| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 22,514 | 0 | 22,514 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| WPJC LICENSE | 80,621 | 80,621 | |
| WXPZ LICENSE | 55,000 | 55,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 26,239 | 0 | 26,239 | |
| LEASES AND ROYALTIES | 56,452 | 0 | 56,452 | |
| INTERNET | 4,453 | 0 | 4,453 | |
| MISCELLANEOUS | 1,838 | 0 | 1,838 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING FEES | 15,476 | 0 | 15,476 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 2,181 | 0 | 2,181 | |
| SEC 6721 AND 6722 PENALTIES | 600 | 0 | 0 |