| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,230 | 808 | 0 | 2,422 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING-MURPHY SCHOOL | 2015-05-07 | 962,400 | 83,285 | SL | 39.000000000000 | 24,677 | 0 | 24,677 | |
| AUDIO EQUIPMENT | 2010-06-18 | 500 | 500 | SL | 7.000000000000 | 0 | 0 | 0 | |
| SIGNS | 2010-05-21 | 275 | 275 | SL | 7.000000000000 | 0 | 0 | 0 | |
| FURNITURE | 2010-06-01 | 2,280 | 2,280 | SL | 7.000000000000 | 0 | 0 | 0 | |
| FURNITURE AND FIXTURES | 2010-08-01 | 7,862 | 7,815 | SL | 7.000000000000 | 0 | 0 | 0 | |
| CHAIRS | 2010-10-06 | 1,196 | 1,111 | SL | 7.000000000000 | 0 | 0 | 0 | |
| FRIDGE, OVEN, MICRO | 2010-10-10 | 2,478 | 2,301 | SL | 7.000000000000 | 0 | 0 | 0 | |
| SIGNAGE | 2015-02-23 | 918 | 469 | SL | 7.000000000000 | 131 | 0 | 131 | |
| LAND - MURPHY SCHOOL | 2015-05-07 | 67,600 | L | 0 | 0 | 0 | |||
| AUDITORIUM FLOOR UPGRADE | 2016-02-28 | 1,448 | 96 | SL | 39.000000000000 | 37 | 0 | 37 | |
| ROOF IMPROVEMENTS | 2016-07-15 | 1,255 | 72 | SL | 39.000000000000 | 32 | 0 | 32 | |
| NEW WAREHOUSE BUILDING | 2017-09-01 | 167,347 | 4,649 | SL | 39.000000000000 | 4,291 | 0 | 4,291 | |
| FLOOR IMPROVEMENTS | 2018-06-20 | 1,971 | 13 | SL | 39.000000000000 | 51 | 0 | 51 | |
| CHAIRS | 2018-07-08 | 1,270 | 45 | SL | 7.000000000000 | 181 | 0 | 181 | |
| PAVING ENTRANCE | 2019-02-05 | 2,200 | SL | 39.000000000000 | 38 | 0 | 38 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| PUBLICLY TRADED SECURITIES | AT COST | 1,707,658 | 1,861,294 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING-MURPHY SCHOOL | 962,400 | 107,962 | 854,438 | |
| AUDIO EQUIPMENT | 500 | 500 | 0 | |
| SIGNS | 275 | 275 | 0 | |
| FURNITURE | 2,280 | 2,280 | 0 | |
| FURNITURE AND FIXTURES | 7,862 | 7,815 | 47 | |
| CHAIRS | 1,196 | 1,111 | 85 | |
| FRIDGE, OVEN, MICRO | 2,478 | 2,301 | 177 | |
| SIGNAGE | 918 | 600 | 318 | |
| LAND - MURPHY SCHOOL | 67,600 | 0 | 67,600 | |
| AUDITORIUM FLOOR UPGRADE | 1,448 | 133 | 1,315 | |
| ROOF IMPROVEMENTS | 1,255 | 104 | 1,151 | |
| NEW WAREHOUSE BUILDING | 167,347 | 8,940 | 158,407 | |
| FLOOR IMPROVEMENTS | 1,971 | 64 | 1,907 | |
| CHAIRS | 1,270 | 226 | 1,044 | |
| PAVING ENTRANCE | 2,200 | 38 | 2,162 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN/LOSS ON CONTRIBUTED SECURITIES | 95,357 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONTRACT SERVICES | 14,710 | 0 | 0 | 14,710 |
| WEBSITE | 299 | 0 | 0 | 299 |
| MISCELLANEOUS | 12,925 | 79 | 0 | 12,846 |
| POSTAGE | 11 | 0 | 0 | 11 |
| SECURITY | 718 | 0 | 0 | 718 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| SPECIAL EVENTS | 35,702 | 35,702 | |
| FUNDRAISING | 15,475 | 15,475 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARD PAYABLE | 1,001 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISORY FEES | 16,080 | 16,080 | 0 | 0 |
| Name | Address |
|---|---|
| JESSE MILLER III |
2115 HOMESTEAD ROAD CHAPEL HILL,NC27516 |
|
MILLER PROPERTY MANAGEMENT |
3329 CHAPEL HILL BLVD STE 200A DURHAM,NC27707 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 406 | 0 | 0 | 406 |
| EXCISE TAXES | 403 | 0 | 0 | 0 |