| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Tax Preparation | 3,040 | 0 | 0 | 3,040 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Marshall Van Conversions | 2017-09-16 | 23,711 | 18,968 | SL | 5.0000 | 4,743 | |||
| Marshall Van Conversions | 2018-02-09 | 17,536 | 12,859 | SL | 5.0000 | 3,507 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABS, 50 SH | 2,232 | 4,838 |
| CONOCOPHILLIPS, 119 SH | 6,222 | 12,178 |
| ELI LILLY & CO, 27 SH | 2,429 | 8,730 |
| EXXON MOBIL CORP, 265 SH | 16,781 | 23,137 |
| HOME DEPOT INC, 44 SH | 14,094 | 12,141 |
| JOHNSON AND JOHNSON COM, 417 SH | 73,211 | 68,121 |
| JPMORGAN CHASE & CO, 268 SH | 21,172 | 28,006 |
| MCDONALDS CORP, 35 SH | 5,336 | 8,076 |
| MICROSOFT CORP, 387 SH | 98,255 | 90,132 |
| NEXTERA ENERGY INC SHS, 146 SH | 11,171 | 11,448 |
| PROCTER & GAMBLE CO, 540 SH | 80,124 | 68,175 |
| THERMO FISHER SCIENTIFIC, 60 SH | 19,606 | 30,431 |
| VERIZON COMMUNICATNS COM, 701 SH | 35,550 | 26,617 |
| WALMART INC, 83 SH | 10,694 | 10,765 |
| UNITEDHEALTH GROUP INC, 59 SH | 25,064 | 29,797 |
| ALPHABET INC, 298 SH | 37,107 | 28,504 |
| AMAZON INC, 526 SH | 81,974 | 59,438 |
| AMGEN INC, 36 SH | 7,636 | 8,114 |
| APPLE INC, 262 SH | 25,217 | 36,208 |
| BLACKROCK INC, 15 SH | 11,510 | 8,254 |
| BROADCOM LTD, 58 SH | 28,492 | 25,753 |
| CHEVRON CORP, 215 SH | 22,868 | 30,889 |
| COSTCO WHOLESALE, 35 SH | 14,083 | 16,529 |
| CROWN CASTLE REIT, 139 SH | 25,811 | 20,092 |
| DANAHER CORP, 38 SH | 10,860 | 9,815 |
| EMERSON ELECTRIC, 188 SH | 16,834 | 13,765 |
| HILTON WORLDWIDE, 130 SH | 16,007 | 15,681 |
| HONEYWELL INTL, 89 SH | 17,660 | 14,860 |
| MEDTRONIC PLC, 311 SH | 38,023 | 25,113 |
| PEPSICO INC, 55 SH | 7,387 | 8,984 |
| PROLOGIS INC, 67 SH | 8,500 | 6,807 |
| TARGET CORP, 35 SH | 8,636 | 5,194 |
| TEXAS INSTRUMENTS, 418 SH | 78,479 | 64,698 |
| UNION PACIFIC CORP, 35 SH | 8,368 | 6,819 |
| VISA INC, 91 SH | 18,503 | 16,166 |
| GENL DYNAMICS CORP, 308 SH | 62,427 | 65,348 |
| KINDER MORGAN INC, 1,045 SH | 18,240 | 17,389 |
| NORTHROP GRUMANN CORP, 29 SH | 13,730 | 13,639 |
| TRUIST FINL CORP, 325 SH | 18,856 | 14,151 |
| UNITED PARCEL SVC, 66 SH | 14,079 | 10,662 |
| ZOETIS INC, 141 SH | 27,136 | 20,909 |
| BRISTOL-MYERS SQUIBB, 357 SH | 26,072 | 25,379 |
| CAPITAL ONE FIN, 75 SH | 11,340 | 6,913 |
| COMCAST CORP, 347 SH | 19,106 | 10,178 |
| CSX CORP, 488 SH | 15,964 | 13,000 |
| DEERE CO, 24 SH | 8,322 | 8,013 |
| EAST WEST BANCORP, 162 SH | 12,003 | 10,877 |
| EATON CORP, 141 SH | 21,663 | 18,804 |
| ENTERGY CORP, 237 SH | 24,597 | 23,849 |
| EQUITY RESIDENTIAL, 145 SH | 12,144 | 9,747 |
| FIFTH THIRD BANCORP, 640 SH | 24,311 | 20,454 |
| FORD MOTOR CO, 345 SH | 4,934 | 3,864 |
| HEWLETT PACKARD, 1,071 SH | 15,021 | 12,831 |
| INTL PAPER CO, 105 SH | 5,179 | 3,329 |
| L3HARRIS TECHNOLOGIES, 79 SH | 17,864 | 16,419 |
| MAGNA INTL INC, 266 SH | 21,387 | 12,614 |
| MARVELL TECH INC, 186 SH | 10,643 | 7,981 |
| NUTRIEN LTD, 348 SH | 26,341 | 29,016 |
| PACKAGING CORP AMER, 359 SH | 51,238 | 40,312 |
| PARKER HANNIFIN CORP, 30 SH | 9,149 | 7,269 |
| PROGRESSIVE CRP OH, 142 SH | 16,392 | 16,502 |
| QUALCOMM INC, 175 SH | 22,949 | 19,772 |
| QUEST DIAGNOSTICS INC, 361 SH | 50,483 | 44,291 |
| REALTY INCM CRP, 427 SH | 28,586 | 24,851 |
| SEAGATE TECH HLDGS, 222 SH | 19,187 | 11,817 |
| SYNCHRONY FINL, 234 SH | 11,009 | 6,596 |
| VICI PPTYS INC, 1,001 SH | 30,658 | 29,880 |
| AMERICAN EXPRESS, 179 SH | 31,642 | 24,149 |
| ARES MGMT CORP, 196 SH | 13,781 | 12,142 |
| BANK OF NOVA SCOTIA, 371 SH | 26,121 | 17,648 |
| BOSTON SCIENTIFIC, 352 SH | 15,388 | 13,633 |
| CIGNA CORP, 36 SH | 9,918 | 9,989 |
| COCA COLA, 374 SH | 24,114 | 20,951 |
| ELEVANCE HEALTH, 28 SH | 12,109 | 12,719 |
| EVEREST RE GROUP, 53 SH | 14,597 | 13,909 |
| GENERAL MILLS, 600 SH | 45,921 | 45,966 |
| GENUINE PARTS CO, 295 SH | 47,106 | 44,049 |
| GLOBALFOUNDRIES INC, 221 SH | 13,681 | 10,685 |
| GRAPHIC PACKAGING HLDG, 519 SH | 10,206 | 10,245 |
| HUMANA INC, 25 SH | 10,088 | 12,130 |
| HUNTINGTON INGALLS, 203 SH | 46,888 | 44,965 |
| IQVIA HOLDINGS, 65 SH | 16,631 | 11,774 |
| KRAFT HEINZ CO, 372 SH | 15,591 | 12,406 |
| LOCKHEED MARTIN, 117 SH | 50,137 | 45,196 |
| META PLATFORMS INC, 228 SH | 40,424 | 30,935 |
| ON SEMICONDUCTOR, 217 SH | 12,704 | 13,526 |
| PALO ALTO NETWORKS INC, 28 SH | 5,038 | 4,586 |
| PAYCHEX INC, 369 SH | 50,382 | 41,405 |
| PAYPAL HOLDINGS, 248 SH | 23,040 | 21,345 |
| PFIZER INC, 510 SH | 28,624 | 22,318 |
| PRINCIPAL FINANCIAL, 518 SH | 36,478 | 37,374 |
| REXFORD INDL RLTY, 210 SH | 14,532 | 10,920 |
| SBA COMMUNICATIONS, 38 SH | 11,848 | 10,817 |
| SCHLUMBERGER LTD, 353 SH | 11,417 | 12,673 |
| STARBUCKS CORP, 246 SH | 22,658 | 20,728 |
| TESLA INC, 33 SH | 9,583 | 8,753 |
| THOMSON REUTERS CORP, 110 SH | 11,393 | 11,288 |
| TORONTO DOMINION BANK, 343 SH | 24,809 | 21,036 |
| TYSON FOODS INC, 594 SH | 53,505 | 39,162 |
| VALERO ENERGY CORP, 126 SH | 12,545 | 13,463 |
| WEX INC, 89 SH | 15,074 | 11,298 |
| WILLIAMS COMPANIES, 444 SH | 12,474 | 12,712 |
| XCEL ENERGY INC, 116 SH | 8,463 | 7,424 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ISHARES TIPS, 448 SH | AT COST | 50,347 | 46,995 |
| ISHARES MBS ETF, 2,308 SH | AT COST | 250,272 | 211,367 |
| ISHARES IBOXX$, 923 SH | AT COST | 107,868 | 94,561 |
| INVESCO EMERG MKTS, 3,459 SH | AT COST | 89,405 | 58,595 |
| INVESCO PREF ETF, 1,627 SH | AT COST | 23,077 | 19,329 |
| SPDR BLOOMBERG, 505 SH | AT COST | 46,180 | 46,258 |
| VANGUARD INTERMEDIATE, 1,020 SH | AT COST | 92,994 | 77,194 |
| VANGUARD SHORT TERM BOND, 2,016 SH | AT COST | 162,171 | 149,749 |
| AMER FUNDS INCOME FD, 18,776 SH | AT COST | 482,111 | 402,933 |
| AMER FUNDS AMERICAN, 15,054 SH | AT COST | 490,671 | 402,845 |
| ISHARES 20+ YEAR, 403 SH | AT COST | 51,514 | 41,287 |
| LORD ABBETT DIVIDEND, 46,926.748 SH | AT COST | 952,338 | 763,967 |
| SCHWAB SHORT TERM US, 2,300 SH | AT COST | 117,776 | 110,998 |
| VANECK FALLEN ANGEL, 747 SH | AT COST | 24,278 | 19,594 |
| VANGUARD TOTAL INTL, 1,234 SH | AT COST | 70,446 | 58,899 |
| ISHARES IBOXX$ HIGH YIELD, 272 SH | AT COST | 23,865 | 19,418 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 80,593 | 79,423 | 1,170 | 1,170 |
| Machinery and Equipment | 28,995 | 28,995 |
| Description | Amount |
|---|---|
| Cost Basis Adjustment | 1,066 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Auto Expenses | 1,755 | 1,755 | ||
| Bank Service Fee | 185 | 185 | ||
| Dues & Subsription | 125 | 125 | ||
| Filing Fees | 200 | 200 | ||
| Insurance | 2,589 | 2,589 | ||
| Office Supplies & Software | 2,141 | 2,141 | ||
| Outreach | 216 | 216 | ||
| Postage & Delivery | 10 | 10 | ||
| Program Services | 72,000 | 72,000 | ||
| Program Supplies | 30,375 | 30,375 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Advisory Fees | 37,311 | 37,311 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Excise Taxes | 42,045 | |||
| Foreign Tax Paid on Investments | 392 | 392 |