| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| KAIZEN CPAS + ADVISORS | 4,150 | |||
| KAIZEN CPAS + ADVISORS- 2025 | 9,950 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| ARCHITECT FEES | 14,700 | 14,700 | 14,700 | |
| ARCHITECT FEES | 10,323 | 10,323 | 10,323 | |
| DARRELL ROAD ARCHIIECT FEES | 44,251 | 44,251 | 44,251 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| DEPOSITS - DARREL ROAD CONSTRUCTION | AT COST | 30,000 | 30,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND 36041 N FAIRFIELD | 109,500 | 109,500 | 109,500 | |
| LAND 24199 W IL ROUTE 60 | 230,000 | 230,000 | 230,000 | |
| LAND 27308,27430,27448 N DARRELL RD | 385,000 | 385,000 | 385,000 | |
| LAND 30760 N US HIGHWAY 12, VOLO | 250,000 | 250,000 | 250,000 | |
| LAND 28804 W ROBERTS, BARRINGTON | 670,000 | 670,000 | 670,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| MASS MUTUAL | 620,975 | 670,215 | 670,215 |
| FORETHOUGHT LIFE INSURANCE | 505,864 | 530,705 | 530,705 |
| AXA EQUITABLE | 596,737 | 596,737 | 596,737 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| EVENT EXPENSES | 160 | 160 | ||
| APPRAISAL COSTS | 2,500 | |||
| BANK FEES | 31 | 31 | ||
| OTHER TAXES | 427 | |||
| INTEREST EXPENSE | 5,497 | |||
| OFFICE EXPENSE | 337 | |||
| LANDSCAPING | 2,300 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ANNUITY INCOME | 94,088 | 94,088 | 94,088 |
| Item No. | 1 |
|---|---|
| Borrower's Name | JULIET RIM |
| Borrower's Title | |
| Original Amount of Loan | 280000 |
| Balance Due | 280000 |
| Date of Note | 2024-03 |
| Maturity Date | 2026-03 |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV | 280000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAX | 21,941 | |||
| FEDERAL TAX | 1,232 | 1,232 |