| Identifier | Return Reference | Explanation |
|---|---|---|
| ZERO TAX BASIS DONATED PROPERTY - 9594 MICKELBERRY RD. NW | FORM 990PF PART II, LINE 11 COLUMN B | WOODWORTH FAMILY FOUNDATION RECEIVED A DONATION FROM WOODWORTH CAPITAL INC ON 11/08/2018. THE PROPERTY WAS CONTRIBUTED WITH A ZERO TAX BASIS AND WAS APPRAISED AT $2,600,000. DEPRECIATION EXPENSE IS BEING TAKEN FROM THE APPRAISED VALUE OF THE BUILDING OF $1,853,800 FOR BOOK PURPOSES. |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT IN PASSTHROUGHS | AT COST | 4,446,826 | 4,446,826 |
| OTHER INVESTMENTS | AT COST | 18,960,198 | 18,960,198 |
| Description | Amount |
|---|---|
| FEDERAL INCOME TAX EXPENSE | 21,745 |
| ADJUSTMENT TO UNRESTRICTED NET ASSETS | 3,908,732 |
| PENALTIES | 460 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INFORMATION TECHNOLOGY | 650 | 0 | 0 | |
| COMPUTER & SOFTWARE | 2,043 | 0 | 0 | |
| BANK FEES | 485 | 0 | 0 | |
| OPERATIONS | 3,127 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| NET LTCG - CP BUSINESS FINANCE | -11 | -11 | -11 |
| 1231 GAIN - CP BUSINESS FINANCE | 15 | 15 | 15 |
| 1231 GAIN - WOODWORTH-BERG APTS | 4,504 | 4,504 | 4,504 |
| INTEREST INCOME - CP BUSINESS FINANCE | 22 | 22 | 22 |
| CP BUSINESS FINANCE I, LP | 143,239 | 143,239 | 143,239 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| FIT PAYABLE | 1,876 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 98,467 | 98,467 | 0 |
| Name | Address |
|---|---|
| JOHN A WOODWORTH |
3110 RUSTON WAY SUITE D TACOMA,WA98402 |
| JEFFREY A WOODWORTH |
3110 RUSTON WAY SUITE D TACOMA,WA98402 |
|
WOODWORTH CAPITAL INC |
3110 RUSTON WAY SUITE D TACOMA,WA98402 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 9,454 | 9,454 | 0 |