| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 12,800 | 6,400 | 0 | 6,400 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| KANAB AGRICULTURAL BLDG | 2003-12-19 | 6,263 | 2,946 | 68 | 4.46 % | 279 | |||
| KANAB BLDG | 2003-12-19 | 166,428 | 34,314 | 87 | 2.56 % | 4,267 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Land | 8,264 | 8,264 | 8,264 | |
| Buildings | 172,691 | 41,806 | 130,885 | 172,691 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSE | 492 | 246 | 246 | |
| LICENSES & PERMITS | 124 | 62 | 62 | |
| INSURANCE | 734 | 367 | 367 | |
| BANK SERVICE CHARGE | 321 | 161 | 160 |
| Borrower's Name | Relationship to Insider | Original Amount of Loan | Balance Due | Date of Note | Maturity Date | Repayment Terms | Interest Rate | Security Provided by Borrower | Purpose of Loan | Description of Lender Consideration | Consideration FMV |
|---|---|---|---|---|---|---|---|---|---|---|---|
| V3SP II | NONE | 100,000 | 50,000 | 2011-09 | 2012-09 | SHORT TERM | 500.00 % | THE LOAN IS AN INVESTMENT |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING FEES | 500 | 250 | 0 | 250 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAX | 2,877 | 1,439 | 1,438 |