| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FARM BOOKKEEPING | 3,769 | 0 | 0 | 3,769 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| KUBOTA ZERO TURN | 2024-02-29 | 26,282 | 2,628 | SL | 5.000000000000 | 1,752 | 0 | 1,752 | |
| JD GATOR | 2024-04-11 | 27,718 | 2,310 | SL | 5.000000000000 | 1,848 | 0 | 1,848 | |
| WOODS BRUSH HOG ROTARY MOWER | 2024-03-08 | 23,517 | 1,680 | SL | 7.000000000000 | 1,120 | 0 | 1,120 | |
| ADAMS POWER EQUIPMENT | 2024-11-27 | 5,501 | SL | 5.000000000000 | 92 | 0 | 92 | ||
| SLR ENGINEERING - BRIDGE INSTALLATION | 27,824 | SL | 15.000000000000 | 0 | 0 | 0 | |||
| ACROW - BRIDGE INSTALLATION | 18,280 | SL | 15.000000000000 | 0 | 0 | 0 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990-PF, PART VIII-A, LINE 1 | THE FOUNDATION IS DEVELOPING A VARIETY OF PROGRAMS FOR THE BENEFIT OF THE COMMUNITY, INCLUDING OFFERING TOURS OF THE FARM TO THE COMMUNITY, PROMOTING SUSTAINABLE AGRICULTURAL EDUCATION, EXPOSING COMMUNITY RESIDENTS TO AGRICULTURAL CAREER OPPORTUNITIES, PROVIDING BEGINNING FARMERS WITH ACCESS TO LAND TO GAIN EXPERIENCE DEVELOPING AN AGRICULTURAL OPERATION, DISPLAYING PAINTINGS AND SCULPTURES TO THE PUBLIC, AND FOSTERING COMMUNITY ENGAGEMENT AND EDUCATION. |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| KUBOTA ZERO TURN | 26,282 | 4,380 | 21,902 | |
| JD GATOR | 27,718 | 4,158 | 23,560 | |
| WOODS BRUSH HOG ROTARY MOWER | 23,517 | 2,800 | 20,717 | |
| ADAMS POWER EQUIPMENT | 5,501 | 92 | 5,409 | |
| SLR ENGINEERING - BRIDGE INSTALLATION | 27,824 | 0 | 27,824 | |
| ACROW - BRIDGE INSTALLATION | 18,280 | 0 | 18,280 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ARTWORK HELD FOR CHARITABLE USE | 405,000 | 405,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 285 | 0 | 0 | 285 |
| DUES & SUBSCRIPTIONS | 986 | 0 | 0 | 986 |
| EQUIPMENT | 3,956 | 0 | 3,956 | 0 |
| FARM EXPENSES | 10,954 | 0 | 10,954 | 0 |
| FUEL | 2,215 | 0 | 724 | 1,491 |
| INSURANCE | 14,052 | 0 | 0 | 14,052 |
| LANDSCAPING | 19,457 | 0 | 0 | 19,457 |
| MARKETING | 697 | 0 | 0 | 697 |
| OFFICE EXPENSES | 1,795 | 0 | 0 | 1,795 |
| REPAIRS & MAINTENANCE | 67,303 | 0 | 13,870 | 53,433 |
| UTILITIES | 8,459 | 0 | 0 | 8,459 |
| WEBSITE/SOFTWARE | 1,506 | 0 | 0 | 1,506 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MAITRI FARM, LLC INCOME | 36,581 | 36,581 |
| Description | Amount |
|---|---|
| TO CAPITALIZE FIXED ASSET PURCHASED IN PRIOR YEAR | 12,400 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FARM CONTRACTORS | 2,265 | 0 | 2,265 | 0 |
| Name | Address |
|---|---|
| CHARLOTTE FENG FORD |
231 WEST 28TH STREET BOX 31434 SEA ISLAND,GA31561 |