| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING, TAX & RELATED | 5,500 |
| 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 Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN BAPTIST EXTENSION COR | 25,000 | 25,000 |
| OTHER CORP BONDS-SEE ATTACHED | 1,328,802 | 1,328,802 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EQUITIES - SEE ATTACHED | 16,132,427 | 16,132,427 |
| 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 |
|---|---|---|---|
| CERTIF OF DEPOSIT-SEE ATTACHED | 362,064 | 362,064 | |
| MUTUAL FUNDS-SEE ATTACHED | 976,483 | 976,483 | |
| MONEY MAKET FUNDS-SEE ATTACHED | 306,991 | 306,991 | |
| ACCRUED INTEREST RECEIVABLE | 14,997 | 14,997 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL CONSULTING | 2,875 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| NOTES RECEIVABLE | 2,490,792 | 2,490,792 | 2,490,792 |
| ACCRUED INTEREST ON NOTES REC | 1,867,784 | 2,017,232 | 2,017,232 |
| LESS VALUATION RESERVE | -4,358,575 | -4,508,023 | -4,508,023 |
| Description | Amount |
|---|---|
| DEFERRED U.S. EXCISE TAX | 11,083 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BOOKKEEPING EXPENSES | 6,375 | |||
| ADMINISTRATIVE FEES | 1,000 | |||
| INSURANCE | 7,068 | |||
| OFFICE SUPPLIES & OTHER COSTS | 3,974 | |||
| ACCRUED INTEREST RESERVE | 149,448 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MEMBERSHIP DUES & ASSESSMENTS | 19,740 | 19,740 |
| Description | Amount |
|---|---|
| NET UNREALIZED GAIN ON INVESTMENTS | 1,108,259 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEFERRED U.S EXCISE TAX | 97,004 | 108,087 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| U.S. EXCISE TAX ON INVESTMENT | ||||
| INCOME | 9,832 |