| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 9,140 | 0 | 0 | 9,140 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 585,957 | 0 | 585,957 | 337,100 |
| BUILDINGS | 113,933 | 82,415 | 31,518 | 126,700 |
| PERSONAL PROPERTY | 25,662 | 25,662 | 0 |
| Item No. | 1 |
|---|---|
| Lender's Name | MCFARLAND STATE BANK |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | |
| Balance Due | 726,194 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| MAHUNT MUSEUM - MOUNTS/VIDEO/PHOTO | 381,449 | 381,449 | 18,605 |
| MAHUNT MUSEUM - VIDEO/PHOTO | 374,486 | 374,486 | |
| NET INTANGIBLE ASSETS | 4,002 | 3,809 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 2,189 | 1,808 | 0 | 381 |
| WATER & SEWER | 999 | 999 | 0 | 0 |
| POSTAGE AND DELIVERY | 350 | 0 | 0 | 350 |
| LICENSE | 10 | 0 | 0 | 10 |
| UTILITIES | 500 | 0 | 0 | 500 |
| BANK SERVICE CHARGE | 12 | 0 | 0 | 12 |
| WEBSITE | 500 | 0 | 0 | 500 |
| MISCELLANOUS | 1,000 | 0 | 0 | 1,000 |
| AMORTIZATION | 193 | 0 | 0 | 193 |