| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| Land - Tarkio, MO | 1995-08 | Purchased | 2018-07 | Radio Free Ministries | 22,500 | 8,071 | FMV | 0 | 14,429 | 0 |
| Item No. | 1 |
|---|---|
| Lender's Name | PENFOLD COMMUNICATIONS |
| Lender's Title | EXEMPT ORG. |
| Relationship to Insider | |
| Original Amount of Loan | 9,890 |
| Balance Due | 9,890 |
| Date of Note | 2016-01 |
| Maturity Date | |
| Repayment Terms | REPAYMENT UPON SALE |
| Interest Rate | 0.00000000 |
| Security Provided by Borrower | TRANSLATOR |
| Purpose of Loan | PURCHASE OF TRANSLATOR |
| Description of Lender Consideration | MONETARY |
| Consideration FMV | 9890 |
| Item No. | 2 |
|---|---|
| Lender's Name | CALVARY CHAPEL SCOTTSDALE AZ |
| Lender's Title | EXEMPT ORG. |
| Relationship to Insider | |
| Original Amount of Loan | 100,000 |
| Balance Due | 100,000 |
| Date of Note | 2018-01 |
| Maturity Date | 2019-02 |
| Repayment Terms | TO BE REPAID BY 02/28/2019 |
| Interest Rate | 0.10000000 |
| Security Provided by Borrower | NONE |
| Purpose of Loan | FUNDS USED TO PAY EXPENSES |
| Description of Lender Consideration | MONETARY |
| Consideration FMV | 100000 |
| Description | Amount |
|---|---|
| Rounding adj | 3 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll Service | 951 | 951 | ||
| Bank Service Charges | 71 | 71 | ||
| Licensing and Fees | 67 | 67 | ||
| Dues/Subscriptions | 27 | 27 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Refunds | 860 | 860 |
| Borrower's Name | Relationship to Insider | Original Amount of Loan | Balance Due | Date of Note | Maturity Date | Repayment Terms | Interest Rate | Security Provided by Borrower | Purpose of Loan | Description of Lender Consideration | Consideration FMV |
|---|---|---|---|---|---|---|---|---|---|---|---|
| FLATHEAD VALLEY WIRELESS | ARMS-LENGTH | 30,000 | 4,662 | 2017-08 | 2018-12 | $2000 MONTHLY PYMT; NEGOTIABLE | 6.000000 % | ALL PERSONAL PROPERTY OF FM TRANS. STATION | INSTALLMENT SALE OF TRANSLATOR | INSTALLMENT SALE | 4,662 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
KARL BENTZ |
33,140 |
| Item No. | 1 |
|---|---|
| Borrower's Name | PENFOLD COMMUNICATIONS INC |
| Borrower's Title | EXEMPT ORG. |
| Original Amount of Loan | 351014 |
| Balance Due | 379420 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | N/A |
| Interest Rate | 0.00000000 |
| Security Provided by Borrower | None |
| Purpose of Loan | Funds used to pay expenses |
| Description of Lender Consideration | monetary |
| Consideration FMV | 379420 |
| Item No. | 2 |
|---|---|
| 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 | 0.00000000 |
| Security Provided by Borrower | NONE |
| Purpose of Loan | Funds used to pay expenses |
| Description of Lender Consideration | MONETARY |
| Consideration FMV | 9156 |
| Item No. | 3 |
|---|---|
| Borrower's Name | THE WORD FOR TODAY |
| Borrower's Title | PRESIDENT |
| Original Amount of Loan | 10000 |
| Balance Due | 384641 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | N/A |
| Interest Rate | 0.00000000 |
| Security Provided by Borrower | NONE |
| Purpose of Loan | FUNDS USED FOR EXPENSES |
| Description of Lender Consideration | MONETARY |
| Consideration FMV | 384641 |
| Item No. | 4 |
|---|---|
| Borrower's Name | HOPE FOR THE CHILDREN |
| Borrower's Title | EXEMPT. ORG |
| Original Amount of Loan | 100000 |
| Balance Due | 19197 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | N/A |
| Interest Rate | 0.00000000 |
| Security Provided by Borrower | NONE |
| Purpose of Loan | FUNDS USED FOR EXPENSES |
| Description of Lender Consideration | MONETARY |
| Consideration FMV | 19197 |
| Item No. | 5 |
|---|---|
| Borrower's Name | WISE TREATMENT |
| Borrower's Title | PRESIDENT |
| Original Amount of Loan | 1584 |
| Balance Due | 1584 |
| Date of Note | 2018-01 |
| Maturity Date | |
| Repayment Terms | N/A |
| Interest Rate | 0.00000000 |
| Security Provided by Borrower | NONE |
| Purpose of Loan | FUNDS FOR TAX PAYMENT |
| Description of Lender Consideration | MONETARY |
| Consideration FMV | 1584 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll Taxes | 10,244 | 10,244 | ||
| Franchise Tax Board | 39 | 39 |