| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 18,000 | 4,500 | 13,500 |
| 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 | 2010-09-01 | 4,378 | 2,463 | 200DB | 7.000000000000 | 547 | 0 | ||
| COMPUTER EQUIPMENT | 2010-08-23 | 5,511 | 3,924 | 200DB | 5.000000000000 | 635 | 0 | ||
| FURNITURE | 2011-06-30 | 10,287 | 3,989 | 200DB | 7.000000000000 | 1,799 | 0 | ||
| OFFICE EQUIPMENT | 2011-06-30 | 4,366 | 2,270 | 200DB | 5.000000000000 | 838 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| EQUITIES | AT COST | 52,645,130 | 66,537,426 |
| FIXED INCOME | AT COST | 16,268,038 | 16,438,841 |
| OTHER INVESTMENTS | AT COST | 19,237,162 | 20,284,395 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE | 4,378 | 3,010 | 1,368 | |
| COMPUTER EQUIPMENT | 5,511 | 4,559 | 952 | |
| FURNITURE | 10,287 | 5,788 | 4,499 | |
| OFFICE EQUIPMENT | 4,366 | 3,108 | 1,258 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| UNEMPLOYMENT BOND | 230 | 230 | 230 |
| SECURITY DEPOSIT | 3,500 | 3,500 | 3,500 |
| Description | Amount |
|---|---|
| UNREALIZED LOSS | 152,689 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSE | 23,503 | 5,876 | 17,627 | |
| PAYROLL EXPENSES | 1,991 | 398 | 1,593 | |
| INSURANCE | 41,203 | 8,241 | 32,962 | |
| IT EXPENSE | 9,654 | 2,414 | 7,240 | |
| K-1 INVESTMENT LOSS | 173,834 | 173,834 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 432,465 | 432,465 | 0 | |
| CONSULTING FEES | 85,862 | 21,466 | 64,396 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 40,121 | 8,024 | 32,097 | |
| FOREIGN TAXES | 27,217 | 27,217 | 0 | |
| OTHER TAXES | 37,420 | 0 | 0 |