| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 6,133 | 0 | 6,133 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FARM IMPROVEMENTS | 2018-12-01 | 169,454 | 18,852 | 150DB | 15.000000000000 | 15,060 | 0 | ||
| TRAILER | 2018-12-01 | 8,441 | 3,630 | 200DB | 5.000000000000 | 1,924 | 0 | ||
| FURNITURE & FIXTURES | 2018-12-01 | 5,500 | 2,365 | 200DB | 5.000000000000 | 1,254 | 0 | ||
| FURNITURE & FIXTURES - PHONE | 2019-03-11 | 1,600 | 320 | 200DB | 5.000000000000 | 512 | 0 | ||
| FURNITURE & FIXTURES - ALARM | 2019-03-12 | 4,491 | 898 | 200DB | 5.000000000000 | 1,437 | 0 | ||
| FURNITURE & FIXTURES - SURVEILLANCE | 2019-05-28 | 5,802 | 1,160 | 200DB | 5.000000000000 | 1,857 | 0 | ||
| FURNITURE & FIXTURES - SURVEILLANCE | 2019-09-09 | 6,675 | 1,335 | 200DB | 5.000000000000 | 2,136 | 0 | ||
| FURNITURE & FIXTURES - RASCAL | 2019-10-01 | 3,699 | 740 | 200DB | 5.000000000000 | 1,184 | 0 | ||
| FARM IMPROVEMENTS - FENCE | 2019-01-07 | 12,083 | 604 | 150DB | 15.000000000000 | 1,148 | 0 | ||
| FARM IMPROVEMENTS - ELECTRIC | 2019-01-08 | 2,500 | 125 | 150DB | 15.000000000000 | 238 | 0 | ||
| FARM IMPROVEMENTS - DRAINAGE | 2019-01-31 | 559 | 28 | 150DB | 15.000000000000 | 53 | 0 | ||
| FARM IMPROVEMENTS - ELECTRIC | 2019-02-14 | 15,970 | 799 | 150DB | 15.000000000000 | 1,517 | 0 | ||
| FARM IMPROVEMENTS - CONSULTING | 2019-02-20 | 1,511 | 76 | 150DB | 15.000000000000 | 144 | 0 | ||
| FARM IMPROVEMENTS - CONSULTING | 2019-04-05 | 302 | 15 | 150DB | 15.000000000000 | 29 | 0 | ||
| FARM IMPROVEMENTS - ELECTRIC | 2019-04-05 | 38,786 | 1,939 | 150DB | 15.000000000000 | 3,685 | 0 | ||
| FARM IMPROVEMENTS - PEN | 2019-04-09 | 1,919 | 96 | 150DB | 15.000000000000 | 182 | 0 | ||
| FARM IMPROVEMENTS - DRAINAGE | 2019-04-11 | 15,500 | 775 | 150DB | 15.000000000000 | 1,473 | 0 | ||
| FARM IMPROVEMENTS - CONSULTING | 2019-04-23 | 1,826 | 91 | 150DB | 15.000000000000 | 174 | 0 | ||
| FARM IMPROVEMENTS - FENCING | 2019-05-16 | 561 | 28 | 150DB | 15.000000000000 | 53 | 0 | ||
| FARM IMPROVEMENTS - CONSULTING | 2019-05-28 | 987 | 49 | 150DB | 15.000000000000 | 94 | 0 | ||
| FARM IMPROVEMENTS - ENGINEERING | 2019-06-07 | 3,000 | 150 | 150DB | 15.000000000000 | 285 | 0 | ||
| FARM IMPROVEMENTS - FENCING | 2019-06-21 | 3,500 | 175 | 150DB | 15.000000000000 | 333 | 0 | ||
| FARM IMPROVEMENTS - CONSULTING | 2019-07-01 | 258 | 13 | 150DB | 15.000000000000 | 25 | 0 | ||
| FARM IMPROVEMENTS - CONSULTING | 2019-07-30 | 597 | 30 | 150DB | 15.000000000000 | 57 | 0 | ||
| FARM IMPROVEMENTS - FENCING | 2019-07-30 | 4,194 | 210 | 150DB | 15.000000000000 | 398 | 0 | ||
| FARM IMPROVEMENTS - WATER | 2019-08-05 | 2,799 | 140 | 150DB | 15.000000000000 | 266 | 0 | ||
| FARM IMPROVEMENTS - ELECTRIC | 2019-08-22 | 235 | 12 | 150DB | 15.000000000000 | 22 | 0 | ||
| FARM IMPROVEMENTS - ENGINEERING | 2019-08-22 | 450 | 23 | 150DB | 15.000000000000 | 43 | 0 | ||
| FARM IMPROVEMENTS - ENGINEERING | 2019-09-09 | 3,590 | 180 | 150DB | 15.000000000000 | 341 | 0 | ||
| FARM IMPROVEMENTS - OUTDOOR RUN | 2019-09-18 | 2,667 | 133 | 150DB | 15.000000000000 | 253 | 0 | ||
| FARM IMPROVEMENTS - FENCING | 2019-09-19 | 1,158 | 58 | 150DB | 15.000000000000 | 110 | 0 | ||
| FARM IMPROVEMENTS - CONSULTING | 2019-09-25 | 1,003 | 50 | 150DB | 15.000000000000 | 95 | 0 | ||
| FARM IMPROVEMENTS - CONSULTING | 2019-10-02 | 1,775 | 89 | 150DB | 15.000000000000 | 169 | 0 | ||
| FARM IMPROVEMENTS - ELECTRIC | 2019-10-17 | 5,350 | 268 | 150DB | 15.000000000000 | 508 | 0 | ||
| FARM IMPROVEMENTS - ENGINEERING | 2019-10-17 | 371 | 19 | 150DB | 15.000000000000 | 35 | 0 | ||
| FARM IMPROVEMENTS - ENGINEERING | 2019-10-29 | 1,125 | 56 | 150DB | 15.000000000000 | 107 | 0 | ||
| FARM IMPROVEMENTS - CONSULTING | 2019-12-09 | 877 | 44 | 150DB | 15.000000000000 | 83 | 0 | ||
| FARM IMPROVEMENTS - ENGINEERING | 2020-04-07 | 96,140 | 150DB | 15.000000000000 | 4,807 | 0 | |||
| FARM IMPROVEMENTS - FENCING | 2020-09-15 | 1,521 | 150DB | 15.000000000000 | 76 | 0 | |||
| FARM IMPROVEMENTS - CONSULTING | 2020-10-16 | 1,257 | 150DB | 15.000000000000 | 63 | 0 | |||
| FURNITURE & FIXTURES - SHELVING | 2020-04-11 | 1,778 | 200DB | 5.000000000000 | 356 | 0 | |||
| EQUIPMENT - TOW | 2020-03-31 | 8,848 | 200DB | 5.000000000000 | 1,770 | 0 | |||
| EQUIPMENT - HIGHWAY | 2020-04-17 | 3,199 | 200DB | 5.000000000000 | 640 | 0 | |||
| FORD TRANSIT | 2020-07-17 | 48,175 | 200DB | 5.000000000000 | 9,635 | 0 | |||
| FURNITURE & FIXTURES - HEALTH SYSTEM | 2020-07-30 | 899 | 200DB | 5.000000000000 | 180 | 0 | |||
| FURNITURE & FIXTURES - COMPUTER | 2020-08-06 | 1,385 | 200DB | 5.000000000000 | 277 | 0 | |||
| FURNITURE & FIXTURES - COMPUTER | 2020-08-08 | 1,385 | 200DB | 5.000000000000 | 277 | 0 | |||
| FURNITURE & FIXTURES - TRANSIT RAMP | 2020-09-09 | 3,182 | 200DB | 5.000000000000 | 636 | 0 | |||
| FARM IMPROVEMENTS - STORAGE | 2020-05-29 | 17,487 | 150DB | 15.000000000000 | 874 | 0 | |||
| FARM IMPROVEMENTS - CONSULTING | 2020-10-29 | 8,130 | 150DB | 15.000000000000 | 407 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FARM IMPROVEMENTS | 169,454 | 33,912 | 135,542 | |
| TRAILER | 8,441 | 5,554 | 2,887 | |
| FURNITURE & FIXTURES | 5,500 | 3,619 | 1,881 | |
| FURNITURE & FIXTURES - PHONE | 1,600 | 832 | 768 | |
| FURNITURE & FIXTURES - ALARM | 4,491 | 2,335 | 2,156 | |
| FURNITURE & FIXTURES - SURVEILLANCE | 5,802 | 3,017 | 2,785 | |
| FURNITURE & FIXTURES - SURVEILLANCE | 6,675 | 3,471 | 3,204 | |
| FURNITURE & FIXTURES - RASCAL | 3,699 | 1,924 | 1,775 | |
| FARM IMPROVEMENTS - FENCE | 12,083 | 1,752 | 10,331 | |
| FARM IMPROVEMENTS - ELECTRIC | 2,500 | 363 | 2,137 | |
| FARM IMPROVEMENTS - DRAINAGE | 559 | 81 | 478 | |
| FARM IMPROVEMENTS - ELECTRIC | 15,970 | 2,316 | 13,654 | |
| FARM IMPROVEMENTS - CONSULTING | 1,511 | 220 | 1,291 | |
| FARM IMPROVEMENTS - CONSULTING | 302 | 44 | 258 | |
| FARM IMPROVEMENTS - ELECTRIC | 38,786 | 5,624 | 33,162 | |
| FARM IMPROVEMENTS - PEN | 1,919 | 278 | 1,641 | |
| FARM IMPROVEMENTS - DRAINAGE | 15,500 | 2,248 | 13,252 | |
| FARM IMPROVEMENTS - CONSULTING | 1,826 | 265 | 1,561 | |
| FARM IMPROVEMENTS - FENCING | 561 | 81 | 480 | |
| FARM IMPROVEMENTS - CONSULTING | 987 | 143 | 844 | |
| FARM IMPROVEMENTS - ENGINEERING | 3,000 | 435 | 2,565 | |
| FARM IMPROVEMENTS - FENCING | 3,500 | 508 | 2,992 | |
| FARM IMPROVEMENTS - CONSULTING | 258 | 38 | 220 | |
| FARM IMPROVEMENTS - CONSULTING | 597 | 87 | 510 | |
| FARM IMPROVEMENTS - FENCING | 4,194 | 608 | 3,586 | |
| FARM IMPROVEMENTS - WATER | 2,799 | 406 | 2,393 | |
| FARM IMPROVEMENTS - ELECTRIC | 235 | 34 | 201 | |
| FARM IMPROVEMENTS - ENGINEERING | 450 | 66 | 384 | |
| FARM IMPROVEMENTS - ENGINEERING | 3,590 | 521 | 3,069 | |
| FARM IMPROVEMENTS - OUTDOOR RUN | 2,667 | 386 | 2,281 | |
| FARM IMPROVEMENTS - FENCING | 1,158 | 168 | 990 | |
| FARM IMPROVEMENTS - CONSULTING | 1,003 | 145 | 858 | |
| FARM IMPROVEMENTS - CONSULTING | 1,775 | 258 | 1,517 | |
| FARM IMPROVEMENTS - ELECTRIC | 5,350 | 776 | 4,574 | |
| FARM IMPROVEMENTS - ENGINEERING | 371 | 54 | 317 | |
| FARM IMPROVEMENTS - ENGINEERING | 1,125 | 163 | 962 | |
| FARM IMPROVEMENTS - CONSULTING | 877 | 127 | 750 | |
| FARM IMPROVEMENTS - ENGINEERING | 96,140 | 4,807 | 91,333 | |
| FARM IMPROVEMENTS - FENCING | 1,521 | 76 | 1,445 | |
| FARM IMPROVEMENTS - CONSULTING | 1,257 | 63 | 1,194 | |
| FURNITURE & FIXTURES - SHELVING | 1,778 | 356 | 1,422 | |
| EQUIPMENT - TOW | 8,848 | 1,770 | 7,078 | |
| EQUIPMENT - HIGHWAY | 3,199 | 640 | 2,559 | |
| FORD TRANSIT | 48,175 | 9,635 | 38,540 | |
| FURNITURE & FIXTURES - HEALTH SYSTEM | 899 | 180 | 719 | |
| FURNITURE & FIXTURES - COMPUTER | 1,385 | 277 | 1,108 | |
| FURNITURE & FIXTURES - COMPUTER | 1,385 | 277 | 1,108 | |
| FURNITURE & FIXTURES - TRANSIT RAMP | 3,182 | 636 | 2,546 | |
| FARM IMPROVEMENTS - STORAGE | 17,487 | 874 | 16,613 | |
| FARM IMPROVEMENTS - CONSULTING | 8,130 | 407 | 7,723 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 16,320 | 0 | 16,320 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ANIMAL CARE & SUPPLIES | 111,951 | 0 | 111,951 | |
| REPAIRS & MAINTENANCE | 106,373 | 0 | 106,373 | |
| OFFICE SUPPLIES | 7,547 | 0 | 7,547 | |
| LAUNDRY & UNIFORM | 1,218 | 0 | 1,218 | |
| TELEPHONE | 5,340 | 0 | 5,340 | |
| UTILITIES | 11,969 | 0 | 11,969 | |
| BANK CHARGES & FEES | 254 | 0 | 254 | |
| OUTSIDE CONTRACTORS | 1,489 | 0 | 1,489 | |
| POSTAGE & DELIVERY | 561 | 0 | 561 | |
| LICENSES & PERMITS | 354 | 0 | 354 | |
| INSURANCE | 28,480 | 0 | 28,480 | |
| AUTO EXPENSES | 10,158 | 0 | 10,158 | |
| ADVERTISING & MARKETING | 975 | 0 | 975 | |
| DUES & SUBSCRIPTIONS | 32 | 0 | 32 | |
| HOUSEKEEPING & JANITORIAL | 31,970 | 0 | 31,970 | |
| CLIENT & STAFF RELATIONS | 1,018 | 0 | 1,018 | |
| PAYROLL SERVICE FEES | 5,004 | 0 | 5,004 | |
| GROW EXPENSE | 22,634 | 0 | 22,634 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAX PAYABLE | 4,628 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAX | 23,227 | 0 | 23,227 | |
| NJ TAXES | 6,039 | 0 | 6,039 |