| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FISH | 2010-05-17 | 1,400 | |||||||
| FISH | 2011-05-10 | 3,239 | |||||||
| ST. JOHN'S CONSTRUCTION | 2011-02-15 | 3,983 | 3,983 | 200DB | 5.0000 | ||||
| FISH | 2012-05-31 | 2,148 | |||||||
| IRRIGATION SYSTEM | 2013-02-25 | 89,410 | 89,410 | 200DB | 5.0000 | ||||
| TRACTOR | 2013-03-06 | 67,800 | 67,800 | 200DB | 5.0000 | ||||
| FENCE | 2013-05-13 | 20,131 | 10,770 | 150DB | 15.0000 | 1,189 | 1,189 | ||
| WELL PUMP | 2013-06-06 | 24,714 | 24,163 | 200DB | 7.0000 | 551 | 551 | ||
| FISH | 2013-01-01 | 2,652 | |||||||
| FENCE | 2015-01-29 | 12,500 | 10,827 | 200DB | 7.0000 | 1,115 | 1,115 | ||
| GRAPPLE - FARM EQUIPMENT | 2014-07-21 | 4,100 | 3,826 | 200DB | 7.0000 | 183 | 183 | ||
| FARM EQUIPMENT - BLADES | 2015-04-08 | 4,800 | 4,157 | 200DB | 7.0000 | 429 | 429 | ||
| BLADES - FARM EQUIPMENT | 2015-04-08 | 4,800 | 4,157 | 200DB | 7.0000 | 429 | 429 | ||
| FENCE | 2016-02-01 | 7,650 | 6,797 | 200DB | 7.0000 | 341 | 341 | ||
| PECAN TREES | 2016-02-09 | 8,070 | 6,582 | 200DB | 10.0000 | 298 | 298 | ||
| FISH | 2018-01-01 | 2,354 | |||||||
| COMPUTER | 2018-01-01 | 969 | 969 | 200DB | 5.0000 | ||||
| CONSTRUCTION | 2011-02-01 | 27,263 | |||||||
| TRACK LOADER | 2020-06-03 | 43,850 | 200DB | 7.0000 | 43,850 | 43,850 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMB | 4,299,488 | 5,642,841 |
| STONE WEALTH MGMT | 8,483,292 | 6,596,764 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 3,201,667 | 3,201,667 | 2,114,800 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MADISON FUND VII | AT COST | 52,917 | 162,700 |
| MADISON FUND IX | AT COST | 33,240 | 63,948 |
| MADISON FUND X | AT COST | 73,648 | 86,472 |
| MADISON FUND XII | AT COST | 66,255 | 91,977 |
| ENTERPRISE PRODUCTS | AT COST | 35,742 | 68,469 |
| MADISON FUND XIV | AT COST | 64,950 | 76,336 |
| MADISON FUND XV | AT COST | 297,447 | 300,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| MACHINERY AND EQUIPMENT | 292,777 | 281,826 | 10,951 | |
| FISH | 39,056 | 39,056 |
| Description | Amount |
|---|---|
| NON-DEDUCTIBLE EXPENSES | 12 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LAND RENT | ||||
| INSURANCE | 5,184 | 5,184 | ||
| REPAIRS & MAINTENANCE | 31,904 | 31,904 | ||
| TAXES | 22,510 | 22,510 | ||
| ADVERTISING | 4,124 | 4,124 | ||
| OFFICE EXPENSES | 1,354 | 1,354 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MADISON FUND VII | -1,596 | ||
| ENERGY TRANSFER PARTNERS | -6,170 | ||
| MADISON FUND X | -1,402 | ||
| MADISON FUND XII | -1,057 | ||
| MADISON FUND XIV | -848 | ||
| MADISON FUND XV | -2,766 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
OTHER LOANS |
12,197 |
|
OTHER RECEIVABLE |
|
|
NR - PARKED INVESTMENTS LLC |
550,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 26,599 | 26,599 | ||
| MANAGEMENT FEES | 125,058 | 125,058 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 12 | 12 | ||
| FEDERAL EXCISE TAX |