Symerge

“Travel 3,277”

“Meals and entertainment 7”

“Conferences, conventions, and meetings 562”

“Interest 8,408”

“Supplies 394”

“Amortization 3,225”

“Depreciation 4,982”

“Credit card processing, bank registration fees 2,024”

“Camps Events supplies 550”

“IT Software 2,562”

“Write-down of Scor USA asset by 75 due to value destruction by Covid-19 disaster response -263,153”

“Write-off of Scor Sec. 197 asset due to value destruction by Covid-19 disaster response -2,410”

“Write-off of Scor Client list/Brand/DVD asset due to value destruction by Covid-19 disaster response -7,374”

“Write-off of Express Startup asset due to value destruction by Covid-19 disaster response -20,953”

“Write-down of 18-19 Audio Transport Equip asset by 75 due to value destruction by Covid-19 disaster response -4,122”

“Write-down of Instruments, Bowed-1 asset due to value destruction by Covid-19 disaster response -615”

“Allocation of Payroll Exp. to Scor Online asset acct. Intangible 23,764”

“Allocation of Payroll Expense to Scor Tour 2.0 asset acct. Intangible 10,915”

“Allocation of Payroll Expense to Primary Venue asset acct. Intangible 12,842”

“Allocation of Scor Other Expense to Primary Venue asset acct. Intangible 500”

“Inventory Beginning of year 7,284, End of year 7,284”

“Undeposited Funds Beginning of year 1,310, End of year 0”

“Fixed Assets Beginning of year 20,507, End of year 28,617”

“Intangible Assets Beginning of year 386,007, End of year 136,913”

“Accounts Payable Beginning of year 44,353, End of year 40,852”

“Credit Cards Beginning of year 1,767, End of year 5,726”

“Accrued Salaries Payroll Tax Beginning of year 43,447, End of year 10,709”

“Client Credits at year end due to pandemic-cancelled events Beginning of year 68,135, End of year 63,797”

“Commercial line of credit Beginning of year 9,000, End of year 44,000”

“PPP Loans Beginning of year 32,200, End of year 33,234”

“Payroll liabilities Beginning of year 3,809, End of year 1,781”

“Sales tax payable Beginning of year 6, End of year 0”

“Long Term Notes, Indvls. Beginning of year 302,514, End of year 299,292”

“Scor Camp Tour our national tour of 12 camps educational conferences was not able to be offered, due the overall Covid-19 pandemic environment, government declared emergencies and shutdowns, and the fact that most of our venues would not host our events. Previuosly served about 360 people. Served 0 in 2021. This represents a catastrophic loss for our organization and what weve built for many years, as represented by numerous asset write-offs/downs indicated in Part I Line 20. We will need to rebuild a tour differently in the future. We are grateful for the generous support of donors that sustained us through this difficult season, in addition to PPP loans that enabled payroll support for a period of time.”

“Express Program In this season, we recognized the loss of our intended clients schools. Schools are no longer viable clients for our Express program workshops, given their broad requirements which infringe on Expresss operational requirements and the needs of our staff. We plan to rebuild the Express brand and program completely different from the original iteration. 0 Clients served in 2021.”

“Scor String Experiences for Adults During the 2nd year of our national tour being shutdown see line 28 detail above, we began development of a comprehensive online program of educational opportunities. Held at the new website www.ScorStrings.com, clients can find online membership and course opportunities. Membership consists primarily of an educational video library, and live-interactive classes online. Multi-week courses are offered various times throughout the year, focusing on various string-playing techniques and also on specific pieces of music. The online program was launched to the public in Sept of 2021, near the end of our fiscal year. Approx. 45 people participated at that time. We also worked on plans for holding in-person events again, starting first with multiple events in our area. We also developed some plans and assets to prepare for future tours in other locations.”