| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 35,801 | 17,901 | 17,901 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENTS | FMV | 12,173,354 | 12,173,354 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 1,694 | 847 | 847 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| TAX ASSET | 22,830 | 13,252 | 13,252 |
| Description | Amount |
|---|---|
| UNREALIZED INVESTMENT GAIN/LOSS | 311,598 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 777 | 0 | 0 | |
| FILING FEES | 70 | 0 | 0 | |
| COMPUTER EXPENSE | 140,089 | 0 | 140,089 | |
| AMORTIZATION | 1,891 | 0 | 1,891 | |
| OFFICE SERVICE | 15,442 | 0 | 0 | |
| RENT EXPENSE | 11,850 | 0 | 11,850 | |
| FEDERAL TAX PENALTY | 153 | 0 | 153 | |
| PAYROLL FEES | 2,469 | 0 | 2,469 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PARTNERSHIP K-1 INCOME | 245 | 245 | 245 |
| Description | Amount |
|---|---|
| DEFERRED FEDERAL TAX | 32,837 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEFERRED TAX LIABILITY | 42,415 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 152,651 | 152,651 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 24,042 | 1,459 | 22,583 | |
| STATE TAXES | 1,970 | 0 | 0 |