| Person Name | Explanation |
|---|---|
| JOHN PREISS | |
| TERESA PREISS | |
| JOYCE NUELLENBERG |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE FURNITURE AND FIXTURES | 2008-01-01 | 4,873 | 2,785 | S/L | 7.0000 | 696 | 696 | ||
| WEBSITE DEVELOPMENT - BAKER WEBB | 2009-01-23 | 2,000 | 2,000 | 3.0000 | |||||
| INDUSTRIAL SIGN - LARRY'S SIGNS | 2009-02-06 | 2,424 | 1,010 | S/L | 7.0000 | 346 | 346 | ||
| CHAIR - VINCENT'S FURNITURE | 2009-06-09 | 738 | 272 | S/L | 7.0000 | 106 | 106 | ||
| CHECKOUT SYSTEM - INTUIT SOFTWARE | 2009-06-29 | 1,296 | 648 | S/L | 5.0000 | 259 | 259 | ||
| LAND - 5 ACRES | 2009-07-02 | 31,000 | |||||||
| LEGAL FEES | 2009-07-03 | 275 | |||||||
| LAND IMPROVEMENT - MACHINE RENTAL | 2009-07-21 | 268 | 43 | S/L | 15.0000 | 18 | 18 | ||
| LAND IMPROVEMENTS - GRAVEL | 2009-07-23 | 412 | 66 | S/L | 15.0000 | 28 | 28 | ||
| FURNITURE - VINCENT'S FURNITURE | 2009-08-21 | 1,209 | 403 | S/L | 7.0000 | 173 | 173 | ||
| LAND IMPROVEMENTS - DIRT | 2009-09-04 | 1,445 | 225 | S/L | 15.0000 | 96 | 96 | ||
| CAMERA - WAL-MART | 2009-09-11 | 890 | 297 | S/L | 7.0000 | 127 | 127 | ||
| SHRINE | 2009-09-18 | 2,996 | 963 | S/L | 7.0000 | 428 | 428 | ||
| IRENN JALCUS ARTWORK | 2009-09-21 | 600 | 193 | S/L | 7.0000 | 86 | 86 | ||
| PA SYSTEM - BAKER TECHNOLOGIES | 2009-10-14 | 3,135 | 1,008 | S/L | 7.0000 | 448 | 448 | ||
| LAND SURVEY | 2009-10-19 | 278 | |||||||
| LAND IMPROVEMENT - MACHINE RENTAL | 2009-10-20 | 216 | 31 | S/L | 15.0000 | 15 | 15 | ||
| LAND IMPROVEMENTS - LABOR | 2009-11-16 | 3,839 | 533 | S/L | 15.0000 | 256 | 256 | ||
| LAND IMPROVEMENT - MACHINE RENTAL | 2009-12-21 | 132 | 18 | S/L | 15.0000 | 8 | 8 | ||
| FURNITURE | 2010-03-19 | 1,790 | 1,242 | 200DB | 7.0000 | 157 | 157 | ||
| WATER PURIFIER | 2010-03-24 | 4,003 | 2,778 | 200DB | 7.0000 | 350 | 350 | ||
| LAND | 2010-07-03 | 33,325 | |||||||
| VIDEO CAMERA | 2010-08-20 | 649 | 649 | 200DB | 7.0000 | ||||
| SHRINE | 2010-09-22 | 3,401 | 113 | S/L | 39.0000 | 87 | 87 | ||
| 20 X 30 STORAGE BLDG | 2010-12-19 | 13,821 | 369 | S/L | 39.0000 | 355 | 355 | ||
| 2012 DONATED ITEMS | 2012-11-25 | 17,100 | 200DB | 5.0000 | 17,100 | 17,100 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE FURNITURE AND FIXTURES | 67,237 | 36,785 | 30,452 | |
| LAND | 64,878 | 64,878 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| CREDIT CARD PROCESSING | 34 | 34 | ||
| DUES AND SUBSCRIPTIONS | 381 | 381 | ||
| DONATION | 700 | 700 | ||
| EDUCATION AND TRAINING | 1,000 | 1,000 | ||
| WEBSITE | 1,012 | 1,012 | ||
| BANK SERVICE CHARGE | 1,041 | 1,041 | ||
| ADVERTISING | 1,274 | 1,274 | ||
| MISCELLANEOUS | 2,484 | 2,484 | ||
| REPAIRS AND MAINTENANCE - GEN | 2,651 | 2,651 | ||
| POSTAGE AND P.O. BOX RENTAL | 7,497 | 7,497 | ||
| OFFICE SUPPLIES AND EQUIPMENT | 9,069 | 9,069 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | 23 | 164 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT OTHER PROFESSIONAL FEES | 2,149 | 2,149 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| SALES OF RELIGIOUS MATERIAL | 34,776 | 6,603 | 28,173 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT TAXES/LICENSES | 2,660 | 2,660 |