Arboretum Silverleaf Income Fund, L.P.

CIK:0001672773|SEC Filings

Statements of Operations - USD ($)	12 Months Ended
Statements of Operations - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Revenue
Finance income	$ 699,512	$ 1,238,947
Interest income	20,479	66,881
Total Revenue	719,991	1,305,828
Impairment and change in allowance for credit losses	(789,145)	(875,000)
Revenue, net	(69,154)	430,828
Expenses
Management fees - Investment Manager	600,000	750,000
Interest expense	1,264	281,523
Professional fees	429,508	801,702
Administration expense	132,447	171,249
Other expenses	16,978	7,115
Total Expenses	1,180,197	2,011,589
Net loss	(1,249,351)	(1,580,761)
Net loss attributable to the Partnership
Limited Partners	(1,236,857)	(1,564,953)
General Partner	(12,494)	(15,808)
Net loss attributable to the Partnership	$ (1,249,351)	$ (1,580,761)
Weighted average number of limited partnership interests outstanding	2,521,050.83	2,526,051.55
Net loss attributable to Limited Partners per weighted average number of limited partnership interests outstanding	$ (0.49)	$ (0.62)

Statements of Cash Flows - USD ($)	12 Months Ended
Statements of Cash Flows - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Cash flows from operating activities:
Net loss	$ (1,249,351)	$ (1,580,761)
Adjustments to reconcile net loss to net cash provided by operating activities:
Impairment and change in allowance for credit losses	789,145	875,000
Change in operating assets and liabilities:
Other assets	903,453	1,705,394
Accounts payable and accrued liabilities	(93,560)	73,741
Accrued interest on loan payable	(5,431)	(44,041)
Security deposit payable	(25,000)	(24,391)
Deferred revenue	(69,921)	(193,838)
Net cash provided by operating activities	249,335	811,104
Cash flows from investing activities:
Change in leases, net	5,011,412	6,076,515
Collateralized loans receivables, net of amortization, prepayments and satisfactions	168,569	702,322
Net cash provided by investing activities	5,179,981	6,778,837
Cash flows from financing activities:
Cash received from loan payable		2,050,000
Repayments of loan payable	(542,444)	(9,647,388)
Cash paid for Limited Partner distributions	(3,616,819)	(217)
Cash paid for Limited Partner redemptions	(6,340)	(37,526)
Net cash used in financing activities	(4,165,603)	(7,635,131)
Net increase (decrease) in cash and cash equivalents	1,263,713	(45,190)
Cash and cash equivalents, beginning of year	149,490	194,680
Cash and cash equivalents, end of year	1,413,203	149,490
Supplemental disclosure of other cash flow information:
Cash paid for interest	6,695	325,565
Supplemental disclosure of non-cash investing and financing activities:
Distributions payable to General Partner	46,528
Distributions payable to Limited Partners	1,035,979
Reclassification of investment in finance lease to other assets	1,200,601	1,867,840
Reclassification of other assets to investment in finance leases	96,000
Adoption of CECL	$ (246,000)

Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	$ 1,413,203	$ 149,490
Investments in finance leases, net of allowance for credit losses of $82,000 and $0, respectively	3,442,636	9,804,649
Collateralized loans receivable, including accrued interest of $1,019 and $2,625, respectively	100,074	268,643
Other assets	4,497,008	5,085,005
Total Assets	9,452,921	15,307,787
Liabilities:
Accounts payable and accrued liabilities	216,839	310,399
Loan payable, including accrued interest of $0 and $5,431, respectively		547,875
Security deposit payable	75,000	100,000
Deferred revenue	526,677	596,598
Total Liabilities	1,950,358	1,604,207
Partners’ Equity (Deficit):
Limited Partners	7,655,028	13,797,023
General Partner	(152,465)	(93,443)
Total Equity	7,502,563	13,703,580
Total Liabilities and Partners’ Equity	9,452,921	15,307,787
Limited Partner [Member]
Liabilities:
Distributions payable to Partner	1,035,979
Partners’ Equity (Deficit):
Total Equity	7,655,028	13,797,023
General Partner [Member]
Liabilities:
Distributions payable to Partner	95,863	49,335
Partners’ Equity (Deficit):
Total Equity	$ (152,465)	$ (93,443)