| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 2,165 | 121 | 2,044 |
| Person Name | Explanation |
|---|---|
| JEANEANA K O BLACK | |
| VAN MORRIS | |
| JERRY MORRIS | |
| DICK LANTER | |
| DONNA LANTER |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CHELSEA FINANCIAL STREET ACCOUNT | 12,401 | 12,500 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| HISTORIC FAEM BUILDINGS | 75,876 | 75,876 | 75,876 | |
| LAND | 400,000 | 400,000 | 2,000,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| REPAIRS | 195 | 195 | ||
| UTILITIES | 3,890 | 3,890 | ||
| MAINTENANCE | 960 | 960 | ||
| SUPPLIES | 2,560 | 2,560 | ||
| INSURANCE | 21,892 | 21,892 | ||
| MISC | 566 | 566 | ||
| COMMISIONS | 40,368 | 40,368 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| LAND INCOME GRAIN | 164,782 | 164,782 | |
| CATTLE INCOME | 11,385 | 11,385 | |
| AG PROGRAM PAYMENTS | 2,521 | 2,521 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CITIZENS STATE BANK LINE OF CREDIT | 93,299 | 123,300 |
| LOAN PAYABLE BLACK | 15 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 5,791 | 5,791 |