| 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 |
|---|---|---|---|---|---|---|---|---|---|
| DEPRECIATION | 8,000,511 | 916,802 | 916,802 | 916,802 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BONDS | 3,203,959 | 3,821,551 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| STOCK | 15,513,775 | 15,513,775 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE & FIX.- GENERAL | 161,965 | 161,765 | 200 | 200 |
| FURNITURE & FIX.- FARMS | 1,423 | 1,423 | ||
| FURNITURE & FIX.- REAL ESTATE | 77,364 | 60,758 | 16,606 | 16,606 |
| MACHINERY & EQUIP.-GENERAL | 19,258 | 17,778 | 1,480 | 1,480 |
| MACHINERY & EQUIP.-FARMS | 38,912 | 33,299 | 5,613 | 5,613 |
| MACHINERY & EQUIP.-REAL ESTATE | 198,886 | 162,703 | 36,183 | 36,183 |
| VEHICLES - GENERAL | 177,562 | 65,993 | 111,569 | 111,569 |
| VEHICLES - FARMS | 4,317 | 3,670 | 647 | 647 |
| VEHICLES - REAL ESTATE | 153,218 | 87,864 | 65,354 | 65,354 |
| BUILDINGS - FARMS | 129,620 | 122,397 | 7,223 | 7,223 |
| BUILDINGS - REAL ESTATE | 22,711,229 | 9,762,772 | 12,948,457 | 13,016,673 |
| LAND - GENERAL | 45,129 | 45,129 | 45,129 | |
| LAND - REAL ESTATE | 7,781,960 | 7,781,960 | 12,790,718 | |
| OTHER ASSETS - GENERAL | 15,443 | 15,443 | ||
| OTHER ASSETS - FARMS | 77,653 | 77,653 | ||
| OTHER ASSETS - REAL ESTATE | 764,185 | 753,025 | 11,160 | 11,160 |
| ROYALTY LEASEHOLD | 106,090 | 54,893 | 51,197 | 51,197 |
| WORK IN PROGRESS - REAL ESTATE |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MUTUAL FUND - CAPITAL CASH | 17,547,157 | 17,547,157 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| ART & ANTIQUES - GENERAL | 31,443 | 31,443 | 31,443 | |
| LAND - CHARITIES | 47,474 | 6,221 | 41,253 | 47,474 |
| ART & ANTIQUES - CHARITIES | 78,555 | 78,555 | 78,555 | |
| MACHINERY & EQUIP.-CHARITIES | 327,040 | 274,981 | 52,059 | 52,059 |
| OTHER ASSETS - CHARITIES | 369,662 | 321,678 | 47,984 | 47,984 |
| FURNITURE & FIX.-CHARITIES | 664,971 | 662,393 | 2,578 | 2,578 |
| VEHICLES - CHARITIES | 716,788 | 503,054 | 213,734 | 213,734 |
| BUILDINGS - CHARITIES | 9,186,820 | 6,333,762 | 2,853,058 | 2,853,058 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 12,911 | 3,486 | 3,486 | 9,425 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| INVENTORY | 9,929 | 9,929 | 9,929 |
| KEY MAN INSURANCE | 2,187,837 | 2,214,491 | 2,214,491 |
| DEPOSITS | 418 | 2,712 | 2,712 |
| PREPAID INSURANCE | 1,159 | 1,155 | 1,155 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN/LOSS | 1,478,092 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ALLOWANCES | 22,510 | 6,078 | 6,078 | 16,432 |
| AUTO & VANS. | 59,702 | 16,120 | 16,120 | 43,582 |
| BANK CHARGES | 200,319 | 54,086 | 54,086 | 146,233 |
| BOAT EXPENSE | 25,350 | 25,350 | ||
| CLOTHING | 9,448 | 9,448 | ||
| CONTINUING EDUC. & SEMINARS | 723 | 723 | ||
| CONTRACT LABOR | 6,531 | 1,763 | 1,763 | 4,768 |
| DUES & SUBSCRIPTIONS. | 34,878 | 9,417 | 9,417 | 25,461 |
| FOOD EXPENSE | 58,887 | 58,887 | ||
| GIFTS | 22,091 | 22,091 | ||
| HOSPITAL & MEDICAL EXPENSES | 10,244 | 10,244 | ||
| HOUSING | 27,712 | 27,712 | ||
| INSURANCE | 1,015,100 | 588,758 | 588,758 | 426,342 |
| MEALS & ENT. | 7,396 | 1,997 | 1,997 | 5,399 |
| OTHER FEES | 2,053 | 554 | 554 | 1,499 |
| POSTAGE | 218 | 59 | 59 | 159 |
| PROMOTIONAL EXPENSE | 709 | 191 | 191 | 518 |
| RECREATION & LIBRARY | 49,498 | 49,498 | ||
| REPAIRS & MAINT. | 604,523 | 163,221 | 163,221 | 441,302 |
| SCHOOL & EDUCATION EXPENSE | 42,479 | 42,479 | ||
| SUPPLIES | 26,139 | 7,058 | 7,058 | 19,081 |
| TELEPHONE | 39,941 | 39,941 | ||
| TRACTORS & MOWERS. | 29,723 | 8,025 | 8,025 | 21,698 |
| UTILITIES | 331,962 | 89,630 | 89,630 | 242,332 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OPTION INCOME - GENERAL | 304,207 | 304,207 | 304,207 |
| OIL AND GAS INCOME | 45,330 | 45,330 | 45,330 |
| LATE FEE INCOME | 13,950 | 13,950 | 13,950 |
| DONATION INCOME | 15,000 | 15,000 | 15,000 |
| OTHER INCOME REAL ESTATE | 27,032 | 27,032 | 27,032 |
| OTHER REVENUE | 15,196 | 15,196 | 15,196 |
| BOOKKEEPING | 1,716 | 1,716 |
| Description | Amount |
|---|---|
| INCOME FROM SUBSIDIARY | 109,593 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
TENANT RECEIVABLES |
9,689 |
|
NOTES RECEIVABLES |
393,237 |
|
INTEREST RECEIVABLES |
32,709 |
|
EMPLOYEE LOANS |
1,168 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PROFESSIONAL FEES | 44,368 | 11,979 | 11,979 | 32,389 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 112,974 | 30,503 | 30,503 | 82,471 |
| TAXES | 130,871 | 35,335 | 35,335 | 95,536 |
| TAXES ON INVESTMENT INCOME | 49,471 | 49,471 |