| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL & PROFESSIONAL FEES | 10,000 | 500 | 9,500 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT IN KELLY ESCROW FUND V, LLC | FMV | 6,000,000 | 6,000,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE AND FIXTURES | 36,180 | 36,180 | 0 | |
| BUILDING | 490,310 | 0 | 490,310 | |
| LAND | 202,505 | 0 | 202,505 |
| Description | Amount |
|---|---|
| ADJUSTMENT FOR FEDERAL TAXES PAID | 4,861 |
| PRIOR YEAR BALANCE SHEET ADJUSTMENT | 2,698 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 60 | 3 | 57 | |
| KELLY ESCROW FUND BANK FEES | 15,805 | 15,805 | 0 | |
| INSURANCE | 1,927 | 96 | 1,830 | |
| UTILITIES | 1,027 | 51 | 976 | |
| HOA FEES | 5,550 | 278 | 5,273 | |
| BUILDING MAINTENANCE | 4,952 | 248 | 4,704 |
| Name | Address |
|---|---|
| EMMETT DAVID HART JR |
637 COUNTRY CLUB ROAD LAGRANGE,GA30240 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 3,571 | 179 | 3,392 | |
| PROPERTY TAXES | 6,295 | 315 | 5,980 |