| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEE | 34,600 | 0 | 0 | 34,225 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE AND FIXTURES | 2019-02-25 | 2,708 | 2,258 | SL | 14.29 % | 386 | |||
| FURNITURE AND FIXTURES | 2019-04-23 | 17,823 | 14,428 | SL | 14.29 % | 2,546 | |||
| TELEPHONE SYSTEM | 2019-02-26 | 3,664 | 2,136 | SL | 10.00 % | 366 | |||
| COMPUTER EQUIPMENT | 2024-02-27 | 12,054 | 2,009 | SL | 20.00 % | 2,411 | |||
| PHONE EQUIPMENT | 2024-12-23 | 3,017 | SL | 10.00 % | 302 | ||||
| LEASED ASSET | 2024-07-14 | 12,027 | 1,203 | SL | 20.00 % | 2,406 | |||
| CONFERENCE ROOM EQUIPMENT | 2025-01-07 | 10,964 | SL | 10.00 % | 2,193 | ||||
| LAPTOP COMPUTER | 2025-06-11 | 1,514 | SL | 10.00 % | 177 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MUTUAL FUNDS - FIXED INCOME | FMV | 20,522,507 | 20,522,507 |
| MUTUAL FUNDS - EQUITY | FMV | 108,675,490 | 108,675,490 |
| MONEY MARKET FUNDS | FMV | 2,881,718 | 2,881,718 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 20,531 | 19,618 | 913 | 913 |
| Machinery and Equipment | 72,545 | 42,507 | 30,038 | 30,038 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COMMUNITY OUTREACH | 134,978 | 134,978 | ||
| OFFICE EXPENSES | 40,714 | 44,059 | ||
| Rental Expenses | 32,996 | 32,996 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| LEASE LIABILITY | 10,935 | 8,682 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISORY FEES | 109,454 | 109,454 | 0 | 80,244 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF EXCISE TAXES | 311,524 | |||
| PAYROLL TAXES | 35,377 | 35,218 |