| 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 |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE FURNITURE | 2006-02-01 | 1,469 | 1,469 | 200DB | 5.000000000000 | 0 | |||
| PRINTER | 2008-03-13 | 1,091 | 1,091 | 200DB | 5.000000000000 | 0 | |||
| BUILDING | 2018-12-13 | 311,755 | 32,308 | SL | 39.000000000000 | 7,994 | |||
| BUILDING RENOVATIONS | 2019-03-31 | 20,124 | 1,957 | SL | 39.000000000000 | 516 | |||
| BUILDING RENOVATIONS | 2019-06-03 | 15,722 | 3,712 | SL | 15.000000000000 | 1,048 | |||
| HVAC | 2019-10-07 | 4,000 | 933 | SL | 15.000000000000 | 267 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AVE MARIA MUTUAL FUNDS | 1,789,644 | 1,789,644 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE FURNITURE | 1,469 | 1,469 | 0 | |
| PRINTER | 1,091 | 1,091 | 0 | |
| BUILDING | 351,601 | 48,735 | 302,866 | |
| LAND | 77,939 | 0 | 77,939 |
| Description | Amount |
|---|---|
| FEDERAL EXCISE TAX | 899 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING AND PROMOTIONS | 8,882 | 8,882 | ||
| INSURANCE | 12,917 | 4,873 | ||
| UTILITY EXPENSE | 4,492 | 4,043 | ||
| TELEPHONE EXPENSE | 4,687 | 4,218 | ||
| SUPPLIES/OFFICE EXPENSE | 6,705 | 0 | ||
| CLIENT PROGRAMS | 4,701 | 4,701 | ||
| POSTAGE | 2,883 | 2,883 | ||
| BANK CHARGES | 139 | 0 | ||
| MILEAGE REIMBURSEMENT | 840 | 756 | ||
| REPAIRS & MAINTENANCE | 3,431 | 0 | ||
| DUES & SUBSCRIPTIONS | 3,572 | 3,572 | ||
| BACKGROUND CHECKS | 1,256 | 1,256 | ||
| AWARDS & BANQUETS | 180 | 180 | ||
| JANITORIAL | 5,850 | 0 | ||
| SECURITY EXPENSE | 479 | 0 | ||
| FLOWERS AND GIFTS | 1,459 | 857 | ||
| EDUCATION & SEMINARS | 3,423 | 2,423 | ||
| BOARD MEETING EXPENSES | 83 | 83 | ||
| STATE LICENSE FEE | 50 | 0 | ||
| SCHOLARSHIPS GIVEN | 2,000 | 2,000 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN ON INVESTMENTS | 57,601 |
| CAPITAL GAIN ON INVESTMENTS | 324 |
| CAPITAL GAIN DIVIDENDS | 18,208 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAXES PAYABLE | 2,618 | 2,574 |
| CREDIT CARD PAYABLE | 1,726 | 4,744 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 9,705 | 8,735 |