| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING, TAX & RELATED | 17,687 |
| 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 Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN BAPTIST EXTENSION COR | 25,000 | 25,000 |
| OTHER CORP BONDS-SEE ATTACHED | 1,567,764 | 1,567,764 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EQUITIES - SEE ATTACHED | 15,066,238 | 15,066,238 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| CERTIF OF DEPOSIT-SEE ATTACHED | 365,350 | 365,350 | |
| MUTUAL FUNDS | 732,583 | 732,583 | |
| MONEY MAKET MUTUAL FUNDS | 219,069 | 219,069 | |
| ACCRUED INTEREST RECEIVABLE | 17,363 | 17,363 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| NOTES RECEIVABLE | 2,490,792 | 2,490,792 | 2,490,792 |
| ACCRUED INTEREST ON NOTES REC | 1,718,336 | 1,867,784 | 1,867,784 |
| LESS VALUATION RESERVE | -4,209,127 | -4,358,575 | -4,358,575 |
| Description | Amount |
|---|---|
| DEFERRED U.S. EXCISE TAX | 21,145 |
| PRIOR YEAR ADJUSTMENT | 4,909 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BOOKKEEPING EXPENSES | 10,750 | |||
| INSURANCE | 437 | |||
| OFFICE SUPPLIES & OTHER COSTS | 719 | 300 | ||
| ACCRUED INTEREST RESERVE | 149,448 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MEMBERSHIP DUES & ASSESSMENTS | 16,655 | 16,655 |
| Description | Amount |
|---|---|
| NET UNREALIZED GAIN ON INVESTMENTS | 2,112,659 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEFERRED U.S EXCISE TAX | 75,859 | 97,004 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| U.S. EXCISE TAX ON INVESTMENT | ||||
| INCOME | 9,486 |