| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 1,047 | 0 | 0 | 1,047 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| LOAN FEES | 2019-08-15 | 1,502 | 1,502 | 1,502 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 664 666 2ND AVE | 2003-12-31 | 790,028 | 417,802 | SL | 39 | 20,257 | 0 | 0 | |
| CONCRETE AND MASONRY | 2005-11-09 | 33,365 | 15,987 | SL | 40 | 834 | 0 | 0 | |
| ARCHITECT FEES | 2005-02-01 | 3,363 | 1,674 | SL | 40 | 84 | 0 | 0 | |
| HAZARD HOUSE | 2005-10-12 | 6,130 | 2,949 | SL | 40 | 153 | 0 | 0 | |
| BUILDING ROOF AND HEATING UNITS | 2009-06-15 | 73,480 | 28,627 | SL | 40 | 1,837 | 0 | 0 | |
| MUSEUM LIGHTING | 2012-07-02 | 4,982 | 1,572 | SL | 39 | 128 | 0 | 0 | |
| GARAGE DOOR | 2014-04-03 | 1,950 | 526 | SL | 40 | 49 | 0 | 0 | |
| AIR CLIMATE CONTROL HVAC 2014 | 2014-06-12 | 26,617 | 7,040 | SL | 40 | 665 | 0 | 0 | |
| PARKING LOT | 2014-11-24 | 10,500 | 5,294 | SL | 20 | 525 | 0 | 0 | |
| FURNITURE | 2024-02-20 | 2,675 | 669 | M | 7 | 573 | 0 | 0 | |
| BUILDING ROOF AND HVAC | 2024-12-07 | 69,085 | 576 | SL | 15 | 4,606 | 0 | 0 | |
| SECURITY CAMERAS AND KEYLESS ENTRY | 2024-12-20 | 4,083 | 204 | M | 5 | 1,552 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND BUILDING AND EQUIP | 1,059,679 | 547,588 | 512,091 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 55 | 0 | 0 | 55 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BUILDING INSURANCE | 11,517 | 0 | 11,517 | 11,517 |
| BUILDING REP AND MAINT | 4,013 | 0 | 4,013 | 4,013 |
| DIRECTORS INSURANCE | 798 | 0 | 798 | 798 |
| DUES AND LICENSES | 1,719 | 0 | 1,719 | 1,719 |
| MARKETING AND ADVERTISING | 9,846 | 0 | 9,846 | 9,846 |
| MN HS GRANTS | 91,918 | 0 | 91,918 | 91,918 |
| OFFICE OPERATIONS | 1,605 | 0 | 4,820 | 4,820 |
| SALES TAX | 32 | 0 | 32 | 32 |
| TELEPHONE AND INTERNET | 3,186 | 0 | 3,186 | 3,186 |
| UTILITIES | 10,197 | 0 | 10,197 | 10,197 |
| MN ATTORNEY GENERAL | 25 | 0 | 25 | 25 |
| BANK FEES | 30 | 0 | 30 | 30 |
| PEST CONTROL AND ALARM | 2,178 | 0 | 2,178 | 2,178 |
| SECURITY EQUIPMENT | 270 | 0 | 270 | 270 |
| VEHICLE MAINTENANCE | 599 | 0 | 599 | 599 |
| MANAGEMENT SERVICES | 400 | 0 | 400 | 400 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| BIRTHDAY RIDES | 8,425 | 0 | 8,425 |
| GATE RECEIPTS | 8,017 | 0 | 8,017 |
| PRODUCT SALES | 1,637 | 0 | 1,637 |
| RENTAL RECEIPTS | 6,265 | 0 | 6,265 |
| MEMBERSHIP DUES - ASSESSMENTS | 3,065 | 0 | 3,065 |