| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 14,756 | 14,756 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE FURNITURE | 2006-08-11 | 4,874 | 4,873 | M7 | |||||
| OFFICE FURNITURE | 2007-04-04 | 918 | 918 | M7 | |||||
| BUILDING | 2007-10-01 | 3,466,665 | 1,089,549 | M39 | 88,885 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| NORTHERN TRUST | 4,602,054 | 5,969,665 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 3,466,665 | 1,178,434 | 2,288,231 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE FURNITURE | 4,874 | 4,873 | 1 | |
| OFFICE FURNITURE | 918 | 918 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| RENT DEPOSIT | 6,465 | 6,465 | 6,465 |
| Description | Amount |
|---|---|
| PRIOR PERIOD ADJUSTMENT | 38,158 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SUPPLIES | 4,644 | 4,644 | ||
| RENT | 28,116 | 28,116 | ||
| TELEPHONE | 1,479 | 1,479 | ||
| INSURANCE | 8,012 | 8,012 | ||
| DUES & SUBSCRIPTIONS | 40 | 40 | ||
| BANK CHARGES | 30 | 30 | ||
| POSTAGE & DELIVERY | 106 | 106 | ||
| INVESTMENT MANAGEMENT FEES | 39,815 | 19,908 | 19,908 | |
| OTHER-BONUS | 400 | 400 | ||
| APPRAISAL FEES | 9,160 | 9,160 | ||
| EQUIPMENT REPLACEMENT | 147 | 147 | ||
| FILING FEE | 75 | 75 | ||
| Rent and Royalty Expense | 3,234 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER INCOME-NT | 331 | 331 | |
| WESTERN NATIONAL RESOURCES | 20,000 | 20,000 | |
| SECOND TRANSMISSION EASEMENT | 25,000 | 25,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 4,358 | 4,358 | ||
| FTB | 10 | 10 | ||
| IRS | 13,036 | 13,036 |