| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 68,915 | 0 | 68,915 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| WEBSITE DEVELOPMENT COSTS | 2015-11-24 | 11,950 | 11,285 | 36.000000000000 | 665 | 0 | 11,950 | |
| WEBSITE DEVELOPMENT COSTS | 2016-03-15 | 11,888 | 10,238 | 36.000000000000 | 1,650 | 0 | 11,888 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| SCHWAB #1407-3064 | 53,651,334 | 53,651,334 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| WEBSITE DEVELOPMENT COSTS | 11,950 | 11,950 | 0 | |
| WEBSITE DEVELOPMENT COSTS | 11,888 | 11,888 | 0 | |
| COMPUTER | 2,000 | 0 | 2,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 513 | 0 | 513 |
| Description | Amount |
|---|---|
| NET UNREALIZED GAINS/(LOSSES) | 4,540,028 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADMINISTRATIVE EXPENSES | 3,669 | 0 | 3,669 | |
| INSURANCE EXPENSE | 6,057 | 0 | 6,057 | |
| MEMBERSHIP FEES | 225 | 0 | 225 | |
| SOFTWARE EXPENSES | 4,196 | 0 | 4,196 | |
| WORKERS COMPENSATION | 3,303 | 0 | 3,303 | |
| PAYROLL FEES | 4,734 | 0 | 4,734 | |
| SCHOLARSHIP RECIPIENT AWARDS CONFERENCE | 47,473 | 0 | 47,473 | |
| FEDERAL EXCISE TAXES | -50,973 | 0 | 0 | |
| AMORTIZATION | 2,315 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEFERRED EXCISE TAX LIABILITY | 146,000 | 55,027 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 26,168 | 0 | 26,168 | |
| STATE TAX | 235 | 0 | 235 |