| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 1,550 | 1,550 |
| Person Name | Explanation |
|---|---|
| JOHN PREISS | |
| TERESA PREISS |
| 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 | 3,481 | 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 | 1,356 | S/L | 7.0000 | 347 | 347 | ||
| CHAIR - VINCENT'S FURNITURE | 2009-06-09 | 738 | 378 | S/L | 7.0000 | 105 | 105 | ||
| CHECKOUT SYSTEM - INTUIT SOFTWARE | 2009-06-29 | 1,296 | 907 | 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 | 61 | S/L | 15.0000 | 19 | 19 | ||
| LAND IMPROVEMENTS - GRAVEL | 2009-07-23 | 412 | 94 | S/L | 15.0000 | 28 | 28 | ||
| FURNITURE - VINCENT'S FURNITURE | 2009-08-21 | 1,209 | 576 | S/L | 7.0000 | 172 | 172 | ||
| LAND IMPROVEMENTS - DIRT | 2009-09-04 | 1,445 | 321 | S/L | 15.0000 | 96 | 96 | ||
| CAMERA - WAL-MART | 2009-09-11 | 890 | 424 | S/L | 7.0000 | 127 | 127 | ||
| SHRINE | 2009-09-18 | 2,996 | 1,391 | S/L | 7.0000 | 428 | 428 | ||
| IRENN JALCUS ARTWORK | 2009-09-21 | 600 | 279 | S/L | 7.0000 | 85 | 85 | ||
| PA SYSTEM - BAKER TECHNOLOGIES | 2009-10-14 | 3,135 | 1,456 | S/L | 7.0000 | 448 | 448 | ||
| LAND SURVEY | 2009-10-19 | 278 | |||||||
| LAND IMPROVEMENT - MACHINE RENTAL | 2009-10-20 | 216 | 46 | S/L | 15.0000 | 14 | 14 | ||
| LAND IMPROVEMENTS - LABOR | 2009-11-16 | 3,839 | 789 | S/L | 15.0000 | 256 | 256 | ||
| LAND IMPROVEMENT - MACHINE RENTAL | 2009-12-21 | 132 | 26 | S/L | 15.0000 | 9 | 9 | ||
| FURNITURE | 2010-03-19 | 1,790 | 1,399 | 200DB | 7.0000 | 112 | 112 | ||
| WATER PURIFIER | 2010-03-24 | 4,003 | 3,128 | 200DB | 7.0000 | 250 | 250 | ||
| LAND | 2010-07-03 | 33,325 | |||||||
| VIDEO CAMERA | 2010-08-20 | 649 | 649 | 200DB | 7.0000 | ||||
| SHRINE | 2010-09-22 | 3,401 | 200 | S/L | 39.0000 | 87 | 87 | ||
| 20 X 30 STORAGE BLDG | 2010-12-19 | 13,821 | 724 | S/L | 39.0000 | 354 | 354 | ||
| 2012 DONATED ITEMS | 2012-11-25 | 17,100 | 17,100 | 200DB | 5.0000 | ||||
| CHURCH PEWS | 2013-03-01 | 620 | 200DB | 7.0000 | 354 | 354 | |||
| COMPUTER | 2013-03-04 | 468 | 200DB | 5.0000 | 282 | 282 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE FURNITURE AND FIXTURES | 68,325 | 41,309 | 27,016 | |
| LAND | 64,877 | 64,877 | 64,877 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT LEGAL FEES | 4,150 | 4,150 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| CREDIT CARD PROCESSING | 182 | 182 | ||
| DUES AND SUBSCRIPTIONS | 976 | 976 | ||
| DONATION | 750 | 750 | ||
| MARKETING | 2,170 | 2,170 | ||
| WEBSITE | 2,886 | 2,886 | ||
| BANK SERVICE CHARGE | 1,545 | 1,545 | ||
| ADVERTISING | 2,058 | 2,058 | ||
| INSURANCE | 1,131 | 1,131 | ||
| REPAIRS AND MAINTENANCE - GEN | 1,275 | 1,275 | ||
| POSTAGE AND P.O. BOX RENTAL | 2,908 | 2,908 | ||
| OFFICE SUPPLIES AND EQUIPMENT | 5,620 | 5,620 | ||
| RENT | 347 | 347 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | 164 | 131 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT OTHER PROFESSIONAL FEES | 1,221 | 1,221 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| SALES OF RELIGIOUS MATERIAL | 20,397 | 28,971 | -8,574 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT TAXES/LICENSES | 2,114 | 2,114 |