Skip to content

Red Tab 203 — Financial Baselines (Schedule C 2017–2019) — Combined Operations & Displacement Pathway (Evidence‑Only)

GUARDRAIL: RED — FREEMAN STREET DAMAGES

Freeman Street opportunity-loss damages only. No G21 base damages, no enterprise multipliers.

0) Purpose & Scope (Red discipline)

This Part‑C technical foundation page consolidates filed IRS Schedule C gross‑receipts baselines (2017–2019) for combined operations:

  • 97 Green Street (G21) — Multi‑Media Production (Schedule C)
  • 66 Freeman Street (Karuna LLC) — Studios/operations (Schedule C)

It also documents the displacement pathway (G21 flood → compromised alternate housing → operations at Freeman) with links to the underlying Blue Tab 103 evidence.

Evidence‑only. No multipliers or scenario math here. All Red math remains in Red Tab 002 (per the Red control index).

1) Tax‑Verified Operating Baselines (2017–2019)

Source: IRS‑filed Schedule C (Form 1040) returns (accepted/e‑filed). Preparer: Janice Hayman (PTIN P01058125). (Return images on file.)

A) Green Street (G21) — Multi‑Media Production (Schedule C)

  • 2017: $61,199
  • 2018: $60,735
  • 2019: $64,460 (10 months pre‑flood; flood 2019‑10‑13)

3‑Year Average (Annual / Monthly): $62,131 / $5,177.5833 (do not round monthly; rounding occurs only at final totals in Tab 002).

B) Karuna LLC — Freeman Street (Schedule C)

  • 2017: $121,815
  • 2018: $123,100
  • 2019: $125,200

3‑Year Average (Annual / Monthly): $123,372 / $10,281.0000

C) Combined Operations (G21 + Freeman)

  • 3‑Year Average (Annual / Monthly): $185,503 / $15,458.5833

Use in Red: Counsel may (i) cite these baselines as capacity support for Red lanes 101–104, and/or (ii) use monthly baselines in Tab 002 when modeling pre‑/post‑loss deltas alongside acceptance and policy multipliers fixed in Red Tab 001. Red 203 itself computes no scenario dollars.

2) Displacement & Alternate‑Housing Context (evidence routing)

  • Event: G21 flood (2019‑10‑13) renders residence/studio uninhabitable.
  • Alternate housing: Vendor offer compromised; see Blue Tab 103 — Alternative Housing Costs (false/failed offer resource & receipts) for primary evidence.
  • Operational pivot: Post‑displacement operations anchored at Freeman Street.

Color discipline: The costs of alternate housing remain in Blue 103; the business‑operations consequence (combined‑ops baseline + displacement) is contextualized here in Red 203 and carried through Red lanes.

3) Blue‑Compliant vs Red‑Compliant Timelines (why split views)

  • Blue timelines must exclude Freeman/strategy/insurance content (kept in Blue 102).

  • Red timelines can include the full displacement path (below), because Red

    houses opportunity‑loss and integrated‑ops evidence. (The Red control affirms category pages are evidence‑only; math sits in Tabs 001/002.)

4) Evidence Timeline — Combined Operations & Displacement (Red‑Compliant)

gantt
    title Red 203 — Combined Ops Baseline & Displacement Pathway (Evidence Timeline)
    dateFormat  YYYY-MM-DD

    section Pre-Flood Operations
    Normal Operations (G21)                    :op1, 2017-01-01, 1017d
    Karuna LLC Operations (Freeman)            :op2, 2017-01-01, 1017d
    Tax Baselines Documented (Schedule C)      :tax, 2017-01-01, 1095d

    section Event & Displacement
    G21 Flood (Oct 13, 2019)                   :flood, 2019-10-13, 1d
    G21 Uninhabitable                           :habit, 2019-10-14, 120d
    Alternate Housing Offer (Compromised)       :alt1, 2019-11-01, 90d
    Operational Pivot to Freeman                :pivot, 2020-01-15, 540d

    section Documentation
    Bank/Invoice Evidence Collection            :docs, 2019-11-01, 240d
    Client/Engagement Communications Archive    :comm, 2019-11-01, 180d

Purpose: Visually locates the tax baselines alongside the displacement path that required operations at Freeman when alternate housing failed, without importing Blue dollars into Red.

5) Routing & Guardrails

  • Math governance (Red): All scenario math & multipliers → Red Tab 002; category weights fixed in Red Tab 001.
  • No double counting: Blue (G21 base damages) remains separate; this page does not restate Blue totals.
  • Cross‑refs:
    • Blue 102 (G21 business income) → points here for combined‑ops baselines.
    • Blue 103 (Alt housing) → evidences displacement; cited here, not copied.

6) Evidence Index (on file)

  • IRS Schedule C (2017–2019): G21 and Karuna LLC — e‑file acceptances.
  • Accountant: Janice Hayman, PTIN P01058125.
  • Alternate housing evidence: Blue 103 — offer materials, failure documentation, receipts.
  • Bank/AR/engagement records: communications archive (indexed in Red 201/202 where applicable).

END — Red Tab 203 — Financial Baselines (Schedule C 2017–2019) — Combined Operations & Displacement Pathway (Evidence‑Only) v1.1