| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 13,045 | 3,260 | 9,785 | 9,785 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 943,310 | STRAIGHT LINE | 147,460 | 147,460 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| SEE ATTACHED | 2023-01 | PURCHASE | 2023-12 | 233,256 | 233,006 | 250 | ||||
| SEE ATTACHED | 2022-01 | PURCHASE | 2023-12 | 1,356,611 | 1,371,538 | -14,927 | ||||
| AUTO TRADE IN | 2011-01 | PURCHASE | 2023-04 | 5,000 | 35,200 | 5,000 | 35,200 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE BONDS | 2,874,442 | 2,771,413 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE STOCKS & MUTUAL FUNDS | 2,503,456 | 3,055,949 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND (LEASHOLD) | 18,508 | 18,508 | 100,000 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| UNREALIZED MARKET VALUE | FMV | 531,788 | 531,788 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| PROPERTY & EQUIPMENT | 5,199,331 | 2,720,008 | 2,479,323 | 2,500,000 |
| LAND | 607,885 | 607,885 | 470,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PREPAID EXCISE TAX | 1,782 | 118 | 118 |
| OTHER ASSETS | 831 | 831 | 831 |
| INTEREST RECEIVABLE | 20,789 | 25,577 | 25,577 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| AUTO EXPENSE | ||||
| BANK FEES | 1,203 | 1,203 | 1,203 | |
| CLEANING SERVICES | 10,425 | 10,425 | 10,425 | |
| CSUAL LABOR | ||||
| FGN TAX PAID | 1,044 | 1,044 | ||
| FIRE ALARM/EXTINGUSHER MAINT | 7,250 | 7,250 | 7,250 | |
| FOOD & HOUSEHOLD SUPPLIES | 42,251 | 42,251 | 42,251 | |
| GAS AND ELECTRIC | 39,360 | 39,360 | 39,360 | |
| INSPECTION FEES | 1,892 | 1,892 | 1,892 | |
| INSURANCE | 19,957 | 19,957 | 19,957 | |
| INTERNET/CABLE | 4,309 | 4,309 | 430 | |
| LAWN AND GARDEN | 8,962 | 8,962 | 8,962 | |
| MISCELLANEOUS EXPENSES | 1,845 | 1,845 | 1,845 | |
| OFFICE SUPPLIES POSTAGE | 126 | 126 | 126 | |
| PAYROLL PREPARATION FEES | 2,370 | 500 | 1,870 | 1,870 |
| PEST CONTROL | ||||
| PICNIC/OUTING EXPENSE | ||||
| REPAIRS & MAINTENANCE | 29,981 | 29,981 | 29,981 | |
| TELEPHONE | 771 | 300 | 471 | 471 |
| TRASH REMOVEL | ||||
| WATER | 8,373 | 8,373 | 8,373 | |
| WORKERS COMPENSATION | 1,367 | 1,367 | 1,367 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| RENT FROM RESIDENTS | 215,126 | 215,126 | |
| MISCELLAOUES/REFUNDS | 3,194 | 3,194 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN ON INVESTMENT | 407,470 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| RESIDENT DEPOSITS | 8,650 | 8,235 |
| UNREALIZED LOSS ON INVESTMENTS | 17,418 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVISORY FEES | 23,772 | 23,772 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STATE CHARTIABLE TAX | ||||
| PROPERTY TAX | 205 | 205 | ||
| FEDERAL EXCISE TAX | 1,664 | 1,664 |