| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting fees | 3,250 | 3,250 | 3,250 | 3,250 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Office furniture | 2008-10-27 | 1,530 | 464 | 58 | 14.29 % | 219 | |||
| Office furniture | 2008-12-01 | 1,430 | 434 | 58 | 14.29 % | 204 | |||
| 20" IMAC computer | 2007-09-27 | 1,779 | 1,246 | 54 | 20.00 % | 356 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Waste Mgmt Inc (bond) | 110,050 | 110,050 |
| Newmont Mining (bond) | 110,443 | 110,443 |
| Morgan Stanley (bond) | 148,006 | 148,006 |
| Altria Group (bond) | 54,223 | 54,223 |
| Shell Int'l Fin Co (bond) | 101,016 | 101,016 |
| Wal-Mart Stores Inc (bond) | 52,468 | 52,468 |
| Praxair Inc (bond) | 50,500 | 50,500 |
| Marathon Oil (bond) | ||
| Metlife Inc (bond) | 53,283 | 53,283 |
| Goldman Sachs Group (bond) | 50,976 | 50,976 |
| Con Edison (bond) | 77,940 | 77,940 |
| Cleveland Electric Illum (bond) | 111,982 | 111,982 |
| Comcast Corp (bond) | ||
| Berkshire Hathaway Fin (bond) | 53,112 | 53,112 |
| Amer Express Credit Co (bond) | 53,798 | 53,798 |
| AT&T Inc (bond) | 55,199 | 55,199 |
| Autozone Inc Original Unit (bond) | ||
| Autozone Inc (bond) | 179,939 | 179,939 |
| Aetna Inc (bond) | 115,218 | 115,218 |
| Anheuser-Busch Cos (bond) | 50,666 | 50,666 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| SPDR S&P Dividend ETF | FMV | 115,874 | 115,874 |
| SPDR Barclays Capital | FMV | 200,632 | 200,632 |
| Redwood Trust Inc | FMV | 37,483 | 37,483 |
| Ishares Trust | FMV | 74,048 | 74,048 |
| Ishares TR Dow Jones RE | FMV | 68,570 | 68,570 |
| Ishares TR Barclays Bond | FMV | 299,094 | 299,094 |
| Ishares S&P US Pfd Fund | FMV | 208,626 | 208,626 |
| Ishares DJ Select Div Fnd | FMV | 74,203 | 74,203 |
| Chimera Investment Corp | FMV | 20,795 | 20,795 |
| C B L & Assoc Properties | FMV | 46,268 | 46,268 |
| Annaly Capital Mgmt | FMV | 17,237 | 17,237 |
| Templeton Global Income Fund | FMV | 10,414 | 10,414 |
| Eaton Vance Ltd Duration | FMV | 15,991 | 15,991 |
| Blackrock CR Alloc Income | FMV | 35,527 | 35,527 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 4,739 | 2,923 | 1,816 | 1,816 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal | 9,043 | 0 | 9,043 | 9,043 |
| Description | Amount |
|---|---|
| ./loss o | 54,789 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Telephone | 1,670 | 1,670 | 1,670 | |
| Supplies | 6,565 | 6,565 | 6,565 | |
| Repairs & maintenance | 538 | 538 | 538 | |
| Postage | 4,545 | 4,545 | 4,545 | |
| Penalties | 33 | 33 | 33 | |
| Marketing | 25,846 | 25,846 | 25,846 | |
| Insurance | 5,887 | 5,887 | 5,887 | |
| Dues & subscriptions | 10,659 | 10,659 | 10,659 | |
| Bank charges | 21,781 | 21,781 | 21,781 | 21,781 |
| Activity expenses | 213,251 | 213,251 | 213,251 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Tuition income | 155,277 | ||
| Miscellaneous | 2,646 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Staff/coordinators | 6,218 | 0 | 6,218 | 6,218 |
| Outside services | 7,204 | 0 | 7,204 | 7,204 |
| Counselors | 12,500 | 0 | 12,500 | 12,500 |
| Name | Address |
|---|---|
| Barbara Barrington Jones |
2075 Broken Bend Lane Frisco,TX75034 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll taxes | 8,176 | 8,176 | 8,176 | |
| Excise tax | 1,978 | 1,978 | 1,978 |