| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 12,690 | 500 | 0 | 12,190 |
| Person Name | Explanation |
|---|---|
| DONALD DOZIER | TAKING NO PAY |
| LARRY SLOAN | TAKING NO PAY |
| EMMA SHADRACH | TAKING NO COMPENSATION |
| Person Name | Explanation |
|---|---|
| DONALD DOZIER | TAKING NO PAY |
| LARRY SLOAN | TAKING NO PAY |
| EMMA SHADRACH | TAKING NO COMPENSATION |
| Person Name | Explanation |
|---|---|
| DONALD DOZIER | TAKING NO PAY |
| LARRY SLOAN | TAKING NO PAY |
| EMMA SHADRACH | TAKING NO COMPENSATION |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 1370 IMPROV POND | 2021-06-15 | 202,885 | 38,151 | SL | 39 | 5,202 | 0 | 0 | |
| IMPROV PAVILLON | 2021-06-15 | 1,330,399 | 177,957 | SL | 39 | 34,113 | 0 | 0 | |
| IMPROV FINCHER BARN | 2021-06-15 | 668,030 | 126,313 | SL | 39 | 17,129 | 0 | 0 | |
| IMPROV THE SHOP | 2021-06-15 | 208,574 | 43,890 | SL | 39 | 5,348 | 0 | 0 | |
| IMPROV | 2021-06-15 | 19,268 | 2,865 | SL | 39 | 494 | 0 | 0 | |
| IMPROV QUANTUM ENTRANCE | 2021-06-15 | 185,561 | 87,377 | M | 15 | 12,859 | 0 | 0 | |
| INPROV | 2021-06-15 | 143,019 | 23,027 | SL | 39 | 3,667 | 0 | 0 | |
| STABLES | 2021-06-15 | 759,866 | 107,821 | SL | 39 | 19,484 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| CHARITABLE USE ASSETS | 4,753,754 | 1,174,094 | 3,579,660 | 3,579,660 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ORGANIZATION | 0 | 10,362 | 10,362 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 641 | 0 | 0 | 641 |
| CONTRACT LABOR | 75,361 | 0 | 0 | 75,361 |
| INSURANCE | 10,711 | 0 | 0 | 10,711 |
| REPAIRS AND MAINTENANCE | 45,455 | 0 | 0 | 45,455 |
| OFFICE EXPENSES | 6,131 | 0 | 0 | 6,131 |
| FEED AND SUPPLIES | 58,139 | 0 | 0 | 58,139 |
| VET SERVICES | 23,895 | 0 | 0 | 23,895 |
| VEHICLES EXPENSES | 9,790 | 0 | 0 | 9,790 |
| PAYROLL PROCESSING | 696 | 0 | 0 | 696 |
| MISC | 1,495 | 0 | 0 | 1,495 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 14,146 | 0 | 0 | 14,146 |
| PROPERTY TAX | 129 | 0 | 0 | 129 |
| LICENSE AND PERMITS | 401 | 0 | 0 | 401 |