| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 5,182 | 5,182 |
| Person Name | Explanation |
|---|---|
| CHARLES R YOUNG | |
| CHARLES R YOUNG II | |
| CRAIG WILLIS |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 2001-06-06 | 152,455 | 34,660 | S/L | 39.0000 | 3,909 | |||
| DESKS | 2001-05-08 | 4,763 | 4,456 | S/L | 10.0000 | 307 | |||
| CHAIRS | 2001-06-06 | 6,939 | 6,494 | S/L | 10.0000 | 445 | |||
| SIDEBOARD TABLE | 2001-04-19 | 1,276 | 1,194 | S/L | 10.0000 | 82 | |||
| CONFERENCE TABLE | 2001-06-27 | 530 | 496 | S/L | 10.0000 | 34 | |||
| REFRIDERATOR | 2001-05-16 | 1,338 | 1,253 | S/L | 10.0000 | 85 | |||
| VACUUM | 2001-06-19 | 422 | 394 | S/L | 10.0000 | 28 | |||
| STAND | 2001-05-30 | 605 | 567 | S/L | 10.0000 | 38 | |||
| 24" TV/VCR/DVD | 2003-10-06 | 570 | 329 | S/L | 10.0000 | 29 | |||
| BLINDS FRONT DOOR | 2003-07-23 | 292 | 173 | S/L | 10.0000 | 14 | |||
| LAPTOP COMPUTER | 2004-12-16 | 1,560 | 1,404 | S/L | 5.0000 | ||||
| OPTIPLEX SOFTWARE | 2007-08-16 | 1,206 | 683 | S/L | 5.0000 | 242 | |||
| 7 CEILING FANS W. REMOTES | 2001-04-30 | 1,261 | 991 | S/L | 12.0000 | 105 | |||
| CARPET | 2001-05-10 | 2,123 | 1,668 | S/L | 12.0000 | 177 | |||
| PHONE SYSTEM | 2001-05-24 | 8,100 | 6,365 | S/L | 12.0000 | 675 | |||
| WOOD BLINDS | 2001-05-30 | 2,489 | 1,955 | S/L | 12.0000 | 207 | |||
| ALARM SYSTEM | 2001-05-30 | 989 | 776 | S/L | 12.0000 | 82 | |||
| OAK BASEBOARDS | 2001-06-12 | 1,166 | 875 | S/L | 12.0000 | 98 | |||
| SIGNS | 2001-09-27 | 2,785 | 1,972 | S/L | 12.0000 | 232 | |||
| LAND | 2001-02-27 | 87,750 | |||||||
| COPIER | 2009-07-13 | 1,622 | 973 | 200DB | 5.0000 | 259 |
| Employee | Explanation |
|---|---|
| MICHAEL-ANNE YOUNG |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| ITT CORP 200 SH | 2010-01 | PURCHASE | 2011-01 | 12,162 | 10,003 | 2,159 | ||||
| PIONEER NATL 500 SH | 2010-03 | PURCHASE | 2011-04 | 51,525 | 26,165 | 25,360 | ||||
| BAXTER INTL 500 SH | 2002-11 | PURCHASE | 2010-10 | 24,266 | 14,872 | 9,394 | ||||
| BAXTER INTL 1000 SH | 2002-11 | PURCHASE | 2011-04 | 54,320 | 39,160 | 15,160 | ||||
| BAXTER INTL 1200 SH | 2010-04 | PURCHASE | 2011-04 | 65,191 | 46,998 | 18,193 | ||||
| CHESAPEAKE ENG CORP 1600 SH | 2007-12 | PURCHASE | 2011-02 | 48,034 | 60,808 | -12,774 | ||||
| HALLIBURTON CO 1700 SH | 2007-04 | PURCHASE | 2010-07 | 50,941 | 54,701 | -3,760 | ||||
| HALIBURTON CO 700 SH | 2007-04 | PURCHASE | 2011-03 | 31,969 | 22,127 | 9,842 | ||||
| HALLIBURTON CO 900 SH | 2010-02 | PURCHASE | 2011-03 | 41,102 | 28,452 | 12,650 | ||||
| KRAFT FOODS 2500 SH | 2008-10 | PURCHASE | 2011-03 | 78,652 | 67,020 | 11,632 | ||||
| PARKER-HANNIFIN 700 SH | 2009-07 | PURCHASE | 2010-12 | 59,752 | 33,194 | 26,558 | ||||
| PEPSICO 1100 SH | 2008-06 | PURCHASE | 2010-08 | 71,437 | 6,982 | 64,455 | ||||
| RALCORP HLDGS 1500 SH | 2009-04 | PURCHASE | 2011-05 | 123,758 | 81,416 | 42,342 | ||||
| RALCORP HLDGS 1300 SH | 2009-04 | PURCHASE | 2011-05 | 117,050 | 70,568 | 46,482 | ||||
| 3M CO. 800 SH | 2006-01 | PURCHASE | 2010-07 | 68,625 | 58,610 | 10,015 | ||||
| 3M CO. 1100 SH | 2006-01 | PURCHASE | 2010-10 | 98,251 | 80,765 | 17,486 | ||||
| TE CONN LTD 3200 SH | 2009-06 | PURCHASE | 2011-01 | 114,772 | 52,429 | 62,343 | ||||
| VULCAN MAT CO. 885 SH | 2008-06 | PURCHASE | 2010-08 | 32,771 | 62,099 | -29,328 | ||||
| VULCAN MAT CO. 400 SH | 2008-06 | PURCHASE | 2010-08 | 14,812 | 28,057 | -13,245 | ||||
| VULCAN MAT CO. 215 SH | 2008-06 | PURCHASE | 2010-08 | 7,961 | 15,080 | -7,119 | ||||
| VULCAN MAT CO. 1000 SH | 2009-07 | PURCHASE | 2010-08 | 37,029 | 43,248 | -6,219 | ||||
| VULCAN MAT CO. 700 SH | 2009-07 | PURCHASE | 2010-08 | 25,920 | 30,267 | -4,347 | ||||
| VULCAN MAT CO. 600 SH | 2009-07 | PURCHASE | 2010-08 | 22,217 | 25,942 | -3,725 | ||||
| YUM BRANDS 1000 SH | 2003-09 | PURCHASE | 2010-09 | 43,794 | 15,300 | 28,494 | ||||
| YUM BRANDS 2000 SH | 2003-09 | PURCHASE | 2010-12 | 100,871 | 30,600 | 70,271 | ||||
| BOA INTERNOTES 50000 | 2001-03 | PURCHASE | 2011-03 | 50,000 | 50,000 | |||||
| GANNETT CO 250000 | 2006-08 | PURCHASE | 2011-06 | 250,000 | 254,361 | -4,361 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| COMCAST CORP NEW 6.5%15 NT DUE 01/15 | 333,755 | 343,193 |
| GE CAPITAL 5.4%17 BONDS DUE 02/15/17 | 314,954 | 327,511 |
| BANK OF AMERICA INTERNOTES 6.550% 3 | ||
| GANNETT CO 5.750% 6/1/11 | ||
| HOUSEHOLD FIN CO 6.10%11 INTERNOTES | 96,000 | 101,208 |
| CATERPILLAR FIN 4.75%12 POWERNOTES D | 250,000 | 256,036 |
| GOLDMAN SACHS 5.25%13 DUE 10/15/13 | 249,837 | 266,367 |
| PITNEY BOWES INC 4.75%18 DUE 05/15/1 | 309,010 | 306,156 |
| SBC COMMUNICATIONS 5.1%14 NOTES DUE | 250,875 | 275,033 |
| WELLPOINT 5.25%16 NOTES DUE 01/15/16 | 257,473 | 278,222 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ACCENTURE PLC IRELAND 4700 SHARES | 147,809 | 283,974 |
| AES CORP 16100 SHARES | 147,820 | 205,114 |
| AMERICAN EXPRESS 2100 SHARES | 58,254 | 108,570 |
| BNK NY MELLON CORP 7000 SHARES | 179,871 | 179,340 |
| BAXTER INTERNATIONAL 1900 SHARES | 81,232 | 113,411 |
| BERKSHIRE HATHAWAY 1200 SHARES | 51,007 | 92,868 |
| BOEING COMPANY 3000 SHARES | 214,008 | 221,790 |
| CHESAPEAKE ENERGY CORP 6600 SHARES | 150,671 | 195,954 |
| COVIDIEN 3900 SHARES | 157,243 | 207,597 |
| EQUIFAX 6000 SHARES | 126,372 | 208,320 |
| GENERAL ELECTRIC CO. 7300 SHARES | 247,987 | 137,678 |
| GOODRICH CORP 2400 SHARES | 184,393 | 229,200 |
| HALLIBURTON CO 4300 SHARES | 121,591 | 219,300 |
| HEWLETT PACKARD 2100 SHARES | 90,684 | 76,440 |
| HSBC HOLDINGS 1841 SHARES | 120,123 | 91,350 |
| ITT CORPORATION 3300 SHARES | 171,720 | 194,469 |
| JP MORGAN CHASE 5009 SHARES | 135,084 | 205,068 |
| KRAFT FOODS 3200 SHARES | 88,561 | 112,736 |
| LIBERTY MEDIA INTERACTIVE A 6800 SHA | 86,704 | 114,036 |
| LIFE TECHNOLOGIES 4100 SHARES | 198,407 | 213,487 |
| LOEWS 2700 SHARES | 99,466 | 113,643 |
| LOWES 8100 SHARES | 177,623 | 188,811 |
| NALCO HOLDING CO. 4000 SHARES | 104,537 | 111,240 |
| PARKER-HANNIFIN 1100 SHARES | 52,161 | 98,714 |
| PEPSICO 0 SHARES | ||
| PIONEER NATIONAL 2000 SHARES | 113,168 | 179,140 |
| RALCORP HLDGS INC 0 SHARES | ||
| 3M CO. 1000 SHARES | 68,874 | 94,850 |
| TEXAS INSTRUMENTS 3800 SHARES | 125,588 | 124,754 |
| TYCO ELECTRONICS 5500 SHARES | 82,434 | 202,180 |
| TYCO INTERNATIONAL 1775 SHARES | 46,909 | 87,738 |
| VULCAN MATERIALS CO. 0 SHARES | ||
| WALMART 3400 SHARES | 159,044 | 180,676 |
| WHITE MOUNTAINS INSURANCE 430 SHARES | 174,512 | 180,669 |
| YAHOO 11900 SHARES | 158,430 | 178,976 |
| YUM BRANDS 0 SHARES |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE AND FIXTURES | 21,124 | 19,979 | 1,145 | 1,144 |
| BUILDINGS | 152,455 | 38,569 | 113,886 | 153,000 |
| IMPROVEMENTS | 18,912 | 16,178 | 2,734 | |
| LAND | 87,750 | 87,750 | 155,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 7,840 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| FINE ART | 12,933 | 12,933 | 12,933 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| HEALTH AND DENTAL INSURANCE | 14,816 | 14,816 | ||
| PAYROLL TAXES | 8,818 | 8,818 | ||
| TELEPHONE | 3,298 | 3,298 | ||
| OFFICE EXPENSE AND EQUIPMENT | 1,359 | 1,359 | ||
| COMM-INTERNET/DATABASE SUPPOR | 1,980 | 1,980 | ||
| UTILITIES | 2,147 | 2,147 | ||
| LOT ASSESSMENT | 1,877 | 1,877 | ||
| JANITORIAL | 920 | 920 | ||
| TEMPORARY OFFICE LABOR | 1,863 | 1,863 | ||
| DUES AND SUBSCRIPTIONS | 1,230 | 1,230 | ||
| POSTAGE AND DELIVERY | 439 | 439 | ||
| 501(C)(3) ORGANIZATION SUPPOR | 267 | 267 | ||
| WORKERS COMP | 476 | 476 | ||
| REPAIRS AND MAINTENANCE | 1,373 | 1,373 | ||
| BOARD MEETING EXPENSES | 265 | 265 | ||
| INVESTMENT INTEREST EXPENSE | 21,341 | 21,341 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | 3,978 | 4,309 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISOR FEES | 46,146 | 46,146 | ||
| INVESTMENT FEES | 295 | 295 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LICENSES AND FEES | 76 | 76 |