| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 4,500 | 0 | 0 | 0 |
| PAYROLL PROCESSING | 3,640 | 0 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| CLOSING COSTS | 2013-01-25 | 10,752 | 7,827 | 180.000000000000 | 717 | 0 | 0 | 8,544 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| CATSLAIR PROPERTY | 2012-12-21 | 22,500 | 6,347 | SL | 39.000000000000 | 577 | 0 | 0 | |
| CATSLAIR PROPERTY | 2013-01-25 | 424,700 | 118,882 | SL | 39.000000000000 | 10,890 | 0 | 0 | |
| BUILDING IMPRVMTS | 2013-07-01 | 55,488 | 14,941 | SL | 39.000000000000 | 1,423 | 0 | 0 | |
| FURNITURE | 2013-07-01 | 6,093 | 6,090 | SL | 7.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 2014-04-21 | 13,000 | 13,000 | SL | 5.000000000000 | 0 | 0 | 0 | |
| FURNACE | 2015-12-31 | 5,400 | 1,104 | SL | 39.000000000000 | 138 | 0 | 0 | |
| BUILDING IMPRVMTS | 2016-12-31 | 6,967 | 1,782 | SL | 27.500000000000 | 253 | 0 | 0 | |
| FURNITURE | 2016-12-31 | 2,250 | 2,250 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| DRIVEWAY PAVING | 2017-10-27 | 15,820 | 4,878 | SL | 20.000000000000 | 791 | 0 | 0 | |
| EQUIPMENT | 2017-12-31 | 2,299 | 2,299 | SL | 5.000000000000 | 0 | 0 | 0 | |
| VEHICLE | 2018-08-09 | 15,609 | 15,609 | SL | 5.000000000000 | 0 | 0 | 0 | |
| PLOW TRUCK | 2018-10-10 | 19,400 | 19,400 | SL | 5.000000000000 | 0 | 0 | 0 | |
| BUILDING IMPROV | 2018-10-01 | 4,950 | 667 | SL | 39.000000000000 | 127 | 0 | 0 | |
| EQUIPMENT | 2019-06-30 | 5,341 | 4,806 | SL | 5.000000000000 | 535 | 0 | 0 | |
| BUILDING IMPROV | 2022-07-01 | 8,141 | 444 | SL | 27.500000000000 | 296 | 0 | 296 | |
| FURNITURE | 2022-07-01 | 235 | 51 | SL | 7.000000000000 | 34 | 0 | 34 | |
| VEHICLE | 2023-08-02 | 29,587 | 2,466 | SL | 5.000000000000 | 3,452 | 0 | 3,452 | |
| VEHICLE | 2024-12-31 | 32,193 | SL | 5.000000000000 | 0 | 0 | 0 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| SALE OF VAN | PURCHASED | 44,500 | COST | 0 | 20,831 | 5,918 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MORGAN STANLEY - STOCKS | AT COST | 5,880,159 | 5,953,196 |
| MORGAN STANLEY - ETFS | AT COST | 857,846 | 935,104 |
| MORGAN STANLEY - FIXED INCOME | AT COST | 274,236 | 270,081 |
| MORGAN STANLEY - MUTUAL FUNDS | AT COST | 712,751 | 851,411 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| CATSLAIR PROPERTY | 22,500 | 6,924 | 15,576 | |
| CATSLAIR PROPERTY | 424,700 | 129,772 | 294,928 | |
| BUILDING IMPRVMTS | 55,488 | 16,364 | 39,124 | |
| FURNITURE | 6,093 | 6,090 | 3 | |
| EQUIPMENT | 13,000 | 13,000 | 0 | |
| FURNACE | 5,400 | 1,242 | 4,158 | |
| BUILDING IMPRVMTS | 6,967 | 2,035 | 4,932 | |
| FURNITURE | 2,250 | 2,250 | 0 | |
| DRIVEWAY PAVING | 15,820 | 5,669 | 10,151 | |
| EQUIPMENT | 2,299 | 2,299 | 0 | |
| VEHICLE | 15,609 | 15,609 | 0 | |
| PLOW TRUCK | 19,400 | 19,400 | 0 | |
| BUILDING IMPROV | 4,950 | 794 | 4,156 | |
| EQUIPMENT | 5,341 | 5,341 | 0 | |
| CLOSING COSTS | 10,752 | 8,544 | 2,208 | |
| BUILDING IMPROV | 8,141 | 740 | 7,401 | |
| FURNITURE | 235 | 85 | 150 | |
| VEHICLE | 32,193 | 0 | 32,193 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL EXPENSES | 20,895 | 0 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OTHER CURRENT | 27,956 | 404 | 404 |
| Description | Amount |
|---|---|
| UNREALIZED HOLDING GAIN | 284,798 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX PAID | 3,815 | 3,815 | 0 | 0 |
| ADVISOR FEES | 53,914 | 53,914 | 0 | 0 |
| UTILITIES | 33,868 | 0 | 0 | 0 |
| PROGRAM EXPENSES | 17,973 | 0 | 0 | 0 |
| INSURANCE | 34,578 | 0 | 0 | 0 |
| REPAIRS AND MAINTENANCE | 73,824 | 0 | 0 | 0 |
| SUPPLIES | 2,161 | 0 | 0 | 0 |
| OFFICE | 22,544 | 0 | 0 | 0 |
| MEMORIAL | 30,967 | 0 | 0 | 0 |
| NET LOSS, PTP K-1S | 15,383 | 0 | 0 | 0 |
| AMORTIZATION | 717 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| NONDIVIDEND DISTRIBUTIONSQ | 8,006 | 8,006 | 8,006 |
| UNREALIZED GAIN | 1,957 | 1,957 | 1,957 |
| Name | Address |
|---|---|
| PURCELL PALMER |
4 ROUTE 385 CATSKILL,NY12414 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 24,740 | 0 | 0 | 0 |
| EXCISE TAX | 121 | 0 | 0 | 0 |