| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| RESTAURANT & GIFT SHOP | 1,448 | 1,448 | ||
| INDIRECT ACCOUNTING FEES | 1,448 | 1,448 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| VICTORY 23 CU FT COOLER | 2004-06-15 | 1,200 | 1,200 | 200DB | 5.0000 | ||||
| VICTORY 23 CU FT FREEZER | 2004-06-15 | 1,800 | 1,800 | 200DB | 5.0000 | ||||
| TRUE ST STEEL FREEZER | 2004-06-15 | 1,997 | 1,997 | 200DB | 5.0000 | ||||
| TRUE ST STEEL REFRIG | 2004-06-15 | 1,615 | 1,615 | 200DB | 5.0000 | ||||
| SOUTHBEND RANGE-4 BURNER | 2004-06-15 | 1,715 | 1,715 | 200DB | 5.0000 | ||||
| ELECTRIC CONVECTION OVEN | 2004-06-15 | 756 | 756 | 200DB | 5.0000 | ||||
| ELEC ROTISSERIE OVEN | 2004-06-15 | 1,831 | 1,831 | 200DB | 5.0000 | ||||
| LOW TEMP DISHWASHER | 2004-06-15 | 3,334 | 3,334 | 200DB | 5.0000 | ||||
| KITCHEN AID FOOD PROCESS | 2004-06-15 | 229 | 229 | 200DB | 5.0000 | ||||
| KITCHEN AID MIXER | 2004-06-15 | 317 | 317 | 200DB | 5.0000 | ||||
| EPSON REGISTER SYS - 75% | 2004-06-15 | 6,466 | 6,466 | 200DB | 5.0000 | ||||
| ICE CREAM DIPPING CABINET | 2004-06-15 | 3,225 | 3,225 | 200DB | 5.0000 | ||||
| ISLAND COFFEE COUNTER | 2004-06-15 | 1,093 | 1,093 | 200DB | 5.0000 | ||||
| TRIPLE SPINDLE MIXER | 2004-06-15 | 540 | 540 | 200DB | 5.0000 | ||||
| STAINLESS STEEL TABLES | 2004-06-15 | 950 | 950 | 200DB | 5.0000 | ||||
| O/S TRAXH/ASH CANS-50% | 2004-06-15 | 509 | 509 | 200DB | 5.0000 | ||||
| MICRO FLOOR SCRUBBER-1/2 | 2004-06-15 | 1,675 | 1,675 | 200DB | 5.0000 | ||||
| SUPER COACH VAC | 2004-06-15 | 217 | 217 | 200DB | 5.0000 | ||||
| CHROME SHELVES | 2004-06-15 | 2,500 | 2,500 | 200DB | 5.0000 | ||||
| SERVING UTENSILS/DISHES | 2004-06-15 | 4,200 | 4,200 | 200DB | 5.0000 | ||||
| KITCHEN EQUIP/PANS | 2004-06-15 | 3,494 | 3,494 | 200DB | 5.0000 | ||||
| ROLLER GRILL & SOUP KITCH | 2004-06-15 | 1,084 | 1,084 | 200DB | 5.0000 | ||||
| WOODEN MAGAZINE HOLDER | 2004-06-15 | 262 | 262 | 200DB | 7.0000 | ||||
| PORTABLE TABLES/CHRS/TRLRS | 2004-06-15 | 2,705 | 2,705 | 200DB | 5.0000 | ||||
| DESK, CHAIR, ETC-1/2 | 2004-06-15 | 247 | 247 | 200DB | 7.0000 | ||||
| TELEPHONE | 2004-06-15 | 109 | 109 | 200DB | 5.0000 | ||||
| LINENS | 2004-06-15 | 651 | 651 | 200DB | 5.0000 | ||||
| NEON SIGN | 2004-06-15 | 750 | 750 | 200DB | 5.0000 | ||||
| ICE CREAM DISPENSER ETC | 2004-06-15 | 160 | 160 | 200DB | 5.0000 | ||||
| TABLE | 2004-06-26 | 225 | 225 | 200DB | 5.0000 | ||||
| MUGS | 2004-08-04 | 2,480 | 2,480 | 200DB | 5.0000 | ||||
| UNIFORMS | 2004-08-04 | 962 | 962 | 200DB | 5.0000 | ||||
| LANDSCAPING-R | 2004-05-15 | 349 | 201 | 150DB | 20.0000 | 15 | 15 | ||
| BBQ GRILL | 2005-02-06 | 1,514 | 1,514 | 200DB | 5.0000 | ||||
| FRIGIDAIRE WASHER & DRYER | 2006-01-17 | 1,019 | 1,019 | 200DB | 5.0000 | ||||
| FREEZER | 2007-06-22 | 523 | 523 | 200DB | 7.0000 | ||||
| CASH REGISTER-50% | 2008-04-02 | 193 | 185 | 200DB | 7.0000 | 8 | 8 | ||
| COUNTER TOP GRILL | 2009-10-06 | 1,161 | 941 | 200DB | 7.0000 | 104 | 104 | ||
| CASH REGISTER | 2012-05-22 | 280 | 163 | 200DB | 7.0000 | 33 | 33 | ||
| TURBOAIR FREEZER | 2012-03-29 | 2,677 | 1,653 | 200DB | 7.0000 | 292 | 292 | ||
| FURNACE 1/2 | 2013-04-22 | 1,150 | 50 | S/L | 39.0000 | 30 | 30 | ||
| EPSON REGISTER SYS - 25% | 2004-06-15 | 2,155 | 2,155 | 200DB | 5.0000 | ||||
| O/S TRASH/ASH CANS-50% | 2004-06-15 | 510 | 510 | 200DB | 5.0000 | ||||
| MICRO FLOOR SCRUBBER 1/2 | 2004-06-15 | 1,675 | 1,675 | 200DB | 5.0000 | ||||
| SUPER COACH VAC-1/2 | 2004-06-15 | 218 | 218 | 200DB | 5.0000 | ||||
| NEON SIGN - 1/2 | 2004-06-15 | 750 | 750 | 200DB | 5.0000 | ||||
| DESK, CHAIR, ETC. 1/2 | 2004-06-15 | 248 | 248 | 200DB | 7.0000 | ||||
| LANDSCAPING - M | 2004-05-15 | 349 | 201 | 150DB | 20.0000 | 15 | 15 | ||
| CASH REGISTER - 50% | 2008-04-28 | 193 | 185 | 200DB | 7.0000 | 8 | 8 | ||
| COMPUTER MONITOR | 2010-01-10 | 473 | 446 | 200DB | 5.0000 | 27 | 27 | ||
| SECURITY MONITOR | 2012-12-10 | 2,400 | 1,219 | 200DB | 7.0000 | 338 | 338 | ||
| FURNACE - 1/2 | 2013-04-22 | 1,150 | 50 | S/L | 39.0000 | 30 | 30 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 68,287 | 64,104 | 4,183 | 6,829 |
| Item No. | 1 |
|---|---|
| Lender's Name | JOE MARLENE CRANE |
| Lender's Title | DIRECTORS |
| Original Amount of Loan | 88320 |
| Balance Due | 80596 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | DEMAND |
| Interest Rate | |
| Security Provided by Borrower | NONE |
| Purpose of Loan | EQUIPMENT & OPERATING FUNDS |
| Description of Lender Consideration | NONE |
| Consideration FMV |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| RESTAURANT & GIFT SHOP | ||||
| INSURANCE - WORKERS COMP | 1,693 | 1,693 | ||
| TELEPHONE | 1,034 | 1,034 | ||
| POSTAGE & SHIPPING | 595 | 595 | ||
| CREDIT CARD FEES | 4,152 | 4,152 | ||
| SUPPLIES | 7,871 | 7,871 | ||
| ADVERTISING | 2,527 | 2,527 | ||
| EXPENSES | ||||
| ADVERTISING | 2,647 | 2,647 | ||
| INSURANCE - WORKERS COMP | 642 | 642 | ||
| POSTAGE & SHIPPING | 2 | 2 | ||
| REPAIRS & MAINTENANCE | 347 | 347 | ||
| SUPPLIES | 22 | 22 | ||
| TELEPHONE | 1,034 | 1,034 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MUSEUM | 566 | 566 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAXES WITHHELD | 1,557 | 1,654 |
| SALES TAXES COLLECTED | 2,868 | 750 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| RESTAURANT & GIFT SHOP | 195,513 | 92,710 | 102,803 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 2,726 | 2,726 | ||
| TAXES & LICENSES | 5,438 | 5,438 | ||
| RESTAURANT & GIFT SHOP | 10,209 | 10,209 |