| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| DONATED COLLECTIBLE VEHICLES | 3,789,784 | 3,789,784 | 3,789,784 | |
| EQUIPMENT | 227,990 | 227,990 | 227,990 | |
| TOOLS AND SHOP EQUIPMENT | 14,501 | 14,501 | 14,501 | |
| AUTO MEMORABILIA | 142,938 | 142,938 | 142,938 | |
| OFFICE EQUIPMENT | 5,435 | 5,435 | 5,435 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| AUTO RESTORATION | 400,215 | 400,215 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| IMPROVEMENTS | 80,818 | 202,760 | 202,760 |
| SIGNAGE | 34,294 | 34,294 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| INSURANCE EXPENSE | 15,097 | 15,097 | ||
| OFFICE EXPENSE | 2,988 | 2,988 | ||
| COST OF SALES | 5,701 | 5,701 | ||
| SHOP EXPENSE | 3,466 | 3,466 | ||
| PAYROLL EXP | 27 | 27 | ||
| ADVERTISING PROMOTION | 4,679 | 4,679 | ||
| UTILITIES | 3,184 | 3,184 | ||
| ALARM SECURITY | 449 | 449 | ||
| DUES AND SUBSCRIPTIONS | 2,425 | 2,425 | ||
| BUSINESS MEALS | 152 | 152 | ||
| OPERATING EXPENSE | 5,889 | 5,889 | ||
| SMALL ASSET EXPENSE | 53,841 | 53,841 | ||
| AUTO MAINTENANCE | 371 | 371 | ||
| TRANSPORTATION EXPENSES | 1,173 | 1,173 | ||
| PHONE/INTERNET EXPENSES | 828 | 828 | ||
| CLEANING SERVICES | 498 | 498 | ||
| REPAIRS/MAINTENANCE | 5,417 | 5,417 | ||
| PENALTIES | 9 | 9 | ||
| BANK FEES | 160 | 160 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| LOAN FROM PEARL | 109,170 | |
| DEPOSIT | 3,380 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL SERVICES | 68,963 | 68,963 |
| Name | Address |
|---|---|
| TROY THOMAS |
319 D STREET NW SUITE 104 AUBURN,WA98001 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BUSINESS LICENSE | 89 | 89 |