| Item No. | 1 |
|---|---|
| Lender's Name | Dereck D Curtis |
| Lender's Title | Owner |
| Original Amount of Loan | 15000 |
| Balance Due | 14250 |
| Date of Note | 2025-10 |
| Maturity Date | 2026-12 |
| Repayment Terms | Min pay $750 due by 20th of month until paid in full by 12 31 2026. |
| Interest Rate | |
| Security Provided by Borrower | Signed contract; unsecured |
| Purpose of Loan | Provide funding to support budget gap |
| Description of Lender Consideration | Lender recognizes org cash flow is seasonal and may extend repayment timeframe without penalty |
| Consideration FMV | 14250 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Loan Repayment | 750 | 0 | 0 | 0 |
| Event Ticket and Vendor Refunds | 1,616 | 0 | 0 | 0 |
| Office Supplies | 216 | 0 | 0 | 0 |
| Organization and Event Advertising and Marketing | 11,178 | 0 | 0 | 0 |
| Organization Memberships - Charles County Chamber | 200 | 0 | 0 | 0 |
| Subscription Services | 715 | 0 | 0 | 0 |
| Volunteer Expenses | 1,592 | 0 | 0 | 0 |
| Artists Performers Contract Expenses | 15,200 | 0 | 0 | 0 |
| Event Management and Production Fees | 18,754 | 0 | 0 | 0 |
| Event Cash Prizes | 400 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Promoters of Performing Arts, Sports, and Similar Events without Facilities | 28,515 | 0 | 0 |
| Description | Amount |
|---|---|
| Private Loan | 15,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BMI Licensing Fees | 437 | 0 | 0 | 0 |
| Tax Filing Fee | 17 | 0 | 0 | 0 |
| Bank Service Fee | 25 | 0 | 0 | 0 |
| State Corporation Commission | 25 | 0 | 0 | 0 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| Community Festival T-shirt Sales | 160 | 71 | 89 |