| 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 | 1983-06-01 | 145,000 | 145,000 | S/L | 40.0000 | ||||
| SIDING | 2005-06-05 | 9,651 | 9,651 | 150DB | 15.0000 | ||||
| FURNACE | 2005-06-01 | 2,354 | 2,354 | 200DB | 10.0000 | ||||
| FURNITURE | 2006-06-01 | 1,617 | 1,617 | 200DB | 10.0000 | ||||
| FURNITURE & EQUIPMENT | 2000-07-01 | 31,766 | 31,766 | 200DB | 7.0000 | ||||
| SIDEWALK | 2011-07-01 | 2,093 | 2,093 | 150DB | 15.0000 | ||||
| PARKING LOT BLACKTOP | 2015-06-30 | 9,915 | 8,305 | 150DB | 15.0000 | 293 | 293 | 293 | |
| REFRIGERATOR (UPSTAIRS) | 2015-06-30 | 1,038 | 1,038 | 200DB | 7.0000 | ||||
| STOVE (DOWNSTAIRS) | 2015-06-30 | 434 | 434 | 200DB | 7.0000 | ||||
| SECURITY SYSTEM | 2017-08-23 | 2,842 | 2,842 | 200DB | 5.0000 | ||||
| RESTROOM UPGRADE | 2015-06-30 | 9,880 | 8,276 | 150DB | 15.0000 | 291 | 291 | 291 | |
| HANDICAP DOOR | 2018-07-16 | 5,079 | 5,079 | 150DB | 15.0000 | ||||
| HANDICAP DOORS | 2019-07-16 | 5,555 | 5,555 | 150DB | 15.0000 | ||||
| HANDICAP DOORS | 2020-07-16 | 1,800 | 1,800 | 150DB | 15.0000 | ||||
| DEFIBRILLATOR X 2 | 2017-07-18 | 2,844 | 2,844 | 200DB | 7.0000 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| DUKE ENERGY | 2008-11 | PURCHASE | 2025-10 | 16,640 | 6,039 | 10,601 | ||||
| JOHNSON & JOHNSON | 2013-03 | PURCHASE | 2025-10 | 22,670 | 9,988 | 12,682 | ||||
| MCDONALDS CORP | 2011-10 | PURCHASE | 2025-10 | 23,573 | 6,762 | 16,811 | ||||
| MORGAN STAN PVT BK CD | 2022-05 | PURCHASE | 2025-05 | 10,000 | 10,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| ASSETS | 231,868 | 229,238 | 2,630 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| INVESTMENT IN TRUST | 326,258 | 365,580 | 558,290 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| CLEANING | 3,500 | 3,500 | ||
| DOOR PRIZES | 229 | 229 | ||
| ENTERTAINMENT PROGRAM | 1,350 | 1,350 | ||
| FOOD SUPPLIES / SENIOR MEALS | 572 | 572 | ||
| INSURANCE | 10,278 | 10,278 | ||
| MISCELLANEOUS EXPENSES | 195 | 300 | ||
| MOWING | 1,250 | 1,250 | ||
| OFFICE EXPENSE | 371 | 371 | ||
| QUILTER'S EXPENSE | 499 | 499 | ||
| REPAIRS AND MAINTENANCE | 11,951 | 11,951 | ||
| SNOW REMOVAL | 60 | 60 | ||
| SUPPLIES | 4,357 | 4,357 | ||
| UTILITIES | 7,842 | 7,842 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MEMBERSHIP DUES | 36 | 36 | |
| QUILT REVENUE | 250 | 250 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FIDUCIARY FEES | 5,273 | 5,273 | ||
| TAX PREPARATION | 729 | |||
| TAX PREPARATION K-1 | 475 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN DIVIDEND TAX | 87 | 87 | ||
| FEDERAL EXCISE TAX | 25 | 25 |