| 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 |
|---|---|---|---|---|---|---|---|---|---|
| COMPUTER | 2020-09-04 | 2,404 | 1,884 | SL | 5.000000000000 | 481 | 0 | ||
| OFFICE FURNITURE | 2022-10-05 | 4,088 | 1,499 | SL | 5.000000000000 | 818 | 0 | ||
| MAC PRO | 2024-02-01 | 2,209 | 221 | SL | 5.000000000000 | 442 | 0 | ||
| APPLE DISPLAY | 2024-02-01 | 2,540 | 254 | SL | 5.000000000000 | 508 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENTS | AT COST | 2,953,748 | 2,953,748 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE FURNITURE | 4,088 | 2,317 | 1,771 | |
| MAC PRO | 2,209 | 663 | 1,546 | |
| APPLE DISPLAY | 2,540 | 762 | 1,778 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DUE FROM GPF, SPF AND BFAI | 750,000 | 0 | 0 |
| Description | Amount |
|---|---|
| UNREALIZED GAINS (LOSSES) | 717,685 |
| EXPENSES ALLOCATED TO NET INVESTMENT INCOME | 38,061 |
| FEDERAL TAXES PAID | 5,967 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TELEPHONE | 2,540 | 0 | 0 | |
| BANK AND INVESTMENT FEES | 135 | 37,997 | 0 | |
| OFFICE EXPENSE | 2,243 | 0 | 0 | |
| DUES AND SUBSCRIPTIONS | 5,266 | 0 | 0 | |
| PROFESSIONAL FEES | 43,690 | 0 | 0 | |
| PAYROLL FEES | 728 | 0 | 0 | |
| BUSINESS TAX AND LICENSE | 25 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| INTEREST ON NOTES | 116,748 | 116,748 | 116,748 |
| Description | Amount |
|---|---|
| TAX BOOK DIFF (ADJ. CAPITAL GAINS) | 3,130 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| EMPLOYER BENEFITS LIABILITIES | 1,450 | 4,867 |
| ADVANCE | 0 | 400 |
| Borrower's Name | Relationship to Insider | Original Amount of Loan | Balance Due | Date of Note | Maturity Date | Repayment Terms | Interest Rate | Security Provided by Borrower | Purpose of Loan | Description of Lender Consideration | Consideration FMV |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YANN SANDT CLAUDE RIES | NONE | 8,726,616 | 8,740,701 | 2013-12 | 2022-12 | MONTHLY PAYMENTS | 100.0000000000 % | INTEREST IN THREE COMPANIES | FUNDING | CASH | 0 |
| 402 SOUTH BOULDER ROAD LLC | NONE | 2,600,000 | 1,381,148 | 2011-08 | 2038-04 | MONTHLY PAYMENTS | 700.0000000000 % | REAL ESTATE | FUNDING | CASH | 0 |
| UNITED VISION GROUP | NONE | 1,296,159 | 560,519 | 2013-02 | 2035-08 | MONTHLY PAYMENTS | 400.0000000000 % | SHARES OF STOCK IN UNITED VISION GROUP | FUNDING | CASH | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX ON INVESTMENTS | 0 | 64 | 0 | |
| PAYROLL TAXES | 15,802 | 0 | 11,219 |