| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting Services | 29,785 | 0 | 29,785 | 0 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| Form 990-PF, Part II, Line 14: Land, Buildings & Equipment | Section 1.263(a)-3(n) Election:Franklin Home For the Aged Association24 Peabody PlaceFranklin, NH 03235EIN: 02-0202330Franklin Home For the Aged Association is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). | |
| Part VIII-A, Line 1: Continuation of Summary of Direct Charitable Activity | In 2020 we obtained support from USA Rural Development Authority to expand again and become Peabody Place while still holding to our core values of a family orientated, familiar and affordable place where seniors could age with grace and dignity. We now offer Memory Care and Assisted Living options with Independent Living on the horizon, slated to open in 2023. We remain a unique retirement community brand, beloved and famous for our warm, welcoming, supportive, inclusive and affordable environment. | |
| Form 990-PF, Part I, Line 23: Amortization Expense | Description: Amortization Bond Issuance CostsDate Acquired: 12/20/22Amount Amortized: $286,102Deduction for Prior Years: $0.00Amortization Period: 420 MonthsCurrent Year Amortization: $8,174Total Amortization: $8,174 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 12,850.668 Shs Fidelity Floating Rate High Income | 121,696 | 121,696 |
| 1,456.562 Shs Fidelity MSCI Consumer | 128,585 | 128,585 |
| 2,073.446 Shs Fidelity MSCI FINLS Index ETF | 115,947 | 115,947 |
| 1,290.698 Shs Fidelity MSCI INDL Index ETF | 72,537 | 72,537 |
| 943.288 Shs Fidelity MSCI Information | 127,721 | 127,721 |
| 4,278.449 Shs Fidelity High Dividend ETF | 172,421 | 172,421 |
| 571.54 Shs iShares S&P Mid-Cap 400 Growth ETF | 48,730 | 48,730 |
| 1,979.232 Shs iShares Core S&P US Value ETF | 151,095 | 151,095 |
| 1,101.557 Shs iShares Core S&P US Growth ETF | 127,384 | 127,384 |
| 448.59 Shs iShares Trust S&P Mid Capital | 49,650 | 49,650 |
| 468.652 Shs iShares S&P Small Cap 600 Value Index Fund | 48,969 | 48,969 |
| 350.542 Shs iShares TR S&P Small CAP 600 Growth ETF | 48,655 | 48,655 |
| 951.142 Shs iShares Tips Bond ETF | 122,888 | 122,888 |
| 715.312 Shs iShares Core US Aggregate Bond ETF | 81,603 | 81,603 |
| 1503.358 Shs iShares TR US Treas BD ETF | 40,110 | 40,110 |
| 1,625.145 Shs iShares Core 1-5 Year USD Bond ETF | 81,956 | 81,956 |
| 4,097.913 Shs iShares Trust Fallen Angels USD BD | 122,814 | 122,814 |
| 3,145.817 Shs iShares TR PFD and INCM SEC | 124,040 | 124,040 |
| 1,258.105 Shs iShares Trust Convertible Bond ETF | 112,198 | 112,198 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| Investment in Proctor Point, LLC | AT COST | 221,881 | 221,881 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Land | 35,000 | 0 | 35,000 | 35,000 |
| Building and Building Improvements | 1,754,566 | 1,187,814 | 566,752 | 566,752 |
| Equipment | 286,945 | 254,446 | 32,499 | 32,499 |
| Construction in Progress | 12,930,510 | 0 | 12,930,510 | 12,930,510 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal Fees | 1,425 | 0 | 1,425 | 0 |
| Description | Amount |
|---|---|
| Unrealized Loss on Investments | 133,355 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Advertising | 7,524 | 0 | 7,524 | 0 |
| Insurance | 57,062 | 0 | 57,062 | 0 |
| Repairs and Maintenance | 36,519 | 0 | 36,519 | 0 |
| Licenses and Fees | 1,996 | 0 | 1,996 | 0 |
| Dues and Subscriptions | 9,755 | 0 | 9,755 | 0 |
| Miscellaneous Expenses | 10,176 | 0 | 10,176 | 0 |
| Educational Expenses | 1,214 | 0 | 1,214 | 0 |
| Food Expense | 98,935 | 0 | 98,935 | 0 |
| Supplies | 20,932 | 0 | 20,932 | 0 |
| Medical Supplies | 10,608 | 0 | 10,608 | 0 |
| Office Supplies | 12,448 | 0 | 12,448 | 0 |
| COVID Supplies | 38,426 | 0 | 38,426 | 0 |
| Amortization Expense | 8,174 | 0 | 8,174 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Nursing Home Services | 2,427,092 | 2,427,092 | |
| Assisted Living | 72,903 | 72,903 | |
| Other Income | 60,392 | 60,392 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Resident Funds Held in Trust | 2,115 | 1,382 |
| CARES Act Funding | 362,500 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Outside Services | 130,164 | 0 | 130,164 | 0 |
| Payroll Services | 3,975 | 0 | 3,975 | 0 |
| Investment Mgmt Fees | 4,901 | 4,901 | 4,901 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Service Provider Tax | 45,395 | 0 | 45,395 | 0 |