| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL & ACCOUNTING | 4,428 | 4,428 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| GOLDMAN SACHS FLOAT NT VAR RATE | 37,296 | 39,962 |
| BARCLAYS BK VAR 4/18/21 | 44,550 | 44,595 |
| BARCLAYS BK VAR 11/24/20 | 46,625 | 49,166 |
| MORGAN STAN NT VAR 8/31/20 | 25,000 | 25,500 |
| VANGUARD LT INVESTMENT GRADE ADR #568 | 22,754 | 20,629 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| SBA 4.638% 2/10/2015 | AT COST | 0 | 0 |
| SBA 5.681% 8/10/2016 IPD 9 | AT COST | 530 | 506 |
| SBA 4.09% 3/1/31 | AT COST | 25,290 | 25,329 |
| SBA 6.80% 6/1/19 | AT COST | 3,233 | 3,070 |
| SBA #501988 PRIME-1.5 10/25/17 | AT COST | 3,763 | 3,732 |
| FEDERATED INSTITUTIONAL HIGH YIELD BOND FD | AT COST | 0 | 0 |
| OPPENHEIMER SENIOR FLOATING RATE FUND | AT COST | 94,033 | 85,570 |
| PIMCO #103 FOREIGN BOND FD | AT COST | 0 | 0 |
| SBA 7.30% 5/1/2017 | AT COST | 3,096 | 2,966 |
| SBA 7.59% 1/1/2020 | AT COST | 6,416 | 6,134 |
| PROSHARES TR PSHS ULTSH 20 YRS | AT COST | 6,733 | 4,407 |
| SBA 5.29% 12/1/27 | AT COST | 12,674 | 12,298 |
| SBA #504944 PRIME+0.625% 2/25/25 | AT COST | 15,325 | 16,166 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CLERICAL SUPPORT | 30,000 | 30,000 | 0 | |
| BANK CHARGES | 41 | 41 | 0 | |
| AMORTIZATION BOND PREMIUM | 373 | 373 | 0 |
| Description | Amount |
|---|---|
| TIMING DIFFERENCES IN REPORTING INVESTMENT INCOME | 795 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT EXPENSES | 3,401 | 3,401 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STATE TAXES | 10 | 10 | 0 |