| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING-TAX RETURN | 12,280 | 5,484 | 5,484 | 6,796 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| SERVER | 2006-01-25 | 2,283 | 2,283 | SL | 3 | ||||
| COMPUTER COMPONENT | 2006-07-06 | 173 | 173 | SL | 3 | ||||
| LAPTOP COMPUTER | 2006-07-20 | 1,448 | 1,448 | SL | 3 | ||||
| COMPUTER COMPONENT | 2007-01-17 | 271 | 271 | SL | 3 | ||||
| COMPUTER | 2007-01-30 | 1,448 | 1,448 | SLA | 3 | ||||
| PRINTER | 2007-03-15 | 271 | 271 | SL | 3 | ||||
| PRINTER | 2007-03-20 | 3,589 | 3,589 | SL | 3 | ||||
| SOFTWARE | 2007-10-22 | 1,193 | 1,193 | SL | 3 | ||||
| LAPTOP COMPUTER | 2008-01-17 | 2,085 | 2,085 | SL | 3 | ||||
| LAPTOP COMPUTER | 2008-02-19 | 3,367 | 3,367 | SL | 3 | ||||
| LAPTOP COMPUTER | 2008-04-25 | 1,110 | 1,110 | SL | 3 | ||||
| COMPUTER CABINET | 2008-05-05 | 2,249 | 2,249 | M3 | 3 | ||||
| FURNITURE | 2005-04-30 | 7,786 | 7,786 | SL | 7 | ||||
| ARMCHAIRS | 1974-12-01 | 1,000 | 1,000 | SL | 7 | ||||
| CONFERENCE TABLE | 2004-12-01 | 1,000 | 1,000 | SL | 7 | ||||
| BOOKCASE | 2006-12-01 | 307 | 264 | SL | 7 | 43 | |||
| LEATHER CHAIRS | 2006-12-01 | 2,800 | 2,400 | SL | 7 | 400 | |||
| BOOKCASE | 2006-01-25 | 444 | 443 | SL | 7 | 1 | |||
| TRACK LIGHTING | 2006-03-07 | 3,842 | 3,751 | SL | 7 | 91 | |||
| BOOKCASE | 2006-03-31 | 283 | 274 | SL | 7 | 9 | |||
| BOOKCASE | 2006-07-06 | 141 | 134 | SL | 7 | 7 | |||
| BOOKCASE | 2006-07-20 | 625 | 594 | SL | 7 | 31 | |||
| GUITAR | 2011-04-29 | 2,594 | 1,349 | M5 | 498 | ||||
| COMPUTER TABLET | 2013-11-20 | 751 | SL | 5 | 13 | ||||
| COMPUTER | 2013-12-25 | 2,929 | SL | 5 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CORPORATE STOCK | 10,073 | 10,073 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| SERVER | 2,283 | 2,283 | ||
| COMPUTER COMPONENT | 173 | 173 | ||
| LAPTOP COMPUTER | 1,448 | 1,448 | ||
| COMPUTER COMPONENT | 271 | 271 | ||
| COMPUTER | 1,448 | 1,448 | ||
| PRINTER | 271 | 271 | ||
| PRINTER | 3,589 | 3,589 | ||
| SOFTWARE | 1,193 | 1,193 | ||
| LAPTOP COMPUTER | 2,085 | 2,085 | ||
| LAPTOP COMPUTER | 3,367 | 3,367 | ||
| LAPTOP COMPUTER | 1,110 | 1,110 | ||
| COMPUTER CABINET | 2,249 | 2,249 | ||
| FURNITURE | 7,786 | 7,786 | ||
| ARMCHAIRS | 1,000 | 1,000 | ||
| CONFERENCE TABLE | 1,000 | 1,000 | ||
| BOOKCASE | 307 | 307 | ||
| LEATHER CHAIRS | 2,800 | 2,800 | ||
| BOOKCASE | 444 | 444 | ||
| TRACK LIGHTING | 3,842 | 3,842 | ||
| BOOKCASE | 283 | 283 | ||
| BOOKCASE | 141 | 141 | ||
| BOOKCASE | 625 | 625 | ||
| GUITAR | 2,594 | 1,847 | 747 | |
| COMPUTER TABLET | 751 | 13 | 738 | |
| COMPUTER | 2,929 | 2,929 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| RELIGIOUS ARTIFACTS | 22,656 | 22,656 | 22,656 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSE | 7,996 | 7,996 | ||
| IT SUPPORT | 3,426 | 3,426 | ||
| PROFESSIONAL DEVELOPMENT | 17,393 | 17,393 | ||
| TELEPHONE | 3,176 | 3,176 | ||
| INSURANCE | 1,006 | 1,006 | ||
| SECURITY | 987 | 987 | ||
| PAYROLL PROCESSING | 1,317 | 1,317 | ||
| FILING FEES | 60 | 60 | ||
| PROGRAM EXPENSE | 100,118 | 45,620 | 54,499 | |
| BOARD MEETING | 4,658 | 4,658 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MUSIC CONFERENCES | 27,016 | 27,016 | |
| CONSULTATION | 19,055 | 19,055 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| EMPLOYEE WITHHOLDING | 2,412 | 2,560 |
| Name of 501(c)(3) Organization | Balance Due |
|---|---|
|
POINT FINANCIAL INC |
264,710 |
|
POINT FINANCIAL INC |
211,768 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| SPIRITUAL MUSIC, DVDS AND BOOKS | 984 | 984 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE | 500 | 500 |