| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| APACHE FINANCE CDA CORP - CORPORATE BONDS | 22,750 | 44,231 |
| AMERADA HESS CORP - INVESTMENT GRADE CORPORATE BONDS | 28,700 | 46,818 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 3M CO - COMMON STOCK | 227,884 | 230,919 |
| ADR BP, PLC - COMMON STOCK | 133,326 | 106,520 |
| ADR RIO TINTO PLC - COMMON STOCK | 91,220 | 100,410 |
| ADR ROYAL DUTCH SHELL PLC A SHARES - COMMON STOCK | 228,280 | 156,240 |
| ALLSTATE CORP - COMMON STOCK | 124,284 | 141,180 |
| APACHE CORP - COMMON STOCK | 128,865 | 134,450 |
| APPLE COMPUTER INC - COMMON STOCK | 85,423 | 88,785 |
| ARCHER-DANIELS-MIDLAND CO - COMMON STOCK | 103,306 | 184,521 |
| AT&T INC - COMMON STOCK | 231,334 | 172,200 |
| B&G FOODS INC - COMMON STOCK | 169,337 | 196,672 |
| BAXTER INTL INC - COMMON STOCK | 164,590 | 171,680 |
| BRISTOL MYERS SQUIBB CO - COMMON STOCK | 136,808 | 168,345 |
| BUNGE LIMITED - COMMON STOCK | 157,380 | 373,440 |
| CHEVRON CORP - COMMON STOCK | 262,728 | 293,375 |
| CINCINATTI FINANCIAL GROUP - COMMON STOCK | 21,547 | 22,786 |
| CISCO SYSTEM INC - COMMON STOCK | 287,450 | 316,850 |
| CLOROX CO - COMMON STOCK | 239,423 | 261,540 |
| COCA COLA CO - COMMON STOCK | 182,473 | 207,235 |
| COMPASS MINERALS INTL INC - COMMON STOCK | 85,704 | 81,728 |
| CONOCOPHILLIPS - COMMON STOCK | 253,826 | 324,810 |
| COSTCO WHOLESALE CORP - COMMON STOCK | 194,973 | 283,850 |
| DOW INC - COMMON STOCK | 131,461 | 141,800 |
| DUPONT DE NEMOURS INC - COMMON STOCK | 100,380 | 113,092 |
| EASTMAN CHEMICAL CO - COMMON STOCK | 31,160 | 48,364 |
| ELI LILLY & CO - COMMON STOCK | 108,365 | 276,220 |
| EMERSON ELECTRIC CO - COMMON STOCK | 130,760 | 185,940 |
| EXXON-MOBIL CORP - COMMON STOCK | 372,920 | 367,140 |
| FORD MOTOR COMPANY - COMMON STOCK | 20,810 | 41,540 |
| GENERAL DYNAMICS CORP - COMMON STOCK | 240,162 | 271,011 |
| GENERAL MILLS INC - COMMON STOCK | 105,540 | 134,760 |
| GILEAD SCI INC - COMMON STOCK | 200,098 | 217,830 |
| GLAXO SMITHKLINE - COMMON STOCK | 286,589 | 308,700 |
| HELMERICH & PAYNE CO - COMMON STOCK | 109,862 | 52,140 |
| HESS CORP - COMMON STOCK | 254,604 | 310,926 |
| HOLLYFRONTIER CORP - COMMON STOCK | 278,678 | 229,460 |
| INTEL CORP - COMMON STOCK | 272,085 | 283,250 |
| INTERNATIONAL BUSINESS MACH CORP - COMMON STOCK | 319,173 | 334,150 |
| JOHNSON & JOHNSON - COMMON STOCK | 264,990 | 342,140 |
| KELLOGG CO - COMMON STOCK | 112,948 | 128,840 |
| KIMBERLY CLARK CORP - COMMON STOCK | 136,389 | 142,920 |
| KINDER MORGAN INC DEL - COMMON STOCK | 351,041 | 317,200 |
| KRAFT HEINZ CO - COMMON STOCK | 29,924 | 32,310 |
| LANDMARK BANCORP - COMMON STOCK | 125,676 | 178,681 |
| LIONS GATE ENTERTAINMENT CL A VOTING - COMMON STOCK | 49,000 | 66,560 |
| LIONS GATE ENTERTAINMENT CL B NON-VOTING - COMMON STOCK | 46,420 | 61,560 |
| MERCK & CO INC NEW - COMMON STOCK | 312,835 | 306,560 |
| MICROSOFT CORP - COMMON STOCK | 342,688 | 840,800 |
| PAYCHEX INC - COMMON STOCK | 119,805 | 191,100 |
| PEPSICO INC - COMMON STOCK | 333,438 | 434,275 |
| PFIZER INC - COMMON STOCK | 296,741 | 472,400 |
| PHILLIPS 66 - COMMON STOCK | 10,116 | 7,246 |
| PITNEY BOWNES INC - COMMON STOCK | 8,180 | 13,260 |
| PROCTOR AND GAMBLE CO. - COMMON STOCK | 290,025 | 408,950 |
| QUALCOMM INC - COMMON STOCK | 49,234 | 91,435 |
| RAYTHEON TECHNOLOGIES CORP - COMMON STOCK | 95,943 | 86,060 |
| REPUBLIC SERVICES - COMMON STOCK | 96,718 | 153,395 |
| SCHLUMBERGER LTD - COMMON STOCK | 224,548 | 179,700 |
| VAALCO ENERGY INC - COMMON STOCK | 33,400 | 64,200 |
| VERIZON COMMUNICATIONS - COMMON STOCK | 285,724 | 259,800 |
| VIATRIS INC - COMMON STOCK | 14,988 | 11,744 |
| WASTE MGMT INC - COMMON STOCK | 237,080 | 333,800 |
| BUFFALO FLEXIBLE INCOME FUND INSTITUTIONAL CI - MUTUAL FUND | 102,206 | 123,696 |
| BUFFALO INTERNATIONAL FUND INSTITUTIONAL CI - MUTUAL FUND | 590,493 | 892,219 |
| CITIZENS FINANCIAL CORP - COMMON STOCK | 42,639 | 47,250 |
| CONAGRA FOODS - COMMON STOCK | 341,899 | 341,500 |
| KYNDRYL HOLDINGS INC | 11,390 | 7,240 |
| MARATHON PETE CORP - COMMON STOCK | 24,742 | 31,995 |
| NEWMONT GOLDCORP - COMMON STOCK | 85,858 | 92,662 |
| ORGANON & CO - COMMON STOCK | 15,005 | 12,180 |
| TRUIST FINANCIAL CORP - COMMON STOCK | 56,285 | 58,550 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| SUSTAIN 1503 ELMWOOD - LIMITED PARTNERSHIP | AT COST | 50,000 | 13,396 |
| SUSTAIN 220 WOODLAWN LP - LIMITED PARTNERSHIP | AT COST | 115,000 | 0 |
| SUSTAIN 4927 WYNNEFIELD LP - LIMITED PARTNERSHIP | AT COST | 100,000 | 0 |
| SUSTAIN PAXSON LP - LIMITED PARTNERSHIP | AT COST | 50,000 | 2,905 |
| SUSTAIN RIVEREDGE LP - LIMITED PARTNERSHIP | AT COST | 100,000 | 91,504 |
| SUSTAIN VICTORIA ARMS LP - LIMITED PARTNERSHIP | AT COST | 200,000 | 0 |
| BRASHER PROMISSORY NOTE - UNSECURED NOTE | AT COST | 865,339 | 865,339 |
| Description | Amount |
|---|---|
| UNREALIZED LOSS ON SECURITIES | 422,943 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PASSTHROUGH INCOME OR LOSS | 0 | -130,379 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 91,091 | 91,091 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL INCOME TAXES | 3,500 | 0 | 0 | 0 |
| FOREIGN TAXES PAID | 886 | 886 | 0 | 0 |