| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREP | 1,200 | 0 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| PROPERTY | 2002-06-30 | 2,816,321 | L | 99.000000000000 | 0 | 0 | 0 | ||
| COMMERCIAL BUILDING | 2003-06-30 | 140,380 | 61,187 | SL | 39.000000000000 | 3,599 | 0 | 3,599 | |
| ATHLETIC FIELD & BUILDING | 2003-06-30 | 353,300 | 148,956 | SL | 39.000000000000 | 9,059 | 0 | 9,059 | |
| DORMATORY | 2003-06-30 | 340,000 | 148,206 | SL | 39.000000000000 | 8,718 | 0 | 8,718 | |
| VAN | 2005-06-30 | 15,250 | 15,250 | SL | 5.000000000000 | 0 | 0 | 0 | |
| BOYS HOME | 2006-06-30 | 50,000 | 17,948 | SL | 39.000000000000 | 1,282 | 0 | 1,282 | |
| LAND GRADING | 2006-06-30 | 112,539 | L | 39.000000000000 | 0 | 0 | 0 | ||
| LAND GRADING | 2020-06-19 | 14,000 | L | 39.000000000000 | 0 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| PROPERTY | 2,816,321 | 0 | 2,816,321 | |
| COMMERCIAL BUILDING | 140,380 | 64,786 | 75,594 | |
| ATHLETIC FIELD & BUILDING | 353,300 | 158,015 | 195,285 | |
| DORMATORY | 340,000 | 156,924 | 183,076 | |
| VAN | 15,250 | 15,250 | 0 | |
| BOYS HOME | 50,000 | 19,230 | 30,770 | |
| LAND GRADING | 112,539 | 0 | 112,539 | |
| LAND GRADING | 14,000 | 0 | 14,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DUE FROM DEE ANN WHITENTON | 3,218 | 3,218 | 3,218 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REPAIRS FOR FACILITIES | 4,811 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 36 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MISC TAXES | 22,483 | 0 | 0 | 0 |