| 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 | 2006-02-01 | 1,469 | 1,469 | 200DB | 5.000000000000 | 0 | |||
| PRINTER | 2008-03-13 | 1,091 | 1,091 | 200DB | 5.000000000000 | 0 | |||
| LAPTOP COMPUTER | 2010-10-18 | 628 | 628 | 200DB | 5.000000000000 | 0 | |||
| APPLE IPAD AIR 2 | 2015-03-10 | 609 | 574 | 200DB | 5.000000000000 | 35 | |||
| APPLE IPAD AIR | 2015-03-10 | 387 | 365 | 200DB | 5.000000000000 | 22 | |||
| BUILDING | 2018-12-13 | 311,755 | 8,327 | SL | 39.000000000000 | 7,994 | |||
| BUILDING RENOVATIONS | 2019-03-31 | 20,124 | 409 | SL | 39.000000000000 | 516 | |||
| BUILDING RENOVATIONS | 2019-06-03 | 15,722 | 568 | SL | 15.000000000000 | 1,048 | |||
| HVAC | 2019-10-07 | 4,000 | 133 | SL | 15.000000000000 | 267 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AVE MARIA MUTUAL FUNDS | 1,660,952 | 1,660,952 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE FURNITURE | 1,469 | 1,469 | 0 | |
| PRINTER | 1,091 | 1,091 | 0 | |
| LAPTOP COMPUTER | 628 | 628 | 0 | |
| APPLE IPAD AIR 2 | 609 | 609 | 0 | |
| APPLE IPAD AIR | 387 | 387 | 0 | |
| BUILDING | 351,601 | 19,261 | 332,340 | |
| LAND | 77,939 | 0 | 77,939 |
| Description | Amount |
|---|---|
| REALIZED LONG TERM CAPITAL LOSS | 960 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING AND PROMOTIONS | 9,799 | 9,799 | ||
| INSURANCE | 5,039 | 504 | 4,535 | |
| UTILITY EXPENSE | 3,905 | 391 | 3,514 | |
| TELEPHONE EXPENSE | 5,838 | 584 | 5,254 | |
| SUPPLIES/OFFICE EXPENSE | 4,743 | 474 | 4,269 | |
| CLIENT PROGRAMS | 6,255 | 6,255 | ||
| POSTAGE | 1,898 | 1,898 | ||
| BANK CHARGES | 141 | 14 | 127 | |
| MILEAGE REIMBURSEMENT | 2,408 | 241 | 2,167 | |
| REPAIRS & MAINTENANCE | 2,880 | 2,880 | ||
| SECURITY EXPENSE | 480 | 480 | ||
| DUES & SUBSCRIPTIONS | 525 | 525 | ||
| BACKGROUND CHECKS | 862 | 862 | ||
| AWARDS & BANQUETS | 2,578 | 2,578 |
| Description | Amount |
|---|---|
| LONG TERM CAPITAL GAIN DISTRIBUTIONS | 22,826 |
| UNREALIZED GAIN ON INVESTMENTS | 48,874 |
| PPP EXPENSE REIMBURSEMENT | 20,400 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAXES PAYABLE | 3,877 | 2,585 |
| CREDIT CARD PAYABLE | 0 | 639 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 7,390 | 1,229 | 6,161 | |
| FEDERAL INCOME TAX | 991 | 991 | 0 | |
| MISCELLANEOUS TAXES | 692 | 0 | 692 |