| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 32,005 | 16,003 | 16,002 |
| 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 | 2007-02-21 | 3,203 | 3,203 | SL | 7.000000000000 | 0 | 0 | ||
| COMPUTER | 2013-09-16 | 1,647 | 823 | SL | 5.000000000000 | 0 | 0 | ||
| DESK | 2015-11-30 | 1,804 | 902 | SL | 7.000000000000 | 0 | 0 | ||
| DESK | 2015-12-30 | 1,384 | 692 | SL | 7.000000000000 | 0 | 0 | ||
| EXTERIOR SIGN | 2017-01-15 | 1,494 | 1,494 | SL | 5.000000000000 | 0 | 0 | ||
| BUILDING | 2017-12-31 | 440,000 | 78,974 | SL | 39.000000000000 | 11,282 | 0 | ||
| PARKING LOT | 2017-12-31 | 73,334 | 34,223 | SL | 15.000000000000 | 4,889 | 0 | ||
| LAND | 2017-12-31 | 146,666 | L | 0 | 0 | ||||
| PORCH | 2019-10-29 | 124,846 | 16,406 | SL | 39.000000000000 | 3,201 | 0 | ||
| OFFICE FURNITURE | 2021-09-30 | 1,515 | 702 | SL | 7.000000000000 | 216 | 0 | ||
| OFFICE FURNITURE - TABLE | 2021-09-30 | 525 | 244 | SL | 7.000000000000 | 75 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE FURNITURE | 3,203 | 3,203 | 0 | |
| COMPUTER | 1,647 | 1,647 | 0 | |
| DESK | 1,804 | 1,804 | 0 | |
| DESK | 1,384 | 1,384 | 0 | |
| EXTERIOR SIGN | 1,494 | 1,494 | 0 | |
| BUILDING | 440,000 | 90,256 | 349,744 | |
| PARKING LOT | 73,334 | 39,112 | 34,222 | |
| LAND | 146,666 | 0 | 146,666 | |
| PORCH | 124,846 | 19,607 | 105,239 | |
| OFFICE FURNITURE | 1,515 | 918 | 597 | |
| OFFICE FURNITURE - TABLE | 525 | 319 | 206 |
| Description | Amount |
|---|---|
| CHANGE IN INVESTMENT VALUE | 317,531 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MISCELLANEOUS EXPENSE | 7,173 | 0 | 7,173 | |
| INSURANCE EXPENSE | 9,550 | 0 | 9,550 | |
| DUES AND MEMBERSHIPS | 11,689 | 0 | 11,689 | |
| MN FILING FEE | 26 | 0 | 26 | |
| SPECIAL EVENTS EXPENSE | 17,994 | 0 | 17,994 | |
| BANK FEES & CHARGES | 2,680 | 0 | 2,680 | |
| DIRECT CHARITABLE ACTIVITY EXPENSE | 37,040 | 0 | 37,040 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISORY | 81,559 | 81,559 | 0 | |
| IT EXPENSES | 10,193 | 0 | 10,193 | |
| PROFESSIONAL FEES | 1,997 | 0 | 1,997 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX ON NET INVESTMENT INCOME | 51,000 | 0 | 0 | |
| PAYROLL TAXES | 50,561 | 0 | 50,561 |