| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAND | 2012-05-31 | 1,792,827 | 0 | NDA | 0 | 0 | 0 | ||
| BUILDINGS AND IMPROVEMENTS | 2012-05-31 | 426,059 | 59,471 | SL | 39 | 10,925 | 0 | 0 | |
| 2000 DODGE TRUCK | 2012-05-24 | 11,684 | 9,319 | SL | 7 | 1,669 | 0 | 0 | |
| HARROW | 2012-12-17 | 970 | 242 | SL | 7 | 139 | 0 | 0 | |
| 1993 TURNBOW 2 HORSE TRAILER | 2012-05-26 | 2,500 | 2,500 | SL | 5 | 0 | 0 | 0 | |
| 2007 SUNDOWN 3 HORSE TRAILER | 2012-11-20 | 15,000 | 7,625 | SL | 10 | 1,500 | 0 | 0 | |
| ISOLATION BARN | 2013-05-01 | 3,600 | 420 | SL | 39 | 92 | 0 | 0 | |
| MISTING SYSTEM | 2013-07-05 | 4,191 | 3,556 | SL | 7 | 599 | 0 | 0 | |
| PATIO EQUIPMENT | 2013-05-01 | 1,636 | 1,636 | SL | 7 | 0 | 0 | 0 | |
| INLAND KUBOTA TRACTOR | 2014-05-05 | 15,252 | 3,772 | SL | 7 | 2,179 | 0 | 0 | |
| EQUIPMENT | 2011-09-06 | 10,400 | 2,903 | SL | 7 | 1,486 | 0 | 0 | |
| BARN ELECTRICAL IMPROVEMENT | 2017-10-09 | 16,253 | 103 | SL | 33 | 493 | 0 | 0 | |
| MARE HORSE IMPROVEMENT | 2017-12-23 | 5,000 | 31 | SL | 20 | 250 | 0 | 0 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| Form 990PF-General Explanation Attachment 1 | Part III, item no. 1 (contd) decisions in the best interest of the horses, providing them with positive reinforcement, compassion and consistency while rebuilding their confidence, and being trustworthy of our horses, our team members, and our contibutors. |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Land | 1,792,827 | 0 | 1,792,827 | 0 |
| Bulding and improvements | 426,059 | 0 | 426,059 | 0 |
| 2000 Dodge PU | 11,684 | 0 | 11,684 | 0 |
| Harrow | 970 | 0 | 970 | 0 |
| 1993 Turnbow 2 horses | 2,500 | 0 | 2,500 | 0 |
| 2007 Sundown 3 horses | 15,000 | 0 | 15,000 | 0 |
| Mare House Improvement | 5,000 | 0 | 5,000 | 0 |
| Isolation barn | 3,600 | 0 | 3,600 | 0 |
| Misting system | 4,191 | 0 | 4,191 | 0 |
| Patio furniture | 1,636 | 0 | 1,636 | 0 |
| Inland Kubota tractor | 15,252 | 0 | 15,252 | 0 |
| Equipment | 10,400 | 0 | 10,400 | 0 |
| Barn electrical improvement | 16,253 | 0 | 16,253 | 0 |
| Item No. | 1 |
|---|---|
| Lender's Name | Mortgage |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | 990,000 |
| Balance Due | 949,409 |
| Date of Note | 2012-05 |
| Maturity Date | 2019-06 |
| Repayment Terms | |
| Interest Rate | 5 |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV | 0 |
| Item No. | 2 |
|---|---|
| Lender's Name | Private lender |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | 100,000 |
| Balance Due | 53,897 |
| Date of Note | 2017-06 |
| Maturity Date | 2020-06 |
| Repayment Terms | |
| Interest Rate | 3 |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV | 0 |
| Description | Amount |
|---|---|
| To balance | 16,517 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Hay & Feed | 172,641 | 0 | 0 | 0 |
| Education & awareness | 157,725 | 0 | 0 | 0 |
| Stable care & maintenance | 110,423 | 0 | 0 | 0 |
| Training & rehabilitation | 85,925 | 0 | 0 | 0 |
| Bedding | 55,024 | 0 | 0 | 0 |
| Equine care and supplies | 50,815 | 0 | 0 | 0 |
| Veterinary care | 48,775 | 0 | 0 | 0 |
| Farrier | 24,165 | 0 | 0 | 0 |
| Bank and merchant charges | 13,005 | 0 | 0 | 0 |
| Postage | 11,838 | 0 | 0 | 0 |
| Program expenses | 4,052 | 0 | 0 | 0 |
| Management and expenses | 1,162 | 0 | 0 | 0 |
| Special events | 67,774 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Fundraising Gala | 203,857 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Accrued expense | 12,993 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Fundraiser external fees | 128,193 | 0 | 0 | 0 |
| Miscellaneous accounting | 241 | 0 | 0 | 0 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| Apparel & Merchandise | 9,112 | 8,845 | 267 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Property | 29,561 | 0 | 0 | 0 |