| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 6,880 | 3,440 | 0 | 3,440 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| VANGUARD SHORT-TERM INVESTMENT GRADE | 1,284,934 | 1,284,934 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BORDERLANDS RESTORATION, L3C, LLC | FMV | 70,383 | 70,383 |
| FEDERATED ULTRASHORT BOND FUND | FMV | 508,269 | 508,269 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DIVIDEND RECEIVABLE | 0 | 2,590 | 2,590 |
| Description | Amount |
|---|---|
| SECURITIES MARKET VALUE ADJUSTMENT | 2,947,339 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK SERVICE FEES | 30 | 30 | 0 | 0 |
| INSURANCE-GENERAL | 15,068 | 0 | 0 | 15,068 |
| INVESTMENT MGMT FEE | 8,079 | 8,079 | 0 | 0 |
| OFFICE SUPPLIES AND EXPENSE | 3,415 | 1,708 | 0 | 1,707 |
| POSTAGE AND DELIVERY | 168 | 84 | 0 | 84 |
| PRITZLAFF RANCH EXPENSES | 81,902 | 0 | 260 | 81,642 |
| ADVERTISING | 1,053 | 0 | 0 | 1,053 |
| TELEPHONE | 1,463 | 731 | 0 | 732 |
| MISCELLANEOUS EXPENSES | 108 | 0 | 0 | 108 |
| BOARDERLANDS EXPENSE | 71,394 | 0 | 0 | 71,394 |
| DUES AND SUBSCRIPTIONS | 700 | 350 | 0 | 350 |
| DEVELOPMENT RIGHTS | 62,500 | 0 | 0 | 62,500 |
| ACT PROJECT | 24,357 | 0 | 0 | 24,357 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FARMING INCOME | 260 | 260 | |
| BORDERLANDS RESTORATION L3C LLC | 6,449 | 6,449 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | 3,015 | 3,019 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING FEES | 34,330 | 0 | 0 | 34,330 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REAL ESTATE TAXES | 172 | 0 | 0 | 172 |
| PAYROLL TAXES - EXECUTIVE DIRECTOR | 4,654 | 0 | 0 | 4,654 |
| EXCISE TAX | 10,358 | 0 | 0 | 0 |