| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING, TAX & RELATED | 8,700 |
| 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 | 769,330 | 769,330 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EQUITIES - SEE ATTACHED | 16,573,047 | 16,573,047 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| CERTIF OF DEPOSIT-SEE ATTACHED | 402,362 | 402,362 | |
| MUTUAL FUNDS-SEE ATTACHED | 1,278,155 | 1,278,155 | |
| MONEY MAKET FUNDS-SEE ATTACHED | 262,700 | 262,700 | |
| ACCRUED INTEREST RECEIVABLE | 5,520 | 5,520 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL CONSULTING | 5,000 |
| 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 | 2,166,680 | 2,316,128 | 2,316,128 |
| LESS VALUATION RESERVE | -4,657,471 | -4,806,919 | -4,806,919 |
| Description | Amount |
|---|---|
| DEFERRED U.S. EXCISE TAX | 1,416 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BOOKKEEPING EXPENSES | 10,000 | |||
| ADMINISTRATIVE FEES | 1,000 | |||
| INSURANCE | 7,683 | |||
| OFFICE SUPPLIES & OTHER COSTS | 2,290 | |||
| TELEPHONE | 1,442 | |||
| STATE FILING FEES | 265 | |||
| BANK FEE | -300 | |||
| ACCRUED INTEREST RESERVE | 149,448 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MEMBERSHIP DUES & ASSESSMENTS | 14,135 | 14,135 |
| Description | Amount |
|---|---|
| NET UNREALIZED LOSS ON INVESTMENTS | 141,610 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEFERRED U.S EXCISE TAX | 104,225 | 105,641 |
| ACCRUED U.S. EXCISE TAX | 6,885 | 7,382 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| U.S. EXCISE TAX ON INVESTMENT | 11,497 | |||
| INCOME |