| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| GREENE FINNEY | 3,500 | 0 | 525 | 2,975 |
| LYNN & WHEELER | 16,800 | 0 | 2,520 | 14,280 |
| MERLINE & MEACHAM | 1,444 | 0 | 217 | 1,227 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| STROBAN RD HOUSE | 1995-03-01 | 20,300 | 15,151 | SL | 40.0000 | 254 | |||
| MAIN HOUSE COMPLEX | 1995-03-01 | 994,761 | 741,925 | SL | 40.0000 | 12,435 | |||
| MANAGER'S HOUSE | 1995-03-01 | 143,883 | 107,312 | SL | 40.0000 | 1,799 | |||
| 3 EQUIPMENT SHEDS | 1995-03-01 | 35,518 | 26,492 | SL | 40.0000 | 444 | |||
| 11 FARM SHELTERS | 1995-03-01 | 32,750 | 24,431 | SL | 40.0000 | 410 | |||
| NEUPORT STABLES | 1995-03-01 | 34,817 | 25,960 | SL | 40.0000 | 435 | |||
| OFFICE BUILDING | 1995-03-01 | 39,876 | 29,743 | SL | 40.0000 | 499 | |||
| ASSIST. MANAGER HOUSE | 1995-03-01 | 62,970 | 46,960 | PRE | 40.0000 | 787 | |||
| RENOVATIONS TO 6 STAFF HOUSES | 2012-06-01 | 154,296 | 49,615 | SL | 39.0000 | 1,978 | |||
| GUNROOM | 2013-09-15 | 6,349 | 5,038 | 150DB | 5.90 % | 188 | |||
| NIEUPORT STAFF HOUSES IMPROV | 2014-10-24 | 3,330 | 2,373 | 150DB | 5.91 % | 99 | |||
| ROOF FOR BIG HOUSE | 2016-03-10 | 62,896 | 38,759 | 150DB | 5.90 % | 1,856 | |||
| BOXES | 2017-09-26 | 9,137 | 5,090 | 150DB | 5.90 % | 270 | |||
| 117 NEMOURS-KITCHEN REMODELING | 2018-10-01 | 15,507 | 2,471 | SL | 39.0000 | 199 | |||
| 161 & 117 NEWMOURS REWIRING | 2018-10-01 | 75,044 | 11,945 | SL | 39.0000 | 962 | |||
| 161 NEMOURS-PAINTING OF KITCHEN | 2018-08-31 | 6,500 | 3,238 | 150DB | 5.90 % | 192 | |||
| NEMOURS & HEADQTRS KITCHEN | 2018-10-01 | 24,538 | 3,905 | SL | 39.0000 | 315 | |||
| NEMOURS-REMODELING OF RESIDENCE | 2018-10-01 | 107,811 | 17,160 | SL | 39.0000 | 1,382 | |||
| SNS COMPUTER SYSTEM-BIG HOUSE | 2019-12-19 | 29,199 | 28,085 | 200DB | 5.76 % | 841 | |||
| LABORATORY PLANNING & DESIGN | 2019-12-10 | 68,698 | 8,878 | SL | 39.0000 | 881 | |||
| MGR HOUSE-117 NEMOURS PLANTATION | 2019-06-01 | 217,524 | 30,911 | SL | 39.0000 | 2,789 | |||
| STAFF KITCHEN-282 KINLOCH | 2019-12-31 | 379,474 | 49,055 | SL | 39.0000 | 4,865 | |||
| WELL & PUMP-282 KINLOCH | 2019-12-31 | 3,600 | 1,492 | 150DB | 6.23 % | 112 | |||
| PLUMBING FIXTURES-STAFF HOUSE | 2019-08-15 | 5,462 | 2,353 | 150DB | 6.23 % | 170 | |||
| 3 HVAC UNITS FOR STAFF HOUSE | 2019-10-09 | 29,100 | 12,060 | 150DB | 6.23 % | 907 | |||
| STAFF HOUSE-283 KINLOCH RD | 2020-06-01 | 118,709 | 13,825 | SL | 39.0000 | 1,522 | |||
| STAFF HOUSE-238 STROBAL RD. | 2020-06-01 | 110,530 | 12,871 | SL | 39.0000 | 1,417 | |||
| RESEARCH LABORATORY | 2020-06-01 | 353,758 | 133,278 | 150DB | 6.23 % | 11,020 | |||
| WELL-117 NEMOURS PLANTATION RD. | 2020-06-01 | 4,500 | 1,696 | 150DB | 6.23 % | 140 | |||
| WELL-STROBAN | 2020-06-01 | 4,500 | 1,696 | 150DB | 6.23 % | 140 | |||
| RESEARCH LABORATORY | 2021-06-30 | 1,464,802 | 450,427 | 150DB | 6.93 % | 50,756 | |||
| MAIN HOUSE IMPROVEMENTS | 2022-11-09 | 120,344 | 27,739 | 150DB | 8.55 % | 5,145 | |||
| MAIN HOUSE IMPROVEMENTS | 2022-02-14 | 23,067 | 5,316 | 150DB | 7.70 % | 888 | |||
| PEMB CARPORT/STORAGE AREA | 2022-02-14 | 53,890 | 12,423 | 150DB | 7.70 % | 2,075 | |||
| METAL ROOFING FOR POLE BARN | 2022-02-22 | 25,361 | 5,845 | 150DB | 7.70 % | 977 | |||
| OFFICE FURNITURE | 2022-05-05 | 5,512 | 3,924 | 200DB | 11.52 % | 318 | |||
| ARGO AMPHIBIOUS BOAT | 2019-07-01 | 25,096 | 24,770 | 200DB | 5.76 % | 326 | |||
| JOHN DEERE 670 ROAD GRADER | 2019-12-09 | 22,500 | 21,641 | 200DB | 5.76 % | 648 | |||
| FIBEROPTIC FEED TO BIG HOUSE | 2019-12-13 | 1,909 | 1,836 | 200DB | 5.76 % | 55 | |||
| ENGINE FOR ZERO TURN MOWER | 2019-10-14 | 2,738 | 2,634 | 200DB | 5.76 % | 79 | |||
| BAT WINGED FARM MOWER | 2020-06-01 | 18,000 | 16,964 | 200DB | 5.76 % | 519 | |||
| GENERATOR-238 STROBAN RD | 2020-09-29 | 5,800 | 5,466 | 200DB | 11.52 % | 334 | |||
| BAT-WINGED FARM MOWER | 2021-02-23 | 17,475 | 14,455 | 200DB | 11.52 % | 1,007 | |||
| TRUNK LUMBER | 2022-08-24 | 25,400 | 18,085 | 200DB | 19.20 % | 2,439 | |||
| 2-TON SPLIT SYSTEM HEIL HEAT PUMP | 2022-05-23 | 6,200 | 4,414 | 200DB | 11.52 % | 357 | |||
| JD 5075E UTIL. TRACTOR #127643 | 2022-01-27 | 36,845 | 26,233 | 200DB | 11.52 % | 2,123 | |||
| 2019 CHEVROLET COLORADO | 2019-11-18 | 30,000 | 28,855 | 200DB | 5.76 % | 864 | |||
| 2019 CHEVROLET EQUINOX | 2019-11-18 | 24,500 | 23,565 | 200DB | 5.76 % | 706 | |||
| 2019 DODGE RAM 3500 TRUCK | 2020-12-17 | 47,253 | 44,532 | 200DB | 11.52 % | 2,721 | |||
| 2022 GMC SIERRA 1500 | 2022-01-14 | 46,414 | 33,046 | 200DB | 11.52 % | 2,674 | |||
| HVAC BIG HOUSE | 2005-09-30 | 52,595 | 25,314 | SL | 40.0000 | 658 | |||
| 261 KINLOCH IMPROVE | 2005-06-30 | 10,438 | 5,089 | SL | 40.0000 | 131 | |||
| ROOF REP-BIG HOUSE | 2009-12-01 | 134,725 | 51,954 | SL | 39.0000 | 1,727 | |||
| WELL-117 NEMOURS PLANTATION RD | 2020-03-30 | 4,000 | 1,507 | 150DB | 6.23 % | 125 | |||
| STROBAN RD HOUSE | 2021-09-30 | 136,401 | 41,943 | 150DB | 7.70 % | 5,252 | |||
| NIEUPORT STAFF HOUSES IMPROV | 2021-09-30 | 58,539 | 18,001 | 150DB | 7.70 % | 2,254 | |||
| FASCIA/SOFFET BIG HOUSE | 2021-09-30 | 58,139 | 17,878 | 150DB | 7.70 % | 2,239 | |||
| KINLOCH | 2021-09-30 | 15,418 | 4,741 | 150DB | 7.70 % | 594 | |||
| JUSTIN'S CARPORT | 2021-10-31 | 8,866 | 2,726 | 150DB | 7.70 % | 342 | |||
| 3 TON UNIT FOR LAURA'S ROOM | 2021-07-29 | 7,350 | 2,260 | 150DB | 7.70 % | 283 | |||
| SHORT ARM TRACKHOE | 2023-03-01 | 84,942 | 44,169 | 200DB | 19.20 % | 8,155 | |||
| 3 TON 16 SEER HEIL UNIT | 2023-03-14 | 7,100 | 1,030 | 150DB | 8.55 % | 304 | |||
| AC UNIT BUSINESS ADMIN OFFICE | 2023-07-10 | 3,800 | 551 | 150DB | 9.50 % | 181 | |||
| NIEUPORT BUILDING | 2023-12-31 | 173,869 | 25,211 | 150DB | 9.50 % | 8,259 | |||
| NIEUPORT DORM FURNISHINGS | 2023-12-31 | 11,195 | 5,821 | 200DB | 32.00 % | 1,791 | |||
| SPILLWAY LUMBER | 2023-12-31 | 50,857 | 26,445 | 200DB | 32.00 % | 8,137 | |||
| SAFARI VEHICLE | 2024-07-23 | 20,000 | 4,000 | 200DB | 32.00 % | 3,200 | |||
| BUSHHOG | 2024-01-29 | 15,700 | 3,140 | 200DB | 32.00 % | 2,512 | |||
| SPIN SPREADER | 2024-04-26 | 6,473 | 1,295 | 200DB | 32.00 % | 1,036 | |||
| UTV | 2024-08-20 | 24,950 | 4,990 | 200DB | 32.00 % | 3,992 | |||
| MONTGOMERY ARCT.-CLASSROOM | 2024-01-19 | 7,295 | 180 | SL | 2.56 % | 94 | |||
| HEAT PUMP-COOL MAN HEATING | 2024-01-19 | 7,800 | 390 | 150DB | 9.50 % | 371 | |||
| IMPROVEMENTS-ATHENA | 2024-02-22 | 2,778 | 62 | SL | 2.56 % | 36 | |||
| IMPROVEMENTS-BFT CONST. CLASSROOM | 2024-02-29 | 60,664 | 1,363 | SL | 2.56 % | 778 | |||
| IMPROVEMENTS-ATHENA | 2024-03-27 | 3,546 | 72 | SL | 2.56 % | 46 | |||
| EQUIPMENT-AV CONSERVATION HALL | 2024-03-27 | 27,065 | 5,413 | 200DB | 32.00 % | 4,331 | |||
| IMPROVEMENTS-CLASSROOM BFT. CONST. | 2024-03-27 | 79,044 | 1,607 | SL | 2.56 % | 1,014 | |||
| TANKLESS WATER HEATER | 2024-04-01 | 3,209 | 459 | 200DB | 24.49 % | 393 | |||
| IMPROVEMENTS-CONSERV. HALL | 2024-05-07 | 55,570 | 892 | SL | 2.56 % | 713 | |||
| IMPROVEMENTS-CONSERV. HALL | 2024-05-07 | 114,074 | 1,831 | SL | 2.56 % | 1,463 | |||
| GATE | 2024-05-21 | 9,968 | 498 | 150DB | 9.50 % | 474 | |||
| IMPROVEMENTS-BFT. CONSTRUCT | 2024-06-11 | 23,506 | 327 | SL | 2.56 % | 302 | |||
| EQUIPMENT CONSERVATION HALL | 2024-07-17 | 10,020 | 2,004 | 200DB | 32.00 % | 1,603 | |||
| WELL CONSERVATION HALL | 2024-12-02 | 4,500 | 150 | SL | 6.67 % | 150 | |||
| RICE TRUNKS | 2024-11-21 | 55,562 | 2,778 | 150DB | 9.50 % | 2,639 | |||
| RAM 3500 FLAT BED CONVERSION | 2025-01-30 | 14,900 | 200DB | 20.00 % | 2,980 | ||||
| TRUCK | 2025-02-03 | 36,780 | 200DB | 20.00 % | 7,356 | ||||
| TRUCK | 2025-02-03 | 62,248 | 200DB | 20.00 % | 12,450 | ||||
| IMPROVEMENTS-SHOP ELECTRICAL | 2025-04-03 | 4,600 | SL | 0.54 % | 25 | ||||
| DUMP TRUCK | 2025-05-16 | 7,750 | 200DB | 20.00 % | 1,550 | ||||
| NIEUPORT HOUSE RENOVATION-E. LARSEN | 2025-05-30 | 2,530 | SL | 0.32 % | 8 | ||||
| NIEUPORT HOUSE RENOVATION-E. LARSEN | 2025-06-13 | 3,055 | SL | 0.11 % | 3 | ||||
| MINI SPLITS IN SHOP | 2025-06-20 | 5,187 | 150DB | 5.00 % | 259 | ||||
| NIEUPORT HOUSE RENOVATION-E. LARSEN | 2025-06-20 | 4,260 | SL | 0.11 % | 5 | ||||
| NIEUPORT HOUSE RENO-LOWES | 2025-06-30 | 8,163 | SL | 0.11 % | 9 | ||||
| DUMP TRUCK | 2025-06-30 | 6,000 | 200DB | 20.00 % | 1,200 | ||||
| NIEUPORT HOUSE RENO-E. LARSEN | 2025-06-30 | 3,335 | SL | 0.11 % | 4 | ||||
| POLE BARN | 2025-05-16 | 13,543 | SL | 0.32 % | 43 | ||||
| SKINNING SHED-CONCRETE | 2025-06-09 | 3,700 | SL | 0.11 % | 4 | ||||
| SKINNING SHED-WIGGINS | 2025-06-18 | 6,340 | SL | 0.11 % | 7 | ||||
| SKINNING SHED-ATLANTIC SPRAY FOAM | 2025-06-20 | 3,350 | SL | 0.11 % | 4 | ||||
| SKINNING SHED-ELECTRICAL | 2025-06-30 | 6,900 | SL | 0.11 % | 7 | ||||
| DUMP TRAILER | 2025-06-09 | 11,835 | 200DB | 20.00 % | 2,367 | ||||
| TRUNK-SETTING | 2025-06-13 | 24,500 | 150DB | 5.00 % | 1,225 | ||||
| TRUNK MATERIAL | 2025-06-13 | 27,821 | 150DB | 5.00 % | 1,391 | ||||
| DO ALL | 2025-06-17 | 8,700 | 200DB | 20.00 % | 1,740 | ||||
| CORN PICKER | 2025-06-27 | 2,900 | 200DB | 20.00 % | 580 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 559,834 | 424,220 | 135,614 | 135,614 |
| Furniture and Fixtures | 66,707 | 11,854 | 54,853 | 54,853 |
| Machinery and Equipment | 1,224,246 | 1,094,603 | 129,643 | 129,643 |
| Buildings | 5,057,827 | 2,100,203 | 2,957,624 | 2,957,624 |
| Improvements | 1,036,317 | 212,140 | 824,177 | 824,177 |
| Land | 6,555,684 | 6,555,684 | 6,555,684 |
| Description | Amount |
|---|---|
| FEDERAL INCOME TAX PAID | 8,029 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES & SERVICE CHARGES | 316 | 47 | 269 | |
| CAPITAL PURCHASES | 17,707 | 2,656 | 15,051 | |
| EMPLOYEE BENEFITS | 112,548 | 16,882 | 95,666 | |
| GENERAL & ADMINISTRATIVE | 103,017 | 15,453 | 87,564 | |
| INSURANCE | 28,111 | 4,217 | 23,894 | |
| INVESTMENT EXPENSE | 48,308 | 7,246 | 41,062 | |
| PAYROLL TAXES | 27,710 | 4,157 | 23,553 | |
| PRESERVATION PROJECTS | 219,367 | 32,905 | 186,462 | |
| REPAIRS | 85,994 | 12,899 | 73,095 | |
| UTILITIES | 22,423 | 3,363 | 19,060 | |
| VEHICLE TAXES | 3,012 | 452 | 2,560 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| GAME MANAGEMENT | 17,488 | ||
| Other Investment Income | 884,712 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| UNEARNED REVENUE | 17,488 | 5,279 |
| RETIREMENT | 5,279 | 2,468 |
| PAYROLL LIABILITIES | 2,468 | |
| Rounding | 2 | 4 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| TIMBER SALES | 353,944 | 35,394 | 318,550 |