| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 31,113 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 3,336,697 | 3,336,697 | 3,336,697 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 4,903 |
| Item No. | 1 |
|---|---|
| Lender's Name | MIDLAND STATES BANK |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | 2,500,000 |
| Balance Due | 1,563,205 |
| Date of Note | 2024-09 |
| Maturity Date | 2030-09 |
| Repayment Terms | MONTHLY PMTS |
| Interest Rate | 0000000000.066700000000 |
| Security Provided by Borrower | REAL ESTATE |
| Purpose of Loan | BULDING CONSTRUCTION |
| Description of Lender Consideration | |
| Consideration FMV | 2500000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PURCHASED FOOD AND SHIPPING | 3,266,107 | |||
| OPERATING SUPPLIES | 12,434 | |||
| TELEPHONE | 26,036 | |||
| OUTSIDE HELP | 96,153 | |||
| BANK AND CREDIT CARD FEES | 75,619 | |||
| INSURANCE | 232,338 | |||
| OFFICE SUPPLIES AND EXPENSES | 10,995 | |||
| LICENSES AND PERMITS | 16,677 | |||
| OTHER OPERATING EXPENSES | 42,611 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PROFESSIONAL FEES | 17,723 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 38,183 | |||
| PAYROLL TAXES | 168,727 | |||
| OTHER TAXES | 86 |