| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting | 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 |
|---|---|---|---|---|---|---|---|---|---|
| Large Building | 2008-08-01 | 470,000 | 76,831 | SL | 0000000039.000000000000 | 12,051 | 12,051 | ||
| Small Building | 2008-08-01 | 70,000 | 11,443 | SL | 0000000039.000000000000 | 1,795 | 1,795 | ||
| Improvements | 2008-08-28 | 30,568 | 4,997 | SL | 0000000039.000000000000 | 784 | 784 | ||
| Camper Trailer | 2008-09-11 | 5,000 | 5,000 | 200DB | 0000000005.000000000000 | ||||
| Bunk Beds | 2008-11-24 | 5,200 | 4,968 | 200DB | 0000000007.000000000000 | 232 | 232 | ||
| 2011 Van | 2012-02-15 | 9,285 | 6,611 | 200DB | 0000000005.000000000000 | 1,070 | 1,070 | ||
| Canoes Trailer | 2008-08-01 | 3,500 | 3,344 | 200DB | 0000000007.000000000000 | 156 | 156 | ||
| Chevy Van | 2010-02-25 | 23,660 | 20,596 | 200DB | 0000000005.000000000000 | 1,363 | 1,363 | ||
| Movie Camera | 2008-08-01 | 2,000 | 2,000 | 200DB | 0000000005.000000000000 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| Bull KR7 | 2014-03 | 2015-01 | 1,976 | 1,471 | 505 | |||||
| 1 red heifer | 2014-06 | 2015-04 | 1,479 | 1,100 | 379 | |||||
| 3 Orange Tag Cows | 2014-06 | 2015-05 | 3,250 | 2,550 | 700 | |||||
| 1 Cow | 2014-07 | 2015-05 | 1,446 | 1,100 | 346 | |||||
| Orange 20 Died | 2015-02 | 2015-05 | 850 | -850 | ||||||
| Sale of Injured bub ranch bull | 2015-02 | 2015-09 | 879 | 2,666 | -1,787 | |||||
| 2 Orange Tags | 2015-04 | 2015-12 | 1,601 | 2,000 | -399 | |||||
| 6 Cows | 2015-03 | 2015-12 | 3,794 | 5,100 | -1,306 | |||||
| Timber Sale | 2014-01 | 2015-09 | 16,227 | 13,793 | 2,434 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Equipments and Tools | 52,500 | 52,500 | ||
| Barn | 30,000 | 13,270 | 16,730 | 16,730 |
| Tractor and Tools | 20,000 | 20,000 | ||
| Cattle | 61,600 | 61,600 | ||
| Bull | 1,435 | 1,435 | ||
| 46 Calves | 27,600 | 27,600 | ||
| 46 Cattle | 46,000 | 46,000 | ||
| Bull | 1,110 | 869 | 241 | 241 |
| Bull | 1,750 | 1,650 | 100 | 100 |
| Jackson LBW Bull | 2,500 | 2,068 | 432 | 432 |
| Larry McClanahan Bull | 1,471 | 1,216 | 255 | 255 |
| 1999 Ford F350 | 8,500 | 8,500 | ||
| Herford Bull Ledgerwood | 2,000 | 1,654 | 346 | 346 |
| Truck | 6,500 | 6,500 | ||
| Washer Dryer | 1,382 | 1,302 | 80 | 80 |
| LBW Bulls Bub Ranch | 8,000 | 6,157 | 1,843 | 1,843 |
| Trailer | 3,500 | 3,500 | ||
| Tractor Bush Hog | 4,000 | 3,643 | 357 | 357 |
| Zector Tractor | 26,640 | 25,452 | 1,188 | 1,188 |
| 15 Brush Hog Mower | 6,500 | 6,126 | 374 | 374 |
| ATVs | 11,700 | 11,700 | ||
| Land | 1,130,595 | 1,130,595 | 1,130,595 | |
| Land | 152,252 | 152,252 | 152,252 | |
| Land - 440 Acres | 452,500 | 452,500 | 452,500 | |
| Land - 80 Acres | 79,000 | 79,000 | 79,000 | |
| Tractor JD 5093 | 30,250 | 25,052 | 5,198 | 5,198 |
| Bush Mower | 13,255 | 10,149 | 3,106 | 3,106 |
| 2 Black Angus Bulls | 7,000 | 5,194 | 1,806 | 1,806 |
| Cattle from Mike | 5,550 | 3,680 | 1,870 | 1,870 |
| Cattle from Ash Flatt | 36,900 | 24,470 | 12,430 | 12,430 |
| Sofa | 2,969 | 2,174 | 795 | 795 |
| Foster Angus Bull | 3,850 | 2,310 | 1,540 | 1,540 |
| Larry Latham Bull | 3,400 | 2,040 | 1,360 | 1,360 |
| Milk Cow | 1,600 | 960 | 640 | 640 |
| Bull From Jackson | 4,000 | 2,400 | 1,600 | 1,600 |
| JD Baler 459 | 28,250 | 16,143 | 12,107 | 12,107 |
| DJ Disc Mo | 10,000 | 5,715 | 4,285 | 4,285 |
| Rake and Tedder | 9,700 | 5,543 | 4,157 | 4,157 |
| Cattle Pond | 6,000 | 3,429 | 2,571 | 2,571 |
| Perimeter Cattle Fence | 39,600 | 22,629 | 16,971 | 16,971 |
| Grass Fence | 6,600 | 3,772 | 2,828 | 2,828 |
| Cattle Corral Fence | 16,000 | 9,143 | 6,857 | 6,857 |
| Cattle Worky Pen | 7,000 | 4,000 | 3,000 | 3,000 |
| Alley and Chute | 2,517 | 1,439 | 1,078 | 1,078 |
| Bermuda Grass Plant | 4,800 | 2,640 | 2,160 | 2,160 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Large Building | 470,000 | 88,882 | 381,118 | 381,118 |
| Small Building | 70,000 | 13,238 | 56,762 | 56,762 |
| Improvements | 30,568 | 5,781 | 24,787 | 24,787 |
| Camper Trailer | 5,000 | 5,000 | ||
| Bunk Beds | 5,200 | 5,200 | ||
| 2011 Van | 9,285 | 7,681 | 1,604 | 1,604 |
| Canoes Trailer | 3,500 | 3,500 | ||
| Chevy Van | 23,660 | 21,959 | 1,701 | 1,701 |
| Movie Camera | 2,000 | 2,000 | ||
| Desks | 599 | 599 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Facilities and Equipment Maintenance | 5,768 | 2,000 | ||
| Bank Fees | 40 | 40 | ||
| Auto Expenses | 18,515 | 3,744 | ||
| Camping/Sporting Equipment | 1,827 | 1,827 | ||
| Cleaning Expense | 188 | 188 | ||
| Food Expense Retreats | 24,682 | 17,868 | ||
| Dues Fees | 194 | 494 | ||
| Repairs and Maintenance | 1,960 | 1,960 | ||
| Postage | 58 | 56 | ||
| Ministry Tools | 501 | 501 | ||
| Utilities | 6,790 | 4,413 | ||
| Insurance Liability | 8,215 | 3,689 | ||
| Fence Material | 11,699 | |||
| Cattle Feed | 45,915 | |||
| Cattle Transportation | 581 | |||
| Farm Fuel | 14,569 | |||
| Fertilizer/Spay | 30,637 | |||
| Internet Expense | 682 | |||
| Supplies | 7,527 | |||
| Labor Cattle | 16,598 | |||
| Small Tools and Equipment | 5,833 | 1,380 | ||
| Office Supplies | 679 | |||
| Telephone | 1,500 | |||
| Vet Visit/Med | 3,648 | |||
| Labor Pasture | 1,825 | 615 | ||
| ATV Repair | 756 | |||
| House Supplies | 1,373 | 1,373 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Grant Received | 72,130 | ||
| Other types of income | -11,250 | ||
| Fire Damage | 51,662 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Fire Damage Holding | 6,212 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| Sales of Hay/seed | 56,530 | 56,530 |
| Name | Address |
|---|---|
| NA |
|
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Real Estate Tax | 5,060 | 2,702 |