| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING, TAX & RELATED | 11,500 |
| 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 | 993,170 | 993,170 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EQUITIES - SEE ATTACHED | 16,186,009 | 16,186,009 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| CERTIF OF DEPOSIT-SEE ATTACHED | 454,445 | 454,445 | |
| MUTUAL FUNDS-SEE ATTACHED | 1,409,183 | 1,409,183 | |
| MONEY MAKET FUNDS-SEE ATTACHED | 228,068 | 228,068 | |
| ACCRUED INTEREST RECEIVABLE | 9,008 | 9,008 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL CONSULTING | 4,000 |
| 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 | 2,017,232 | 2,166,680 | 2,166,680 |
| LESS VALUATION RESERVE | -4,508,023 | -4,657,471 | -4,657,471 |
| Description | Amount |
|---|---|
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BOOKKEEPING EXPENSES | 7,875 | |||
| ADMINISTRATIVE FEES | 1,000 | |||
| INSURANCE | 7,531 | |||
| OFFICE SUPPLIES & OTHER COSTS | 4,118 | |||
| TELEPHONE | 1,398 | |||
| 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 | 16,685 | 16,685 |
| Description | Amount |
|---|---|
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEFERRED U.S EXCISE TAX | 108,087 | 104,225 |
| ACCRUED U.S. EXCISE TAX | 6,885 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| U.S. EXCISE TAX ON INVESTMENT | ||||
| INCOME | 17,167 |