| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting Fees | 32,745 | 4,912 | 0 | 19,647 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 32,330 | 19,291 | 13,039 | 13,039 |
| Buildings | 2,479,145 | 1,626,996 | 852,149 | 3,444,389 |
| Improvements | 173,347 | 43,435 | 129,912 | |
| Land | 996,612 | 996,612 | 804,209 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal Fees (not capitalized to CIP) | 1,615 | 242 | 0 | 969 |
| Item No. | 1 |
|---|---|
| Lender's Name | Bank of Willits |
| Lender's Title | |
| Relationship to Insider | Financial Institution |
| Original Amount of Loan | |
| Balance Due | |
| Date of Note | 2004-03 |
| Maturity Date | 2021-12 |
| Repayment Terms | $10348/ mo. |
| Interest Rate | 7.5000 |
| Security Provided by Borrower | Foundation Property |
| Purpose of Loan | Purchase of Building |
| Description of Lender Consideration | |
| Consideration FMV |
| Item No. | 2 |
|---|---|
| Lender's Name | OSHPD Loan Fee |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | |
| Balance Due | |
| Date of Note | |
| Maturity Date | 2009-12 |
| Repayment Terms | Various per agreement |
| Interest Rate | 5.5000 |
| Security Provided by Borrower | Foundation Property |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Debt Issuance Costs | 190,291 | ||
| Developments in Progress | 2,718,949 | 7,681,028 | 8,654,868 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Insurance | 39,309 | 5,896 | 23,585 | |
| Other Administrative | 25,816 | 2,744 | 18,175 | |
| Other Payroll Related Expenses | 15,004 | 6,002 | 5,251 | |
| Supplies for Charitable Programs | 40,302 | 40,302 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Miscellaneous | 824 | ||
| Wellness & Garden | 82,689 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Grant Research | 2,250 | 0 | 0 | 2,250 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Foundation Taxes | 14,077 | |||
| Property taxes | 12,397 | 4,918 | 4,380 | |
| Tax and License | 195 | 29 | 117 |