Gfi Learning Center

“| Other Revenues:, Amount:| GFI Learning Center was created by Glorified Fitness Incorporated GFI. GFI clients who purchase a fitness membership receive complimentary tutoring sessions every month which can be redeemed at GFI Learning Center. If the client who earns the session does not need to use it they can transfer it to anyone who does need it. Each session is worth $10. Seven 7 sessions were gifted to needy students. Tutoring sessions were also available for purchase by the general public for $10 per session. This is where the $320 in program service revenue came from 32 paid tutoring sessions., $0|”

“| Other Expenses:, Amount:| The $70 worth of complimentary tutoring sessions that was redeemed is listed as a benefit paid to or or members because there is a cost associated with providing this benefit staff members provide the tutoring., $0|”

“| Explanation:, BOYAmount:, EOYAmount:| Assets used by GFI Learning Center were purchased by GFI and were in use for tutoring services before GFI Learning Center was established so those assets have not been listed. The only operational expenses included are those for printing educational materials., $0, $0|”

“| Explanation:, BOYAmount:, EOYAmount:| GFI Learning Center is sharing a space with GFI and GFI is responsible for the rent utilities and maintenance this first year. In future years these expenses will be shared., $0, $0|”