| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE AND FIXTURES | 2019-07-01 | 36,180 | 36,180 | 200DB | 7.0000 | ||||
| BUILDING | 2019-07-01 | 490,310 | 39.0000 | ||||||
| LAND | 2019-07-01 | 202,505 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| U.S. TSY NOTE | 2023-03 | PURCHASE | 2024-04 | 250,000 | 244,146 | 5,854 | ||||
| U.S. TSY NOTE | 2023-06 | PURCHASE | 2024-07 | 250,000 | 244,527 | 5,473 | ||||
| CHARLES SCHWAB-1739 | 2024-06 | DONATION | 2024-06 | 753,239 | 436,920 | 316,319 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MORGAN STANLEY ETF'S | 13,039,986 | 20,698,942 |
| MORGAN STANLEY ETF'S INCOME RECEIVAB |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDINGS | 526,490 | 36,180 | 490,310 | 526,490 |
| LAND | 202,505 | 202,505 | 202,505 |
| Description | Amount |
|---|---|
| ADJUSTMENT DUE TO INVESTMENTS | 951,954 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| BANK FEES | 74 | 7 | 67 | |
| INSURANCE | 3,675 | 368 | 3,308 | |
| UTILITIES | 1,976 | 198 | 1,778 | |
| HOA FEES | 6,600 | 660 | 5,940 | |
| BUILDING MAINTENANCE | 619 | 62 | 557 | |
| OFFICE SUPPLIES | 631 | 63 | 568 | |
| BOARD INSURANCE | 698 | 70 | 628 | |
| DUES AND SUBSCRIPTIONS | 4,160 | 416 | 3,744 | |
| MEALS | 351 | 35 | 316 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 65,010 | 6,501 | 58,509 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 7,875 | 787 | 7,087 | |
| FEDERAL TAXES |