| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,689 | 0 | 0 | 3,689 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BLDG. 8621 SAN MATEO NE | 2016-01-01 | 615,000 | 30,904 | SL | 39.000000000000 | 15,769 | 15,769 | 15,769 | |
| LAND 8621 SAN MATEO NE | 2016-01-01 | 205,000 | L | 0 | 0 | 0 | |||
| IRRIGATION EQUIPMENT | 2017-01-03 | 4,000 | 571 | SL | 7.000000000000 | 571 | 571 | 571 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| SCHEDULE OF CONTROLLED ENTITIES | FORM 990-PF, PAGE 5, LINE 11 | NAME OF CONTROLLED ENTITY: BAYVIEW LAGOON SAADDRESS: 2-- MTRS. SO. OF FERRETERIA, SAN PEDRO SARCHI SUR, COSTA RICAEMPLOYER ID NO: 00-0000000EXCESS BUSINESS HOLDING: NO |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BLDG. 8621 SAN MATEO NE | 615,000 | 46,673 | 568,327 | |
| LAND 8621 SAN MATEO NE | 205,000 | 0 | 205,000 | |
| IRRIGATION EQUIPMENT | 4,000 | 1,142 | 2,858 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT IN BAYVIEW LAGOON S.A. | AT COST | 832,000 | 832,000 |
| MORGAN STANLEY INVESTMENTS | AT COST | 77,265 | 80,240 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| WATER RIGHTS | 102,208 | 102,208 | 102,208 |
| DEPLETABLE ASSETS - COFFEE PLANTS | 128,336 | 128,336 | 128,336 |
| LESS ACCUMULATED DEPLETION | -128,336 | -128,336 | -128,336 |
| ORGANIZATION COSTS | 5,415 | 5,415 | 5,415 |
| BUILDING & EQUIPMENT COSTA RICA | 63,244 | 63,244 | 63,244 |
| WORK IN PROGRESS | 71 | 67 | 67 |
| Description | Amount |
|---|---|
| CONSOLIDATION OF FOREIGN OPERATIONS | 12,517 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 30 | 0 | 0 | 30 |
| OFFICE EXPENSE | 69 | 0 | 0 | 69 |
| OTHER EXPENSES | 3,925 | 0 | 0 | 3,925 |
| TELEPHONE | 632 | 0 | 0 | 632 |
| REPAIRS | 272 | 272 | 272 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MORTGAGE LOANS INTEREST | 78,732 | 78,732 | 78,732 |
| INTEREST INCOME FROM INSTALLMENT SALE | 10,648 | 10,648 | 10,648 |
| PRINCIPAL PMTS ON INSTALL SALE | 27,381 | 27,381 | 27,381 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEFERRED INCOME - COSTA RICA | 259,280 | 225,240 |
| TAXES PAYABLE - COSTA RICA | 0 | 325 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADMINISTRATIVE SERVICES | 45,008 | 0 | 0 | 0 |
| OTHER PROFESSIONAL FEES | 619 | 0 | 0 | 0 |
| INVESTMENT FEES | 1,189 | 0 | 0 | 0 |
| Name | Address |
|---|---|
| FRANKLIN E WILSON |
333 LOMAS BLVD NE ALBUQUERQUE,NM87102 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES - OTHER | 3,163 | 0 | 0 | 3,163 |
| PROPERTY TAXES | 1,783 | 0 | 0 | 1,783 |