| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 4,360 | 0 | 0 | 4,360 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 585,957 | 0 | 585,957 | 594,960 |
| BUILDINGS | 113,933 | 94,566 | 19,367 | 212,839 |
| PERSONAL PROPERTY | 29,461 | 26,204 | 3,257 | 3,257 |
| Item No. | 1 |
|---|---|
| Lender's Name | ONE COMMUNITY BANK |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | |
| Balance Due | 666,185 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| MAHUNT MUSEUM - MOUNTS/VIDEO/PHOTO | 381,449 | 381,449 | 18,605 |
| MAHUNT MUSEUM - VIDEO/PHOTO | 374,486 | 374,486 | |
| NET INTANGIBLE ASSETS | 3,424 | 3,231 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 510 | 0 | 0 | 510 |
| INSURANCE | 2,776 | 0 | 0 | 2,776 |
| POSTAGE AND DELIVERY | 400 | 0 | 0 | 400 |
| UTILITIES | 818 | 0 | 0 | 818 |
| WEBSITE | 800 | 0 | 0 | 800 |
| REPAIRS | 1,694 | 0 | 0 | 1,694 |
| AMORTIZATION | 193 | 0 | 0 | 193 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL SERVICES | 4,105 | 0 | 0 | 4,105 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REAL ESTATE | 187 | 0 | 0 | 187 |