| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 10,615 | 0 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 4220 EDITH NE BLDG | 2021-10-20 | 816,000 | SL | 39.000000000000 | 3,487 | 3,487 | 3,487 | ||
| 4220 EDITH NE LAND | 2021-10-20 | 204,000 | L | 0 | 0 | 0 | |||
| 6 LOTS HELD FOR INVESTMENT | 2012-01-01 | 152,000 | L | 0 | 0 | 0 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| SCHEDULE OF CONTROLLED ENTITIES | FORM 990-PF, PAGE 5, LINE 11 | NAME OF CONTROLLED ENTITY: BAYVIEW LAGOON SAADDRESS: 2-- MTRS. SO. OF FERRETERIA, SAN PEDRO SARCHI SUR, COSTA RICAEMPLOYER ID NO: 00-0000000EXCESS BUSINESS HOLDING: NO |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALTRAIA GROUP INC | 50,130 | 51,659 |
| BAYER US FINANCE II | 95,573 | 95,288 |
| EBAY INC | 49,278 | 49,137 |
| GENERAL MOTORS FINANCIAL | 30,186 | 30,092 |
| HYUNDAI CAPITAL AMERCIA | 15,039 | 15,035 |
| INVESCO FINANCE PLC | 10,000 | 10,560 |
| MORGAN STANLEY BOND ACCRUED INTEREST | 0 | 3,837 |
| MORGAN STANLEY BOND ADJUSTEMENT | 4,217 | 0 |
| ORACLE CORP | 50,345 | 50,206 |
| O'REILLY AUTOMOTIVE | 15,257 | 15,197 |
| RPM INTERNATIONAL | 15,297 | 15,237 |
| RYDER SYSTEM | 25,091 | 25,044 |
| SYNCHRONY FINANCIAL | 50,578 | 50,510 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 3M COMPANY | 12,090 | 12,256 |
| ACCENTURE PLC IRELAND | 23,516 | 33,579 |
| ALPHABET INC | 25,241 | 31,867 |
| AMERICAN BALANCED F2 | 108,343 | 121,838 |
| AMERICAN INC FD OF AMERICA F2 | 89,679 | 99,789 |
| CHEVRON CORP | 27,777 | 29,924 |
| COMM SERV SELECT SECTOR SPOR | 25,137 | 26,877 |
| CVS HEALTH CORP | 15,929 | 19,291 |
| GILEAD SCIENCE | 13,523 | 14,595 |
| HEALTH CARE SEL SECT SPDR FD | 12,754 | 14,653 |
| HOME DEPOT | 15,917 | 28,636 |
| INDUSTRIAL SEL SEC SPDR FD | 13,344 | 13,755 |
| INVESCO ULTRA SHORT DURATION | 24,488 | 24,446 |
| ISHARE SILVER SHARES | 13,661 | 14,046 |
| L3HARRIS TECHNOLOGIES | 17,767 | 18,339 |
| MORGAN STANLEY INVESTMENTS | 6,238 | 0 |
| NASDAQ INC | 16,441 | 18,061 |
| NIKE INC | 9,636 | 18,500 |
| NORTHROP GRUMMAN | 16,011 | 18,192 |
| NORTONLIFELOCK INC | 15,674 | 19,953 |
| PARKER HANNIFIN COP | 11,383 | 14,952 |
| PIONEER MLTI AST ULT SHT INC | 23,776 | 23,703 |
| PROLOGIS INC | 12,733 | 22,392 |
| QUALCOMM INC | 12,403 | 17,190 |
| ROYAL DUTCH SHELL | 18,695 | 18,424 |
| SCHWAB US DVD EQUITY ETF | 43,582 | 67,008 |
| SPDR SER TRUST BBG BCL | 18,301 | 18,286 |
| THE FINANCIAL SEL SECT SPDR FD | 30,169 | 33,778 |
| THE TECHNOLOGY SEL SEC SPDR FD | 20,975 | 27,471 |
| VANGUARD SHR-TM INFLAT PROTEC | 55,958 | 55,615 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 4220 EDITH NE BLDG | 816,000 | 3,487 | 812,513 | 812,513 |
| 4220 EDITH NE LAND | 204,000 | 0 | 204,000 | 204,000 |
| 6 LOTS HELD FOR INVESTMENT | 152,000 | 0 | 152,000 | 152,000 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| COSTA RICA PUBLICLY TRADED INVESTMENTS | FMV | 236,394 | 236,394 |
| INVESTMENT IN BAYVIEW LAGOON S.A. | AT COST | 832,000 | 832,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| WATER RIGHTS | 102,208 | 102,208 | 102,208 |
| DEPLETABLE ASSETS | 128,336 | 128,336 | 128,336 |
| LESS ACCUMULATED DEPLETION | -128,336 | -128,336 | -128,336 |
| ORGANIZATION COSTS | 5,415 | 5,415 | 5,415 |
| BUILDING & EQUIPMENT COSTA RICA | 63,244 | 63,244 | 63,244 |
| WORK IN PROGRESS | 66 | 63 | 63 |
| COSTA RICA PREPAID EXPENSES | 219 | 209 | 209 |
| Description | Amount |
|---|---|
| PY ADJUSTMENT | 8,322 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSE | 268 | 0 | 0 | 148 |
| OTHER COSTA RICA EXPENSES | 2,879 | 0 | 0 | 2,999 |
| TELEPHONE | 464 | 0 | 0 | 464 |
| OUTSIDE SERVICES | 30 | 0 | 0 | 30 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MORTGAGE LOANS INTEREST | 53,840 | 53,840 | 53,840 |
| LATE FEES | 2,603 | 2,603 | 2,603 |
| ESCROW REFUND | 9,000 | 9,000 | 9,000 |
| Description | Amount |
|---|---|
| CONSOLIDATION OF FOREIGN OPERATIONS | 178,647 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEFERRED INCOME - COSTA RICA | 217,514 | 16,627 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT INVESTMENT FEES | 12,053 | 12,053 | 12,053 | 0 |
| MANAGEMENT FEES | 4,856 | 4,856 | 4,856 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 456 | 0 | 0 | 0 |
| PROPERTY TAXES | 201 | 0 | 0 | 201 |