| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 36,030 | 0 | 404 | 21,653 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| EQUIPMENT | 2023-12-31 | 3,007,281 | 1,852,234 | NC | 0 % | 0 | 0 | 0 | |
| LEASEHOLD IMPROVEMENTS | 2023-12-31 | 385,457 | 194,825 | NC | 0 % | 0 | 0 | 0 | |
| FURNITURE AND FIXTURES | 2023-12-31 | 25,626 | 21,895 | NC | 0 % | 0 | 0 | 0 | |
| VEHICLES | 2023-12-31 | 216,244 | 210,866 | NC | 0 % | 0 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 3,007,281 | 1,852,234 | 1,155,047 | 1,155,047 |
| LEASEHOLD IMPROVEMENTS | 385,457 | 194,825 | 190,632 | 190,632 |
| FURNITURE AND FIXTURES | 25,626 | 21,895 | 3,731 | 3,731 |
| VEHICLES | 216,244 | 210,866 | 5,378 | 5,378 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 302 | 0 | 3 | 299 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DUE TO/FROM TEMPLE PARTNERS | 60,633 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 1,865 | 0 | 26 | 1,839 |
| ANIMAL FEED | 206,732 | 0 | 3,003 | 203,729 |
| ADMINISTRATIVE EXPENSES | 2,346 | 0 | 10 | 2,336 |
| COMPUTERS AND TECHNOLOGY | 16,582 | 0 | 99 | 16,484 |
| DUES AND MEMBERSHIPS | 5,591 | 0 | 4 | 5,587 |
| EQUIPMENT RENTAL | 1,806 | 0 | 34 | 1,772 |
| FARM SUPPLIES | 250,175 | 0 | 2,585 | 247,590 |
| INSURANCE | 140,507 | 0 | 1,771 | 72,125 |
| LICENSES AND REGISTRATION | 4,738 | 0 | 38 | 4,700 |
| OFFICE SUPPLIES | 7,639 | 0 | 108 | 7,532 |
| POSTAGE AND SHIPPING | 7,765 | 0 | 26 | 7,803 |
| REPAIRS AND MAINTENANCE | 59,853 | 0 | 650 | 59,203 |
| SEEDS AND PLANTS | 36,136 | 0 | 470 | 35,666 |
| TELEPHONE AND INTERNET | 9,774 | 0 | 78 | 9,695 |
| UTILITIES | 98,907 | 0 | 982 | 97,925 |
| VEHICLE EXPENSES | 32,771 | 0 | 489 | 32,281 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| SALE OF CROPS AND HARVEST | 8,781 | 8,781 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER PROFESSIONAL FEES | 30,025 | 0 | 336 | 29,689 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 79,608 | 0 | 807 | 78,801 |