| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 29,991 | 14,795 | 15,196 |
| Person Name | Explanation |
|---|---|
| BRUCE L MALLORY | IN ADDITION TO THE 1,500 STIPEND RECEIVED FOR HIS ATTENDANCE AT BOARD MEETINGS, THE BOARD MEMBER ALSO RECEIVED AN INDEPENDENT CONTRACTOR PAYMENT OF 6,200 FOR HIS INDEPENDENT CONTRACT WORK FOR THE NELLIE MAE FOUNDATION PROGRAM GRANT. |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| OTHER DEPRECIATION | 80,137 | 8,302 | 3,072 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE STOCK - SEE ATTACHED | 555,317 | 555,317 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MUTUAL FUNDS - SEE ATTACHED | FMV | 2,240,091 | 2,240,091 |
| MONEY MARKET - SEE ATTACHED | FMV | 133,397 | 133,397 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE EQUIPMENT | 75,579 | 50,747 | 24,832 | 24,832 |
| OFFICE FURNITURE | 42,455 | 38,338 | 4,117 | 4,117 |
| LEASEHOLD IMPROVEMENTS | 8,179 | 3,582 | 4,597 | 4,597 |
| Description | Amount |
|---|---|
| UNREALIZED LOSS | 48,829 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| OTHER BOARD OF DIRECTORS EXPE | 4,568 | 4,568 | ||
| COMPUTER EXPENSE | 20,897 | 7,732 | 13,165 | |
| PROGRAM CONSULTANTS | 262,099 | 23,388 | 238,711 | |
| INSURANCE | 19,161 | 19,161 | ||
| MEMBERSHIP DUES/PROFESSIONAL | 7,042 | 2,606 | 4,436 | |
| MISCELLANEOUS | 1,249 | 463 | 786 | |
| OFFICE SUPPLIES | 3,282 | 1,214 | 2,068 | |
| POSTAGE AND SHIPPING | 4,997 | 81 | 4,916 | |
| REFERENCE MATERIALS | 2,740 | 1,014 | 1,726 | |
| RELOCATION AND RECRUITMENT | 99,095 | 36,665 | 62,430 | |
| THE AICHER AWARD | 15,334 | 15,334 | ||
| BANK SERVICE CHARGES | 484 | 484 | ||
| PAYROLL SERVICE | 9,140 | 3,382 | 5,758 | |
| FISCAL AGENT EXPENSES | 13,067 | 13,067 | ||
| PROFESSIONAL DEVELOPMENT | 10,858 | 4,017 | 6,841 | |
| EXPENSES IN EXCESS OF PROGRAM | -68,380 | 68,380 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PROGRAM FUNDING | 490,459 | 490,459 | |
| FEE FOR SERVICE | 306,990 | 306,990 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| FEDERAL EXCISE TAX PAYABLE | 6,961 | 10,719 |
| PPP LOAN PAYABLE | 302,470 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK INVESTMENT FEES | 23,145 | 23,145 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES | 3,758 | 3,758 |