| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 900 | 720 |
| Person Name | Explanation |
|---|---|
| EMMETT COOPER |
| 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 SYSTEM | 1996-10-26 | 540 | 540 | S/L | 5.0000 | ||||
| LASER JET PRINTER | 1997-03-07 | 650 | 650 | S/L | 5.0000 | ||||
| WINBOOK LAPTOP COMPUTER | 1997-05-28 | 4,143 | 4,143 | S/L | 5.0000 | ||||
| DESK JET PRINTER | 1997-07-07 | 376 | 376 | S/L | 5.0000 | ||||
| ZIP DRIVE | 1997-08-06 | 224 | 224 | S/L | 5.0000 | ||||
| XEROX COPIER | 1997-11-21 | 1,270 | 1,270 | S/L | 5.0000 | ||||
| COMPAQ COMPUTER | 1997-12-17 | 1,020 | 1,020 | S/L | 5.0000 | ||||
| COMPUTER UPGRADE | 1998-02-04 | 545 | 545 | S/L | 5.0000 | ||||
| COMPUTER | 1998-02-18 | 1,675 | 1,675 | S/L | 5.0000 | ||||
| COMPUTER | 2001-12-31 | 998 | 998 | S/L | 5.0000 | ||||
| FAX MACHINE | 2002-06-17 | 244 | 244 | S/L | 5.0000 | ||||
| LASER PRINTER | 2002-12-31 | 877 | 877 | S/L | 5.0000 | ||||
| MACINTOSH COMPUTER | 2003-07-01 | 1,800 | 1,800 | S/L | 5.0000 | ||||
| APPLE I-BOOK LAPTOP | 2003-07-01 | 2,100 | 2,100 | S/L | 5.0000 | ||||
| LASER PRINTER | 2003-07-01 | 600 | 600 | S/L | 5.0000 | ||||
| PALM PILOT | 2003-07-01 | 500 | 500 | S/L | 5.0000 | ||||
| EQUIPMENT | 2005-07-01 | 1,357 | 1,357 | S/L | 5.0000 | ||||
| STORAGE SHED | 2006-02-15 | 3,780 | 3,611 | 200DB | 7.0000 | 169 | |||
| HEATING/AC UNIT | 2012-06-30 | 3,587 | 2,152 | 200DB | 5.0000 | 574 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| KING MINERALS LLC INVESTMENT | 360 | 360 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE, FIXTURES & EQUIPMENT | 26,286 | 25,425 | 861 | 4,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| AUTOMOBILE EXPENSE | 246 | 197 | ||
| BANK CHARGES | 605 | 484 | ||
| CONSULTING / CONTRACT LABOR | 2,013 | 1,610 | ||
| OFFICE SUPPLIES | 72 | 57 | ||
| POSTAGE | 439 | 351 | ||
| PROGRAM EXPENSE | 80,825 | 80,825 | ||
| TELEPHONE | 18 | 14 | ||
| PRINTING | 13 | 10 | ||
| STORAGE | 850 | 680 | ||
| COMPUTER/WEBSITE EXPENSE | 5,284 | 4,227 | ||
| BUSINESS MEALS | 2,323 | |||
| INTEREST EXPENSE | 253 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| BOOK SALES | 3,208 | 3,208 |
| Name | Address |
|---|---|
| GARRY ARD |
3164 OVERHILL ROAD BIRMINGHAM,AL35223 |
| CRAIG BEATTY |
22 PINE CREST ROAD BIRMINGHAM,AL35223 |