| 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 | 32,883 | 11,107 | 11,107 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| WALLER INVESTMENTS - LPL | 1,932,984 | 1,932,984 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENTS: JAN/GEORGE RICHARDS END | FMV | 53,843 | 53,843 |
| 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 | 104,968 | 787 | 105,755 |
| MACHINE SHED | 47,093 | 47,093 | 47,093 | |
| LIVESTOCK BARN | 74,499 | 74,347 | 152 | 74,499 |
| PROPERTY IMPROVEMENTS | 117,305 | 90,141 | 27,164 | 117,305 |
| FARM HOUSE | 163,176 | 133,972 | 29,204 | 163,176 |
| FARM BUILDINGS | 7,760 | 6,055 | 1,705 | 7,760 |
| EDUCATION BUILDING | 472,578 | 416,300 | 56,278 | 472,578 |
| 1,202,771 | 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 | 12,709 | ||
| ASSETS HELD BY OTHERS: COMMUNITY FOU | 6,331 | 6,655 | |
| COLUMBUS FOUNDATION | 12,673 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| BANKING FEES | 3,484 | 3,484 | ||
| DEVELOPMENT | 15,453 | 15,453 | ||
| DUES & SUBSCRIPTIONS | 551 | 551 | ||
| FUEL | 3,792 | 3,792 | ||
| INSURANCE | 6,687 | 6,687 | ||
| POSTAGE & PRINTING | 4,177 | 4,177 | ||
| GROUNDS | 5,420 | 5,420 | ||
| LIVESTOCK | 2,876 | 2,876 | ||
| OTHER PRO FEES | 7,462 | 7,462 | ||
| ED BUILDING | 3,899 | 3,899 | ||
| EQUIPMENT | 5,274 | 5,274 | ||
| FENCE | -22 | -22 | ||
| GROUNDS | 9,837 | 9,837 | ||
| REPAIRS & MAINTENANCE:HOUSE | 245 | 245 | ||
| OFFICE | 15 | 15 | ||
| OUTBUILDINGS | 1,826 | 1,826 | ||
| TOOLS | 75 | 75 | ||
| TRUCK | 9,642 | 9,642 | ||
| CROPS | 5,052 | 5,052 | ||
| ED. BLDG | 1,434 | 1,434 | ||
| EQUIPMENT | 412 | 412 | ||
| FENCE | 55 | 55 | ||
| GROUNDS | 864 | 864 | ||
| LIVESTOCK | 1,535 | 1,535 | ||
| OFFICE | 1,354 | 1,354 | ||
| SUGARING | 853 | 853 | ||
| TOOLS | 380 | 380 | ||
| VETMED | 289 | 289 | ||
| PAYCHEX | 1,009 | 1,009 | ||
| VOLUNTEER | 1,147 | 1,147 | ||
| HORT/GARDENS | 29 | 29 | ||
| MILEAGE & TRAVEL | 751 | 751 | ||
| BEES | 1,612 | 1,612 | ||
| OUTBUILDINGS | 4,270 | 4,270 | ||
| GIFTS | -15 | -15 | ||
| MISCELLANEOUS | 1 | 1 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PROGRAMS | 110,736 | 110,736 | |
| EVENTS | 53,071 | 53,071 |
| Description | Amount |
|---|---|
| UNREALIZED APPRECIATION | -117,832 |
| BOOK/TAX DIFFERENCE 1099 FORMS | 10,204 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | ||
| SALES TAX | 30 | 85 |
| ACCRUED RETIREMENT EXP | 12,600 | 12,600 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEE | 10,367 | 10,367 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BWC | 1,964 | 1,964 | ||
| SOCIAL SEC - EMPLOYER MATCH | 26,916 | 9,796 | 17,120 | |
| TAXES, LICENSES & PERMITS | 8,436 | 4,218 | 4,218 | |
| FOREIGN TAX | 338 | 338 | ||
| INVESTMENT TAX | 4,273 |