| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 60,250 | 0 | 60,250 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| WEBSITE DEVELOPMENT COSTS | 2015-11-24 | 11,950 | 7,302 | 36.000000000000 | 3,983 | 0 | 11,285 | |
| WEBSITE DEVELOPMENT COSTS | 2016-03-15 | 11,888 | 6,275 | 36.000000000000 | 3,963 | 0 | 10,238 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| SCHWAB #1407-3064 | 42,191,362 | 42,191,362 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| WEBSITE DEVELOPMENT COSTS | 11,950 | 11,285 | 665 | |
| WEBSITE DEVELOPMENT COSTS | 11,888 | 10,238 | 1,650 | |
| COMPUTER | 2,000 | 0 | 2,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 2,815 | 0 | 5,333 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADMINISTRATIVE EXPENSES | 1,811 | 0 | 1,811 | |
| INSURANCE EXPENSE | 7,605 | 0 | 7,605 | |
| MARKETING | 2,883 | 0 | 2,883 | |
| MEMBERSHIP FEES | 225 | 0 | 225 | |
| SOFTWARE EXPENSES | 3,652 | 0 | 3,652 | |
| WORKERS COMPENSATION | 2,037 | 0 | 2,037 | |
| PAYROLL FEES | 4,264 | 0 | 4,264 | |
| SCHOLARSHIP RECIPIENT AWARDS CONFERENCE | 93,713 | 0 | 93,713 | |
| AMORTIZATION | 7,946 | 0 | 0 |
| Description | Amount |
|---|---|
| NET UNREALIZED GAINS/(LOSSES) | 2,011,065 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEFERRED EXCISE TAX LIABILITY | 106,000 | 146,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 26,137 | 0 | 26,137 | |
| STATE TAX | 10 | 0 | 10 | |
| FEDERAL EXCISE TAXES | 250,000 | 0 | 0 |