All Mosta Ranch Montana

“Form 990-EZ, Part 1, Line 10 Small benevolence grants were issued to community members to help with transportation (gas/parts), RX, clothing, food, utilities, vet services, hay that was distributed from inventory; @ FMV of 1,600 plus and does not include donations of - and often comes in form of - independent contractor fees above. These benevolent grants are not included here because they were expensed out under other categories.”

“Form 990-EZ, Part 1, line 16 Hay 18,614.00; feed 7,881.91; vet/health 5,710.80; transportation 5,420.75; goods 5,068.62; infrastructure 2,023.30; website/advertising, etc. 539.18; administration/office/visitors 914.22; Fixed Assets: goat shed 1,400; hay shelter 4,757.87 (loan); TW-10 19,097 Total 71,427.87”

“Form 990-EZ, Part 1, Line 20 Depreciation, 1978 Marlette mobile home, utilized for at-risk housing, placed in service 12/1/2009. Class: Residential Rental Property, basis for depreciation: 1) donor's adjusted bases same as valuation of donated mobile home at time of gift: Fair Market Value. 2) placed in service as at-risk rental. Recovery period for mobile home: normal is 27.5 years which would have totally depreciated mobile home by June, 2005. We fairly chose to depreciate its value under Classification GDS, utilizing MACRS Recovery Periods for Property Used in Rental Activities, a 7 year recovery period. 2014 depreciation: 719. 2014 end FMV 1,799. Sold on 3/1/14 for 2,518 to at-risk tenants, with payments made and completed sale 9/10/14. 1997 Dodge Truck, placed in service 12/20/2011, class light truck, General Depreciation System, 5 years, FMV begin 2013 4,442.51; FMV 2014 2,665.51; 2014 depreciation 1,066, end 2014 FMV 1,599.51 Fixed assets: goat shed, purchased 4/12/14, FMV 1,400, depreciation over 7 years, 2014 depreciation 200; 1982 TW-10 tractor, purchase in 2014, FMV 24,607.48, depreciated over 5 years, put into service 2/12/2015, 2014 depreciation 4,921; Hay Shelter, purchased in 2014, FMV 17,665.41, depreciated over 7 years, put into service 6/4/2014, 2014 depreciation 2,524 Total changes in Assets: 17,626 Total Assets 37,627 Liabilities 12/31/2014: Hay shelter, loan, balance 11,501, payments at 0 % interest, 217 month.”

“Form 990-EZ, Part II, Line 23 & 24 Buildings: goat shed FMV 1,200; hay shelter 15,141; Other: vehicle 1,600; tractor 19,686 Total Assets: 37,627”

“Form 990-EZ, Schedule O, Statement Page, Part I, Line 26 Liabilities 12/31/2014: Hay shelter, loan, balance 11,501, payments at 0 % interest, 217 month.”