| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| Professional Fees | 2002-01-01 | 3,000 | 2,300 | 15 | 200 | 2,500 | ||
| Architect | 2002-01-01 | 3,424 | 2,622 | 15 | 228 | 2,850 | ||
| Professional Fees | 2003-07-18 | 400 | 267 | 15 | 27 | 294 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Family Center Home | 2001-07-01 | 349,119 | 107,053 | 87 | 2.56 % | 8,951 | |||
| Renovation | 2002-01-01 | 99,305 | 29,175 | 87 | 2.56 % | 2,546 | |||
| Renovation | 2003-01-01 | 623 | 167 | 87 | 2.56 % | 16 | |||
| Renovation | 2004-01-01 | 40,027 | 9,705 | 87 | 2.56 % | 1,026 | |||
| Roofing | 2005-08-05 | 17,902 | 3,615 | 87 | 2.56 % | 459 | |||
| Furnace | 2008-03-03 | 1,870 | 823 | 66 | 5.90 % | 110 | |||
| Windows | 2010-11-11 | 14,387 | 3,316 | 66 | 7.70 % | 1,108 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 3,831 | 3,831 | ||
| Buildings | 506,976 | 162,713 | 344,263 | |
| Improvements | 16,257 | 5,357 | 10,900 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Net Intangible Assets | 1,635 | 1,180 |
| Description | Amount |
|---|---|
| Meals & Entertainment 50% | 9 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Amortization | 455 | |||
| Changing Hearts Expenses | 2,824 | |||
| CIF | 663 | |||
| Dues and subscriptions | 7 | |||
| Fund Raising Expense' | 300 | |||
| Insurance | 4,116 | |||
| Landscaping | 498 | |||
| Meals & Entertainment 50% | 9 | |||
| Miscellaneous | 469 | |||
| Postage | 95 | |||
| Program Fees | 17,326 | |||
| Repairs | 2,175 | |||
| Supplies | 229 | |||
| Utilities | 5,566 | |||
| Website Maintenance | 144 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Changing Hearts Income | 2,151 | ||
| Facilties Rental | 2,890 | ||
| Fund Raising Income | 3,088 | ||
| Miscellaneous Income | 884 | ||
| Program Income | 8,553 |