| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING - BOOKKEEPING | 19,500 | 9,750 | 9,750 | |
| ACCOUNTING - AUDIT & TAX | 33,882 | 16,941 | 16,941 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LEASEHOLD IMPROVEMENTS | 2024-12-17 | 41,887 | 29,221 | SL | 3.000000000000 | 2,533 | 0 | ||
| COMPUTER EQUIPMENT | 2015-02-20 | 23,059 | 23,059 | SL | 5.000000000000 | 0 | 0 | ||
| FURNITURE & FIXTURES | 2015-03-31 | 45,338 | 45,338 | SL | 7.000000000000 | 0 | 0 | ||
| MACHINERY & EQUIPMENT | 2015-08-17 | 2,547 | 2,547 | SL | 5.000000000000 | 0 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| U.S LARGE CAP STOCKS, MUTUAL FUNDS & ETFS | 62,147,369 | 62,147,369 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LEASEHOLD IMPROVEMENTS | 41,887 | 31,754 | 10,133 | |
| COMPUTER EQUIPMENT | 23,059 | 23,059 | 0 | |
| FURNITURE & FIXTURES | 45,338 | 45,338 | 0 | |
| MACHINERY & EQUIPMENT | 2,547 | 2,547 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| INTEREST AND DIVIDEND RECEIVABLE | 122,507 | 128,631 | 128,631 |
| FEDERAL NET INVESTMENT EXCISE TAX RECEIVABLE | 49,356 | 49,356 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE SUPPLIES & EXPENSE | 2,751 | 0 | 2,751 | |
| INFORMATION TECHNOLOGY & TELEPHONE | 32,665 | 0 | 32,665 | |
| INSURANCE | 10,022 | 0 | 10,022 | |
| ASSOCIATION/ORGANIZATION DUES & MEMBERSHIPS | 19,775 | 0 | 25,564 | |
| MISC/OTHER | 662 | 0 | 662 | |
| TRAINING & DEVELOPMENT | 19,777 | 0 | 19,777 | |
| COMMUNITY DEVELOPMENT, COMMUNICATIONS & PUBLIC RELATIONS | 42,397 | 0 | 42,397 | |
| SPONSORED EVENTS & SPONSORSHIPS | 6,500 | 0 | 6,500 | |
| HONORARIUM | 2,500 | 0 | 2,500 | |
| BANK SERVICE CHARGES | 876 | 0 | 876 |
| Description | Amount |
|---|---|
| UNREALIZED DEPRECIATION IN THE INVESTMENT PORTFOLIO | 6,881,102 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DEFERRED FEDERAL NET INVESTMENT EXCISE TAX PAYABLE | 24,924 | 120,571 |
| FEDERAL NET INVESTMENT EXCISE TAX PAYABLE | 22,764 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT CUSTODIAN/CONSULTING/MANAGEMENT | 186,755 | 186,755 | 0 | |
| PAYROLL & RETIREMENT SERVICES | 1,506 | 0 | 1,506 | |
| STRATEGIC PLANNING & GRANT PROGRAM SERVICES | 15,770 | 0 | 13,357 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 25,403 | 2,540 | 22,863 | |
| FEDERAL NII EXCISE TAX | 114,527 | 0 | 0 |