Personal Energy Transportation of Austin

“This was a joint fundraising campaign with the Cedar Park Lions Club. The Lions Club managed the fundraising campaign and bore all of the expenses. MW-Austin received a check for the profit split from the boxes of peaches sold directly by MW-Austin.”

“The carts built by MW-Austin are given away at no cost to the recipients so there are no gross sales of inventory. 7b represents the direct cost of buying raw materials (steel, resin bodies, tires, bearings, inbound shipping cost, etc.) to manufacture the carts.”

“These expenses include normal shop related expenses (shop supplies, expendable small tools, welding gas and wire, etc. There are two large expenses that need further explanation: 1) The bodies used for the carts are spun cast resin bodies. There were modifications needed to be made to the dies used to spin cast the bodies to improve performance and usability. the dost for these modifications was $6000. 2)The primary recipient for the MW-Austin carts is the Somebody Cares Ministry in Lilongwe Malawi (local NGO in Malawi). The carts are shipped to them in 40 ft. shipping containers. Total container cost was $18,861.76 including cost of the container, obtaining a sea-worthy certificate, shipping and crane rental to load the container on a truck to transport to the port.”

“We have filed the 990-N postcard since 2020, so this number (reflected in Part II Column A) is based upon the 2024 year end balance sheet generated from the accounting software used.”

“We have filed the 990-N postcard since 2020, so this number so Column A, Line 22 is based upon the 2024 year end balance sheet generated from the accounting software used.”

“We have filed the 990-N postcard since 2020, so this number so Column A, Line 23 is based upon the 2024 year end balance sheet generated from the accounting software used.”

“At the end of the year there were 15 completed carts on hand and the balance is an estimate of manufactured unassembled components and raw material inventory. Production and operation was limited in 2025 so the numbers for 2024 and 2025 are the same.”

“The only liability is the year end credit card balance.”

“Line 28: In July, a 40-foot container of 184 carts was shipped to the Somebody Cares Ministry in Lilongwe Malawi (in country NGO distribution partner). Fifteen carts were built in the Austin shop, and the balance came from shops in San Antonio, Columbia MO and West Michigan. The value of the carts is $400 (cost of materials to build and inbound shipping cost) and the shipping cost was $18,861.76 (cost of the container, shipping cost and crane rental to load the container on a truck taking it to the port) We raised the funds to cover the costs of our carts and the shipping container cost. The cost associated with the carts from the other shops will be reflected in their filings.”

“Scott Sell made monthly contributions totaling $7950 specifically to assist with rent. In addition he contributed $6480 for the purchase of 50 resin bodies. Scott's total contribution was $14430. Ed Turner made a single contribution of $3750 for general use by the organization and a contribution of $6000 for the modification of the dies used to spin cast the resin bodies. Ed's total contribution was $9750.”