| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| JIM GAY, CPA ACCOUNTING & TAX | 1,275 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| NEW ROOF FACE | 2009-11-01 | 115,553 | 24,074 | SL | 39.000000000000 | 2,963 | |||
| AIR CONDITIONERS | 2009-03-03 | 34,480 | 21,246 | 150DB | 15.000000000000 | 2,036 | |||
| ROOF-2010 | 2010-05-10 | 76,400 | 14,937 | SL | 39.000000000000 | 1,959 | |||
| AIR CONDITIONER-2010 | 2010-10-10 | 14,000 | 6,649 | SL | 15.000000000000 | 933 | |||
| REMODELING & SUBDIVIDING | 2011-12-31 | 198,659 | 30,776 | SL | 39.000000000000 | 5,094 | |||
| Buildout-Remax 574 Richie HWY | 2012-06-22 | 16,000 | 2,272 | SL | 39.000000000000 | 410 | |||
| 2013 NEW ROOF | 2013-11-09 | 94,970 | 10,044 | SL | 39.000000000000 | 2,435 | |||
| 2014 NEW ROOF | 2014-06-23 | 85,350 | 7,749 | SL | 39.000000000000 | 2,189 | |||
| PARKING LOT PAVING | 2014-06-15 | 42,739 | 13,140 | 150DB | 15.000000000000 | 2,960 | |||
| 1331 CITIZENS PKWY, MORROW, GA | 2015-12-31 | 200,000 | 7,591 | SL | 39.000000000000 | 3,718 | |||
| 8031 RITCHIE HIGHWAY, PASADENA, MARYLAND | 2017-09-26 | 712,688 | 2,608 | SL | 39.000000000000 | 8,941 | |||
| Ritchie Hwy Improvements | 2018-08-31 | 21,045 | SL | 39.000000000000 | 202 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Assets | 1,192,884 | 174,926 | 1,017,958 | |
| Land | 419,000 | 0 | 419,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal Severna Legal | 800 | |||
| Mauk & Baker Legal | 4,031 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Due from Tenants | 0 | 9,111 | 9,111 |
| Timing Adjustments | 0 | 16,113 | 16,113 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 29,343 | |||
| MAINT & REPAIRS | 26,570 | |||
| MANAGEMENT FEES | 39,110 | |||
| Bevenolent | 2,000 | |||
| ANNUAL REPORT FILING | 61 | |||
| SNOW REMOVAL | 5,153 | |||
| SECRETARIAL | 28,675 | |||
| UTILITIES | 19,801 | |||
| LOT CLEANING | 650 | |||
| Advertising | 480 | |||
| TELEPHONE | 1,789 | |||
| CREDIT CARDS | 57,010 | |||
| SUPPLIES | 4,469 | |||
| BANK SERVICE CHARGES/FEES | 361 | |||
| Web Hosting | 316 | |||
| Lot Cleaning/Mulch | 428 | |||
| Tenant Reimb | 16 | |||
| Postage | 71 | |||
| Meeting Expenses | 1,944 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| RAYMOND JAMES & ASCC FEES & EXPENSES | 5,922 | |||
| CENTRAL MISSIONARY CLEARING HOUSE CLEARING HOUSE FEES | 0 | |||
| KAJ Business Asoc COMMISSIONS | 3,500 | |||
| Professional Fees Professional Fees | 800 | |||
| Engineering Engineering | 6,150 | |||
| Blumenthal Engineering | 6,679 | |||
| Arundel Inspections | 283 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INCOME TAX | 4,857 | 0 | ||
| FOREIGN TAX PAID | ||||
| PROPERTY TAXES | 72,657 |