| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| CODB OPERATING LEASE | 2022-10-01 | 21,603,644 | 981,984 | 44.0000 | 490,992 | 1,472,976 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| GOLF CART | 2022-03-01 | 20,295 | 10,485 | S/L | 5.0000 | 4,059 | |||
| COOL NET FABRIC SHADES | 2022-09-30 | 39,654 | 7,931 | S/L | 10.0000 | 3,965 | |||
| CABINETS (2) | 2024-01-24 | 308 | 29 | S/L | 7.0000 | 44 | |||
| POOL VACUUM | 2024-02-09 | 1,635 | 218 | S/L | 5.0000 | 327 | |||
| POOL VACUUM | 2024-02-09 | 1,635 | 218 | STRAIGHT LINE | 5.0000 | ||||
| CABINETS | 2024-01-24 | 308 | 29 | STRAIGHT LINE | 7.0000 | ||||
| TRAILER | 2024-01-25 | 3,649 | 487 | STRAIGHT LINE | 5.0000 | ||||
| ISLAND GRILL | 2024-02-12 | 564 | 54 | STRAIGHT LINE | 7.0000 | ||||
| OUTDOOR GRILLS (2) | 2024-02-23 | 1,049 | 87 | STRAIGHT LINE | 7.0000 | ||||
| FREE STANDING HAND WASH STATION | 2024-05-22 | 1,982 | 94 | STRAIGHT LINE | 7.0000 | ||||
| PORTABLE BAR | 2024-05-23 | 552 | 26 | STRAIGHT LINE | 7.0000 | ||||
| OFFICE DESK | 2024-08-20 | 2,234 | 27 | STRAIGHT LINE | 7.0000 | ||||
| 20' STEEL STORAGE CONTAINER | 2024-09-06 | 5,050 | 60 | STRAIGHT LINE | 7.0000 | ||||
| OUTDOOR SECURITY CAMERAS (3) | 2024-07-15 | 8,485 | 424 | STRAIGHT LINE | 5.0000 | ||||
| GOLF CARTS (2) | 2022-06-29 | 35,400 | 15,930 | S/L | 5.0000 | 7,080 | |||
| GOLF CART | 2022-12-05 | 13,150 | 4,822 | S/L | 5.0000 | 2,629 | |||
| BROTHER OFFICE PRINTER | 2023-08-22 | 549 | 119 | S/L | 5.0000 | 110 | |||
| TRAILER | 2024-01-25 | 3,649 | 487 | S/L | 5.0000 | 729 | |||
| ISLAND GRILL | 2024-02-12 | 564 | 54 | S/L | 7.0000 | 80 | |||
| OUTDOOR GRILLS (2) | 2024-02-23 | 1,049 | 87 | S/L | 7.0000 | 150 | |||
| FREE STANDING HAND WASH STATION | 2024-05-22 | 1,982 | 94 | S/L | 7.0000 | 284 | |||
| PORTBLE BAR | 2024-05-23 | 552 | 26 | S/L | 7.0000 | 79 | |||
| OUTDOOR SECFURITY CAMERAS (3) | 2024-07-15 | 8,485 | 424 | S/L | 5.0000 | 1,697 | |||
| OFFICE DESK | 2024-08-20 | 2,234 | 27 | S/L | 7.0000 | 319 | |||
| 20' STEEL STORAGE CONTAINER | 2024-09-06 | 5,050 | 60 | S/L | 7.0000 | 722 | |||
| COMMERCIAL REFRIGERATOR | 2025-02-05 | 3,698 | S/L | 5.0000 | 493 | ||||
| COLOR COPY MACHINE | 2025-07-16 | 3,945 | S/L | 5.0000 | 132 | ||||
| MODULAR DESK | 2025-07-08 | 2,234 | S/L | 7.0000 | 80 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 144,433 | 63,772 | 80,661 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 130,663 | 130,663 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| CONSTRUCTION IN PROGRESS | 3,841,583 | 395,904 | 395,904 |
| DUE FROM BREF MANAGEMENT | 1,500 | ||
| RIGHT OF USE-OPERATING LEASES, NET | 27,377,940 | 30,190,122 | 30,190,122 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| A DECEMBER TO REMEMBER | ||||
| EQUIPMENT RENTAL | 158,367 | 158,367 | ||
| EXPENSES | ||||
| ADVERTISING AND PROMOTION | 76,513 | 76,513 | ||
| BANK FEES | 1,555 | 1,555 | ||
| DUES & SUBSCRIPTIONS | 15,819 | 15,819 | ||
| INSURANCE | 85,328 | 85,328 | ||
| LANDSCAPING | 724,774 | 724,774 | ||
| OFFICE SUPPLIES | 10,170 | 10,170 | ||
| REPAIR & MAINTENANCE | 207,678 | 207,678 | ||
| SECURITY EXPENSE | 326,087 | 326,087 | ||
| CUSTODIAL | 163,107 | 163,107 | ||
| MEALS | 281 | 281 | ||
| OTHER OPERATING EXPENSE | 15,638 | 15,638 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MEMBERSHIP DUES | 2,407 | 2,407 | |
| A DECEMBER TO REMEMBER | 75,000 | 75,000 | |
| OTHER INCOME | 3,580 | 3,580 | |
| SPECIAL EVENTS | 61,851 | 61,851 | |
| BURGOYNE SPONSORSHIP | 265,000 | 265,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| OPERATING LEASE LIABILITY | 759,044 | 476,465 |
| DEPOSITS | 1,456 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONTRACTOR/MGR | 80,400 | 80,400 | ||
| CONTRACTOR/ADMIN | 124,261 | 124,261 | ||
| EVENT MANAGEMENT | 48,073 | 48,073 | ||
| PAYROLL SERVICE FEES | 988 | 988 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LICENSES & PERMITS | 1,146 | 1,146 |