| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MINERAL RIGHTS | AT COST | 728,883 | 728,883 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 7,942 | 0 | 7,942 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REAL ESTATE TAXES | 3,486 | 3,486 | 0 | |
| EXCISE TAX | 1,586 | 0 | 0 | |
| CLEANING SERVICES | 5,000 | 0 | 5,000 | |
| SUPPLIES FOR BIBLE STUDY | 207 | 0 | 207 | |
| BANK FEES | 348 | 348 | 0 | |
| OTHER EXPENSES | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROYALTY INCOME | 334,847 | 334,847 | 334,847 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISOR FEES | 26,924 | 26,924 | 0 |
| Name | Address |
|---|---|
| MIKE MAKRIPODIS |
1499 AMITY RIDGE RD WASHINGTON,PA15301 |