| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 7,162 | 3,581 | 3,581 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAND-187.9 ACRES | 2000-05-04 | 280,800 | L | 0 | 0 | ||||
| LAND-114.848 ACRES | 2000-05-04 | 209,687 | L | 0 | 0 | ||||
| LAND-361 ACRES | 2000-05-04 | 494,619 | L | 0 | 0 | ||||
| TILE-187.9 ACRES | 2000-05-04 | 18,790 | 18,790 | 150DB | 15.000000000000 | 0 | 0 | ||
| TILE-119 ACRES | 2000-05-04 | 11,900 | 11,900 | 150DB | 15.000000000000 | 0 | 0 | ||
| TILE-361 ACRES | 2000-05-04 | 36,100 | 36,100 | 150DB | 15.000000000000 | 0 | 0 | ||
| TILE-2001 ADDITION | 2001-07-19 | 9,075 | 9,075 | 150DB | 15.000000000000 | 0 | 0 | ||
| LAND-74 ACRES | 2002-04-24 | 144,850 | L | 0 | 0 | ||||
| TILE-74 ACRES | 2002-04-24 | 7,400 | 7,400 | 150DB | 15.000000000000 | 0 | 0 | ||
| LAND-172 ACRES | 2003-03-14 | 378,400 | L | 0 | 0 | ||||
| TILE-172 ACRES | 2003-03-14 | 17,200 | 17,200 | 150DB | 15.000000000000 | 0 | 0 | ||
| TILE (C72 FARM) | 2004-06-15 | 9,348 | 9,348 | 150DB | 15.000000000000 | 0 | 0 | ||
| LAND-HUNLEY (79.03 ACRES) | 2006-04-07 | 313,239 | L | 0 | 0 | ||||
| TILE-HUNLEY PROPERTY (79.03 ACRES) | 2006-04-07 | 7,903 | 7,903 | 150DB | 15.000000000000 | 0 | 0 | ||
| LAND-POTTER FARM (157 ACRES) | 2006-05-17 | 579,520 | L | 0 | 0 | ||||
| TILE-POTTER FARM (157 ACRES) | 2006-05-17 | 15,700 | 15,700 | 150DB | 15.000000000000 | 0 | 0 | ||
| TILE | 2013-03-01 | 18,820 | 11,595 | 150DB | 15.000000000000 | 1,112 | 1,255 | ||
| DRAINIAGE - FARM 30789 | 2022-06-01 | 153,869 | 150DB | 15.000000000000 | 1,923 | 2,564 | |||
| LAND IMPROVEMENTS - FARM 30789 | 2022-04-14 | 10,428 | 150DB | 15.000000000000 | 391 | 290 | |||
| LAND IMPROVEMENTS - FARM 30791 | 2021-12-22 | 9,390 | 150DB | 15.000000000000 | 587 | 417 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| LPL FINANCIAL INVESTMENTS | 1,252,492 | 1,723,659 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND-187.9 ACRES | 280,800 | 0 | 280,800 | |
| LAND-114.848 ACRES | 209,687 | 0 | 209,687 | |
| LAND-361 ACRES | 494,619 | 0 | 494,619 | |
| TILE-187.9 ACRES | 18,790 | 18,790 | 0 | |
| TILE-119 ACRES | 11,900 | 11,900 | 0 | |
| TILE-361 ACRES | 36,100 | 36,100 | 0 | |
| TILE-2001 ADDITION | 9,075 | 9,075 | 0 | |
| LAND-74 ACRES | 144,850 | 0 | 144,850 | |
| TILE-74 ACRES | 7,400 | 7,400 | 0 | |
| LAND-172 ACRES | 378,400 | 0 | 378,400 | |
| TILE-172 ACRES | 17,200 | 17,200 | 0 | |
| TILE (C72 FARM) | 9,348 | 9,348 | 0 | |
| LAND-HUNLEY (79.03 ACRES) | 313,239 | 0 | 313,239 | |
| TILE-HUNLEY PROPERTY (79.03 ACRES) | 7,903 | 7,903 | 0 | |
| LAND-POTTER FARM (157 ACRES) | 579,520 | 0 | 579,520 | |
| TILE-POTTER FARM (157 ACRES) | 15,700 | 15,700 | 0 | |
| TILE | 18,820 | 12,707 | 6,113 | |
| DRAINIAGE - FARM 30789 | 153,869 | 1,923 | 151,946 | |
| LAND IMPROVEMENTS - FARM 30789 | 10,428 | 391 | 10,037 | |
| LAND IMPROVEMENTS - FARM 30791 | 9,390 | 587 | 8,803 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| GLOBAL ATLANTIC FINANCIAL ANNUITY INVESTMENT | AT COST | 154,178 | 154,178 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| CO-OP SHARES | 909 | 909 | 909 |
| Description | Amount |
|---|---|
| RETURN OF CAPITAL - INVESTMENT ACCOUNT | 10,854 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADMINISTRATIVE | 68 | 34 | 34 | |
| IL-AG990 FILING FEE | 15 | 0 | 15 | |
| LOSS ON ANNUITY INVESTMENT | 24,748 | 24,748 | 0 | |
| LOAN FEES | 565 | 283 | 282 | |
| SEED | 97,298 | 97,298 | 0 | |
| FERTILIZER | 150,265 | 150,265 | 0 | |
| CHEMICALS | 64,588 | 64,588 | 0 | |
| MACHINE HIRE | 138,275 | 138,275 | 0 | |
| GRAIN DRYING | 9,649 | 9,649 | 0 | |
| INSURANCE | 43,705 | 43,705 | 0 | |
| MISCELLANEOUS | 84 | 84 | 0 | |
| MANAGEMENT FEE | 3,750 | 3,750 | 0 | |
| REPAIRS | 3,428 | 3,428 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT SERVICES | 16,130 | 16,130 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF TAX | 6,495 | 0 | 0 | |
| REAL ESTATE TAXES | 38,460 | 38,460 | 0 |