| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING, TAX, AUDIT | 12,211 | 2,442 | 9,769 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE BONDS | 11,621,880 | 11,621,880 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE STOCK | 1,442,166 | 1,442,166 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 693 | 139 | 554 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DEPOSIT | 392,400 | 392,400 | 392,400 |
| PROTOTYPE DESIGNS | 68,195 | 68,195 | 68,195 |
| PRE DEVELOPMENT COST | 34,011 | 23,399 | 23,399 |
| SECURITY DEPOSIT | 2,138 | 2,138 | 2,138 |
| Description | Amount |
|---|---|
| ADJUSTMENT TO RESERVE FOR SET ASIDE AS APPROVED BY IRS | 211,241 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADMINISTRATIVE EXPENSES | 4,532 | 906 | 3,626 | |
| FEDERAL TAXES | 18,713 | 18,713 | 0 | |
| TAXES AND FEES | 1,520 | 304 | 1,216 | |
| SITE SEARCH COSTS | 110,538 | 0 | 110,538 |
| Description | Amount |
|---|---|
| INCREASE IN UNREALIZED APPRECIATION | 557,070 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| SET ASIDE COMMITMENT | 5,205,721 | 5,416,962 |