| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 58,507 | 51,007 | 7,500 |
| 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 |
|---|
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| PUBLICLY TRADED SECURITIES | 3,785,360 | 9,491,259 |
| PRIVATELY HELD SECURITIES | 50,000 | 10 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MONAD MICHIGAN, LLC | AT COST | 46,995 | 89,895 |
| MONAD SHUMAKER, LLC | AT COST | 21,634 | 366,640 |
| MONAD WERNER, LLC | AT COST | 499,414 | 4,233,258 |
| LOUIS WERNER (LA) | AT COST | 32,355 | 32,355 |
| LOUIS WERNER (TX) | AT COST | 9,895 | 9,895 |
| KINDER MORGAN, LP | AT COST | 23,474 | 74,270 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Description | Amount |
|---|---|
| ROYALTY DEPLETION TO EXTENT OF BASIS | 91,263 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FORESTRY EXPENSE | 22,064 | 22,064 | ||
| INSURANCE | 1,813 | 1,813 | ||
| LEASE EXPENSE | 101,275 | 101,275 | ||
| ADMINISTRATIVE EXPENSES | 11,095 | 11,095 | ||
| RENTAL EXPENSES | 2,251 | 2,251 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROYALTY INCOME | 322,631 | 322,631 | |
| MONAD MICHIGAN, LLC ROYALTY INCOME | 40,765 | 40,765 | |
| MONAD WERNER, LLC ROYALTY INCOME | 1,771,764 | 1,771,764 | |
| NEWTON ROYALTY INCOME | 33,650 | 33,650 | |
| SOUTHLAND ROYALTY INCOME | 11,978 | 11,978 | |
| KINDER MORGAN ROYALTY INCOME | 66 | 66 | |
| LEASE BONUS INCOME | 544,925 | 544,925 |
| Description | Amount |
|---|---|
| MONAD MICHIGAN, LLC DEPL IN EXCESS BASIS | 6,115 |
| MONAD WERNER, LLC DEPL IN EXCESS BASIS | 272,608 |
| ROYALTY DEPLETION IN EXCESS OF BASIS | 48,395 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 17,298 | 16,298 | 1,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE/FEDERAL TAX | 20,000 | |||
| ROYALTY TAXES | 21,764 | 21,764 | ||
| PROPERTY TAXES | 50,050 | 50,050 | ||
| STATE TAXES | 11,274 | 11,274 |
| Name | US / Foreign Address |
EIN | Description | Amount |
|---|---|---|---|---|
| MONAD WERNER LLC |
333 TEXAS STREET SUITE 2290 SHREVEPORT,LA71101 |
20-8677281 | TRANSFER OF INCOME CONSISTING OF DIVIDENDS, ROYALTIES, RENTAL & GAINS. | 2,250,000 |
| Total | 2,250,000 | |||