| Person Name | Explanation |
|---|---|
| W DAVIS PILOT JR | |
| JOHN C BELL | |
| TRAVIS B GOODLOE JR |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING - ART & CRAFT | 2010-05-26 | 128,500 | 5,354 | S/L | 39.0000 | 3,295 | |||
| BUILDING - BATHHOUSE | 2010-05-26 | 397,400 | 16,558 | S/L | 39.0000 | 10,190 | |||
| BUILDING - CABIN | 2010-05-26 | 1,385,785 | 57,741 | S/L | 39.0000 | 35,533 | |||
| BUILDING - HOUSE | 2010-05-26 | 87,300 | 3,638 | S/L | 39.0000 | 2,238 | |||
| BUILDING - LODGE | 2010-05-26 | 209,300 | 8,721 | S/L | 39.0000 | 5,367 | |||
| BUILDING - MED BUILDING | 2010-05-26 | 74,400 | 3,100 | S/L | 39.0000 | 1,908 | |||
| BUILDING - PAVALION | 2010-05-26 | 384,500 | 16,021 | S/L | 39.0000 | 9,859 | |||
| BUILDING - REC CENTER | 2010-05-26 | 248,500 | 10,354 | S/L | 39.0000 | 6,372 | |||
| BUILDING - SHOP | 2010-05-26 | 245,800 | 10,242 | S/L | 39.0000 | 6,302 | |||
| BUILDING - STORAGE | 2010-05-26 | 48,067 | 2,003 | S/L | 39.0000 | 1,232 | |||
| WATER EQUIPMENT | 2010-05-26 | 73,577 | 51,053 | 200DB | 7.0000 | 6,436 | |||
| ROPES COURSE | 2010-05-26 | 122,700 | 70,246 | 150DB | 15.0000 | 5,245 | |||
| ROAD IMPROVEMENT | 2011-03-15 | 38,546 | 38,546 | 150DB | 15.0000 | ||||
| EQUIPMENT | 2011-06-15 | 110,222 | 110,222 | 200DB | 7.0000 | ||||
| BATHHOUSE ADDITION | 2011-09-15 | 25,912 | 194 | S/L | 39.0000 | 664 | |||
| CABIN INSULATION | 2011-02-14 | 5,400 | 121 | S/L | 39.0000 | 139 | |||
| PAVILION ADDITION | 2011-12-14 | 68,143 | 73 | S/L | 39.0000 | 1,747 | |||
| STORAGE BUILDING | 2011-03-15 | 4,318 | 88 | S/L | 39.0000 | 110 | |||
| LAKESITE IMPROVEMENT - BULKHEAD | 2012-03-26 | 34,855 | 150DB | 15.0000 | 18,299 | ||||
| ROAD IMPROVEMENT | 2012-05-09 | 45,591 | 150DB | 15.0000 | 23,935 | ||||
| PAVILION SOUND SYSTEM | 2012-02-28 | 50,338 | 200DB | 7.0000 | 28,765 | ||||
| 20 X 20 CANOPY | 2012-02-16 | 1,663 | 200DB | 7.0000 | 950 | ||||
| REFRIGERATOR | 2012-03-06 | 2,871 | 200DB | 7.0000 | 1,641 | ||||
| FREEZER | 2012-03-06 | 3,247 | 200DB | 7.0000 | 1,856 | ||||
| COFFE/TEA SERVING EQUIPMENT | 2012-03-06 | 5,515 | 200DB | 7.0000 | 3,152 | ||||
| BAD BOY BUGGY | 2012-03-12 | 6,500 | 200DB | 7.0000 | 3,714 | ||||
| 20 X 20 CANOPY | 2012-03-15 | 1,662 | 200DB | 7.0000 | 949 | ||||
| PANASONIC BLUE RAY PLAYER | 2012-03-20 | 578 | 200DB | 7.0000 | 330 | ||||
| GRILLS (2) | 2012-03-22 | 1,088 | 200DB | 7.0000 | 622 | ||||
| SERVING TABLES W/SINK | 2012-04-06 | 6,608 | 200DB | 7.0000 | 3,776 | ||||
| SATELLITE DISH | 2012-05-25 | 1,115 | 200DB | 7.0000 | 637 | ||||
| WATER EQUIP - TRAMPOLINE/SLIDE | 2012-05-25 | 4,732 | 200DB | 7.0000 | 2,704 | ||||
| RADIOS (8) | 2012-06-01 | 7,986 | 200DB | 7.0000 | 4,564 | ||||
| EZ GO CART | 2012-06-01 | 10,986 | 200DB | 7.0000 | 6,278 | ||||
| EZ GO CART | 2012-06-01 | 10,986 | 200DB | 7.0000 | 6,278 | ||||
| TRAILER | 2012-06-12 | 2,294 | 200DB | 7.0000 | 1,311 | ||||
| TRACTOR & ATTACHMENTS | 2012-06-12 | 22,970 | 200DB | 7.0000 | 13,126 | ||||
| WATER EQUIP - PADDLE BOARDS (3) | 2012-06-13 | 2,985 | 200DB | 7.0000 | 1,706 | ||||
| TELEVISION | 2012-06-15 | 1,577 | 200DB | 7.0000 | 901 | ||||
| 7' MOWER | 2012-06-20 | 3,733 | 200DB | 7.0000 | 2,133 | ||||
| ICE CREAM COOLERS | 2012-06-26 | 1,699 | 200DB | 7.0000 | 971 | ||||
| LOG SPLITTER | 2012-11-20 | 1,425 | 200DB | 7.0000 | 814 | ||||
| MAC COMPUTER | 2012-01-10 | 1,242 | 200DB | 5.0000 | 745 | ||||
| MAC COMPUTER | 2012-06-26 | 2,430 | 200DB | 5.0000 | 1,458 | ||||
| AC AIR HANDLER - LODGE | 2012-08-22 | 1,900 | 150DB | 15.0000 | 998 | ||||
| PAVILION ADDITION | 2012-11-28 | 515,218 | S/L | 39.0000 | 1,651 | ||||
| WATER LINE - HORSE STABLES | 2012-05-01 | 1,850 | 150DB | 15.0000 | 971 | ||||
| STORAGE BUILDING | 2012-05-21 | 4,605 | S/L | 39.0000 | 74 | ||||
| FENCING | 2012-05-10 | 15,965 | 150DB | 15.0000 | 8,382 | ||||
| LIFTMASTER GATE OPERATOR | 2012-07-24 | 3,173 | 150DB | 15.0000 | 1,666 | ||||
| 72" ROUND TABLES (12) | 2012-05-01 | 2,616 | 200DB | 7.0000 | 1,495 | ||||
| 2009 CHEVROLET TRUCK | 2012-04-02 | 23,298 | 200DB | 5.0000 | 11,360 | ||||
| 2005 CHEV SILVERADO | 2012-05-16 | 15,000 | 200DB | 5.0000 | 9,000 | ||||
| 1997 FORD LGT CONVT | 2012-05-16 | 4,000 | 200DB | 5.0000 | 2,400 | ||||
| 2005 HUMMER H2 | 2012-05-16 | 21,500 | 200DB | 5.0000 | 11,160 | ||||
| 2002 CHEV SILVERADO | 2012-05-16 | 4,500 | 200DB | 5.0000 | 2,700 | ||||
| 1998 CHEV S-10 TRUCK | 2012-05-16 | 2,500 | 200DB | 5.0000 | 1,500 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDINGS | 4,344,651 | 685,884 | 3,658,767 | 4,344,651 |
| EQUIPMENT | 536,144 | 536,144 | 536,144 | |
| LAND IMPROVEMENTS | 118,993 | 118,993 | 118,993 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| CONSULTING | 39,693 | 39,693 | ||
| CONTRACT LABOR | 28,141 | 28,141 | ||
| POSTAGE & DELIVERY | 2,939 | 2,939 | ||
| EQUIPMENT RENTAL | 1,644 | 1,644 | ||
| GROUND MAINTENANCE | 23,086 | 23,086 | ||
| FOOD & GROCERY | 10,810 | 10,810 | ||
| FUEL | 31,699 | 31,699 | ||
| INSURANCE | 84,236 | 84,236 | ||
| MAINTENANCE | 245,444 | 245,444 | ||
| SUPPLIES | 15,462 | 15,462 | ||
| PEST CONTROL | 5,545 | 5,545 | ||
| POND EXPENSE | 2,700 | 2,700 | ||
| SMALL TOOLS AND EQUIPMENT | 51,199 | 51,199 | ||
| TELEPHONE | 6,129 | 6,129 | ||
| UTILITIES | 52,976 | 52,976 | ||
| WASTE MANAGEMENT | 27,931 | 27,931 | ||
| MISCELLANEOUS | 10,742 | 10,742 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
EMPLOYEE LOANS |
2,708 |
| Name | Address |
|---|---|
| W DAVIS PILOT JR |
128 PINEBROOK DR W MOBILE,AL36608 |