| 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 |
|---|---|---|---|---|---|---|---|---|---|
| EQUIPMENT | 2011-09-06 | 10,400 | 3,467 | S/L | 7.0000 | 1,485 | 1,485 | ||
| RANCH | 2012-05-31 | 2,210,237 | |||||||
| RANCH BUILDING AND IMPROVEMENTS | 2012-05-31 | 6,649 | 270 | S/L | 39.0000 | 170 | 170 | ||
| 2000 DODGE RAM TRUCK | 2012-05-24 | 11,684 | 2,643 | S/L | 7.0000 | 1,669 | 1,669 | ||
| HARROW | 2012-12-17 | 970 | 139 | S/L | 7.0000 | 138 | 138 | ||
| 1993 TURNBOW 2-HORSE TRAILER | 2012-05-26 | 2,500 | 792 | S/L | 5.0000 | 500 | 500 | ||
| 2007 SUNDOWNER 3-HORSE TRAILER | 2012-11-20 | 15,000 | 1,625 | S/L | 10.0000 | 1,500 | 1,500 | ||
| FLOORING | 2013-03-29 | 2,000 | 41 | S/L | 39.0000 | 51 | 51 | ||
| ISOLATION BARN | 2013-05-01 | 3,600 | 514 | 200DB | 7.0000 | 882 | 882 | ||
| MISTING SYSTEM | 2013-07-05 | 4,191 | 599 | 200DB | 7.0000 | 1,026 | 1,026 | ||
| PATIO FURNITURE | 2013-05-01 | 1,636 | 234 | 200DB | 7.0000 | 400 | 400 | ||
| INLAND KUBOTA TRACTOR 2014 | 2014-05-06 | 15,252 | 200DB | 7.0000 | 2,179 | 2,179 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 73,882 | 20,324 | 53,558 | 40,000 | |
| 2,210,237 | 2,210,237 | 2,300,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EVENTS | ||||
| PARTY FURNITURE AND EQUIPMENT | 20,091 | 20,091 | ||
| POSTAGE | 196 | 196 | ||
| DECORATIONS AND PRIZES | 1,437 | 1,437 | ||
| OTHER | 2,352 | 2,352 | ||
| EXPENSES | ||||
| ADMINISTRATIVE | 23,470 | 23,470 | ||
| AUTO, TRAILOR AND TRACTOR | 10,735 | 10,735 | ||
| BANK AND MERCHANT CHARGES | 11,285 | 11,285 | ||
| BUSINESS REGISTRATION FEES | ||||
| BOARDING AND TRAINING | 84,450 | 8,445 | 76,005 | |
| FARRIER | 8,875 | 888 | 7,987 | |
| INSURANCE | 1,610 | 1,610 | ||
| STABLE MAINTENANCE SERVICE | 130,500 | 13,050 | 117,450 | |
| SUPPLIES - FEED | 34,862 | 3,486 | 31,376 | |
| SUPPLIES - BEDDING | 58,765 | 5,876 | 52,889 | |
| SUPPLIES - HAY | 145,371 | 14,537 | 130,834 | |
| SUPPLIES - OTHER | 11,672 | 11,672 | ||
| VETERINARY | 43,743 | 43,743 | ||
| PRINTING AND POSTAGE | 2,500 | 2,500 | ||
| FUNDRAISING EVENTS | 702 | 702 | ||
| OTHER |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ADOPTION FEES | 15,500 | 15,500 | |
| EVENTS | 122,084 | 122,084 | |
| BOARDING | 22,295 | 22,295 | |
| DAY CARE | 8,420 | 8,420 | |
| TRAINING | 24,365 | 24,365 | |
| LESSONS | 600 | 600 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| MORTGAGE PAYABLE | 1,225,000 | 1,125,000 |
| PRIVATE MORTGAGE | 100,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EVENTS | 26,936 | 26,936 | ||
| INDIRECT OTHER PROFESSIONAL FEES | 26,596 | 26,596 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| FUNDRAISING MERCHANDISE | 16,134 | 19,674 | -3,540 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAX | 23,723 | 5,931 | 17,792 | |
| FEDERAL TAX | 5,816 | 5,816 | ||
| STATE TAX AND FEES | 3,098 | 3,098 |