| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BOOKKEEPING AND ACCOUNTING FEES | 38,237 | 0 | 0 | 38,237 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| TALL SHIP | 2022-01-31 | 1,010,078 | 203,418 | SL | 12.000000000000 | 84,173 | 0 | 84,173 | |
| TENDER | 2022-03-15 | 7,862 | 1,528 | SL | 12.000000000000 | 655 | 0 | 655 | |
| FURNITURE & EQUIPMENT | 2022-05-01 | 16,408 | 2,962 | SL | 12.000000000000 | 1,367 | 0 | 1,367 | |
| RAFT | 2022-07-27 | 15,350 | 2,452 | SL | 12.000000000000 | 1,279 | 0 | 1,279 | |
| RIGGING | 2023-06-13 | 15,297 | 1,381 | SL | 12.000000000000 | 1,275 | 0 | 1,275 | |
| OUTBOARD MOTOR | 2023-11-03 | 4,191 | 233 | SL | 12.000000000000 | 349 | 0 | 349 | |
| RADAR & CHART PLOTTER | 2023-12-14 | 25,425 | 1,236 | SL | 12.000000000000 | 2,119 | 0 | 2,119 | |
| CONSTRUCTION IN PROCESS | 575,424 | NC | 0 % | 0 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| TALL SHIP | 1,010,078 | 287,591 | 722,487 | |
| TENDER | 7,862 | 2,183 | 5,679 | |
| FURNITURE & EQUIPMENT | 16,408 | 4,329 | 12,079 | |
| RAFT | 15,350 | 3,731 | 11,619 | |
| RIGGING | 15,297 | 2,656 | 12,641 | |
| OUTBOARD MOTOR | 4,191 | 582 | 3,609 | |
| RADAR & CHART PLOTTER | 25,425 | 3,355 | 22,070 | |
| CONSTRUCTION IN PROCESS | 575,424 | 0 | 575,424 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FORMATION FEES | 3,432 | 0 | 0 | 3,432 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| FEDERAL TAX REFUND RECEIVABLE | 543 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REPAIRS AND MAINTENANCE | 29,976 | 0 | 0 | 29,976 |
| BANK FEES | 1 | 0 | 0 | 1 |
| DUES AND SUBSCRIPTIONS | 1,626 | 0 | 0 | 1,626 |
| INSURANCE - VESSEL | 46,218 | 0 | 0 | 46,218 |
| LICENSING | 171 | 0 | 0 | 171 |
| OFFICE SUPPLIES | 9,692 | 0 | 0 | 9,692 |
| VESSEL SUPPLIES | 4,852 | 0 | 0 | 4,852 |
| POSTAGE | 675 | 0 | 0 | 675 |
| SLIP FEES | 21,478 | 0 | 0 | 21,478 |
| CONTRACT LABOR | 14,952 | 0 | 0 | 14,952 |
| TELEPHONE | 1,000 | 0 | 0 | 1,000 |
| STORAGE | 17,495 | 0 | 0 | 17,495 |
| ADVERTISING | 2,422 | 0 | 0 | 2,422 |
| FUNDRAISING | 91,456 | 0 | 0 | 91,456 |
| PROGRAM EXPENSES | 13,766 | 0 | 0 | 13,766 |
| COMPUTER SUPPORT | 13,082 | 0 | 0 | 13,082 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| EDUCATIONAL PROGRAMS | 81,508 | 81,508 |
| Name | Address |
|---|---|
| ROGER AND SARAH CHRISMAN |
1187 COAST VILLAGE ROAD STE 1 408 SANTA BARBARA,CA93108 |
|
SCHLINGER CHRISMAN FOUNDATION |
PO BOX 803878 CHICAGO,IL60680 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 58,662 | 0 | 0 | 58,662 |
| CA ATTORNEY GENERAL FEES | 200 | 0 | 0 | 200 |
| PROPERTY TAXES | 5,989 | 0 | 0 | 5,989 |
| US TREASURY EXCISE TAX | 285 | 0 | 0 | 0 |