| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AUDIT | 5,380 | 0 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 254,520 | 141,141 | 0 % | 9,255 | 0 | 9,255 | |||
| BUILDING IMPROVEMENTS | 1,413,753 | 313,392 | 0 % | 38,267 | 0 | 38,267 | |||
| LAND | 95,480 | 0 % | 0 | 0 | 0 | ||||
| FURNITURE | 138,353 | 119,959 | 0 % | 8,992 | 0 | 8,992 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 254,520 | 150,396 | 104,124 | 0 |
| BUILDING IMPROVEMENTS | 1,413,753 | 351,659 | 1,062,094 | 0 |
| LAND | 95,480 | 0 | 95,480 | 0 |
| FURNITURE | 138,353 | 128,951 | 9,402 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MAINTENANCE | 13,029 | 0 | 797 | 12,232 |
| OFFICE EXPENSE | 3,637 | 0 | 0 | 0 |
| POSTAGE | 174 | 0 | 0 | 0 |
| DUES AND FEES | 2,351 | 0 | 0 | 0 |
| PROMOTION AND ADVERTISING | 27,146 | 0 | 0 | 0 |
| CONTRACT SERVICES | 866 | 0 | 0 | 0 |
| TELEPHONE | 2,432 | 0 | 149 | 2,283 |
| COMPREHENSIVE & BOND INSURANCE | 5,001 | 0 | 306 | 4,695 |
| FUNDRAISING | 28,461 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER | 5,731 | 5,731 |