| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING SERVICES | 500 | 0 | 0 | 500 |
| TAX PREPARATION SERVICES | 1,390 | 0 | 0 | 1,390 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| ORIGINAL BUILDING | 1937-01-01 | 50,000 | 43,640 | SL | 99.000000000000 | 505 | 0 | 505 | |
| LAND | 1937-01-01 | 500 | L | 0 | 0 | 0 | |||
| ORIGINAL PARKING LOT | 1997-01-01 | 15,532 | 15,532 | SL | 20.000000000000 | 0 | 0 | 0 | |
| EASEMENT | 1981-12-19 | 25,000 | L | 0 | 0 | 0 | |||
| BUILDING ADDITION 1/1/76 | 1976-01-01 | 89,514 | 89,514 | SL | 20.000000000000 | 0 | 0 | 0 | |
| FULLY DEPRECIATED ASSETS | 1995-10-31 | 70,395 | 70,395 | SL | 20.000000000000 | 0 | 0 | 0 | |
| WATER FILTER SYSTEM | 1996-01-01 | 1,200 | 1,200 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| PARKING LOT ADDITION | 1996-01-01 | 3,461 | 3,461 | 150DB | 20.000000000000 | 0 | 0 | 0 | |
| RESTROOM UPGRADE | 1984-01-01 | 5,159 | 5,159 | 150DB | 15.000000000000 | 0 | 0 | 0 | |
| PARKING LOT ADDITION | 1985-01-01 | 3,300 | 3,300 | SL | 19.000000000000 | 0 | 0 | 0 | |
| INSULATION, WINDOWS | 1979-01-01 | 2,260 | 2,260 | SL | 20.000000000000 | 0 | 0 | 0 | |
| OIL TANK (1/3) | 1997-09-13 | 513 | 513 | 150DB | 15.000000000000 | 0 | 0 | 0 | |
| OIL TANK (2/3) | 1997-11-01 | 1,026 | 1,026 | 150DB | 15.000000000000 | 0 | 0 | 0 | |
| FRONT ENTRANCE ADDITION | 1998-04-10 | 1,727 | 1,727 | 150DB | 20.000000000000 | 0 | 0 | 0 | |
| STAIR CHAIR | 2002-03-14 | 10,780 | 10,780 | 150DB | 15.000000000000 | 0 | 0 | 0 | |
| HANDICAP BATHROOM | 2007-04-15 | 16,000 | 14,216 | 150DB | 20.000000000000 | 714 | 0 | 800 | |
| HANDICAP RAMP AT FRONT ENTRANCE | 2022-08-15 | 28,800 | 4,080 | SL | 15.000000000000 | 1,920 | 0 | 1,920 | |
| RESTORE WINDOWS, SOUTH END OF BUILDING | 2022-10-15 | 10,900 | 1,545 | SL | 15.000000000000 | 727 | 0 | 727 | |
| WINDOW WORK, FRONT OF BUILDING | 2023-01-05 | 18,450 | 2,306 | SL | 15.000000000000 | 1,230 | 0 | 1,230 | |
| AIR CONDITIONING SYSTEM, INSTALLED | 2023-09-01 | 108,264 | 8,120 | SL | 15.000000000000 | 7,218 | 0 | 7,218 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENTS | AT COST | 1,433,244 | 1,583,595 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| ORIGINAL BUILDING | 50,000 | 44,145 | 5,855 | |
| LAND | 500 | 0 | 500 | |
| ORIGINAL PARKING LOT | 15,532 | 15,532 | 0 | |
| EASEMENT | 25,000 | 0 | 25,000 | |
| BUILDING ADDITION 1/1/76 | 89,514 | 89,514 | 0 | |
| FULLY DEPRECIATED ASSETS | 70,395 | 70,395 | 0 | |
| WATER FILTER SYSTEM | 1,200 | 1,200 | 0 | |
| PARKING LOT ADDITION | 3,461 | 3,461 | 0 | |
| RESTROOM UPGRADE | 5,159 | 5,159 | 0 | |
| PARKING LOT ADDITION | 3,300 | 3,300 | 0 | |
| INSULATION, WINDOWS | 2,260 | 2,260 | 0 | |
| OIL TANK (1/3) | 513 | 513 | 0 | |
| OIL TANK (2/3) | 1,026 | 1,026 | 0 | |
| FRONT ENTRANCE ADDITION | 1,727 | 1,727 | 0 | |
| STAIR CHAIR | 10,780 | 10,780 | 0 | |
| HANDICAP BATHROOM | 16,000 | 14,930 | 1,070 | |
| HANDICAP RAMP AT FRONT ENTRANCE | 28,800 | 6,000 | 22,800 | |
| RESTORE WINDOWS, SOUTH END OF BUILDING | 10,900 | 2,272 | 8,628 | |
| WINDOW WORK, FRONT OF BUILDING | 18,450 | 3,536 | 14,914 | |
| AIR CONDITIONING SYSTEM, INSTALLED | 108,264 | 15,338 | 92,926 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE & COMPUTER EXPENSES | 930 | 0 | 0 | 930 |
| COMMUNICATIONS | 2,539 | 0 | 0 | 2,539 |
| INSURANCE | 11,920 | 0 | 0 | 11,920 |
| INVESTMENT ADVISORY FEES | 6,099 | 6,099 | 0 | 0 |
| POSTAGE AND MAILING | 600 | 0 | 0 | 600 |
| PROGRAMS FOR THE PUBLIC | 21,731 | 0 | 0 | 21,731 |
| REPAIRS AND MAINTENANCE | 12,162 | 0 | 0 | 12,162 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 2,378 | 0 | 0 | 2,378 |