| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 21,665 | 5,416 | 5,416 | 16,249 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE & FIXTURES | 1988-10-31 | 4,900 | 4,900 | SL | 7.000000000000 | 0 | 0 | 0 | |
| FURNITURE & FIXTURES | 1995-04-30 | 8,700 | 8,700 | SL | 7.000000000000 | 0 | 0 | 0 | |
| OFFICE EQUIPMENT | 1999-07-01 | 1,887 | 1,887 | SL | 5.000000000000 | 0 | 0 | 0 | |
| SOFTWARE - ADOBE PHOTOSHOP | 2002-08-15 | 772 | 772 | SL | 3.000000000000 | 0 | 0 | 0 | |
| COMPUTER | 2004-10-31 | 1,646 | 1,646 | SL | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTERS | 2005-09-30 | 1,811 | 1,811 | SL | 5.000000000000 | 0 | 0 | 0 | |
| ELECTRIC CUTTER | 2006-02-07 | 8,349 | 8,349 | SL | 5.000000000000 | 0 | 0 | 0 | |
| NEW COMPUTER | 2006-04-26 | 1,385 | 1,385 | SL | 5.000000000000 | 0 | 0 | 0 | |
| NEW PHONE | 2006-06-29 | 251 | 251 | SL | 5.000000000000 | 0 | 0 | 0 | |
| FURNITURE & FIXTURES | 2009-01-19 | 12,700 | 7,105 | SL | 7.000000000000 | 1,814 | 0 | 1,814 | |
| FURNITURE & FIXTURES | 2009-01-28 | 5,295 | 2,961 | SL | 7.000000000000 | 756 | 0 | 756 | |
| FURNITURE & FIXTURES | 2009-02-11 | 6,000 | 3,357 | SL | 7.000000000000 | 857 | 0 | 857 | |
| FURNITURE & FIXTURES | 2009-02-18 | 6,300 | 3,450 | SL | 7.000000000000 | 900 | 0 | 900 | |
| FURNITURE & FIXTURES | 2009-03-23 | 420 | 225 | SL | 7.000000000000 | 60 | 0 | 60 | |
| BUILDING | 2009-01-02 | 150,000 | 15,384 | SL | 39.000000000000 | 3,846 | 0 | 3,846 | |
| LAND | 2006-06-29 | 190,000 | L | 0 | 0 | 0 | |||
| OFFICE EQUIPMENT | 2006-06-29 | 40,882 | 40,882 | SL | 7.000000000000 | 0 | 0 | 0 | |
| DELL COMPUTER | 2006-06-29 | 3,064 | 3,064 | SL | 5.000000000000 | 0 | 0 | 0 | |
| CONSTRUCTION COSTS | 2011-01-01 | 1,712,958 | 87,844 | SL | 39.000000000000 | 43,922 | 43,922 | 43,922 | |
| BUILDING | 2009-01-02 | 225,000 | 23,076 | SL | 39.000000000000 | 5,769 | 5,769 | 5,769 | |
| IMPROVEMENTS | 2009-01-02 | 40,528 | 4,156 | SL | 39.000000000000 | 1,039 | 1,039 | 1,039 | |
| LAND | 2009-01-02 | 125,000 | L | 0 | 0 | 0 | |||
| LAND | 2009-01-02 | 9,775 | L | 0 | 0 | 0 | |||
| FURNITURE & FIXTURES- TIE TO TB | 2001-01-01 | 170 | 170 | SL | 7.000000000000 | 0 | 0 | 0 | |
| CLOSETS BY DESIGN | 2011-11-20 | 4,900 | 758 | SL | 7.000000000000 | 700 | 700 | 700 | |
| STOVETOP | 2011-12-05 | 1,469 | 227 | SL | 7.000000000000 | 210 | 210 | 210 | |
| 101 CHURCH RENTAL PROPERTY | 2013-01-01 | 1,300,000 | SL | 39.000000000000 | 33,333 | 33,333 | 33,333 | ||
| RENOVATION COSTS | 2013-03-01 | 79,432 | SL | 39.000000000000 | 1,697 | 1,697 | 1,697 | ||
| FENCING 418 DUTTON | 2013-12-31 | 15,231 | SL | 15.000000000000 | 0 | 0 | 0 | ||
| WINDOWS 418 DUTTON | 2013-12-31 | 7,906 | SL | 27.500000000000 | 0 | 0 | 0 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| MARTHA WALTERS PAINTING | PURCHASED | 2013-06 | 6,815 | 8,900 | 0 | -2,085 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BESSEMER | 0 | 0 |
| JP MORGAN M2001 | 281,054 | 281,054 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| CONSTRUCTION COSTS | 1,712,958 | 131,766 | 1,581,192 | |
| BUILDING | 225,000 | 28,845 | 196,155 | |
| IMPROVEMENTS | 40,528 | 5,195 | 35,333 | |
| LAND | 125,000 | 0 | 125,000 | |
| LAND | 9,775 | 0 | 9,775 | |
| CLOSETS BY DESIGN | 4,900 | 1,458 | 3,442 | |
| STOVETOP | 1,469 | 437 | 1,032 | |
| 101 CHURCH RENTAL PROPERTY | 1,300,000 | 33,333 | 1,266,667 | |
| RENOVATION COSTS | 79,432 | 1,697 | 77,735 | |
| FENCING 418 DUTTON | 15,231 | 0 | 15,231 | |
| WINDOWS 418 DUTTON | 7,906 | 0 | 7,906 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BESSEMER | FMV | 0 | 0 |
| REAL ESTATE 418 DUTTON MILL | FMV | 3,725,000 | 3,612,000 |
| JP MORGAN M2001 | FMV | 316,976 | 316,976 |
| JP MORGAN S6007 | FMV | 7,545,975 | 7,545,975 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE & FIXTURES | 4,900 | 4,900 | 0 | 0 |
| FURNITURE & FIXTURES | 8,700 | 8,700 | 0 | 0 |
| OFFICE EQUIPMENT | 1,887 | 1,887 | 0 | 0 |
| SOFTWARE - ADOBE PHOTOSHOP | 772 | 772 | 0 | 0 |
| COMPUTER | 1,646 | 1,646 | 0 | 0 |
| COMPUTERS | 1,811 | 1,811 | 0 | 0 |
| ELECTRIC CUTTER | 8,349 | 8,349 | 0 | 0 |
| NEW COMPUTER | 1,385 | 1,385 | 0 | 0 |
| NEW PHONE | 251 | 251 | 0 | 0 |
| FURNITURE & FIXTURES | 12,700 | 8,919 | 3,781 | 3,781 |
| FURNITURE & FIXTURES | 5,295 | 3,717 | 1,578 | 1,578 |
| FURNITURE & FIXTURES | 6,000 | 4,214 | 1,786 | 1,786 |
| FURNITURE & FIXTURES | 6,300 | 4,350 | 1,950 | 1,950 |
| FURNITURE & FIXTURES | 420 | 285 | 135 | 135 |
| BUILDING | 150,000 | 19,230 | 130,770 | 130,770 |
| LAND | 190,000 | 0 | 190,000 | 190,000 |
| OFFICE EQUIPMENT | 40,882 | 40,882 | 0 | 0 |
| DELL COMPUTER | 3,064 | 3,064 | 0 | 0 |
| FURNITURE & FIXTURES- TIE TO TB | 170 | 170 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 8,930 | 2,233 | 2,233 | 6,697 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| COLLECTION | 6,557,839 | 6,548,939 | 6,548,939 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SCHOLARSHIPS/CASH AWARDS | 179,468 | 0 | 0 | 179,468 |
| COMPUTER EXPENSES | 28,800 | 0 | 0 | 28,800 |
| REPAIRS & MAINTENANCE | 43,042 | 29,671 | 29,671 | 13,371 |
| POSTAGE/OFFICE EXPENSES | 26,938 | 0 | 0 | 26,938 |
| INSURANCE | 63,533 | 45,973 | 45,973 | 17,560 |
| MISCELLANEOUS | 1,000 | 0 | 0 | 1,000 |
| BANK SERVICE CHARGES | 553 | 0 | 0 | 553 |
| SECURITY | 90 | 0 | 0 | 90 |
| REPAIRS & MAINTENANCE | 7,350 | 7,350 | 7,350 | 0 |
| REPAIRS & MAINTENANCE | 5,226 | 5,226 | 5,226 | 0 |
| BANK CHARGES | 40 | 40 | 40 | 0 |
| PARKING LOT | 5,873 | 5,873 | 5,873 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROYALTY INCOME | 2,318 | 2,318 | 2,318 |
| REFUND OF 101 CHURCH RENOVATION ESCROW | 1,911 | 1,911 | 1,911 |
| TAX REFUND | 601 | 0 | 601 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN | 396,159 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| SECURITY DEPOSIT | 17,275 | 23,275 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 26,783 | 26,783 | 26,783 | 0 |
| PROFESSIONAL FEES | 2,842 | 2,842 | 2,842 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REAL ESTATE TAXES | 30,351 | 25,461 | 25,461 | 4,890 |
| FOREIGN TAXES | 2,624 | 2,624 | 2,624 | 0 |
| TAXES | 16,675 | 16,675 | 16,675 | 0 |
| TAXES | 12,618 | 12,618 | 12,618 | 0 |