| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Driveway | 2005-09-15 | 4,300 | 807 | 150DB | 15.00 | 466 | |||
| Landscaping | 2006-08-02 | 1,804 | 770 | 150DB | 15.00 | 122 | |||
| Improvements | 2006-07-31 | 2,283 | 356 | SL | 15.00 | 227 | |||
| Windows | 2006-05-22 | 6,272 | 1,077 | SL | 15.00 | 611 | |||
| Furnace | 2006-05-02 | 1,640 | 280 | SL | 15.00 | 160 | |||
| Zionsville House | 2005-09-01 | 266,771 | 39,867 | SL | 39.00 | 5,425 | |||
| Software & Printer | 2005-09-08 | 763 | 763 | 200DB | 5.00 | ||||
| Lawn Equipment | 2005-09-12 | 448 | 320 | SL | 10.00 | 51 | |||
| Office Furniture | 2005-11-22 | 1,311 | 938 | SL | 10.00 | 75 | |||
| Leather Couch & Chair | 2006-03-20 | 2,369 | 1,619 | SL | 10.00 | 107 | |||
| Security System | 2006-07-31 | 1,079 | 700 | SL | 10.00 | 108 | |||
| Desk-Bryan | 2005-03-27 | 3,259 | 2,254 | SL | 10.00 | 402 | |||
| Website 2005 | 2005-01-01 | 5,195 | 5,195 | SL | 5.00 | ||||
| Website 2006 | 2006-01-01 | 3,098 | 1,448 | SL | 15.00 | 194 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture & Fixtures | 5,548 | 4,598 | 950 | |
| Building | 211,880 | 45,292 | 166,588 | |
| Improvements | 16,299 | 4,876 | 11,423 | |
| Websites | 8,293 | 6,837 | 1,456 | |
| Land | 54,891 | 54,891 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Computer Software | 147 | 147 | 147 | 147 |
| Pay Pal fees | 19 | 19 | 19 | 19 |
| Office expense | 400 | 400 | 400 | 400 |
| Repairs | 284 | 284 | 284 | 284 |
| Subcontractor | 4,000 | 4,000 | 4,000 | 4,000 |
| Investment Expense | 4,810 | 4,810 | 4,810 | 4,810 |
| Miscellaneous | 240 | 240 | 240 | 240 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Just 1 Word operating loan | 37,725 | 37,725 | |
| Capital Gain Distribution | 25 | 25 | 25 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
Just 1 Word |
2,095,125 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Foreign Taxes Paid | 10 | 10 | 10 | 10 |