| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 4,855 | 2,650 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FREEZER STORAGE | 2021-09-20 | 18,000 | 3,536 | S/L | 7.0000 | 2,571 | |||
| CONCESSION TRAILER | 2021-10-12 | 26,320 | 4,230 | S/L | 7.0000 | 2,350 | |||
| CONCESSION TRAILER | 2022-06-16 | 153,705 | 10,979 | S/L | 7.0000 | 10,979 | |||
| CONCESSION TRAILER-EQUIPMENT | 2022-10-01 | 11,682 | 834 | S/L | 7.0000 | 835 | |||
| FURNITURE | 2023-03-21 | 11,687 | 200DB | 7.0000 | 9,683 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| FOOD TRUCK AND TRAILER | PURCHASE | 2023-08 | 161,500 | 191,707 | 30,207 | |||||
| FIRST NATIONAL BANK | PURCHASE | 280,607 | 302,080 | -21,473 | ||||||
| FIRST NATIONAL BANK | PURCHASE | 1,160,452 | 1,095,711 | 40,867 | 23,874 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FIRST NATIONAL BANK-TRUST INVESTMENT | 5,707,080 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| ORGANIZATIONAL COSTS | 34,282 | 20,385 | 13,897 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 1,159 |
| Description | Amount |
|---|---|
| INCREASE IN UNLREALIZED GAINS | -696,225 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ANNUAL BANQUET | ||||
| SUPPLIES | 1,057 | 1,057 | ||
| RAFFLE - GIVE AWAY | ||||
| SUPPLIES | 2,000 | 2,000 | ||
| DAVID BOON BENTON FUNDRAISE | ||||
| IN KIND RAFFLE ITEMS | ||||
| FOOD TRUCK | ||||
| SUPPLIES | 16,031 | 16,031 | ||
| EXPENSES | ||||
| BANK CHARGES | 127 | |||
| LIABILITY INSURANCE | 4,140 | |||
| SOFTWARE EXPENSE | 294 | |||
| OFFICE SUPPLIES | 3,950 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX | 1,527 | 1,527 | ||
| FOREIGN TAX ON DIVIDENDS | 2,456 | 2,456 | ||
| LICENSING | 362 |