| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE & EQUIPMENT | 2007-11-10 | 5,249 | 1,625 | 200DB | 7.000000000000 | 750 | 0 | ||
| LAND | 2007-11-10 | 540,202 | L | 0 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE BONDS | 3,266,932 | 3,266,932 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE STOCK | 8,325,799 | 8,325,799 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| OTHER INVESTMENTS | AT COST | 4,165,318 | 4,165,318 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE & EQUIPMENT | 5,249 | 2,375 | 2,874 | 0 |
| LAND | 540,202 | 0 | 540,202 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DUE TO/FROM AFFILIATES | 1,107,659 | 462,471 | 462,471 |
| NOTE RECEIVABLE FROM AFFILIATE | 378,884 | 378,884 | 378,884 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 473 | 0 | 0 | |
| OFFICE EXPENSE | 1,762 | 0 | 0 | |
| MISCELLANEOUS | 40,891 | 0 | 0 | |
| TELEPHONE | 99 | 0 | 0 | |
| ADVERTISING | 2,833 | 0 | 0 | |
| INSURANCE | 5,478 | 0 | 0 | |
| WORKMAN'S COMPENSATION | 1,986 | 0 | 0 | |
| FUNDRAISING EXPENSE | 10,810 | 0 | 10,810 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FEE | 186,048 | 186,048 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS | 1,536,675 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING/PROFESSIONAL FEES | 12,733 | 0 | 0 | |
| INVESTMENT MANAGEMENT FEES | 70,450 | 70,450 | 0 | |
| OTHER | 455 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 8,887 | 0 | 1,422 |