| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 19,000 | 9,500 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE & FIXTUR | 2010-07-01 | 2,038 | 396 | M7 | 178 | ||||
| SENTRY SECRTY SAFE | 2011-04-15 | 867 | M7 | ||||||
| DESK - SEAN | 2011-05-26 | 277 | M7 | ||||||
| CHAIR ERGONOMIN | 2011-06-15 | 511 | M7 | ||||||
| TABLES CHAIRS | 2011-07-15 | 657 | M7 | ||||||
| LECTURE RECRD EQIP | 2011-08-15 | 617 | M7 | ||||||
| 2 CHAIRS | 2011-08-31 | 228 | M7 | ||||||
| DESK & CHAIR | 2011-12-30 | 384 | M7 | ||||||
| FILE CABINET | 2011-01-01 | 518 | M7 | ||||||
| BAILEY WLESS PHONE | 2012-09-01 | 8,272 | M7 | 591 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE BONDS | 4,160,239 | 4,221,470 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE STOCK | 6,510,997 | 7,351,056 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE & FIXTUR | 2,038 | 574 | 1,464 | |
| SENTRY SECRTY SAFE | 867 | 867 | ||
| DESK - SEAN | 277 | 277 | ||
| CHAIR ERGONOMIN | 511 | 511 | ||
| TABLES CHAIRS | 657 | 657 | ||
| LECTURE RECRD EQIP | 617 | 617 | ||
| 2 CHAIRS | 228 | 228 | ||
| DESK & CHAIR | 384 | 384 | ||
| FILE CABINET | 518 | 518 | ||
| BAILEY WLESS PHONE | 8,272 | 591 | 7,681 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 13,575 | 0 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DUE FROM PAYCHEX | 600 | 0 | 0 |
| SECURITY DEPOSIT | 2,934 | 2,934 | 2,934 |
| DUE FROM OTHERS | 0 | 4,500 | 4,500 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 8,177 | 8,177 | 0 | 0 |
| MISCELLANEOUS EXPENSES | 600 | 0 | 0 | 0 |
| BUSINESS OWNERS INSURANCE | 2,558 | 0 | 0 | 0 |
| OTHER MANAGEMENT EXPENSES | 286 | 0 | 0 | 0 |
| PENALTIES | 35 | 0 | 0 | 0 |
| EMPLOYEE HEALTH INSURANCE | 86,543 | 0 | 0 | 86,543 |
| WORKERS COMPENSATION | 1,360 | 0 | 0 | 1,360 |
| INDEPENDENT CONTRACTOR LABOR | 271,930 | 0 | 0 | 271,930 |
| OTHER PERSONNEL EXP | 10,779 | 0 | 0 | 10,779 |
| HIRING & RECRUITMENT | 6,636 | 0 | 0 | 6,636 |
| MARKETING | 19,825 | 0 | 0 | 19,825 |
| E-PORTFOLIO & ACCREDITATION | 51 | 0 | 0 | 51 |
| HARDWARE | 13,090 | 0 | 0 | 13,090 |
| SOFTWARE | 6,917 | 0 | 0 | 6,917 |
| COURSE DEVELOPMENT | 379,367 | 0 | 0 | 379,367 |
| WEBSITE DEVELOPMENT | 12,266 | 0 | 0 | 12,266 |
| OPEN TEXTBOOK CHALLANGE | 250 | 0 | 0 | 250 |
| COURSE MATERIAL | 1,851 | 0 | 0 | 1,851 |
| DIGITAL EDUCATION CONFERENCE | 2,500 | 0 | 0 | 2,500 |
| RENT | 91,189 | 0 | 0 | 91,189 |
| UTILITIES | 11,260 | 0 | 0 | 11,260 |
| PARKING | 18,079 | 0 | 0 | 18,079 |
| SUPPLIES | 4,663 | 0 | 0 | 4,663 |
| IT EQUIPMENT | 19,510 | 0 | 0 | 19,510 |
| OTHER PROGRAM EXPENSES | 42,237 | 0 | 0 | 42,237 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER INCOME | 27,162 | 27,162 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAX WITHHELD | 0 | 51 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| HR FEES | 6,412 | 0 | 0 | 0 |
| OTHER PROFESSIONAL FEES | 3,250 | 0 | 0 | 0 |
| Name | Address |
|---|---|
| THE WILLIAM AND FLORA HEWLETT FOUND |
2121 SAND HILL ROAD MENLO PARK,CA94025 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL | 64,699 | 0 | 0 | 64,699 |