| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INCOME TAX REPORT | 275 | 275 | 275 |
| Person Name | Explanation |
|---|---|
| JEAN HENSON | |
| NILA DENHOLM | |
| DENISE BAKER | |
| DONNA WILEY |
| 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 | 1983-06-01 | 145,000 | 115,830 | S/L | 40.0000 | 3,625 | 3,625 | 3,625 | |
| SIDING | 2005-06-05 | 9,651 | 3,636 | 150DB | 15.0000 | 602 | 602 | 602 | |
| FURNACE | 2005-06-01 | 2,354 | 1,486 | 200DB | 10.0000 | 174 | 174 | 174 | |
| FURNITURE | 2006-06-01 | 1,617 | 567 | S/L | 10.0000 | 161 | 161 | 161 | |
| FURNITURE & EQUIPMENT | 2000-07-01 | 31,766 | 31,766 | 200DB | 7.0000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDINGS & EQUIPMENT | 190,388 | 157,847 | 32,541 | 150,000 |
| Description | Amount |
|---|---|
| FEDERAL EXCISE TAXES | 26 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| CLEANING | 3,650 | 3,650 | 3,650 | |
| DISPOSAL | 226 | 226 | 226 | |
| SNOW REMOVAL | 350 | 350 | 350 | |
| GRASS MOWING | 400 | 400 | 400 | |
| REPAIRS | 2,309 | 2,309 | 2,309 | |
| SUPPLIES | 260 | 260 | 260 | |
| SAFETY DEPOSIT BOX | 87 | 87 | 87 | |
| INSURANCE | 2,587 | 2,587 | 2,587 | |
| SECRETARY OF STATE FILING FEE | 40 | 40 | 40 | |
| MISC EXP | 761 | 761 | 761 | |
| QUILT EXPENSE | 484 | 484 | 484 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| QUILTS | 1,428 | 1,428 |