| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 12,581 | 3,145 | 0 | 9,436 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE FURNITURE | 2016-01-31 | 5,820 | 5,820 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| OFFICE COMPUTER/PRINTER | 2016-01-31 | 2,594 | 2,594 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| OFFICE FURNITURE | 2017-12-15 | 1,069 | 200DB | 7.000000000000 | 0 | 0 | 0 | ||
| OFFICE PRINTER | 2018-09-13 | 279 | 200DB | 5.000000000000 | 0 | 0 | 0 | ||
| KITCHEN APPLIANCES | 2019-04-01 | 8,638 | 8,638 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTER EQUIPMENT-OFFICE | 2019-07-31 | 6,299 | 6,299 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| TELEVISION/PHONE | 2019-07-31 | 1,111 | 1,111 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| FURNITURE | 2019-09-30 | 2,835 | 2,455 | 200DB | 7.000000000000 | 253 | 380 | 0 | |
| STAFF PHONE | 2020-07-07 | 627 | 200DB | 5.000000000000 | 0 | 0 | 63 | ||
| APPLE COMPUTERS | 2023-02-28 | 7,517 | 782 | 200DB | 5.000000000000 | 288 | 0 | 1,503 | |
| COMPUTER & PRINTER - 2025 | 2025-07-01 | 4,327 | 200DB | 5.000000000000 | 4,327 | 0 | 433 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| SECURITIES | 12,471,430 | 69,639,091 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| DIVIDEND RECEIVABLE | AT COST | 47,934 | 47,934 |
| WOLVERINE FLAGSHIP FUND LIMITED | AT COST | 75,000,000 | 82,916,745 |
| DUE FROM SUSAN | AT COST | 1,000 | 1,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| ORGANIZATIONAL COSTS | 4,122 | 4,122 | 0 | |
| OFFICE FURNITURE | 5,820 | 5,820 | 0 | |
| OFFICE COMPUTER/PRINTER | 2,594 | 2,594 | 0 | |
| OFFICE FURNITURE | 1,069 | 1,069 | 0 | |
| OFFICE PRINTER | 279 | 279 | 0 | |
| KITCHEN APPLIANCES | 8,638 | 8,638 | 0 | |
| COMPUTER EQUIPMENT-OFFICE | 6,299 | 6,299 | 0 | |
| TELEVISION/PHONE | 1,111 | 1,111 | 0 | |
| FURNITURE | 2,835 | 2,708 | 127 | |
| STAFF PHONE | 627 | 627 | 0 | |
| APPLE COMPUTERS | 7,517 | 7,084 | 433 | |
| COMPUTER & PRINTER - 2025 | 4,327 | 4,327 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE WEBSITE SERVICES | 1,671 | 0 | 0 | 1,671 |
| OFFICE SUBSCRIPTION FEES | 149 | 0 | 0 | 149 |
| OFFICE SUPPLIES | 1,146 | 0 | 0 | 1,146 |
| SPONSORED SEMINARS-SPEAKER/CONSULTANT FEES | 53,800 | 0 | 0 | 53,800 |
| SPONSORED SEMINARS-SUPPLIES/BOOKS | 10,272 | 0 | 0 | 10,272 |
| SPONSORED SEMINARS-MEALS | 30,253 | 0 | 0 | 30,253 |
| SPONSORED SEMINARS-SITE RENTALS | 16,800 | 0 | 0 | 16,800 |
| TELECOMMUNICATIONS/INTERNET | 100 | 0 | 0 | 100 |
| NON-SPONSORED-SEMINAR REGISTRATIONS | 2,699 | 0 | 0 | 2,699 |
| CONSULTING: GENERAL | 3,023 | 0 | 0 | 3,023 |
| EMPLOYEE HEALTH INSURANCE/MED REIMBURSEMENTS | 81,718 | 0 | 0 | 81,718 |
| SPONSORED-SEMINAR TRAVEL/LODGING | 3,613 | 0 | 0 | 3,613 |
| PLANNING SESSIONS/TEACHERS MEALS | 7,350 | 0 | 0 | 7,350 |
| OFFICE POSTAGE | 55 | 0 | 0 | 55 |
| PROFESSIONAL MEMBERSHIP FEES | 79 | 0 | 0 | 79 |
| SPONSORED SEMINARS - INSURANCE | 1,401 | 0 | 0 | 1,401 |
| OFFICE STORAGE FEES | 1,200 | 0 | 0 | 1,200 |
| BUSINESS INSURANCE | 810 | 0 | 0 | 810 |
| BACKGROUND CHECK FEES | 125 | 0 | 0 | 125 |
| NON-SPONSORED-TRAVEL/LODGING/MEALS | 4,791 | 0 | 0 | 4,791 |
| SPONSORED SEMINARS - POSTAGE | 36 | 0 | 0 | 36 |
| OFFICE SOFTWARE FEES | 546 | 0 | 0 | 546 |
| OFFICE RECRUITING FEES | 466 | 0 | 0 | 466 |
| OFFICE CONTINUING EDUCATION FEES | 1,190 | 0 | 0 | 1,190 |
| OFFICE BANK FEES | 56 | 0 | 0 | 56 |
| CHARITABLE EVENT FEES | 1,960 | 0 | 0 | 1,960 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 401K ADMINISTRATION EXPENSE | 731 | 0 | 0 | 731 |
| PAYROLL PROCESSING FEES | 2,081 | 0 | 0 | 2,081 |
| Name | Address |
|---|---|
| CHRISTOPHER L GUST |
1871 N BURLING ST CHICAGO,IL60614 |
| M SUSAN GUST |
1871 N BURLING ST CHICAGO,IL60614 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 52,447 | 0 | 0 | 52,447 |
| FEDERAL ESTIMATED TAXES PAID - 2025 | 27,056 | 0 | 0 | 0 |