| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting Fees | 1,350 | 1,350 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| TT Lease Commissions | 2014-11-01 | 27,276 | 1,515 | 3.0000 | 9,092 | 10,607 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Traveler's Trail Building | 2008-11-01 | 927,348 | 145,639 | SL | 2.56 % | 23,777 | 23,777 | ||
| Traveler's Trail Improvmt | 2008-11-01 | 99,274 | 15,589 | SL | 2.56 % | 2,545 | 2,545 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Corporate Bonds - Schwab | 809,318 | 795,989 |
| Bond Fund - Schwab |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Equities - Schwab | 1,598,224 | 1,991,090 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| Other Equities - Schwab | FMV | 586,583 | 572,268 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Buildings | 1,026,622 | 187,550 | 839,072 | 1,020,000 |
| Land | 306,615 | 306,615 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Net Intangible Assets | 25,761 | 16,669 |
| Description | Amount |
|---|---|
| Built-In Gain on Stock Donation | 76,837 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Amortization | 9,092 | 9,092 | ||
| Investment Fees | 27,391 | 27,391 | ||
| Miscellaneous Expenses | 75 | 75 | ||
| Rental Expenses | 67,636 | 67,636 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Federal Taxes | 4,481 | 4,481 | ||
| Foreign Tax | 1,642 | 1,642 |