| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX & ACCOUNTING SERVICES | 1,580 | 1,580 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| TELEMETRY EQUIPMENT | 2004-03-16 | 6,113 | 6,113 | S/L | 7.0000 | ||||
| LAND - 1600 ACRES | 2004-04-08 | 351,927 | |||||||
| TELEMETRY EQUIPMENT | 2006-03-06 | 4,343 | 4,343 | S/L | 7.0000 | ||||
| LAWN TRACTOR | 2006-09-21 | 7,868 | 7,868 | S/L | 7.0000 | ||||
| COMPUTER | 2007-01-18 | 2,213 | 2,213 | S/L | 5.0000 | ||||
| TELEMETRY EQUIPMENT | 2007-01-31 | 4,950 | 4,950 | S/L | 7.0000 | ||||
| COMPUTER | 2009-01-28 | 1,391 | 1,391 | S/L | 5.0000 | ||||
| RADIO TRANSMITTER | 2010-03-18 | 1,299 | 1,299 | S/L | 7.0000 | ||||
| TELEMETRY EQUIPMENT | 2008-06-17 | 7,125 | 7,125 | S/L | 7.0000 | ||||
| TELEMETRY EQUIPMENT | 2009-03-16 | 4,510 | 4,510 | S/L | 7.0000 | ||||
| GANDY LAND 2400 ACRES - MILNESAND, NM | 2018-08-08 | 872,350 | 15.0000 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| A T & T INC | 304,052 | |
| APPLE INC | 271,780 | |
| CATERPILLAR INC | 740,002 | |
| CISCO SYSTEMS INC | 84,778 | |
| FACEBOOK INC | ||
| FIRST SOLAR INC | ||
| FORD MOTOR COMPANY NEW | ||
| GILEAD SCIENCES INC | 512,623 | |
| IBM CORP | 433,738 | |
| KINDER MORGAN INC | 89,864 | |
| MAGELLAN HEALTH INC | 321,896 | |
| MERCK & CO INC | 343,323 | |
| MORGAN STANLEY | ||
| NORTONLIFELOCK INC | 39,073 | |
| PFIZER INC | 107,599 | |
| SALESFORCE.COM | 333,186 | |
| SCHLUMBERGER LTD | 43,076 | |
| SPRINT CORPORATION | ||
| STEELCASE INC | 52,450 | |
| TWITTER INC | ||
| WELLS FARGO & CO | 126,717 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| EXCHANGE TRADED FUNDS | AT COST | 1,600,253 | |
| MUTUAL FUNDS | AT COST | 794,312 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDLINGS & EQUIPMENT | 39,812 | 39,812 | ||
| LAND | 1,224,277 | 1,224,277 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 105 | 105 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| DUES & SUBSCRIPTIONS | 200 | 200 | ||
| EQUIPMENT RENTAL | 2,329 | 2,329 | ||
| INSURANCE | 315 | 315 | ||
| OFFICE EXPENSE | 654 | 654 | ||
| PROFESSIONAL FEES | 7,225 | 7,225 | ||
| USDFW PASS-THROUGH GRANTS | 178,900 | 178,900 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER REVENUE | 1,000 | 1,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | 603 | 698 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BUSINESS REGISTRATION FEES | 60 | 60 | ||
| PERSONAL PROPERTY TAXES | 395 | 395 | ||
| FOREIGN TAX ON DIVIDENDS |