| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Glenn Peterson Accounting | 2,000 | 2,000 | ||
| Vikki Reed Accounting | 4,990 | 2,495 | 2,495 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Copier | 1999-04-30 | 2,375 | 2,375 | 200DB | 5.00 | ||||
| Land and Buildings | 2001-06-29 | 248,179 | 30,943 | SL | 39.00 | 3,390 | 3,390 | ||
| Computer | 2006-12-31 | 4,397 | 3,637 | 200DB | 5.00 | 507 | 507 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Arizona Community Foundation | 200,000 | 200,000 |
| Frontline Limited (1,500 shares) | 80,043 | 17,250 |
| Kinross Gold Corp (1,000 shares) | 23,286 | 16,340 |
| Nordic American Tankers (500 shares) | 20,547 | 10,240 |
| Penn West Energy Trust (2,065 shares) | 70,718 | 46,070 |
| Perpetual Energy (Paramount Energy)(2,000 shs) | 32,852 | 6,822 |
| Provident Energy (2,250 shares) | 27,872 | 19,957 |
| Teekay Tankers (1,000 shares) | 11,529 | 8,190 |
| Yamana Gold (1,350 shares) | 21,566 | 17,523 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| Penn VA Resources | 14,331 | 13,860 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Office Equipment - Copier | 2,375 | 2,375 | ||
| Land and Buildings | 248,179 | 36,708 | 211,471 | |
| BSA Business Solutions | 4,397 | 4,144 | 253 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Michael Pietzsch Legal assistance | 600 | 600 | ||
| Tom Schumard Legal assistance | 542 | 542 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative | 1,550 | 1,550 | ||
| Dues & Subscriptions | 1,240 | 1,240 | ||
| Insurance | 1,767 | 1,767 | ||
| Maintenance | 881 | 881 | ||
| Mileage | 730 | 730 | ||
| Office Supplies | ||||
| Deductions from K-1's | 2,810 | 2,810 | 2,810 | |
| Gain/Loss frmom K-1's | 81 | 81 | 81 | |
| Business losses from K-1's | 1,508 | 1,508 | 1,508 | |
| Payroll Processing Fees | 1,069 | 1,069 | ||
| Postage | 155 | 155 | ||
| Service Charges | ||||
| Storage | 474 | 474 | ||
| Telephone | ||||
| Workers Compensation | 268 | 268 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Other income from K-1's | 5,041 | 5,041 | |
| Royalities from K-1's | 123 | 123 | |
| Class Action Settlements | 785 | 785 | |
| Rent from K-1's | 111 | 111 |
| Description | Amount |
|---|---|
| Capital gain net income | 20,137 |
| Prior Year | 359 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Maureen Stansberry Other | 300 | 300 | ||
| Ron Hulme Investment | 150 | 150 | ||
| Baskin & Assoc Other | 121 | 121 | ||
| Melissa Reddy Other | 100 | 100 | ||
| Michael Petzsch Other | 300 | 300 | ||
| Mel Richards Other | 300 | 300 | ||
| Glenn Peterson Other | 150 | 150 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Arizona Corp Commission | 10 | 10 | ||
| Payroll Taxes | 3,025 | 3,025 | ||
| Property Taxes | 9,248 | 9,248 | 9,248 | |
| Taxes - dividends | 751 | 751 |