| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 6,780 | 0 | 0 | 6,780 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| CONSTRUCTION IN PROGRESS | 620,224 | 620,224 | 620,224 |
| LAND DEVELOPMENT | 6,584,362 | 7,037,740 | 7,037,740 |
| DEPOSITS | 273,532 | 273,532 | 273,532 |
| HORSES | 16,500 | 16,500 | 16,500 |
| MARONDA, INC STOCK | 5,036,486 | 5,036,486 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DAY CAMPS | 377 | 0 | 0 | 377 |
| CERAMICS STUDIO | 2,670 | 0 | 0 | 2,670 |
| SPORTS AND EQUIPMENT | 4,479 | 0 | 0 | 4,479 |
| ANIMAL EXPENSES | 23,498 | 0 | 0 | 23,498 |
| SUPPLIES | 3,545 | 0 | 0 | 3,545 |
| INSURANCE COSTS | 54,394 | 0 | 0 | 54,394 |
| STUDENT FIELD TRIP EXPENSES | 178 | 0 | 0 | 178 |
| TRAINING/DEVELOPMENT PROGRAM | 365 | 0 | 0 | 365 |
| BANKING FEES | 507 | 502 | 0 | 5 |
| MAINTENANCE EXPENSE | 70,852 | 0 | 0 | 70,852 |
| VEHICLE EXPENSE | 8,615 | 0 | 0 | 8,615 |
| MEALS | 125 | 0 | 0 | 125 |
| FEDERAL TAXES | 27,097 | 0 | 0 | 0 |
| MISCELLANOUS | 2,267 | 0 | 0 | 2,267 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MINERAL RIGHTS INCOME | 60,764 | 60,764 | 60,764 |
| ROYALTY INCOME | 228,206 | 228,206 | 228,206 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 212,140 | 0 | 0 | 212,140 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 21,140 | 0 | 0 | 21,140 |