| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 8,850 | 8,850 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| SETTLEMENT COSTS | 2013-10-04 | 42,598 | 39.0 | 1,001 | 1,001 |
| 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 | 1989-09-01 | 990 | 958 | M7 | |||||
| FURNITURE | 1991-09-01 | 429 | 417 | M7 | |||||
| FURNITURE | 1994-02-01 | 900 | 899 | M7 | |||||
| FURNITURE | 1994-09-01 | 563 | 525 | M7 | |||||
| FURNITURE | 1996-02-28 | 153 | 153 | M7 | |||||
| ART/FRAMING | 1998-08-11 | 900 | 898 | M7 | |||||
| 1049 30TH ST BLDG | 1991-07-25 | 759,332 | 541,379 | M31 | 24,109 | ||||
| BLDG IMPROVEMENTS | 1991-11-21 | 6,880 | 4,823 | M31 | 218 | ||||
| PICTURE FRAMES | 1993-10-06 | 2,400 | 2,400 | M7 | |||||
| SECURITY SYSTEM | 1995-08-15 | 4,341 | 4,341 | M7 | |||||
| FIREPLACE LOGS | 1995-04-19 | 1,536 | 1,536 | M7 | |||||
| TELEPHONE SYSTEM | 1999-08-11 | 3,161 | 3,161 | M7 | |||||
| WATER HEATER | 1999-02-19 | 1,399 | 1,399 | M7 | |||||
| BASEMENT REMODELIN | 1999-08-19 | 2,550 | 1,161 | SL | 31 | 81 | |||
| PLAZA REMODELING | 1999-12-16 | 7,000 | 3,108 | SL | 31 | 222 | |||
| AIR CONDITIONING | 2007-05-02 | 19,045 | 3,234 | M39 | 488 | ||||
| WATER HEATER | 2008-12-22 | 2,000 | 1,673 | M7 | 178 | ||||
| TRACK LIGHTS | 2009-12-29 | 1,000 | 1,000 | M7 | |||||
| PATIO | 2010-09-10 | 7,500 | 2,307 | M15 | 578 | ||||
| RENOVATIONS | 2011-11-18 | 3,500 | 191 | M39 | 90 | ||||
| WINDOWS | 2012-10-24 | 2,800 | 87 | M39 | 72 | ||||
| REFRIGERATOR | 2012-06-01 | 1,872 | 363 | M7 | 184 | ||||
| LAND | 1991-07-25 | 189,833 | L |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALTRIA GROUP INC | 44,732 | 79,612 |
| AT&T | 51,410 | 61,984 |
| BP PLC | 64,928 | 71,856 |
| CANADIAN IMPERIAL BANK | 59,330 | 73,413 |
| CENTURYLINK INC SHS | 42,577 | 40,990 |
| CISCO SYSTEMS INC COM | 29,576 | 29,988 |
| DARDEN RESTAURANTS INC | 0 | 0 |
| DU PONT E I DE NEMOURS | 0 | 0 |
| GLAXOSMITHKLINE PLC | 59,543 | 68,986 |
| HSBC HOLDINGS | 83,547 | 81,090 |
| JOHNSON AND JOHNSON COM | 43,725 | 72,611 |
| KIMBERLY CLARK | 52,119 | 71,064 |
| PAYCHEX INC | 53,006 | 70,805 |
| PHILIP MORRIS INTL INC | 51,743 | 76,594 |
| PINNACLE WEST CAP CORP | 0 | 0 |
| PPL CORPORATION | 70,790 | 79,649 |
| REALTY INCM CRP MD | 0 | 0 |
| REYNOLDS AMERINC INC | 60,888 | 87,705 |
| SEAGATE TECH PLC | 24,574 | 75,096 |
| SOUTHERN COMPANY | 56,027 | 62,293 |
| SPECTRA ENERGY CORP | 58,247 | 83,320 |
| THOMSON REUTERS CORP | 67,905 | 79,817 |
| TORONTO DOMINION BANK | 68,136 | 78,945 |
| VERIZON COMMUNCATIONS | 74,221 | 95,256 |
| VODAFONE GROP PLC | 0 | 0 |
| WESTAR ENERGY INC | 0 | 0 |
| 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 |
|---|---|---|---|
| ANGEL OAK MULTI STRATEGY | AT COST | 52,000 | 51,745 |
| ISHARES IBOXX | AT COST | 20,703 | 20,499 |
| ISHARES INTERMEDIATE | AT COST | 47,213 | 47,472 |
| ISHARES IBOXX HIGH YIELD | AT COST | 55,110 | 56,544 |
| ISHARES 10+ YR CRD | AT COST | 79,644 | 80,897 |
| ISHARES FLOATING RATE | AT COST | 51,107 | 51,308 |
| SPDR BARCLAYS CONVERTIBLE | AT COST | 48,040 | 51,150 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE | 990 | 958 | 32 | |
| FURNITURE | 429 | 417 | 12 | |
| FURNITURE | 900 | 899 | 1 | |
| FURNITURE | 563 | 525 | 38 | |
| FURNITURE | 153 | 153 | ||
| ART/FRAMING | 900 | 898 | 2 | |
| 1049 30TH ST BLDG | 759,332 | 565,488 | 193,844 | |
| BLDG IMPROVEMENTS | 6,880 | 5,041 | 1,839 | |
| PICTURE FRAMES | 2,400 | 2,400 | ||
| SECURITY SYSTEM | 4,341 | 4,341 | ||
| FIREPLACE LOGS | 1,536 | 1,536 | ||
| TELEPHONE SYSTEM | 3,161 | 3,161 | ||
| WATER HEATER | 1,399 | 1,399 | ||
| BASEMENT REMODELIN | 2,550 | 1,242 | 1,308 | |
| PLAZA REMODELING | 7,000 | 3,330 | 3,670 | |
| AIR CONDITIONING | 19,045 | 3,722 | 15,323 | |
| WATER HEATER | 2,000 | 1,851 | 149 | |
| TRACK LIGHTS | 1,000 | 1,000 | ||
| PATIO | 7,500 | 2,885 | 4,615 | |
| RENOVATIONS | 3,500 | 281 | 3,219 | |
| WINDOWS | 2,800 | 159 | 2,641 | |
| REFRIGERATOR | 1,872 | 547 | 1,325 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 1,501 |
| Description | Amount |
|---|---|
| DIFFERENCE BETWEEN FMV OF ASSETS | 0 |
| CONTRIBUTED AND BOOK VALU | 2,656,950 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 62 | |||
| DUES & SUBSCRIPTIONS | 2,960 | |||
| PENALTIES | 286 | |||
| OFFICE SUPPLIES | 264 | |||
| POSTAGE | 416 | |||
| TELEPHONE | 1,239 | |||
| INVESTMENT FEES | 17,565 | 17,565 | ||
| OTHER EXPENSES | 540 | |||
| HEALTH INSURANCE | 3,487 | |||
| UTILITIES | 4,037 | |||
| REPAIRS AND MAINTENANCE | 3,649 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | 6,241 | 6,251 |
| EXPENSE REIMBURSEMENT PAYABLE | 6,100 | 6,100 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 3,920 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 1,021 | 1,021 | ||
| PAYROLL TAXES | 5,944 | |||
| PROPERTY TAXES | 26,022 | |||
| FEDERAL TAXES | 7,668 |