| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 5,500 | 5,500 | ||
| BOOKKEEPING | 1,740 | 1,740 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| USED DESK AND CREDENZA | 2001-07-17 | 1,195 | 1,195 | S/L | 10.0000 | ||||
| USED CHAIR | 2001-07-17 | 169 | 169 | S/L | 10.0000 | ||||
| 2 USED SIDE CHAIRS | 2001-07-17 | 138 | 138 | S/L | 10.0000 | ||||
| USED FIRE FILE | 2001-07-17 | 695 | 695 | S/L | 10.0000 | ||||
| MICROCOMPUTER W/ 22" MONITOR | 2012-02-24 | 1,005 | 369 | S/L | 5.0000 | 201 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| MID ATLANTIC | 2014-09 | PURCHASE | 2014-11 | 8,396,310 | 8,298,810 | 97,500 | ||||
| NATIONAL FINANCIAL SERVICES NCL | 2012-04 | PURCHASE | 2014-10 | 674,986 | 712,743 | -37,757 | ||||
| NATIONAL FINANCIAL SERVICES NCK | 2013-01 | PURCHASE | 2014-10 | 306,712 | 264,804 | 41,908 | ||||
| HUNTINGTON NATIONAL BANK | 2013-10 | PURCHASE | 2014-03 | 446,167 | 451,833 | -5,666 | ||||
| HUNTINGTON NATIONAL BANK | 2012-07 | PURCHASE | 2014-10 | 497,277 | 434,873 | 62,404 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| LONGBRIDGE | 666,375 | 666,375 |
| HUNTINGTON | 100,013 | 100,013 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| HUNTINGTON | 1,202,468 | 1,202,468 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| HUNTINGTON | FMV | 684,898 | 684,898 |
| LONGBRIDGE-388 | FMV | 1,864,235 | 1,864,235 |
| LONGBRIDGE - 1830 | FMV | 1,569,480 | 1,569,480 |
| MID ATLANTIC | FMV | 1,952,204 | 1,952,204 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE EQUIPMENT | 3,202 | 2,767 | 435 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ESTIMATED TAX PAYMENTS | 5,600 | 5,900 | 5,900 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| SCHOLARSHIPS | 16,500 | 16,500 | ||
| UTILITIES | 1,970 | 1,970 | ||
| OFFICE & POSTAGE EXPENSE | 811 | 811 | ||
| OHIO FILING FEE | 200 | 200 | ||
| FEDERAL INCOME TAX EXPENSE | 5,843 | 5,843 | ||
| FOREIGN TAX | 1,186 | 1,186 | ||
| D & O INSURANCE | 2,290 | 2,290 | ||
| BOND AMORTIZATION | 10,618 | 10,618 | ||
| MISCELLANEOUS |
| Description | Amount |
|---|---|
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT FEE EXPENSE | 6,000 | 6,000 | ||
| TRUSTEE FEES-HUNTINGTON | 18,111 | 18,111 | ||
| TRUSTEE FEES-LONGBRIDGE | 17,405 | 17,405 | ||
| TRUSTEE FEES-MID ATLANTIC | 34,028 | 34,028 |