| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION FEES | 465 | 465 | 0 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| JOLLEY SHARES | 1,000 | 1,000 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| LAND & IMPROVMENTS | AT COST | ||
| ARTWORK | AT COST | 160,000 | 400,000 |
| Item No. | 1 |
|---|---|
| Lender's Name | DASSITY INC |
| Lender's Title | |
| Relationship to Insider | NONE |
| Original Amount of Loan | 1500 |
| Balance Due | 1500 |
| Date of Note | 2011-07 |
| Maturity Date | |
| Repayment Terms | DEMAND NOTE |
| Interest Rate | 8.0000 |
| Security Provided by Borrower | NONE |
| Purpose of Loan | CASH FLOW |
| Description of Lender Consideration | CASH |
| Consideration FMV | 1500 |
| Description | Amount |
|---|---|
| Book to tax differences | 171 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 46 | 46 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| INTEREST PAYABLE | 171 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
BEN PEAY |
53,000 |
|
BEN PEAY |
61,500 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INCOME TAXES | 58 | 58 |