEE DEPRECIATION SCHEDULE | 772,777 | 11,344 | 761,433 | 761,433 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 1,000 | 1,000 |
| Item No. | 1 |
|---|---|
| Lender's Name | GULF COAST BANK |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | 570,000 |
| Balance Due | 569,062 |
| Date of Note | 2024-05 |
| Maturity Date | 2044-05 |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | 8220 GOODWOOD BLVD |
| Purpose of Loan | OFFICE BUILDING |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 2,019 | 2,019 | ||
| COMPUTER EXPENSE | 16,324 | 16,324 | ||
| CONTRACT LABOR | 90,092 | 90,092 | ||
| INSURANCE | 2,742 | 2,742 | ||
| MARKETING | 26,006 | 26,006 | ||
| MEETINGS MEALS | 9,046 | 9,046 | ||
| MEMBERSHIP DUES | 3,704 | 3,704 | ||
| OFFICE SUPPLIES | 36,846 | 36,846 | ||
| PRINTING POSTAGE | 308 | 308 | ||
| TELEPHONE | 2,298 | 2,298 | ||
| TRAINING | 10,094 | 10,094 | ||
| MANAGEMENT FEES | 1,207 | 1,207 | ||
| SPECIAL EVENT EXP | 29,847 | 29,847 | ||
| RENTAL EXPENSE UBTI REPORTED ON 990-T | 72,050 | 72,050 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| RENTAL INCOME UBTI REPORTED ON FORM 990-T | 34,850 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 9,500 | 9,500 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAX | 31,057 | 31,057 | ||
| SECRETARY OF STATE | 210 | 210 | ||
| PROPERTY TAX | 1,057 | 1,057 |