| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 11,325 | 2,831 | 0 | 8,494 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| LEASEHOLD IMPROVEMENTS | 2007-05-01 | 14,882 | 2,645 | 15 | 992 | 3,637 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| COMPUTER EQUIPMENT | 2010-09-26 | 572 | 53 | 20.00 % | 114 | ||||
| COMPUTER EQUIPMENT | 2010-09-26 | 1,180 | 53 | 20.00 % | 236 | ||||
| COMPUTER EQUIPMENT | 2010-07-31 | 480 | 53 | 20.00 % | 96 | ||||
| COMPUTER EQUIPMENT | 2010-07-31 | 2,210 | 53 | 20.00 % | 442 | ||||
| OFFICE EQUIPMENT | 2010-12-06 | 872 | 57 | 14.29 % | 125 | ||||
| OFFICE EQUIPMENT ETC. | 2009-10-19 | 1,468 | 52 | 57 | 27.55 % | 404 | |||
| OFFICE EQUIPMENT, ETC. | 2009-09-20 | 1,703 | 182 | 57 | 25.51 % | 434 | |||
| COMPUTER EQUIPMENT | 2007-07-26 | 1,315 | 936 | 53 | 11.52 % | 151 | |||
| OFFICE EQUIPMENT, ETC. | 2003-08-18 | 2,578 | 2,463 | 57 | 4.46 % | 115 | |||
| OFFICE EQUIPMENT, ETC. | 2003-07-15 | 2,000 | 1,913 | 57 | 4.46 % | 87 |
| Employee | Explanation |
|---|---|
| LISA HIRSHBERG |
| Identifier | Return Reference | Explanation |
|---|---|---|
| EFFECTIVE JANUARY 1, 2008, THE FOUNDATION APPLIED FOR AND RECEIVED A CHANGE OF STATUS TO THAT OF A PUBLIC CHARITY UNDER 501(C)(3)WHICH WILL BE REFLECTED IN FUTURE FILINGS. |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 27,945 | 21,318 | 6,627 | 6,627 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 2,758 | 0 | 0 | 2,758 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Net Intangible Assets | 12,237 | 11,245 | 11,245 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TELEPHONE | 3,630 | 363 | 3,267 | |
| REPAIRS & MAINTENANCE | 188 | 188 | ||
| RENT & PARKING | 46,212 | 4,621 | 41,591 | |
| OFFICE EXPENSES/POSTAGE ETC. | 24,614 | 3,692 | 20,922 | |
| MISCELANEOUS COSTS | 7,579 | 7,579 | ||
| INSURANCE-HEALTH | 45,573 | 4,557 | 41,016 | |
| INSURANCE -GENERAL | 5,393 | 5,393 | ||
| GRAPHIC DESIGN | 10,755 | 10,755 | ||
| CHARITY EVENT EXPENSES | 262,323 | 262,323 | ||
| BANK CHARGES/DISCOUNT FEES | 1,629 | 1,629 | ||
| Amortization | 992 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Income From Special Events | 642,497 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Rounding | 1 | |
| PAYROLL TAXES PAYABLE | 89 | 2,197 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OUTSIDE SERVICES | 64,345 | 0 | 0 | 64,345 |
| CREDIT COSTS, INFO MGMT | 82,985 | 20,746 | 0 | 62,239 |
| BROKERAGE MANAGEMENT FEES | 7,361 | 7,361 | 0 | 7,361 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 18,233 | 18,233 | ||
| OTHER TAXES & LICENSES | 150 | 150 | ||
| FOREIGN TAXES | 111 | 111 |