| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Tax prep fees | 5,000 | 2,500 | 2,500 | 2,500 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 2023 Land Improvements | 2023-07-01 | 102,551 | 14,870 | 150DB | 15.000000000000 | 8,768 | 0 | 0 | |
| 2023 Buildings | 2023-05-23 | 25,000 | 1,015 | SL | 39.000000000000 | 641 | 0 | 0 | |
| Original Land Cost | 2022-12-31 | 2,000,000 | NC | 0 % | 0 | 0 | 0 | ||
| 2024 Land Improvements | 2024-11-06 | 43,120 | 539 | 150DB | 15.000000000000 | 4,258 | 0 | 0 | |
| 2025 Land Improvements | 2025-01-12 | 6,240 | 150DB | 15.000000000000 | 312 | 0 | 0 | ||
| 2025 Barn | 2025-05-20 | 75,000 | SL | 39.000000000000 | 1,122 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Original land and acreage | 2,000,000 | 0 | 2,000,000 | 2,000,000 |
| Building and land improvements | 251,911 | 31,525 | 220,386 | 220,386 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal fees | 76,123 | 0 | 0 | 76,123 |
| Description | Amount |
|---|---|
| Unrealized gain adjustment for donated securities | 1,994,316 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Insurance | 4,497 | 0 | 0 | 4,497 |
| Payroll processing fees | 2,037 | 0 | 0 | 2,037 |
| Information technology | 2,178 | 0 | 0 | 2,178 |
| Office expenses | 520 | 0 | 0 | 520 |
| MA PC filing fees | 500 | 0 | 0 | 500 |
| Meals | 95 | 0 | 0 | 95 |
| Advertising Expense | 180 | 0 | 0 | 180 |
| Accrual to Cash Adjustment | 0 | 0 | 0 | -5,133 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Civil engineers | 41,637 | 0 | 0 | 41,637 |
| Investment advisory fees | 18,243 | 18,243 | 18,243 | 0 |
| Landscaping | 835 | 0 | 0 | 835 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Excise taxes | 25,767 | 0 | 0 | 0 |