The Carolina Boys Quartet Inc

“Expenses website hosting 249 postage and shipping 19 travel expense 119 interest expense 880 insurance expense 540 bank charges 105 bus leasing 6,752 bus repairs/maintenance 2,269 contract services 500 credit card/paypal fees 21 fuel expense 96 meal expense 36 taxes and licenses 52 telephone expense 195 non-investment depreciation 278 total 12,111”

“Prepaid expenses and deferred charges 13,800 0 equipment 3,354 3,354 less accumulated depreciation 2,525 2,803 trademark 12,000 12,000 less accumulated amortization 8,800 9,600 security deposit 0 0 total 17,829 2,951”

“Accounts payable and accrued expenses 10,429 0 unsecured notes and loans payable 25,000 0”

“The carolina boys quartet exists to promote christianity by presenting the gospel of jesus christ through the singing of southern gospel music and by the personal testimony of the group's members. Concert performances, primarily in churches, allow us the opportunity to use our gifts and talents in ministry. The group also organizes and participates in special events each year, often combining with other performers, to reach a larger audience. The group produces recording projects for sale, which provides additional funds to enable our ministry.”

“Quartet made concert presentations in churches and other venues to promote the gospel of jesus christ. Various operating expenses were incurred to allow the organization to perform its work.”