| Category | Amount |
|---|---|
| None | 0 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| Run-in Shed | 2020-08 | Purchased | 2025-12 | 0 | 19,058 | Cost | -6,499 | 12,559 | ||
| Hay Racks | 2020-12 | Purchased | 2025-12 | 0 | 3,550 | Cost | -668 | 2,882 | ||
| Kubota | 2021-11 | Purchased | 2025-12 | 0 | 15,600 | Cost | -1,707 | 13,893 | ||
| Fencing | 2020-08 | Purchased | 2025-12 | 0 | 19,710 | Cost | -3,708 | 16,002 | ||
| Fencing | 2021-07 | Purchased | 0 | 2,991 | -730 | 2,261 | ||||
| Fencing | 2022-01 | Purchased | 2025-12 | 0 | 5,024 | -1,883 | 3,141 | |||
| Fencing | 2023-11 | Purchased | 0 | 6,125 | -3,164 | 2,961 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Equipment | 0 | 0 | 0 | |
| Buildings | 0 | 0 | 0 | |
| Fencing | 0 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Repairs & maintenance | 665 | 0 | 0 | 665 |
| Care of horses | 25,316 | 0 | 0 | 25,316 |
| Insurance | 4,499 | 0 | 0 | 3,118 |
| Payroll processing | 1,357 | 0 | 0 | 1,357 |
| State charitable registration fees | 100 | 0 | 0 | 0 |
| License Fee | 3,698 | 0 | 0 | 3,698 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| Sales of excess hay (Foundation grows | 2,682 | 406 | 2,276 |
| hay to feed retired Thoroughbreds | 0 | 0 | 0 |
| it cares for, and sells excess only) | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| N/A |