| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 1,625 | 0 | 131 | 1,494 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE EQUIPMENT | 1988-03-31 | 2,000 | 2,000 | ADS | 7.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 1988-03-31 | 1,402 | 1,402 | ADS | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTER AND PRINTER | 1999-07-07 | 1,500 | 1,500 | ADS | 5.000000000000 | 0 | 0 | 0 | |
| SCANNER | 1999-07-07 | 108 | 108 | ADS | 5.000000000000 | 0 | 0 | 0 | |
| NEW ROOF | 1981-01-01 | 2,223 | 2,223 | VAR | 10.000000000000 | 0 | 0 | 0 | |
| ENVIRONMENTAL IMPROVEMENTS | 1990-07-01 | 31,719 | 31,719 | ADS | 20.000000000000 | 0 | 0 | 0 | |
| NEW ENGINE | 2000-07-29 | 1,721 | 1,721 | ADS | 7.000000000000 | 0 | 0 | 0 | |
| COMPUTER | 2002-06-28 | 1,590 | 1,590 | ADS | 5.000000000000 | 0 | 0 | 0 | |
| ELECTRICAL UPGRADE | 2002-12-20 | 21,996 | 10,007 | ADS | 40.000000000000 | 550 | 0 | 550 | |
| ELECTRICAL UPGRADE | 2003-12-28 | 118,624 | 50,926 | ADS | 40.000000000000 | 2,966 | 0 | 2,966 | |
| ELECTRICAL UPGRADE | 2004-07-31 | 5,775 | 2,389 | ADS | 40.000000000000 | 144 | 0 | 144 | |
| SMALL EQUIPMENT | 2004-08-01 | 508 | 508 | ADS | 10.000000000000 | 0 | 0 | 0 | |
| TRACTOR J DEERE 250 | 2004-09-27 | 1,700 | 1,700 | ADS | 10.000000000000 | 0 | 0 | 0 | |
| COPIER | 2004-05-11 | 599 | 599 | ADS | 6.000000000000 | 0 | 0 | 0 | |
| MONITOR & HARD DRIVE | 2006-06-30 | 290 | 290 | ADS | 5.000000000000 | 0 | 0 | 0 | |
| LAMP POST | 2007-06-08 | 2,725 | 924 | ADS | 40.000000000000 | 68 | 0 | 68 | |
| FURNACE | 2008-01-21 | 3,720 | 1,207 | ADS | 40.000000000000 | 93 | 0 | 93 | |
| 2 LAMP POSTS | 2009-04-24 | 2,105 | 1,207 | ADS | 20.000000000000 | 105 | 0 | 105 | |
| TOSHIBA LAPTOP | 2009-11-28 | 618 | 618 | ADS | 5.000000000000 | 0 | 0 | 0 | |
| CASIO CAMERA | 2009-11-28 | 197 | 197 | ADS | 10.000000000000 | 0 | 0 | 0 | |
| BROTHER PRINTER | 2009-11-28 | 429 | 429 | ADS | 5.000000000000 | 0 | 0 | 0 | |
| STOVE | 2010-08-26 | 398 | 398 | ADS | 5.000000000000 | 0 | 0 | 0 | |
| MAJOR REPAIRS- KITCHEN ENTRY | 2010-08-21 | 7,761 | 2,013 | ADS | 40.000000000000 | 194 | 0 | 194 | |
| ROOF CARRIAGE HOUSE | 2010-10-22 | 11,587 | 2,960 | ADS | 40.000000000000 | 290 | 0 | 290 | |
| ACER DESKTOP | 2010-09-29 | 560 | 560 | ADS | 5.000000000000 | 0 | 0 | 0 | |
| LAMP POST | 2011-04-27 | 3,680 | 1,748 | ADS | 20.000000000000 | 184 | 0 | 184 | |
| PUSH LAWN MOWER | 2011-05-25 | 240 | 228 | ADS | 10.000000000000 | 12 | 0 | 12 | |
| DIGITAL CAMERA | 2011-10-29 | 235 | 235 | ADS | 5.000000000000 | 0 | 0 | 0 | |
| LEASEHOLD IMPROVEMENTS | 2012-06-30 | 11,511 | 2,460 | ADS | 40.000000000000 | 288 | 0 | 288 | |
| TRACTOR J DEERE X500 | 2013-05-08 | 4,848 | 3,698 | ADS | 10.000000000000 | 485 | 0 | 485 | |
| SECURITY SYSTEM | 2013-12-31 | 4,253 | 3,028 | ADS | 10.000000000000 | 425 | 0 | 425 | |
| KITCHEN ENTRY IMPROVEMENTS | 2013-07-26 | 3,318 | 619 | ADS | 40.000000000000 | 83 | 0 | 83 | |
| IMPROVEMENTS | 2013-09-02 | 4,765 | 868 | ADS | 40.000000000000 | 119 | 0 | 119 | |
| KITCHEN ENTRY IMPROVEMENTS | 2014-08-16 | 23,239 | 3,704 | ADS | 40.000000000000 | 581 | 0 | 581 | |
| NEW ROOF | 2014-10-20 | 24,814 | 3,849 | ADS | 40.000000000000 | 620 | 0 | 620 | |
| NEW ROOF | 2015-12-14 | 40,000 | 5,042 | ADS | 40.000000000000 | 1,000 | 0 | 1,000 | |
| HVAC | 2015-12-28 | 3,500 | 444 | ADS | 40.000000000000 | 88 | 0 | 88 | |
| WINDOWS | 2016-02-08 | 2,100 | 258 | ADS | 40.000000000000 | 53 | 0 | 53 | |
| SECURITY SYSTEM | 2016-04-20 | 1,275 | 576 | ADS | 10.000000000000 | 128 | 0 | 128 | |
| GARAGE DOOR | 2016-07-21 | 1,162 | 129 | ADS | 40.000000000000 | 29 | 0 | 29 | |
| HVAC | 2016-12-20 | 3,951 | 400 | ADS | 40.000000000000 | 99 | 0 | 99 | |
| MANSION BOILER | 2018-05-31 | 5,789 | 380 | ADS | 40.000000000000 | 145 | 0 | 145 | |
| HEAT PUMPS | 2018-12-26 | 3,500 | 180 | ADS | 40.000000000000 | 88 | 0 | 88 | |
| GREENHOUSE | 2021-08-19 | 5,530 | ADS | 10.000000000000 | 277 | 0 | 184 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE EQUIPMENT | 2,000 | 2,000 | 0 | 0 |
| EQUIPMENT | 1,402 | 1,402 | 0 | 0 |
| COMPUTER AND PRINTER | 1,500 | 1,500 | 0 | 0 |
| SCANNER | 108 | 108 | 0 | 0 |
| NEW ROOF | 2,223 | 2,223 | 0 | 0 |
| ENVIRONMENTAL IMPROVEMENTS | 31,719 | 31,719 | 0 | 0 |
| NEW ENGINE | 1,721 | 1,721 | 0 | 0 |
| COMPUTER | 1,590 | 1,590 | 0 | 0 |
| ELECTRICAL UPGRADE | 21,996 | 10,557 | 11,439 | 11,439 |
| ELECTRICAL UPGRADE | 118,624 | 53,892 | 64,732 | 64,732 |
| ELECTRICAL UPGRADE | 5,775 | 2,533 | 3,242 | 3,242 |
| SMALL EQUIPMENT | 508 | 508 | 0 | 0 |
| TRACTOR J DEERE 250 | 1,700 | 1,700 | 0 | 0 |
| COPIER | 599 | 599 | 0 | 0 |
| MONITOR & HARD DRIVE | 290 | 290 | 0 | 0 |
| LAMP POST | 2,725 | 992 | 1,733 | 1,733 |
| FURNACE | 3,720 | 1,300 | 2,420 | 2,420 |
| 2 LAMP POSTS | 2,105 | 1,312 | 793 | 793 |
| TOSHIBA LAPTOP | 618 | 618 | 0 | 0 |
| CASIO CAMERA | 197 | 197 | 0 | 0 |
| BROTHER PRINTER | 429 | 429 | 0 | 0 |
| STOVE | 398 | 398 | 0 | 0 |
| MAJOR REPAIRS- KITCHEN ENTRY | 7,761 | 2,207 | 5,554 | 5,554 |
| ROOF CARRIAGE HOUSE | 11,587 | 3,250 | 8,337 | 8,337 |
| ACER DESKTOP | 560 | 560 | 0 | 0 |
| LAMP POST | 3,680 | 1,932 | 1,748 | 1,748 |
| PUSH LAWN MOWER | 240 | 240 | 0 | 0 |
| DIGITAL CAMERA | 235 | 235 | 0 | 0 |
| LEASEHOLD IMPROVEMENTS | 11,511 | 2,748 | 8,763 | 8,763 |
| TRACTOR J DEERE X500 | 4,848 | 4,183 | 665 | 665 |
| SECURITY SYSTEM | 4,253 | 3,453 | 800 | 800 |
| KITCHEN ENTRY IMPROVEMENTS | 3,318 | 702 | 2,616 | 2,616 |
| IMPROVEMENTS | 4,765 | 987 | 3,778 | 3,778 |
| KITCHEN ENTRY IMPROVEMENTS | 23,239 | 4,285 | 18,954 | 18,954 |
| NEW ROOF | 24,814 | 4,469 | 20,345 | 20,345 |
| NEW ROOF | 40,000 | 6,042 | 33,958 | 33,958 |
| HVAC | 3,500 | 532 | 2,968 | 2,968 |
| WINDOWS | 2,100 | 311 | 1,789 | 1,789 |
| SECURITY SYSTEM | 1,275 | 704 | 571 | 571 |
| GARAGE DOOR | 1,162 | 158 | 1,004 | 1,004 |
| HVAC | 3,951 | 499 | 3,452 | 3,452 |
| MANSION BOILER | 5,789 | 525 | 5,264 | 5,264 |
| HEAT PUMPS | 3,500 | 268 | 3,232 | 3,232 |
| GREENHOUSE | 5,530 | 277 | 5,253 | 5,253 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 275 | 0 | 275 | 0 |
| Item No. | 1 |
|---|---|
| Lender's Name | CHRISTOPHER LEE |
| Lender's Title | |
| Relationship to Insider | MEMBER |
| Original Amount of Loan | 200,000 |
| Balance Due | 65,741 |
| Date of Note | 2014-08 |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | 0.000000000000 |
| Security Provided by Borrower | UNSECURED |
| Purpose of Loan | MANSION ROOF |
| Description of Lender Consideration | CASH |
| Consideration FMV |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 887 | 0 | 887 | 0 |
| INSURANCE | 3,975 | 0 | 146 | 3,829 |
| REPAIRS & MAINT | 10,225 | 0 | 5,607 | 4,618 |
| OFFICE EXPENSE & SUPPLIES | 3,323 | 0 | 342 | 2,981 |
| SECURITY | 1,762 | 0 | 0 | 1,762 |
| PERMITS | 712 | 0 | 200 | 512 |
| MICELLANEOUS | 214 | 0 | 214 | 0 |
| FUEL | 248 | 0 | 0 | 248 |
| EVENTS | 333 | 0 | 333 | 0 |
| EQUIPMENT RENT | 1,104 | 0 | 0 | 1,104 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| RENTAL INCOME (NOT FROM INVESTMENT PROPERTY) | 48,850 | 48,850 | |
| TOURS | 9,247 | 9,247 | |
| EVENTS | 11,772 | 11,772 | |
| MISCELLANEOUS | 916 | 916 | |
| PPP LOAN FORGIVENESS | 11,000 | 11,000 | |
| MEMBERSHIP DUES AND ASSESSMENTS | 2,090 | 2,090 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAX PAYABLE | 2,237 | 1,741 |
| SECURITY DEPOSIT | 5,700 | 5,700 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 4,297 | 0 | 1,074 | 3,222 |
| SALES TAX | 147 | 0 | 147 | 0 |