Trinity Foundation Inc.

“$7,200 was rent income from debt-free real property (an apartment)”

“In descending order--largest to least, other expenses include: autos $5,519; telephones $5,179; homeowner dues $1,200; real property depreciation $833; non-real property depreciation $792; property tax $649; bank charges and related $216; meet charitable need $194; insurance $29; computer hardware, software $22; bible study $21; sales taxes $12; reimbursements for repairs and other work done by TFI employees (-$1380); reimbursements for back copies of magazines and DVDs (-$638) = $12,647”

“Excluding salvage value, all other assets beside our condominium unit #109, 5631 Columbia Ave., have been fully depreciated. We expect that a significant amount of checks outstanding might not ever be cashed and this amount, in order to balance this form and because we lack the accounting skills, is established at $4,579”

“Additional loans adding up to $21,406 were made by Ole Anthony to the Foundation to continue the work of the foundation. Another $50,000 loan to the Foundation from Gene Phillips dating back to 1998 is still outstanding. Outstanding paychecks to Mr. Anthony totalling approximately $9,312 (to be cashed when we have the money) and additional outstanding checks totalling about $700 left us with a "negative" cash balance on our books of -$6,255 vs a positive bank balance of $3,757. The outstanding checks to Anthony are reflected here as an additional $9,312 loan to Anthony (now owed to Anthony $136,240, total loans $186,240).”