| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CPA | 3,350 | 3,350 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| IMPROVEMENTS | 2006-06-30 | 52,585 | 50,834 | S/L | 15.0000 | 1,751 | |||
| SPORTS COMPLEX | 2015-11-10 | 6,825,000 | 896,875 | S/L | 39.0000 | 175,000 | |||
| ROAD IMPROVEMENTS | 2015-09-30 | 3,125,671 | 2,248,974 | 150DB | 15.0000 | 92,284 | |||
| BASEBALL FIELD LIGHTS | 2015-10-23 | 153,650 | 110,554 | 150DB | 15.0000 | 4,536 | |||
| SCOREBOARD | 2015-03-11 | 58,893 | 42,374 | 150DB | 15.0000 | 1,739 | |||
| KUBOTA RTV | 2015-06-22 | 14,900 | 13,903 | 200DB | 7.0000 | 665 | |||
| GOLF CART | 2015-06-15 | 7,495 | 6,993 | 200DB | 7.0000 | 335 | |||
| GYM IMPROVEMENTS-6800 PV | 2016-07-01 | 124,428 | 14,224 | S/L | 39.0000 | 3,191 | |||
| GYM IMPROVEMENTS-6900 PV | 2016-07-01 | 45,509 | 5,202 | S/L | 39.0000 | 1,167 | |||
| LAND IMPROVEMENTS | 2016-07-01 | 5,618 | 3,867 | 150DB | 15.0000 | 175 | |||
| NEW FACILITY | 2016-07-01 | 273,539 | 31,270 | S/L | 39.0000 | 7,014 | |||
| NEW FACILITY | 2016-07-01 | 1,439,664 | 164,577 | S/L | 39.0000 | 36,914 | |||
| LAND ROAD IMPROVEMENT | 2016-07-01 | 617,865 | 425,309 | 150DB | 15.0000 | 19,256 | |||
| TENNIS FACILITY | 2016-07-01 | 1,000,000 | 114,316 | S/L | 39.0000 | 25,641 | |||
| LAND IMPROVEMENTS TENNIS FACILITY | 2016-07-01 | 192,808 | 132,720 | 150DB | 15.0000 | 6,009 | |||
| INDOOR SOCCER COMPLEX | 2016-07-01 | 25,822 | 2,952 | S/L | 39.0000 | 662 | |||
| WRESTLING COMPLEX | 2016-07-01 | 519,772 | 59,418 | S/L | 39.0000 | 13,328 | |||
| GYM WINDOWS | 2017-11-27 | 5,415 | 434 | S/L | 39.0000 | 139 | |||
| 2017 DODGE RAM 2500 (PVF) | 2017-01-26 | 40,073 | 36,611 | 200DB | 5.0000 | 2,308 | |||
| JD 2017 COMPACT TRACTOR LOADER | 2017-12-05 | 71,000 | 71,000 | 200DB | 7.0000 | ||||
| TRACTOR EQUIPMENT | 2017-12-13 | 4,324 | 4,324 | 200DB | 7.0000 | ||||
| LAND IMPROVEMENTS | 2017-07-01 | 35,662 | 23,313 | 150DB | 15.0000 | 1,235 | |||
| 2017 DODGE RAM 1500 9094 | 2016-12-27 | 49,000 | 47,589 | 200DB | 5.0000 | 1,411 | |||
| 2016 DODGE RAM 1500 7038 | 2016-12-27 | 38,000 | 36,906 | 200DB | 5.0000 | 1,094 | |||
| TRUCK | 2016-12-27 | 31,950 | 21,726 | 200DB | 5.0000 | ||||
| PVF GYM/BARN IMPROVEMENTS | 2017-07-01 | 186,668 | 122,030 | 150DB | 15.0000 | 6,463 | |||
| TENNIS FACILITY | 2017-02-27 | 94,626 | 9,402 | S/L | 39.0000 | 2,426 | |||
| TENNIS FACILITY EQUIP | 2017-01-12 | 5,469 | 4,615 | 200DB | 7.0000 | 244 | |||
| EQUIPMENT | 2018-07-02 | 67,500 | 67,500 | 200DB | 7.0000 | ||||
| EQUIPMENT | 2018-06-30 | 36,942 | 36,942 | 200DB | 7.0000 | ||||
| EQUIPMENT | 2018-10-01 | 4,358 | 4,358 | 200DB | 7.0000 | ||||
| BARN | 2018-12-18 | 111,054 | 5,814 | S/L | 39.0000 | 2,847 | |||
| IMPROVEMENTS | 2018-07-01 | 10,465 | 10,465 | 150DB | 15.0000 | ||||
| FENCING | 2018-02-12 | 23,128 | 23,128 | 150DB | 15.0000 | ||||
| IMPROVEMENTS | 2018-11-14 | 103,772 | 5,654 | S/L | 39.0000 | 2,661 | |||
| FENCE | 2018-09-12 | 30,404 | 30,404 | 150DB | 15.0000 | ||||
| BARN | 2018-07-01 | 66,268 | 4,177 | S/L | 39.0000 | 1,699 | |||
| ROAD | 2018-12-13 | 281,216 | 281,216 | 150DB | 15.0000 | ||||
| BARN | 2019-04-01 | 19,425 | 851 | S/L | 39.0000 | 498 | |||
| BARNIMPROVEMENT | 2019-01-25 | 16,980 | 853 | S/L | 39.0000 | 435 | |||
| GYM | 2019-12-13 | 182,363 | 4,871 | S/L | 39.0000 | 4,676 | |||
| BARN | 2019-11-11 | 50,560 | 1,458 | S/L | 39.0000 | 1,297 | |||
| INDOOR SOCCER | 2019-11-11 | 45,805 | 1,321 | S/L | 39.0000 | 1,175 | |||
| OFFICEFURNITURE | 2019-04-26 | 30,000 | 30,000 | 200DB | 7.0000 | ||||
| OVERHEAD DOOR | 2019-01-10 | 5,374 | 270 | S/L | 39.0000 | 138 | |||
| ROAD | 2019-04-16 | 7,316 | 7,316 | 150DB | 15.0000 | ||||
| VEHICLE | 2019-05-07 | 12,263 | 12,263 | 200DB | 5.0000 | ||||
| STORAGE BLDG 2 | 2020-11-24 | 76,184 | 244 | S/L | 39.0000 | 1,954 | |||
| OFFICE FURNITURE | 2020-01-28 | 2,315 | 2,315 | 200DB | 7.0000 | ||||
| CONSTRUCTION COSTS | 2020-02-25 | 30,000 | 673 | S/L | 39.0000 | 769 | |||
| STORAGE BUILDING 2 | 2021-09-08 | 440,802 | S/L | 39.0000 | 3,297 | ||||
| CONSTR IMPROVE | 2021-11-22 | 12,086 | S/L | 39.0000 | 39 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EQUITIES/INDEX FD ETF-STEPHENS | 28,558 | 48,288 |
| FOLEY FITNESS | 100,000 | 100,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| SPORTS COMPLEX | 6,825,000 | 1,071,875 | 5,753,125 | 7,000,000 |
| ROAD IMPROVEMENTS | 3,125,671 | 2,341,258 | 784,413 | 3,200,000 |
| NEW FACILITY/IMPROVEMENTS | 3,428,734 | 479,876 | 2,948,858 | 3,500,000 |
| IMPROVEMENTS | 52,585 | 52,585 | 53,000 | |
| LIGHTS | 153,650 | 115,090 | 38,560 | 150,000 |
| SCOREBOARD | 58,893 | 44,113 | 14,780 | 50,000 |
| KUBOTA RTV | 14,900 | 14,568 | 332 | 4,000 |
| CART | 7,495 | 7,328 | 167 | 2,000 |
| LAND IMPROVEMENTS | 816,291 | 587,336 | 228,955 | 820,000 |
| TRUCKS | 127,073 | 125,919 | 1,154 | 60,000 |
| JD 2017 COMPACT TRACTOR LOADER | 71,000 | 71,000 | 24,000 | |
| 2017 EQUIPMENT | 9,793 | 9,183 | 610 | 2,000 |
| 2017 LAND IMPROVEMENTS | 35,662 | 24,548 | 11,114 | 36,000 |
| 2017 GYM/BARN/TENNIS FACILITY | 286,709 | 140,894 | 145,815 | 290,000 |
| 2018 FENCE/LAND IMPROVEMENTS | 345,213 | 345,213 | 350,000 | |
| 2018 BARN/IMPROVEMENTS | 281,094 | 22,852 | 258,242 | 300,000 |
| 2018 EQUIPMENT | 108,800 | 108,800 | 40,000 | |
| 2019 VEHICLE | 12,263 | 12,263 | 7,000 | |
| 2019 OFFICE FURNITURE | 30,000 | 30,000 | 20,000 | |
| 2019 ROAD IMPROVE | 7,316 | 7,316 | 7,000 | |
| 2019 BARN/GYM/INDOOR SOCCER | 320,507 | 17,843 | 302,664 | 320,000 |
| 2020 CONSTRUCTION COSTS/STORAGE BLDG | 106,184 | 3,640 | 102,544 | 110,000 |
| OFFICE FURNITURE | 2,315 | 2,315 | 2,000 | |
| STORAGE BLDG/IMPROVEMENTS | 452,888 | 3,336 | 449,552 | 450,000 |
| Description | Amount |
|---|---|
| TAX | 8,170 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADVERTISING | 12,960 | 12,960 | ||
| BANK CHARGES | 5,600 | 5,600 | ||
| CREDIT CARD PROCESSING FEES | 3,237 | 3,237 | ||
| GEAR/EQUIPMENT | 5,516 | 5,516 | ||
| MISCELLANEOUS | 52,689 | 52,689 | ||
| REIMBURSED EXPENSES | 9,751 | 9,751 | ||
| SUPPLIES | 1,664 | 1,664 | ||
| TOURNAMENT & REGISTRATION FEE | 2,000 | 2,000 | ||
| TRACTOR REPAIRS & TIRES | 16,476 | 16,476 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| REGISTRATIONS | 39,825 | 39,825 | |
| REIMBURSED EXPENSES | 36,714 | 36,714 | |
| SOCCER FACILITY | 5,700 | 5,700 |
| Description | Amount |
|---|---|
| OTHER INCREASES | 11,261 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
NOTE RECEIVABLE |
24,400 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COACHES | 19,925 | 19,925 | ||
| INVESTMENT ADVISORY FEES | 400 | 400 | ||
| OUTSIDE ASSISTANCE | 146,940 | 146,940 | ||
| REF FEES | 150 | 150 | ||
| PROF FEES | 500 | 500 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REAL ESTATE TAXES | 4,965 | 4,965 |