| Return Reference | Explanation |
|---|---|
| FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY | INCOME: GROSS RECEIPTS: 90,617. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 69,198. GROSS PROFIT: 21,419. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 3,425. MERCHANDISE PURCHASED: 65,727. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 2,253. OTHER COSTS: 1,218. INVENTORY AT END OF YEAR: 3,425. COST OF GOODS SOLD: 69,198. |
| FORM 990-EZ, PART I, LINE 7B - OTHER COSTS | DESCRIPTION: DEPRECIATION. AMOUNT: 1,218. |
| FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES | DESCRIPTION: OFFICE EXPENSE. AMOUNT: 1,669. DESCRIPTION: SUPPLIES. AMOUNT: 3,975. DESCRIPTION: BUSINESS LICENSES & PERMITS. AMOUNT: 1,749. DESCRIPTION: INSURANCE. AMOUNT: 7,546. DESCRIPTION: BARTENDER STIPENDS. AMOUNT: 15,077. DESCRIPTION: WATER. AMOUNT: 1,846. DESCRIPTION: ADVERTISING. AMOUNT: 500. DESCRIPTION: CLEANING. AMOUNT: 11,910. DESCRIPTION: AWARDS. AMOUNT: 1,000. TOTAL TO FORM 990-EZ, LINE 16: 45,272. |
| FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS | DESCRIPTION: CORRECTION OF PRIOR YEARS MORTGAGE BALANCE. AMOUNT: 2,740. |
| FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS | DESCRIPTION: INVENTORY. BEG. OF YEAR AMOUNT: 3,425. END OF YEAR AMOUNT: 3,425. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 3,607. |
| FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES | DESCRIPTION: LOANS FROM CURRENT AND FORMER OFFICERS. BEG. OF YEAR AMOUNT: 15,840. END OF YEAR AMOUNT: 11,440. DESCRIPTION: NOTE PAYABLE BANK 5. BEG. OF YEAR AMOUNT: 30,205. END OF YEAR AMOUNT: 23,840. DESCRIPTION: STATE MEALS & CLUB TAX PAYABLE. BEG. OF YEAR AMOUNT: 642. END OF YEAR AMOUNT: 368. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 7,837. END OF YEAR AMOUNT: 6,135. |
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