| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING\TAX PREP | 1,150 |
| Person Name | Explanation |
|---|---|
| SANDRA B CUNNINGHAM | |
| ELAINE GARDNER | |
| LARRY ECCELSTON |
| 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 | 2006-02-10 | 1,977 | 1,977 | S/L | 5.0000 | ||||
| FURNITURE FOR OFFICE | 2006-06-01 | 8,376 | 6,681 | S/L | 7.0000 | 1,196 | |||
| WATER COOLER | 2006-06-29 | 100 | 100 | S/L | 5.0000 | ||||
| DISPLAY CASE | 2006-01-01 | 230 | 197 | S/L | 7.0000 | 33 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 10,683 | 10,184 | 499 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| EXCHANGES | 108 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADVERTISING | 500 | |||
| OFFICE | 951 | |||
| INSURANCE | 2,846 | |||
| FUNDRAISING EXPENSES | 24,793 | |||
| TELEPHONE | 4,675 | |||
| SCHOLARSHIP LUNCHEON | 1,365 | |||
| PRINTING | 255 | |||
| SUPPLIES | 2,153 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| LOANS FROM DIRECTORS |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
LOAN TO FUNDRAISER PROFESSIONAL |
5,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEES | 60 |