| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting & Tax Preparation | 4,076 | 800 | 0 | 3,276 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Wallace Lake Land | 2019-12-31 | 207,969 | 0 | NDA | 0 | 0 | 0 | ||
| Building Improvements | 2001-07-01 | 20,559 | 13,822 | SL | 39 | 527 | 0 | 0 | |
| Building Improvements | 2002-03-01 | 6,168 | 3,443 | SL | 39 | 158 | 0 | 0 | |
| Buildings | 2005-06-06 | 7,770 | 3,690 | SL | 39 | 199 | 0 | 0 | |
| Building Improvements | 2005-01-24 | 923 | 455 | SL | 39 | 24 | 0 | 0 | |
| Building Improvements | 2006-12-15 | 8,494 | 3,705 | SL | 39 | 218 | 0 | 0 | |
| Out Back Barn | 2007-12-06 | 2,179 | 2,109 | M | 7.0 | 0 | 0 | 0 | |
| Building Improvements | 2007-03-26 | 20,038 | 8,631 | SL | 39 | 514 | 0 | 0 | |
| Building Improvements | 2009-03-05 | 3,351 | 1,272 | SL | 39 | 86 | 0 | 0 | |
| Building Improvements | 2010-10-15 | 12,012 | 4,068 | SL | 39 | 308 | 0 | 0 | |
| Building Improvements | 2010-01-01 | 11,421 | 4,090 | SL | 39 | 293 | 0 | 0 | |
| Building Improvements | 2011-03-28 | 8,627 | 2,827 | SL | 39 | 221 | 0 | 0 | |
| Metal Shop Building | 2014-11-06 | 41,323 | 9,717 | SL | 39 | 1,060 | 0 | 0 | |
| Furniture & Fixtures | 2001-12-31 | 337 | 337 | M | 7.0 | 0 | 0 | 0 | |
| Furniture & Fixtures | 2002-03-13 | 1,311 | 1,311 | M | 7 | 0 | 0 | 0 | |
| Furniture & Fixtures | 2003-03-31 | 1,384 | 1,384 | M | 7 | 0 | 0 | 0 | |
| Furniture & Fixtures | 2005-02-02 | 1,238 | 1,238 | M | 7 | 0 | 0 | 0 | |
| Satellite System | 2007-03-26 | 550 | 550 | M | 7 | 0 | 0 | 0 | |
| Furniture & Fixtures | 2009-03-12 | 826 | 826 | M | 7 | 0 | 0 | 0 | |
| Other Depreciable Property | 2001-06-01 | 1,826 | 1,826 | M | 7 | 0 | 0 | 0 | |
| Other Depreciable Property | 2004-09-15 | 1,259 | 1,259 | M | 7 | 0 | 0 | 0 | |
| Other Depreciable Property | 2005-02-26 | 2,100 | 2,100 | M | 7 | 0 | 0 | 0 | |
| Other Depreciable Property | 2006-09-26 | 4,480 | 4,480 | M | 7 | 0 | 0 | 0 | |
| Land Vehicle | 2010-03-16 | 6,213 | 6,213 | M | 7 | 0 | 0 | 0 | |
| WLBS Land Improvements - Surveys | 2018-11-14 | 28,725 | 0 | NDA | 0 | 0 | 0 | ||
| WLBS - Storage Building | 2018-08-01 | 3,167 | 1,717 | SL | 10 | 317 | 0 | 0 | |
| Land Improvements | 2020-01-27 | 8,381 | 2,577 | M | 15 | 581 | 0 | 0 | |
| Land Improvements | 2020-03-26 | 7,547 | 2,320 | M | 15 | 523 | 0 | 0 | |
| Land Improvements | 2020-07-24 | 3,390 | 1,043 | M | 15 | 235 | 0 | 0 | |
| Land Improvements | 2020-08-05 | 10,938 | 3,363 | M | 15 | 758 | 0 | 0 | |
| Building Electrical | 2022-10-31 | 12,200 | 378 | SL | 39 | 313 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture & Fixtures | 337 | 337 | 0 | 0 |
| Other Depreciable Property | 2,100 | 2,100 | 0 | 0 |
| Building Improvements | 11,421 | 4,383 | 7,038 | 7,038 |
| Building Electrical | 12,200 | 691 | 11,509 | 11,509 |
| Other Depreciable Property | 1,826 | 1,826 | 0 | 0 |
| Building Improvements | 8,494 | 3,923 | 4,571 | 4,571 |
| Building Improvements | 8,627 | 3,048 | 5,579 | 5,579 |
| Building Improvements | 20,559 | 14,349 | 6,210 | 6,210 |
| Other Depreciable Property | 4,480 | 4,480 | 0 | 0 |
| Metal Shop Building | 41,323 | 10,777 | 30,546 | 30,546 |
| Building Improvements | 6,168 | 3,601 | 2,567 | 2,567 |
| Out Back Barn | 2,179 | 2,109 | 70 | 70 |
| WLBS Land Improvements - Surveys | 28,725 | 0 | 28,725 | 28,725 |
| Furniture & Fixtures | 1,311 | 1,311 | 0 | 0 |
| Building Improvements | 20,038 | 9,145 | 10,893 | 10,893 |
| WLBS Storage Building | 3,167 | 2,034 | 1,133 | 1,133 |
| Furniture & Fixtures | 1,384 | 1,384 | 0 | 0 |
| Satellite System | 550 | 550 | 0 | 0 |
| Wallace Lake Land | 207,969 | 0 | 207,969 | 207,969 |
| Other Depreciable Property | 1,259 | 1,259 | 0 | 0 |
| Building Improvements | 3,351 | 1,358 | 1,993 | 1,993 |
| Land Improvements | 8,381 | 3,158 | 5,223 | 5,223 |
| Buildings | 7,770 | 3,889 | 3,881 | 3,881 |
| Furniture & Fixtures | 826 | 826 | 0 | 0 |
| Land Improvements | 7,547 | 2,843 | 4,704 | 4,704 |
| Building Improvements | 923 | 479 | 444 | 444 |
| Building Improvements | 12,012 | 4,376 | 7,636 | 7,636 |
| Land Improvements | 3,390 | 1,278 | 2,112 | 2,112 |
| Furniture & Fixtures | 1,238 | 1,238 | 0 | 0 |
| Land Vehicle | 6,213 | 6,213 | 0 | 0 |
| Land Improvements | 10,938 | 4,121 | 6,817 | 6,817 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| 1224 Hacker Rec recd Jan 25 | 0 | 130,000 | 130,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Insurance | 7,198 | 0 | 0 | 7,198 |
| Office Expense & Supplies | 1,297 | 11 | 0 | 1,286 |
| Credit Card Processing Fee | 121 | 0 | 0 | 121 |
| Dues | 0 | 0 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Payroll Taxes | 1,057 | 1,057 |
| Name | Address |
|---|---|
|
Richard & Betty Speairs Char Found |
One University Place Shreveport,LA71115 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Property Tax | 261 | 0 | 0 | 261 |
| Payroll Taxes | 1,221 | 0 | 0 | 1,221 |