| 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 |
|---|---|---|---|---|---|---|---|---|---|
| DEPRECIATION EXPENSE | 21,112 | 11,771 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| WALLER INVESTMENTS - LPL | 1,937,334 | 1,937,334 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENTS: JAN/GEORGE RICHARDS END | FMV | 50,366 | 50,366 |
| AZ LAND TRUST | FMV | 220,000 | 220,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| MACHINERY AND EQUIPMENT | 105,755 | 104,503 | 1,252 | |
| MACHINE SHED | 47,093 | 47,093 | ||
| LIVESTOCK BARN | 74,499 | 74,338 | 161 | |
| PROPERTY IMPROVEMENTS | 117,305 | 87,609 | 29,696 | |
| FARM HOUSE | 163,176 | 128,039 | 35,137 | |
| FARM BUILDINGS | 7,760 | 5,780 | 1,980 | |
| EDUCATION BUILDING | 472,578 | 414,407 | 58,171 | |
| 1,202,771 | 1,202,771 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ASSETS HELD BY OTHERS: COLS FOUNDATI | 11,638 | 12,709 | 12,709 |
| ASSETS HELD BY OTHERS: COMMUNITY FOU | 6,164 | 6,331 | 6,331 |
| Description | Amount |
|---|---|
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| BANKING FEES | 2,672 | 2,672 | ||
| DEVELOPMENT | 15,091 | 15,091 | ||
| DUES & SUBSCRIPTIONS | 690 | 690 | ||
| FUEL | 3,890 | 3,890 | ||
| INSURANCE | 5,342 | 5,342 | ||
| POSTAGE & PRINTING | 4,295 | 4,295 | ||
| GROUNDS | 4,932 | 4,932 | ||
| LIVESTOCK | 773 | 773 | ||
| OTHER PRO FEES | 6,151 | 6,151 | ||
| ED BUILDING | 1,623 | 1,623 | ||
| EQUIPMENT | 3,333 | 3,333 | ||
| FENCE | 200 | 200 | ||
| GROUNDS | 6,911 | 6,911 | ||
| REPAIRS & MAINTENANCE:HOUSE | 54 | 54 | ||
| OFFICE | 150 | 150 | ||
| OUTBUILDINGS | 1,918 | 1,918 | ||
| TOOLS | 203 | 203 | ||
| TRUCK | 875 | 875 | ||
| CROPS | 2,206 | 2,206 | ||
| ED. BLDG | 834 | 834 | ||
| EQUIPMENT | 704 | 704 | ||
| FENCE | 1,098 | 1,098 | ||
| GROUNDS | 879 | 879 | ||
| LIVESTOCK | 6,626 | 6,626 | ||
| OFFICE | 3,231 | 3,231 | ||
| SUGARING | 1,152 | 1,152 | ||
| TOOLS | 886 | 886 | ||
| VETMED | 962 | 962 | ||
| PAYCHEX | 954 | 954 | ||
| VOLUNTEER | 1,514 | 1,514 | ||
| HORT/GARDENS | 479 | 479 | ||
| MILEAGE & TRAVEL | 395 | 395 | ||
| BEES | 1,083 | 1,083 | ||
| OUTBUILDINGS | 657 | 657 | ||
| TRUCK | 1 | 1 | ||
| GIFTS | 138 | 138 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PROGRAMS | 107,993 | 107,993 | |
| REAL ESTATE TAX REFUND | 15,125 | 15,125 | |
| EVENTS | 43,240 | 43,240 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| SALES TAX | 13 | 30 |
| PAYROLL LIABILITIES | ||
| ACCRUED RETIREMENT EXP | 12,600 | 12,600 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEE | 10,789 | 10,789 | 10,789 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BWC | 636 | 636 | ||
| SOCIAL SEC - EMPLOYER MATCH | 23,093 | 23,093 |