Actually I think this would fall under hobby status and was not run for profit. Additionally you could treat it as a for profit company that made no money. Income - Expenses = 0. But really the IRS could care less about something like this that is obviously not for profit 501c3 status or not.
Donald Trump: “ Black guys counting my money! I hate it. The only kind of people I want counting my money are short guys wearing yarmulkes… Those are the only kind of people I want counting my money. Nobody else…Besides that, I tell you something else. I think that’s guy’s lazy. And it’s probably not his fault because laziness is a trait in blacks.”