| Return Reference | Explanation |
|---|---|
| FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY | INCOME: GROSS RECEIPTS: 80,678. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 52,189. GROSS PROFIT: 28,489. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 1,000. MERCHANDISE PURCHASED: 52,189. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 1,000. COST OF GOODS SOLD: 52,189. TOTAL TO FORM 990-EZ, LINE 14: 17,380. |
| FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE | DESCRIPTION: RENTAL OF CLUB'S FACILITY TO MEMBERS. AMOUNT: 11,931. |
| FORM 990-EZ, PART I, LINE 14 | DESCRIPTION: DEPRECIATION. AMOUNT: 1,229. DESCRIPTION: OTHER EXPENSES. AMOUNT: 16,151. |
| FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES | DESCRIPTION: OFFICE EXPENSE. AMOUNT: 2,592. DESCRIPTION: REPAIRS AND MAINTENANCE. AMOUNT: 771. DESCRIPTION: BANK FEE. AMOUNT: 660. DESCRIPTION: TAXES AND LICENSES. AMOUNT: 1,882. DESCRIPTION: INSURANCE. AMOUNT: 6,664. DESCRIPTION: ADVERTISING. AMOUNT: 605. DESCRIPTION: COMPUTER EXPENSE. AMOUNT: 1,362. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 859. DESCRIPTION: PAYROLL PROCESSING FEE. AMOUNT: 702. DESCRIPTION: PAYROLL TAXES. AMOUNT: 978. DESCRIPTION: PEST CONTROL. AMOUNT: 1,584. DESCRIPTION: TRASH SERVICES. AMOUNT: 1,780. DESCRIPTION: INTERNET AND CABLE. AMOUNT: 3,016. DESCRIPTION: AUTO EXPENSE. AMOUNT: 2,562. DESCRIPTION: MUSIC AND ENTERTAINMENT. AMOUNT: 43. TOTAL TO FORM 990-EZ, LINE 16: 26,060. |
| FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS | DESCRIPTION: INVENTORY. BEG. OF YEAR AMOUNT: 1,000. END OF YEAR AMOUNT: 1,000. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 4,811. END OF YEAR AMOUNT: 3,582. |
| FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES | DESCRIPTION: LOAN PAYABLE. BEG. OF YEAR AMOUNT: 3,163. END OF YEAR AMOUNT: 1,643. DESCRIPTION: SALES TAX PAYABLE. BEG. OF YEAR AMOUNT: 494. END OF YEAR AMOUNT: 2,993. |
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