| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING AND AUDIT | 8,695 | 435 | 8,260 | |
| PAYROLL PROCESSING | 1,171 | 58 | 1,113 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 2,202 | 752 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EXCHANGE TRADED FUNDS | 2,073,041 | 2,073,041 |
| MUTUAL FUNDS |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 2,257 | 1,003 | 1,254 | 1,254 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 2,042 | 102 | 1,940 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| RIGHT TO USE |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| TELEPHONE | ||||
| SUPPLIES | 1,790 | 89 | 1,701 | |
| REPAIRS AND MAINTENANCE | 470 | 23 | 487 | |
| POSTAGE | 1,891 | 95 | 1,796 | |
| OTHER EXPENSE | 1,000 | 50 | 950 | |
| IT AND WEBSITE | 4,410 | 220 | 4,190 | |
| INSURANCE | 2,188 | 330 | 1,858 | |
| EXCISE TAX | 496 | |||
| DUES AND MEMBERSHIPS | 270 | 13 | 257 | |
| BANK CHARGES | 584 | 29 | 555 | |
| ADVERTISING AND PROMOTION | 995 | 50 | 945 | |
| PROGRAM EXPENSES | 1,522 | 1,522 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN | 75,153 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| OFFICE LEASE OBLIGATION |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MANAGEMENT FEES | 14,984 | 14,984 |