| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 1,400 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING IMPROVEMENTS | 2020-04-30 | 1,888 | 524 | S/L | 15.0000 | 126 | |||
| BUILDING IMPROVEMENTS | 2021-07-31 | 2,316 | 450 | S/L | 15.0000 | 155 | |||
| BUILDING IMPROVEMENTS | 2022-02-28 | 2,436 | 379 | S/L | 15.0000 | 162 | |||
| BUILDING IMPROVEMENTS | 2020-05-31 | 3,972 | 1,081 | S/L | 15.0000 | 265 | |||
| BUILDING IMPROVEMENTS | 2020-06-30 | 3,990 | 1,064 | S/L | 15.0000 | 266 | |||
| BUILDING IMPROVEMENTS | 2021-09-30 | 6,072 | 1,113 | S/L | 15.0000 | 405 | |||
| ROOF | 2020-10-05 | 46,177 | 11,544 | S/L | 15.0000 | 3,079 | |||
| 316 OAKLAND AV ENUE | 2024-02-02 | 337,500 | 3,245 | S/L | 39.0000 | 8,654 | |||
| CEILING FAN | 2024-04-18 | 2,800 | 200DB | 5.0000 | 1,120 | ||||
| SIGN | 2024-04-26 | 620 | 200DB | 5.0000 | 248 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| INCOME FUND OF AMERICA | 2020-06 | PURCHASE | 2024-09 | 19,993 | 17,848 | 2,145 | ||||
| INCOME FUND OF AMERCIA | 2020-07 | PURCHASE | 2025-01 | 19,993 | 17,433 | 2,560 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ANTIQUE VEHICLES | AT COST | 1,110,014 | 1,110,014 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 95,100 | 33,880 | 61,220 | 95,100 | |
| 337,500 | 337,500 | 337,500 | ||
| 134,401 | 134,401 | 134,401 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| DUES & SUBSCRIPTIONS | 256 | |||
| INSURANCE | 8,393 | |||
| LICENSE & REGISTRATION | 357 | |||
| MAINTENANCE | 1,033 | |||
| REPAIRS & RESTORATIONS | 810 |