| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Land - Tarkio, MO | 1995-10-31 | 8,071 | 0 | 0.00 | |||||
| Tower - Elmo, MO | 1996-07-01 | 23,575 | 18,429 | SL | 25.00 | 792 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Tower-Elmo, MO | 23,575 | 19,221 | 4,354 | |
| Land - Tarkio, MO | 8,071 | 8,071 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Permit - Intangible Assets | 9,000 | 7,000 | 7,000 |
| Permit - Intangible Assets | 9,000 | 7,000 | 7,000 |
| Permit - Intangible Assets | 9,000 | 7,000 | 7,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Permit - Intangible Assets | 9,000 | 7,000 | 7,000 |
| Permit - Intangible Assets | 9,000 | 7,000 | 7,000 |
| Permit - Intangible Assets | 9,000 | 7,000 | 7,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Permit - Intangible Assets | 9,000 | 7,000 | 7,000 |
| Permit - Intangible Assets | 9,000 | 7,000 | 7,000 |
| Permit - Intangible Assets | 9,000 | 7,000 | 7,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Amortization | 2,000 | 2,000 | ||
| Insurance | 1,356 | 1,356 | ||
| Payroll Service | 1,367 | 1,367 | ||
| Bank Service Charges | 747 | 747 | ||
| Licensing and fees | 1,932 | 1,932 | ||
| Other Admin. Services | 550 | 550 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Repayment of Expenses | 1,593 | 1,593 |
| Description | Amount |
|---|---|
| Rounding adjustment | 2 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
Karl Bentz |
34,841 |
| Item No. | 1 |
|---|---|
| Borrower's Name | PENFOLD COMMUNICATIONS INC |
| Borrower's Title | Non-Profit |
| Original Amount of Loan | 205000 |
| Balance Due | 343164 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | n/a |
| Interest Rate | 0 |
| Security Provided by Borrower | None |
| Purpose of Loan | Funds used for expenses |
| Description of Lender Consideration | monetary |
| Consideration FMV | 343164 |
| Item No. | 2 |
|---|---|
| Borrower's Name | WORD FOR TODAY |
| Borrower's Title | Non-Profit |
| Original Amount of Loan | 10000 |
| Balance Due | 361636 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | n/a |
| Interest Rate | 0 |
| Security Provided by Borrower | None |
| Purpose of Loan | Funds used for expenses |
| Description of Lender Consideration | monetary |
| Consideration FMV | 361636 |
| Item No. | 3 |
|---|---|
| Borrower's Name | HOPE FOR THE CHILDREN |
| Borrower's Title | Non-Profit |
| Original Amount of Loan | 100000 |
| Balance Due | 83247 |
| Date of Note | 2014-10 |
| Maturity Date | |
| Repayment Terms | n/a |
| Interest Rate | 0 |
| Security Provided by Borrower | None |
| Purpose of Loan | Funds used for expenses |
| Description of Lender Consideration | monetary |
| Consideration FMV | 83247 |
| Item No. | 4 |
|---|---|
| Borrower's Name | CUTTING EDGE FILMS |
| Borrower's Title | Officer |
| Original Amount of Loan | 2000 |
| Balance Due | 9156 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | n/a |
| Interest Rate | 0 |
| Security Provided by Borrower | None |
| Purpose of Loan | Funds used for expenses |
| Description of Lender Consideration | monetary |
| Consideration FMV | 9156 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll Taxes | 12,208 | 12,208 |