| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEE | 33,100 | 0 | 0 | 32,238 |
| 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 | 2019-02-25 | 2,708 | 1,871 | SL | 14.28 % | 387 | |||
| FURNITURE AND FIXTURES | 2019-04-23 | 17,823 | 11,882 | SL | 14.28 % | 2,546 | |||
| TELEPHONE SYSTEM | 2019-02-26 | 3,664 | 1,770 | SL | 10.00 % | 366 | |||
| OFFICE EQUIPMENT | 2019-02-22 | 1,099 | 1,063 | SL | 10.00 % | 37 | |||
| COMPUTER EQUIPMENT | 2020-01-02 | 6,726 | 5,380 | SL | 20.00 % | 1,345 | |||
| COMPUTER EQUIPMENT | 2024-02-27 | 12,054 | SL | 10.00 % | 2,009 | ||||
| LEASED ASSET | 2024-07-14 | 12,027 | SL | 10.00 % | 1,203 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MUTUAL FUNDS - FIXED INCOME | FMV | 19,976,180 | 19,976,180 |
| MUTUAL FUNDS - EQUITY | FMV | 94,594,702 | 94,594,702 |
| MONEY MARKET FUNDS | FMV | 2,716,229 | 2,716,229 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 20,531 | 16,686 | 3,845 | 3,846 |
| Machinery and Equipment | 60,067 | 34,653 | 25,414 | 25,413 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSES | 29,005 | 30,650 | ||
| Rental Expenses | 31,832 | 31,832 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| LEASE LIABILITY | 7,111 | 10,935 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISORY FEES | 88,494 | 88,494 | 0 | 88,494 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF EXCISE TAXES | 189,559 | |||
| PAYROLL TAXES | 32,257 | 31,788 |