| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 10,002 | 8,002 | 2,000 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| START-UP EXPENSES | 1997-10-15 | 1,156 | 1,156 | S/L | 5.0000 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| INVESTMENTS - PURCHASED | 2,639,742 | 3,524,654 |
| INVESTMENTS-CONTRIBUTED | 1,245,465 | 1,267,386 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INV IN ATEGRA COMMUNITY FINANC | AT COST | 52,953 | 52,953 |
| INV IN PRUDENT CAPITAL II, LP | AT COST | 27,113 | 27,113 |
| INV IN COMPASS POINT PTRS | AT COST | 55,855 | 55,855 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| START UP COSTS | 1,156 | 1,156 |
| Description | Amount |
|---|---|
| BOOK/TAX DIFFERENCE | 2,878 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| INVESTMENT EXPENSES | 1,459 | 1,459 | ||
| FOREIGN TAXES | 271 | 271 | ||
| BANK FEES | 114 | 114 | ||
| INSURANCE | 1,570 | 1,256 | 314 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| CASH IN LIEU | 2 | 2 | |
| OTHER INCOME/LOSS - K-1S | 19 | 19 | |
| ROYALTY INCOME | 1 | 1 | |
| ORD BUSINESS INCOME/LOSS | 283 |
| Description | Amount |
|---|---|
| K-1 PASSTHROUGH ADJUSTMENT | 11,218 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PRUDENT INSTALLMENT AGREEMENT | 25,000 | 25,000 |
| LOAN PAYABLE - FEWJR | 77,050 | 77,050 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 15,507 | 15,507 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LICENSES | 25 |