| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 8,150 | 2,038 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE & FIXTUR | 1998-11-16 | 114,609 | 114,609 | SL | 7.000000000000 | 0 | 0 | ||
| COPIER | 1998-12-16 | 3,865 | 3,865 | SL | 7.000000000000 | 0 | 0 | ||
| COMPUTERS | 1998-12-22 | 16,000 | 16,000 | SL | 5.000000000000 | 0 | 0 | ||
| PHONE SYSTEMS | 1998-12-22 | 2,153 | 2,153 | SL | 7.000000000000 | 0 | 0 | ||
| FAX MACHINE | 1998-12-22 | 283 | 283 | SL | 7.000000000000 | 0 | 0 | ||
| FURNITURE & FIXTUR | 1998-12-22 | 2,392 | 2,392 | SL | 7.000000000000 | 0 | 0 | ||
| OFFICE IMPROVEMENT | 1999-04-20 | 11,508 | 11,508 | SL | 7.000000000000 | 0 | 0 | ||
| FURNITURE & FIXTUR | 1999-03-09 | 75,669 | 75,669 | SL | 7.000000000000 | 0 | 0 | ||
| FURNITURE & FIXTUR | 2000-05-31 | 1,028 | 1,028 | SL | 7.000000000000 | 0 | 0 | ||
| FURNITURE & FIXTUR | 2000-08-22 | 1,652 | 1,652 | SL | 7.000000000000 | 0 | 0 | ||
| COMPUTER | 2000-10-31 | 2,450 | 2,450 | SL | 5.000000000000 | 0 | 0 | ||
| FURNITURE & FIXTUR | 2000-12-22 | 3,198 | 3,198 | SL | 7.000000000000 | 0 | 0 | ||
| OFFICE EQUIPMENT | 2000-12-27 | 182 | 182 | SL | 5.000000000000 | 0 | 0 | ||
| LAPTOP COMPUTER | 2001-09-19 | 2,611 | 2,611 | SL | 5.000000000000 | 0 | 0 | ||
| OFFICE EQUIPMENT | 2006-01-31 | 9,027 | 9,027 | SL | 5.000000000000 | 0 | 0 | ||
| LAPTOP COMPUTER | 2006-05-24 | 4,536 | 4,536 | SL | 5.000000000000 | 0 | 0 | ||
| OFFICE IMPROVEMENT | 2009-01-21 | 218 | 184 | SL | 7.000000000000 | 31 | 0 | ||
| OFFICE EQUIPMENT | 2010-07-01 | 4,722 | 4,248 | SL | 5.000000000000 | 474 | 0 | ||
| OFFICE IMPROVEMENT | 2015-06-30 | 218,288 | SL | 7.000000000000 | 15,592 | 0 | |||
| OFFICE EQUIPMENT | 2015-11-07 | 5,298 | SL | 5.000000000000 | 177 | 0 | |||
| FURNITURE & FIXTUR | 2015-10-07 | 47,689 | SL | 7.000000000000 | 1,703 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CALL SHARES | 302,505 | 571,744 |
| MERRILL LYNCH | 2,489,048 | 2,464,354 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE & FIXTUR | 114,609 | 114,609 | 0 | |
| COPIER | 3,865 | 3,865 | 0 | |
| COMPUTERS | 16,000 | 16,000 | 0 | |
| PHONE SYSTEMS | 2,153 | 2,153 | 0 | |
| FAX MACHINE | 283 | 283 | 0 | |
| FURNITURE & FIXTUR | 2,392 | 2,392 | 0 | |
| OFFICE IMPROVEMENT | 11,508 | 11,508 | 0 | |
| FURNITURE & FIXTUR | 75,669 | 75,669 | 0 | |
| FURNITURE & FIXTUR | 1,028 | 1,028 | 0 | |
| FURNITURE & FIXTUR | 1,652 | 1,652 | 0 | |
| COMPUTER | 2,450 | 2,450 | 0 | |
| FURNITURE & FIXTUR | 3,198 | 3,198 | 0 | |
| OFFICE EQUIPMENT | 182 | 182 | 0 | |
| LAPTOP COMPUTER | 2,611 | 2,611 | 0 | |
| OFFICE EQUIPMENT | 9,027 | 9,027 | 0 | |
| LAPTOP COMPUTER | 4,536 | 4,536 | 0 | |
| OFFICE IMPROVEMENT | 218 | 215 | 3 | |
| OFFICE EQUIPMENT | 4,722 | 4,722 | 0 | |
| OFFICE IMPROVEMENT | 218,288 | 15,592 | 202,696 | |
| OFFICE EQUIPMENT | 5,298 | 177 | 5,121 | |
| FURNITURE & FIXTUR | 47,689 | 1,703 | 45,986 |
| Item No. | 1 |
|---|---|
| Lender's Name | DONALD BURNS |
| Lender's Title | |
| Original Amount of Loan | |
| Balance Due | 826 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| 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 |
|---|---|---|---|
| BLUE RIDGE OFFSHORE PARTNERSHIP | 67,773 | 67,773 | 2,597,430 |
| OTHER ASSETS | 5,996 | 5,996 | 5,996 |
| OTHER ASSETS | 9,284 | 15,385 | 15,385 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK SERVICE CHARGES | -5 | -5 | 0 | |
| INVESTMENT MANAGEMENT FEE | 30,146 | 30,146 | 0 | |
| MEMBERSHIP FEES | 5,275 | 0 | 0 | |
| EQUIPMENT RENTAL | 2,687 | 0 | 0 | |
| INSURANCE | 25,966 | 0 | 0 | |
| POSTAGE AND DELIVERY | 582 | 0 | 0 | |
| SUPPLIES | 5,158 | 0 | 0 | |
| UTILITIES | 1,435 | 0 | 0 | |
| TELEPHONE | 18,950 | 0 | 0 | |
| NETWORK - INFORMATION SYSTEM | 12,542 | 0 | 0 | |
| PAYCHEX FEES | 2,487 | 0 | 0 | |
| DUES AND SUBSCRIPTONS | 833 | 0 | 0 | |
| FUNDRAISING EVENT EXPENSE | 11,430 | 0 | 0 | |
| REPAIRS | 315 | 0 | 0 | |
| K-1 OTHER EXPENSE | 1,047 | 1,047 | 0 | |
| TRAVEL & ENTERTAINMENT | 72 | 0 | 0 | |
| MISC. INCOME/EXPENSE | 11,049 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| K-1 INCOME | 17,501 | 17,501 | 17,501 |
| EMPLOYEE PAYROLL REIMBURSEMENT | 230,393 | 0 | 230,393 |
| PARTNERSHIP DISTRIBUTION | 59,140 | 0 | 59,140 |
| Borrower's Name | Relationship to Insider | Original Amount of Loan | Balance Due | Date of Note | Maturity Date | Repayment Terms | Interest Rate | Security Provided by Borrower | Purpose of Loan | Description of Lender Consideration | Consideration FMV |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MORTGAGE RECEIVABLE - VFW | NONE | 999,280 | 1,999,280 | 2009-02 | 2017-06 | INTEREST ONLY ANNUALLY - PRINCIPAL AT MATURITY | 288.0000000000 % | 1ST MORTGAGE ON REAL PROPERTY | CONSTRUCTION OF BUILDING BY 501(C)(19)ORGANIZATION | 0 | |
| MORTGAGE RECEIVABLE - 1700 DIXIE | NONE | 549,000 | 0 | 2011-08 | 2014-08 | INTEREST ONLY ANNUALLY - PRINCIPAL AT MATURITY | 600.0000000000 % | 1ST MORTGAGE ON REAL PROPERTY | CONSTRUCTION OF BUILDING BY 501(C)(19)ORGANIZATION | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEE | 11,498 | 0 | 0 | |
| OTHER PROFESSIONAL FEES | 7,018 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EMPLOYER PAYROLL TAXES | 24,081 | 2,408 | 0 | |
| FEDERAL EXCISE TAX | 7,833 | 7,833 | 0 | |
| LICENSES AND PERMITS | 1,329 | 1,329 | 0 | |
| FOREIGN TAX WITHHELD | 1,622 | 1,622 | 0 | |
| REAL ESTATE TAXES | 3,380 | 0 | 0 |