| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 26,978 | 26,978 |
| 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 |
|---|
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| PUBLICLY TRADED SECURITIES | 3,329,324 | 9,725,957 |
| PRIVATELY HELD SECURITIES | 50,000 | 50,000 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MONAD MICHIGAN, LLC | AT COST | 7,872 | 225,831 |
| MONAD SHUMAKER, LLC | AT COST | 20,629 | 339,155 |
| MONAD WERNER, LLC | AT COST | 428,176 | 2,123,410 |
| LOUIS WERNER (LA) | AT COST | 29,948 | 29,948 |
| LOUIS WERNER (TX) | AT COST | 40,772 | 40,772 |
| KINDER MORGAN, LP | AT COST | 57,461 | 89,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FORESTRY EXPENSE | 6,479 | 6,479 | ||
| INSURANCE | 1,689 | 1,689 | ||
| LEASE EXPENSE | 2,665 | 2,665 | ||
| ADMINISTRATIVE EXPENSES | 8,335 | 8,335 | ||
| RENTAL EXPENSES | 7,729 | 7,729 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROYALTY INCOME | 1,625,635 | 1,625,635 | |
| MONAD MICHIGAN, LLC ROYALTY INCOME | 50,729 | 50,729 | |
| MONAD WERNER, LLC ROYALTY INCOME | 1,627,078 | 1,627,078 | |
| NEWTON ROYALTY INCOME | 52,426 | 52,426 | |
| SOUTHLAND ROYALTY INCOME | 14,107 | 14,107 | |
| LEASE BONUS INCOME | 474,145 | 474,145 | |
| OTHER INCOME | 14,155 | 14,155 |
| Description | Amount |
|---|---|
| MONAD MICHIGAN, LLC DEPL IN EXCESS BASIS | 7,516 |
| MONAD WERNER, LLC DEPL IN EXCESS BASIS | 254,317 |
| ROYALTY DEPLETION IN EXCESS OF BASIS | 243,845 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 51,376 | 51,376 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE/FEDERAL TAX | 27,000 | |||
| ROYALTY TAXES | 59,120 | 59,120 | ||
| PROPERTY TAXES | 38,222 | 38,222 |
| Name | US / Foreign Address |
EIN | Description | Amount |
|---|---|---|---|---|
| MONAD WERNER LLC |
333 TEXAS STREET SUITE 2290 SHREVEPORT,LA71101 |
20-8677281 | TRANSFER OF ANNUAL INCOME | 1,925,000 |
| Total | 1,925,000 | |||