| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT IN KELLY ESCROW FUND V, LLC | FMV | 6,000,000 | 6,000,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 202,545 | 0 | 202,545 | |
| CALUMET BUILDING | 503,446 | 0 | 503,446 | |
| FURNITURE AND FIXTURES | 37,328 | 37,328 | 0 |
| Description | Amount |
|---|---|
| ADJUSTMENT FOR FEDERAL INCOME TAXES PAID | 7,222 |
| BALANCE SHEET ADJUSTMENTS | 4,693 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REPAIRS/MAINTENANCE | 4,736 | 237 | 4,499 | |
| BANK FEES-KELLY ESCROW FUND V, LLC K-1 | 15,810 | 15,810 | 0 | |
| INSURANCE | 2,012 | 101 | 1,911 | |
| SECURITY | 419 | 21 | 398 | |
| HOA FEES | 6,300 | 315 | 5,985 | |
| UTILITIES | 2,947 | 147 | 2,800 | |
| OFFICE EXPENSES | 1,681 | 84 | 1,597 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 13,255 | 663 | 12,592 |
| Name | Address |
|---|---|
| SUSAN H EKKEBUS |
603 COUNTRY CLUB ROAD LAGRANGE,GA30240 |
| EDWARD R EKKEBUS |
603 COUNTRY CLUB ROAD LAGRANGE,GA30240 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 11,988 | 599 | 11,389 | |
| PROPERTY TAXES | 6,460 | 323 | 6,136 |