| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING SERVICES | 17,223 | 17,223 | 17,223 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| DELL OPTIPLEX 7050 MINI TOWER COMPUTER | 2018-05-17 | 1,568 | 732 | SL | 5.000000000000 | 313 | 313 | ||
| FARM LAND SARPY COUNTY, NEBRASKA | 2019-08-31 | 4,966,000 | L | 0 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CHARLES SCHWAB - FARMER ESTATE - CORPORATE BONDS | 210,031 | 210,031 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CHARLES SCHWAB - CORPORATE STOCKS | 11,122,722 | 11,122,722 |
| CHARLES SCHWAB - FARMER ESTATE - CORPORATE STOCKS | 2,219,464 | 2,219,464 |
| CHARLES SCHWAB - FARMER ESTATE - MUTUAL FUNDS | 910,572 | 910,572 |
| CHARLES SCHWAB - MUTUAL FUNDS | 720,374 | 720,374 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| NBC BANCSHARES, LLC | AT COST | 18,334 | 18,334 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| DELL OPTIPLEX 7050 MINI TOWER COMPUTER | 1,568 | 1,045 | 523 | |
| FARM LAND SARPY COUNTY, NEBRASKA | 4,966,000 | 0 | 4,966,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL SERVICES | 8,675 | 8,675 | 8,675 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| LAWN LAKE WATER RIGHTS | 1 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 3,895 | 3,895 | 3,895 | |
| OFFICE EXPENSE | 6,270 | 6,270 | 6,270 | |
| INVESTMENT FEES | 4,671 | 4,671 | 4,671 | |
| COMPUTER EXPENSE | 510 | 510 | 510 | |
| POSTAGE | 58 | 58 | 58 | |
| WEBSITE EXPENSE | 1,140 | 1,140 | 1,140 | |
| FARM - CHEMICALS | 10,391 | 10,391 | 10,391 | |
| FARM - FERTILIZER | 7,534 | 7,534 | 7,534 | |
| FARM - LABOR | 9,149 | 9,149 | 9,149 | |
| FARM - SEEDS | 12,162 | 12,162 | 12,162 | |
| FARM - TRUCKING | 4,116 | 4,116 | 4,116 | |
| FARM - INSURANCE | 2,321 | 2,321 | 2,321 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MISCELLANEOUS INCOME | 5,944 | 5,944 | 5,944 |
| FARM - INCOME | 197,002 | 197,002 | 197,002 |
| Description | Amount |
|---|---|
| UNREALIZED GAINS ON INVESTMENTS CARRIED AT MARKET VALUE | 2,361,119 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SECTION 4940 TAXES | 10,339 | 0 | 10,339 | |
| FOREIGN TAXES | 1,847 | 1,847 | 1,847 | |
| PAYROLL TAXES | 3,856 | 3,856 | 3,856 | |
| FARM - R.E. TAXES | 10,560 | 10,560 | 10,560 |