| Person Name | Explanation |
|---|---|
| MARIE P JOSEPH | NO COMPENSATION |
| SAMUEL JOSEPH | NO COMPENSATION |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 2009-06-01 | 164,884 | 13,776 | SL | 39 | 4,228 | 0 | 0 | |
| BUILDING-1 | 2012-07-01 | 11,526 | 431 | SL | 39 | 296 | 0 | 0 | |
| TRUCKS | 2010-07-01 | 17,339 | 7,431 | SL | 7 | 2,477 | 0 | 0 | |
| FURNITURE | 2012-07-01 | 2,833 | 850 | SL | 5 | 567 | 0 | 0 | |
| BUILDING-C | 2013-01-01 | 39,946 | 981 | SL | 39 | 1,024 | 0 | 0 | |
| FURNITURE FIXTURE | 2013-01-01 | 2,283 | 228 | SL | 5 | 457 | 0 | 0 | |
| BUILDING-2 | 2014-07-01 | 20,812 | 0 | SL | 39 | 245 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 5,000 | 0 | 5,000 | 0 |
| BUILDING | 164,884 | 0 | 164,884 | 0 |
| TRUCK | 17,339 | 0 | 17,339 | 0 |
| FURNITURES & FIXTURES | 2,833 | 0 | 2,833 | 0 |
| BUILDING-B | 11,526 | 0 | 11,526 | 0 |
| BUILDING-2 | 20,812 | 0 | 20,812 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SALARY AND WAGES | 8,000 | 0 | 0 | 0 |
| FOOD FOR CHILDREN | 650 | 0 | 0 | 0 |
| SCHOOL SUPPLIES | 3,920 | 0 | 0 | 0 |
| HONORARY FEES | 575 | 0 | 0 | 0 |
| TELEPHONE | 1,032 | 0 | 0 | 0 |
| ACCOUNTING FEES | 650 | 0 | 0 | 0 |
| BANK FEES | 175 | 0 | 0 | 0 |
| STIPENDS | 1,350 | 0 | 0 | 0 |
| POSTAGE | 159 | 0 | 0 | 0 |
| LEGAL FEES | 2,898 | 0 | 0 | 0 |
| DONATION | 450 | 0 | 0 | 0 |
| AUTOMOBILE EXPENSE | 1,021 | 0 | 0 | 0 |