| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 19,600 | 13,067 | 0 | 6,533 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| REMODEL FRONT AREA | 2004-08-10 | 8,369 | 8,369 | 200DB | 10.000000000000 | 0 | 0 | 0 | |
| BUILDING | 2005-01-01 | 286,760 | 117,339 | SL | 39.000000000000 | 7,353 | 0 | 0 | |
| LEASEHOLD IMPROVEMENTS | 2005-04-01 | 7,890 | 7,890 | 200DB | 10.000000000000 | 0 | 0 | 0 | |
| 2 HEAT UNITS | 2006-06-01 | 17,825 | 6,646 | SL | 39.000000000000 | 457 | 0 | 0 | |
| REMODEL BATHROOM WINDOWS | 2008-04-01 | 4,850 | 1,580 | SL | 39.000000000000 | 124 | 0 | 0 | |
| WINDOWS | 2008-09-02 | 7,148 | 2,253 | SL | 39.000000000000 | 183 | 0 | 0 | |
| DOWNSTAIRS REMODELING | 2009-09-01 | 58,529 | 16,946 | SL | 39.000000000000 | 1,501 | 0 | 0 | |
| DOWNSTAIRS REMODELING | 2009-10-05 | 545 | 157 | SL | 39.000000000000 | 14 | 0 | 0 | |
| DOWNSTAIRS REMODELING | 2009-10-05 | 730 | 210 | SL | 39.000000000000 | 19 | 0 | 0 | |
| PAVING PARKING LOT | 2010-06-25 | 5,700 | 1,541 | SL | 39.000000000000 | 146 | 0 | 0 | |
| NEW DRY WALL | 2010-06-28 | 1,450 | 392 | SL | 39.000000000000 | 37 | 0 | 0 | |
| AWNING | 2011-01-03 | 790 | 790 | SL | 7.000000000000 | 0 | 0 | 0 | |
| MASONRY IMPROVEMENTS | 2012-12-31 | 20,000 | 4,124 | SL | 39.000000000000 | 513 | 0 | 0 | |
| MASONRY IMPROVEMENTS | 2013-03-01 | 10,500 | 2,097 | SL | 39.000000000000 | 269 | 0 | 0 | |
| OFFICE RENOVATIONS | 2015-02-26 | 44,035 | 6,633 | SL | 39.000000000000 | 1,129 | 0 | 0 | |
| HOT WATER HEATER | 2017-06-01 | 1,585 | 144 | SL | 39.000000000000 | 41 | 0 | 0 | |
| REFRIGERATOR | 1994-05-23 | 560 | 560 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| SECURITY SYSTEM | 1995-09-15 | 1,544 | 1,544 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| BOOKCASE 6 SHELF WALNUT | 1996-12-17 | 202 | 202 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| CALCULATOR | 1997-02-18 | 196 | 196 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| FIREPROOF FILE CABINET | 1997-07-02 | 860 | 860 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| COMPUTER SOFTWARE | 1999-12-06 | 1,470 | 1,470 | SL | 3.000000000000 | 0 | 0 | 0 | |
| SET UP & PROGRAMMING | 2000-03-19 | 4,360 | 2,093 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| OFFICE FURNITURE | 2000-04-04 | 1,375 | 1,375 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| OFFICE FURNITURE | 2000-08-07 | 366 | 366 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| PROJECTOR | 2003-01-06 | 2,300 | 2,300 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| FILE CABINET & DESK | 2003-04-04 | 4,400 | 4,400 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| LAPTOP 5100 NOTEBOOK | 2003-06-01 | 1,502 | 1,502 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| OFFICE FURNITURE | 2003-06-01 | 339 | 339 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| CONF ROOM RENOVATION | 2003-06-01 | 23,943 | 23,943 | 200DB | 10.000000000000 | 0 | 0 | 0 | |
| 19" MONITORS | 2004-01-22 | 1,300 | 1,300 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| TELEPHONE SYSTEM | 2008-03-17 | 6,283 | 6,283 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| WEBSITE | 2008-06-15 | 9,090 | 9,090 | SL | 3.000000000000 | 0 | 0 | 0 | |
| DESK & CHAIR | 2011-05-02 | 887 | 887 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| NEW SERVER & INSTALLATION | 2014-06-24 | 8,343 | 8,343 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| FINN NU END TABLES | 2015-02-26 | 997 | 863 | 200DB | 7.000000000000 | 38 | 0 | 0 | |
| FINN NU COFFEE TABLE | 2015-02-26 | 593 | 514 | 200DB | 7.000000000000 | 23 | 0 | 0 | |
| HUDSON SINGLE SEAT | 2015-02-26 | 1,636 | 1,417 | 200DB | 7.000000000000 | 63 | 0 | 0 | |
| HUDSON TWO SEAT | 2015-02-26 | 1,201 | 1,039 | 200DB | 7.000000000000 | 46 | 0 | 0 | |
| BRIGADE 600 LATERAL FILE | 2015-02-26 | 1,695 | 1,468 | 200DB | 7.000000000000 | 65 | 0 | 0 | |
| INVITATION 2110 LEG BASE | 2015-02-26 | 248 | 214 | 200DB | 7.000000000000 | 10 | 0 | 0 | |
| LAMINATE HOSPITALITY CREDENZA | 2015-02-26 | 1,182 | 1,024 | 200DB | 7.000000000000 | 45 | 0 | 0 | |
| WIT HIGHBACK CHAIRS | 2015-02-26 | 6,134 | 5,313 | 200DB | 7.000000000000 | 235 | 0 | 0 | |
| MOTIVATE TABLE | 2015-02-26 | 6,166 | 5,340 | 200DB | 7.000000000000 | 236 | 0 | 0 | |
| MOTIVATE TABLE | 2015-02-26 | 1,047 | 906 | 200DB | 7.000000000000 | 40 | 0 | 0 | |
| WIT HIGHBACK | 2015-02-26 | 1,227 | 1,063 | 200DB | 7.000000000000 | 47 | 0 | 0 | |
| PRESIDE BOAT SHAPE TABLE | 2015-02-26 | 334 | 289 | 200DB | 7.000000000000 | 13 | 0 | 0 | |
| PRESIDE LAMINATE TABLE | 2015-02-26 | 467 | 405 | 200DB | 7.000000000000 | 18 | 0 | 0 | |
| INSTALLATION - PRICE MODERN | 2015-02-26 | 1,914 | 1,658 | 200DB | 7.000000000000 | 73 | 0 | 0 | |
| LAPTOP COMPUTER | 2015-04-01 | 786 | 786 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| DESK, CREDENZA, FILE CABINET | 2015-04-01 | 1,795 | 1,555 | 200DB | 7.000000000000 | 69 | 0 | 0 | |
| GRANT MGT SOFTWARE | 2016-04-01 | 29,000 | 29,000 | 200DB | 3.000000000000 | 0 | 0 | 0 | |
| DELL OPTIPLEX 3040 SFF | 2017-04-01 | 1,424 | 1,178 | 200DB | 7.000000000000 | 70 | 0 | 0 | |
| DELL OPTIPLEX 3040 SFF | 2017-04-01 | 1,424 | 1,178 | 200DB | 7.000000000000 | 70 | 0 | 0 | |
| DELL OPTIPLEX 3040 SFF | 2017-04-01 | 1,424 | 1,178 | 200DB | 7.000000000000 | 70 | 0 | 0 | |
| DELL OPTIPLEX 3040 SFF | 2017-04-01 | 1,424 | 1,178 | 200DB | 7.000000000000 | 70 | 0 | 0 | |
| WEBSITE | 2014-01-01 | 6,800 | 6,800 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| LAND | 2005-01-01 | 113,240 | L | 0 | 0 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| GROUND RENTS | AT COST | 1,226,213 | 1,226,213 |
| ORIOLES | FMV | 800,000 | 800,000 |
| MUTUAL FUNDS | FMV | 26,497,154 | 26,497,154 |
| VALUATION ACCOUNT | FMV | 2,929,703 | 2,929,703 |
| HC OFFSHORE FUND XI | FMV | 2,636,984 | 2,636,984 |
| HC PRIV EQUITY OFFSHORE | FMV | 851,466 | 851,466 |
| TACONIC EURO CREDIT | FMV | 570,243 | 570,243 |
| GLOBAL EQUITY FUND | FMV | 2,000,000 | 2,000,000 |
| KABOUTER INT'L INSIGHT | FMV | 1,700,000 | 1,700,000 |
| EMINENCE FUND INTL | FMV | 1,350,000 | 1,350,000 |
| POLUNIN DEV FUND | FMV | 1,046,910 | 1,046,910 |
| SSGA GLOBAL | FMV | 1,188,326 | 1,188,326 |
| SSGA U.S. REIT | FMV | 2,242,479 | 2,242,479 |
| SSGA I.S. TIPS | FMV | 2,336,458 | 2,336,458 |
| NUT TREE OFFSHORE FUN | FMV | 1,350,000 | 1,350,000 |
| SOUTHPOINT QUALIFIED | FMV | 1,350,000 | 1,350,000 |
| TACONIC OPPORTUNITY | FMV | 1,650,000 | 1,650,000 |
| VARDE CREDIT PARTNERS | FMV | 1,350,000 | 1,350,000 |
| IRONSIDES DIRECT | FMV | 343,644 | 343,644 |
| VALUATION ACCOUNT | FMV | 11,518,015 | 11,518,015 |
| CASH | FMV | 500,643 | 500,643 |
| COMMON FUND | FMV | 295,038 | 295,038 |
| SIGULAR GOLF | FMV | 269,279 | 269,279 |
| IRONSIDE PTR FUND V LP | FMV | 161,575 | 161,575 |
| DAVIDSON KEMPER OPP INTL V | FMV | 579,945 | 579,945 |
| MADISON DEARBORN VIII-A | FMV | 295,271 | 295,271 |
| GRYPHON PARTNERS | FMV | 437,212 | 437,212 |
| ACCOLADE PTRS VIII LP | FMV | 198,800 | 198,800 |
| TIGER GLBL PART VIX | FMV | 1,000,000 | 1,000,000 |
| GREENHOUSE LONG ONLY | FMV | 3,100,000 | 3,100,000 |
| BAIN CAP REAL ESTATE II-B | FMV | 231,606 | 231,606 |
| TIGER GLBL PART XV | FMV | 330,000 | 330,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| REMODEL FRONT AREA | 8,369 | 8,369 | 0 | |
| BUILDING | 286,760 | 124,692 | 162,068 | |
| LEASEHOLD IMPROVEMENTS | 7,890 | 7,890 | 0 | |
| 2 HEAT UNITS | 17,825 | 7,103 | 10,722 | |
| REMODEL BATHROOM WINDOWS | 4,850 | 1,704 | 3,146 | |
| WINDOWS | 7,148 | 2,436 | 4,712 | |
| DOWNSTAIRS REMODELING | 58,529 | 18,447 | 40,082 | |
| DOWNSTAIRS REMODELING | 545 | 171 | 374 | |
| DOWNSTAIRS REMODELING | 730 | 229 | 501 | |
| PAVING PARKING LOT | 5,700 | 1,687 | 4,013 | |
| NEW DRY WALL | 1,450 | 429 | 1,021 | |
| AWNING | 790 | 790 | 0 | |
| MASONRY IMPROVEMENTS | 20,000 | 4,637 | 15,363 | |
| MASONRY IMPROVEMENTS | 10,500 | 2,366 | 8,134 | |
| OFFICE RENOVATIONS | 44,035 | 7,762 | 36,273 | |
| HOT WATER HEATER | 1,585 | 185 | 1,400 | |
| REFRIGERATOR | 560 | 560 | 0 | |
| SECURITY SYSTEM | 1,544 | 1,544 | 0 | |
| BOOKCASE 6 SHELF WALNUT | 202 | 202 | 0 | |
| CALCULATOR | 196 | 196 | 0 | |
| FIREPROOF FILE CABINET | 860 | 860 | 0 | |
| COMPUTER SOFTWARE | 1,470 | 1,470 | 0 | |
| SET UP & PROGRAMMING | 4,360 | 2,093 | 2,267 | |
| OFFICE FURNITURE | 1,375 | 1,375 | 0 | |
| OFFICE FURNITURE | 366 | 366 | 0 | |
| PROJECTOR | 2,300 | 2,300 | 0 | |
| FILE CABINET & DESK | 4,400 | 4,400 | 0 | |
| LAPTOP 5100 NOTEBOOK | 1,502 | 1,502 | 0 | |
| OFFICE FURNITURE | 339 | 339 | 0 | |
| CONF ROOM RENOVATION | 23,943 | 23,943 | 0 | |
| 19" MONITORS | 1,300 | 1,300 | 0 | |
| COMPUTER SOFTWARE | 9,429 | 9,429 | 0 | |
| TELEPHONE SYSTEM | 6,283 | 6,283 | 0 | |
| WEBSITE | 9,090 | 9,090 | 0 | |
| DESK & CHAIR | 887 | 887 | 0 | |
| NEW SERVER & INSTALLATION | 8,343 | 8,343 | 0 | |
| FINN NU END TABLES | 997 | 901 | 96 | |
| FINN NU COFFEE TABLE | 593 | 537 | 56 | |
| HUDSON SINGLE SEAT | 1,636 | 1,480 | 156 | |
| HUDSON TWO SEAT | 1,201 | 1,085 | 116 | |
| BRIGADE 600 LATERAL FILE | 1,695 | 1,533 | 162 | |
| INVITATION 2110 LEG BASE | 248 | 224 | 24 | |
| LAMINATE HOSPITALITY CREDENZA | 1,182 | 1,069 | 113 | |
| WIT HIGHBACK CHAIRS | 6,134 | 5,548 | 586 | |
| MOTIVATE TABLE | 6,166 | 5,576 | 590 | |
| MOTIVATE TABLE | 1,047 | 946 | 101 | |
| WIT HIGHBACK | 1,227 | 1,110 | 117 | |
| PRESIDE BOAT SHAPE TABLE | 334 | 302 | 32 | |
| PRESIDE LAMINATE TABLE | 467 | 423 | 44 | |
| INSTALLATION - PRICE MODERN | 1,914 | 1,731 | 183 | |
| LAPTOP COMPUTER | 786 | 786 | 0 | |
| DESK, CREDENZA, FILE CABINET | 1,795 | 1,624 | 171 | |
| GRANT MGT SOFTWARE | 29,000 | 29,000 | 0 | |
| DELL OPTIPLEX 3040 SFF | 1,424 | 1,248 | 176 | |
| DELL OPTIPLEX 3040 SFF | 1,424 | 1,248 | 176 | |
| DELL OPTIPLEX 3040 SFF | 1,424 | 1,248 | 176 | |
| DELL OPTIPLEX 3040 SFF | 1,424 | 1,248 | 176 | |
| WEBSITE | 6,800 | 6,800 | 0 | |
| LAND | 113,240 | 0 | 113,240 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 978 | 489 | 0 | 488 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK SERVICE CHARGE | 353 | 50 | 0 | 303 |
| TELEPHONE | 8,482 | 1,196 | 0 | 7,286 |
| GRANT MANAGEMENT | 16,848 | 2,375 | 0 | 14,473 |
| SUBSCRIPTIONS | 136 | 19 | 0 | 117 |
| BUILDING MAINTENANCE | 15,413 | 2,173 | 0 | 13,240 |
| CLEANING | 1,920 | 271 | 0 | 1,649 |
| WEBSITE & SOFTWARE MAINTENANCE | 8,506 | 1,199 | 0 | 7,307 |
| COPIER LEASE PAYMENTS | 2,727 | 384 | 0 | 2,343 |
| PAYROLL PROCESSING EXPENSE | 132 | 19 | 0 | 113 |
| MEMBERSHIP DUES | 11,738 | 1,655 | 0 | 10,083 |
| OFFICE SUPPLIES | 7,252 | 1,022 | 0 | 28,908 |
| COMMUNICATION | 5,657 | 797 | 0 | 4,860 |
| POSTAGE | 2,707 | 382 | 0 | 2,325 |
| BUILDING IMPROVEMENT | 99,260 | 13,991 | 0 | 85,269 |
| COMPUTER HARDWARE | 1,638 | 231 | 0 | 1,407 |
| EDUCATION & TRAINING | 4,995 | 704 | 0 | 4,291 |
| UTILITIES - BUILDING | 6,704 | 945 | 0 | 5,759 |
| PROPERTY TAX FILING FEE | 300 | 42 | 0 | 258 |
| INSURANCE | 5,261 | 0 | 0 | 5,261 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| GROUND RENT INCOME | 149,387 | 149,387 | 0 |
| MISCELLANEOUS INCOME | 22,135 | 22,135 | 0 |
| GROUND RENT BRING-BACK | 13,615 | 13,615 | 0 |
| INVESTMENT IN ORIOLES | -8,530 | 620,762 | 0 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN/LOSS ON SECURITIES | 4,792,092 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CUSTODY FEES | 13,689 | 13,689 | 0 | 0 |
| COMPUTER CONSULTANT | 3,827 | 1,914 | 0 | 1,914 |
| INVESTMENT MANAGEMENT FEES | 307,081 | 307,081 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 24,251 | 3,418 | 0 | 20,833 |
| MD STATE UNEMPLOYMENT TAXES | 561 | 561 | 0 | 0 |
| EXCISE TAX EXPENSE | 103,554 | 0 | 0 | 0 |