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        <PersonNm>FRED DONNELLY</PersonNm>
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          <State>NJ</State>
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        <ExplanationTxt>INCOME: GROSS RECEIPTS: 10,534. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 3,525. GROSS PROFIT: 7,009. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 5,978. MERCHANDISE PURCHASED: 0. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 2,453. COST OF GOODS SOLD: 3,525.</ExplanationTxt>
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        <ExplanationTxt>DESCRIPTION: SUPPLIES - PAPER INVENTORY. BEG. OF YEAR AMOUNT: 5,978. END OF YEAR AMOUNT: 2,453.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES</FormAndLineReferenceDesc>
        <ExplanationTxt>DESCRIPTION: DUE TO MICHAEL WEISS. BEG. OF YEAR AMOUNT: 7,230. END OF YEAR AMOUNT: 630. DESCRIPTION: DUE TO NYIADA. BEG. OF YEAR AMOUNT: 350. END OF YEAR AMOUNT: 0. DESCRIPTION: DUE TO PAULA FRENDEL. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 215. DESCRIPTION: ACCRUED SALES TAX PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 668.</ExplanationTxt>
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