| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 4,760 | 0 | 0 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| ZERO TAX BASIS DONATED PROPERTY - 9594 MICKELBERRY RD. NW | FORM 990PF PART II, LINE 11 COLUMN B | WOODWORTH FAMILY FOUNDATION RECEIVED A DONATION FROM WOODWORTH CAPITAL INC ON 11/08/2018. THE PROPERTY WAS CONTRIBUTED WITH A ZERO TAX BASIS AND WAS APPRAISED AT $2,600,000. DEPRECIATION EXPENSE IS BEING TAKEN FROM THE APPRAISED VALUE OF THE BUILDING OF $1,853,800 FOR BOOK PURPOSES. |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT IN PASSTHROUGHS | AT COST | 537,066 | 537,066 |
| OTHER INVESTMENTS | AT COST | 12,294,507 | 12,294,507 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 38 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| CLEARING ACCOUNT | 8,559 |
| Description | Amount |
|---|---|
| FEDERAL INCOME TAX EXPENSE | 44,318 |
| BOOK/TAX DIFFERENCE ON SALE OF INVESTMENT PROPERTY | 2,528,699 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INFORMATION TECHNOLOGY | 15,465 | 0 | 0 | |
| OFFICE EXPENSE | 362 | 0 | 0 | |
| LICENSES | 100 | 0 | 0 | |
| RENTAL EXPENSES | 149,001 | 149,001 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| CP BUSINESS FINANCE I, LP | 129,523 | 129,523 | 129,523 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| FEDERAL INCOME TAXES | 42,000 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 82,689 | 82,689 | 0 |
| Name | Address |
|---|---|
| JOHN A WOODWORTH |
3110 RUSTON WAY SUITE D TACOMA,WA98402 |
| JEFFREY A WOODWORTH |
3110 RUSTON WAY SUITE D TACOMA,WA98402 |
|
WOODWORTH CAPITAL INC |
3110 RUSTON WAY SUITE D TACOMA,WA98402 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 4,665 | 4,665 | 0 | |
| RENTAL PROPERTY TAXES | 11,745 | 11,745 | 0 |