| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 11,650 | 1,250 | 10,400 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| FCC LICENSE 1570 AM | 1999-03-18 | 247,817 | 247,817 | 20.0000 | 247,817 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| RADIO STATION BUILDING | 1999-03-18 | 193,090 | 123,858 | S/L | 39.0000 | 4,827 | |||
| INTERIOR RENNOVATIONS | 2001-12-31 | 3,300 | 1,889 | S/L | 39.0000 | 82 | |||
| INTERIOR RENNOVATIONS | 2002-07-15 | 4,885 | 2,713 | S/L | 39.0000 | 123 | |||
| BATHROOM WINDOWS | 2003-02-01 | 1,200 | 652 | S/L | 39.0000 | 30 | |||
| DRIVEWAY PAVING | 2004-07-09 | 15,000 | 7,574 | S/L | 39.0000 | 375 | |||
| SIDING | 2007-04-27 | 1,700 | 741 | S/L | 39.0000 | 42 | |||
| WINDOWS | 2011-09-01 | 5,068 | 1,627 | S/L | 39.0000 | 127 | |||
| FURNACE | 2012-01-06 | 5,537 | 1,730 | S/L | 39.0000 | 138 | |||
| ROOF | 2012-01-30 | 11,483 | 3,342 | S/L | 39.0000 | 287 | |||
| 4 RADIO TOWERS | 1999-03-18 | 136,000 | 136,000 | S/L | 20.0000 | ||||
| SATTELITE DISH | 1999-03-18 | 1,500 | 1,500 | S/L | 10.0000 | ||||
| MAIN TRANSMITTER | 1999-03-18 | 34,000 | 34,000 | S/L | 6.0000 | ||||
| PHASING EQUIPMENT | 1999-03-18 | 30,000 | 30,000 | S/L | 6.0000 | ||||
| ANTENNA MONITOR | 1999-03-18 | 9,000 | 9,000 | S/L | 6.0000 | ||||
| RECEIVER & TRANSMITTER | 1999-03-18 | 5,000 | 5,000 | S/L | 6.0000 | ||||
| MODULATION MONITOR | 1999-03-18 | 2,000 | 2,000 | S/L | 6.0000 | ||||
| COMMAND RELAY UNIT | 1999-03-18 | 2,000 | 2,000 | S/L | 6.0000 | ||||
| DUMMY LOAD | 1999-03-18 | 3,500 | 3,500 | S/L | 6.0000 | ||||
| MISC TRANSMITTER ROOM EQUIP. | 1999-03-18 | 15,000 | 15,000 | S/L | 6.0000 | ||||
| 2 HEATER & AC UNITS | 1999-03-18 | 10,000 | 10,000 | S/L | 10.0000 | ||||
| SATTELITE RECEIVER D9850 | 2004-08-14 | 1,045 | 1,045 | S/L | 6.0000 | ||||
| BSW DUAL DIGITAL HYBRID | 2005-11-04 | 1,508 | 1,508 | S/L | 6.0000 | ||||
| 4 RADIO TOWERS | 2009-02-26 | 200,000 | 155,000 | S/L | 20.0000 | 10,000 | |||
| 4 TURNING UNITS | 2009-02-26 | 40,000 | 40,000 | S/L | 10.0000 | ||||
| PHASING EQUIPMENT | 2009-02-26 | 30,000 | 30,000 | S/L | 6.0000 | ||||
| DUMMY LOAD | 2009-02-26 | 3,500 | 3,500 | S/L | 6.0000 | ||||
| PESCHEL VOLTAGE REGULATOR | 2009-02-26 | 5,000 | 5,000 | S/L | 6.0000 | ||||
| MISC. TRANSMITTER EQUIPMENT | 2009-02-26 | 20,000 | 20,000 | S/L | 6.0000 | ||||
| FIELD STRENGTH METER | 2009-02-26 | 15,000 | 15,000 | S/L | 6.0000 | ||||
| OFFICE FURNITURE | 1999-03-18 | 19,152 | 19,152 | S/L | 10.0000 | ||||
| PRINTS | 1999-10-18 | 205 | 205 | S/L | 10.0000 | ||||
| OUTDOOR BENCH | 2001-06-14 | 211 | 211 | S/L | 10.0000 | ||||
| SPARE MODULE FOR TRANSMITTER (BROADCAST ELEC) | 2014-12-13 | 2,705 | 2,705 | S/L | 6.0000 | ||||
| 2 UNIVERSAL POWER SUPPLY + BATTERY | 2016-10-18 | 2,484 | 2,484 | S/L | 6.0000 | ||||
| WESTERN DIGITAL SERVER | 2016-10-31 | 1,378 | 1,378 | S/L | 6.0000 | ||||
| RACKMOUNT STEREO IP/POTS CODEC (9500-0400) | 2016-11-04 | 2,667 | 2,667 | S/L | 6.0000 | ||||
| PORTABLE CODEC WITH USB | 2016-11-04 | 3,370 | 3,370 | S/L | 6.0000 | ||||
| 5-CHANNEL STEREO MIXER | 2016-11-04 | 1,050 | 1,050 | S/L | 6.0000 | ||||
| BSI - SIMIAN RADIO COMPUTER & SOFTWARE | 2017-02-15 | 6,212 | 6,212 | S/L | 6.0000 | ||||
| HP PAVILION DESKTOP 510-P FOR COATESVILLE | 2017-02-16 | 630 | 630 | S/L | 6.0000 | ||||
| BSW WVRC 8 PLUS | 2017-05-15 | 1,136 | 1,136 | S/L | 6.0000 | ||||
| YAMAHA CHANNEL MIXER, 2 ASTON MIC'S, 2 MESH | 2017-06-30 | 1,497 | 1,497 | S/L | 6.0000 | ||||
| B&H 7 RYCOTE INVISION UNIVERSAL LITE MIC SHOC | 2017-06-30 | 553 | 553 | S/L | 6.0000 | ||||
| 5 ASTON MICS, 5 WINDPOP FILTER MASKS, 2 ART P | 2017-06-30 | 1,792 | 1,792 | S/L | 6.0000 | ||||
| DESKTOP & MONITOR - CONTROL ROOM | 2017-06-21 | 1,042 | 1,042 | S/L | 5.0000 | ||||
| HP ALL IN ONE - DALE/CAROLYN | 2017-06-30 | 585 | 585 | S/L | 5.0000 | ||||
| WIRELESS MIC & HEADSET FOR BARBARA | 2017-11-21 | 1,127 | 1,127 | S/L | 6.0000 | ||||
| 12 FADER CONSOLE | 2017-12-21 | 9,022 | 9,022 | S/L | 6.0000 | ||||
| 12 FADER CONSOLE | 2017-12-21 | 9,022 | 9,022 | S/L | 6.0000 | ||||
| CONSOLE BLADE (STUDIO) | 2017-12-21 | 2,987 | 2,987 | S/L | 6.0000 | ||||
| CONSOLE BLADE (SATTELITE) | 2017-12-21 | 2,987 | 2,987 | S/L | 6.0000 | ||||
| MICROPHONE PROCESSING BLADE (STUDIO) | 2017-12-21 | 3,484 | 3,484 | S/L | 6.0000 | ||||
| MICROPHONE PROCESSING BLADE (PRODUCTION ROOM) | 2017-12-21 | 3,484 | 3,484 | S/L | 6.0000 | ||||
| ANALOG/DIGITAL BLADE (ENGINEERING) | 2017-12-21 | 2,987 | 2,987 | S/L | 6.0000 | ||||
| 8 CHANNEL DRIVER SOFTWARE | 2017-12-21 | 894 | 894 | S/L | 6.0000 | ||||
| NAVIGATOR SYS. CONFIGURATION SOFTWARE | 2017-12-21 | 868 | 868 | S/L | 6.0000 | ||||
| AM MULTIBAND PROCESSOR | 2017-12-21 | 3,139 | 3,139 | S/L | 6.0000 | ||||
| ENDEC EAS ENCODER | 2017-12-21 | 2,349 | 2,349 | S/L | 6.0000 | ||||
| DELL XPS 8920 | 2017-12-21 | 1,149 | 1,149 | S/L | 6.0000 | ||||
| ACER T272HL MONITOR | 2017-12-21 | 980 | 980 | S/L | 6.0000 | ||||
| HP PAVILION DESKTOP & MONITOR | 2018-01-29 | 788 | 788 | S/L | 6.0000 | ||||
| WHEATNET BLADE (SN 1709-11698) | 2018-02-15 | 3,125 | 3,125 | S/L | 6.0000 | ||||
| AM MULTIBAND PROCESSOR (SN 1702-108635) | 2018-02-15 | 3,139 | 3,139 | S/L | 6.0000 | ||||
| 4 CHANNEL INTERNET RADIO MONITOR | 2018-02-15 | 571 | 571 | S/L | 6.0000 | ||||
| COMREX AUDIO OVER | 2018-02-15 | 3,022 | 3,022 | S/L | 6.0000 | ||||
| 2 TALENT STATION VERTICAL | 2018-03-06 | 1,249 | 1,249 | S/L | 6.0000 | ||||
| ACRYLIC DESKTOP TURRET FOR TALENT STATION | 2018-03-06 | 584 | 584 | S/L | 6.0000 | ||||
| HOME SECURITY KIT | 2018-03-26 | 988 | 988 | S/L | 5.0000 | ||||
| HEAT PUMP | 2018-06-30 | 9,085 | 1,514 | S/L | 39.0000 | 233 | |||
| APC SMX2200 POWER SUPPLY | 2019-04-17 | 1,872 | 1,716 | S/L | 6.0000 | 156 | |||
| APC SMX1500 POWER SUPPLY | 2019-04-17 | 1,314 | 1,205 | S/L | 6.0000 | 109 | |||
| APC 1500VA POWER SUPPLY | 2019-03-19 | 1,232 | 1,129 | S/L | 6.0000 | 103 | |||
| APC 2200VA POWER SUPPLY | 2019-03-19 | 1,113 | 1,020 | S/L | 6.0000 | 93 | |||
| BSW - COATESVILLE | 2019-10-01 | 659 | 494 | S/L | 6.0000 | 110 | |||
| BSW BLADE | 2020-02-26 | 3,223 | 2,417 | S/L | 6.0000 | 537 | |||
| TRACTOR | 2019-07-23 | 8,500 | 7,650 | S/L | 5.0000 | 850 | |||
| REPLACEMENT TRANSMITTER | 2021-04-30 | 32,558 | 18,992 | S/L | 6.0000 | 5,426 | |||
| OIL STORAGE TANKS | 2021-05-05 | 7,800 | 700 | S/L | 39.0000 | 200 | |||
| 5KW 3 PHASE TRANSMITTER | 2022-05-13 | 35,458 | 14,774 | S/L | 6.0000 | 5,910 | |||
| 1KW AM BACKUP TRANSMITTER | 2022-05-13 | 15,509 | 6,462 | S/L | 6.0000 | 2,585 | |||
| FURNANCE & AC UNIT | 2022-10-24 | 13,677 | 526 | S/L | 39.0000 | 351 | |||
| SPARE IP88CB CONSOLE BLADE | 2024-02-03 | 5,711 | 476 | S/L | 6.0000 | 952 | |||
| 2 TALENT STATION COUGH BUTTONS | 2024-04-05 | 1,763 | 147 | S/L | 6.0000 | 294 | |||
| REPLACEMENT ENTRY DOOR | 2024-11-23 | 5,262 | S/L | 39.0000 | 67 | ||||
| COUGH BUTTON FOR MICROPHONE | 2024-12-17 | 1,325 | S/L | 6.0000 | 110 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| NATIONAL RURAL UT | ||
| ORACLE CORP | 47,203 | 47,203 |
| INTEL CORP | 46,859 | 46,859 |
| QUALCOMM INC | 49,486 | 49,486 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALPHABET | 189,447 | 189,447 |
| AMAZON | 186,482 | 186,482 |
| AREMEN CORP | 134,456 | 134,456 |
| ADP | ||
| AMERICAN ELECTRIC POWER | 114,136 | 114,136 |
| AMGEN | 83,763 | 83,763 |
| BARRICK MINING | 114,510 | 114,510 |
| BECTON DICKINSON & CO | 68,900 | 68,900 |
| BP PLC | 89,790 | 89,790 |
| BRISTOL-MYERS SQUIBB | 92,580 | 92,580 |
| BROADCOM | 124,043 | 124,043 |
| CHARLES SCHWAB CORP. | ||
| CONAGRA BRANDS | ||
| DEVON ENERGY | 63,620 | 63,620 |
| DOMINION ENERGY | 67,824 | 67,824 |
| DOW | 26,480 | 26,480 |
| ELI LILLY | 97,441 | 97,441 |
| EMERSON ELECTRIC | 133,330 | 133,330 |
| ENBRIDGE | 135,960 | 135,960 |
| ENTERGY CORP | 149,616 | 149,616 |
| EQUIFAX | ||
| EVERGY | 117,181 | 117,181 |
| EVERSOURCE ENERGY | 104,973 | 104,973 |
| EXXON MOBIL | 80,850 | 80,850 |
| GENERAL DYNAMICS | 102,081 | 102,081 |
| GLAXOSMITHKLINE | ||
| HERSHEY CO | 82,975 | 82,975 |
| HUNTINGTON INGALLS INDUSTRIES | 120,730 | 120,730 |
| IBM | 206,346 | 206,346 |
| KLA | 120,925 | 120,925 |
| KRAFT HEINZ CO | 69,714 | 69,714 |
| LOCKHEED MARTIN | 92,628 | 92,628 |
| MERCK & CO. | 118,740 | 118,740 |
| META PLATFORMS | 221,427 | 221,427 |
| MICRO TECHNOLOGY | ||
| MICROSOFT CORP | 228,809 | 228,809 |
| NEWMONT CORP | 116,520 | 116,520 |
| NEXTERA ENERGY | 97,188 | 97,188 |
| NORTHROP GRUMMAN CO | 187,493 | 187,493 |
| NVIDIA CORP | 173,789 | 173,789 |
| PNC FINANCIAL SERVICES | ||
| PPL CORP | 101,670 | 101,670 |
| QUALCOMM | 71,667 | 71,667 |
| TAIWAN SEMICONDUCTOR | 135,894 | 135,894 |
| TEXTRON | 112,406 | 112,406 |
| THE CIGNA GROUP | 59,504 | 59,504 |
| UNION PACIFIC | 69,024 | 69,024 |
| COCA-COLA CO | ||
| TYSON FOODS | ||
| VISA | ||
| AT&T | 71,925 | 71,925 |
| ABBOT LABS | 230,962 | 230,962 |
| ABBVIE | 315,554 | 315,554 |
| APPLE | 1,005,333 | 1,005,333 |
| CHEVRON | 114,552 | 114,552 |
| CONSTELLATION | 193,656 | 193,656 |
| EXELON CORP | 78,156 | 78,156 |
| FLOWERS FOODS | 72,045 | 72,045 |
| GENERAL MILLS | 113,982 | 113,982 |
| JOHNSON & JOHNSON | 229,125 | 229,125 |
| LAMB WESTON | 51,850 | 51,850 |
| MCDONALDS | 497,233 | 497,233 |
| MONDELEZ | 168,600 | 168,600 |
| PEPSICO | 158,448 | 158,448 |
| RTX | 511,187 | 511,187 |
| WALMART | 410,340 | 410,340 |
| WARNER BROTHERS | 6,812 | 6,812 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FIXED ASSETS | 1,055,987 | 861,129 | 194,858 | 1,055,987 |
| LAND | 243,750 | 243,750 | 243,750 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| FCC BROADCAST LICENSES | 77,625 | 60,375 | 592,817 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| CREDIT CARD FEES | 1,258 | 1,258 | ||
| DUES & SUBSCRIPTIONS | 186 | 186 | ||
| ENGINEERING | 11,740 | 11,740 | ||
| INSURANCE | 8,769 | 8,769 | ||
| INTERNET | 9,165 | 9,165 | ||
| LICENSES & PERMITS | 2,838 | 2,838 | ||
| MAINTENANCE & REPAIRS | 5,500 | 5,500 | ||
| MISCELLANEOUS | 2,496 | 2,496 | ||
| OFFICE SUPPLIES | 898 | 898 | ||
| PAYROLL SERVICE FEES | 1,219 | 1,219 | ||
| POSTAGE | 1,253 | 1,253 | ||
| PRINTING & REPRODUCTION | 375 | 375 | ||
| TELEPHONE | 657 | 657 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MISCELLANEOUS INCOME | 774 | 774 |
| Description | Amount |
|---|---|
| UNREALIZED GAINS ON INVESTMENTS | 840,246 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 6,550 |