| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING & TAX PREPARATION | 7,381 | 738 | 6,643 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| ORGANIZATION EXPENSES | 2014-01-01 | 16,224 | 11,898 | S/L | 15.0000 | 1,083 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| FIXED INCOME MUTUAL FUNDS | AT COST | 869,665 | 849,687 |
| EQUITY MUTUAL FUNDS | AT COST | 611,120 | 1,179,793 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ORGANIZATION EXPENSES - NET | 4,326 | 3,243 | 3,243 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| INSURANCE | 486 | 49 | 437 | |
| BANK SERVICE CHARGES | 60 | 6 | 54 | |
| OFFICE EXPENSE | 310 | 31 | 279 | |
| PAYROLL PROCESSING | 2,417 | 242 | 2,175 | |
| ADVISORY FEES | 9,113 | 9,113 | ||
| BUSINESS MEETING | 106 | 11 | 117 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| GRANT REFUND | 19,547 | 19,547 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| ACCRUED TAXES | 756 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES - NET INVESTMENT INCOME | 2,689 | 2,689 |