| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STATE ACCOUNTING SERVICE | 1,450 | 0 | 1,450 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| ALL DEPRECIATED EQUIPMENT | 2004-04-27 | 45,033 | 45,033 | SL | 7.0 | 0 | 0 | 0 | |
| 2 BUSES | 2009-07-27 | 24,861 | 22,374 | SL | 5.0 | 2,487 | 0 | 0 | |
| LEASHOLD IMPROVEMENTS | 1991-07-29 | 1,975 | 1,427 | SL | 31.0 | 64 | 0 | 0 | |
| AIR CONDITIONING | 1992-04-01 | 5,000 | 3,491 | SL | 31.0 | 161 | 0 | 0 | |
| PARSONAGE IMPROVEMENTS | 1992-06-11 | 9,536 | 6,605 | SL | 31.0 | 308 | 0 | 0 | |
| PARSONAGE AC | 1993-05-18 | 1,560 | 970 | SL | 31.5 | 50 | 0 | 0 | |
| BOILER | 1994-02-23 | 3,701 | 1,863 | SL | 31.5 | 117 | 0 | 0 | |
| PARSONAGE ROOM ADDITION | 1995-07-25 | 15,862 | 7,406 | SL | 39.0 | 407 | 0 | 0 | |
| ASPHALT | 1997-09-04 | 3,785 | 3,785 | SL | 15.0 | 0 | 0 | 0 | |
| FLOOR COVERING | 2002-05-01 | 9,419 | 7,550 | SL | 10.0 | 0 | 0 | 0 | |
| IMPROVEMENTS | 2002-06-14 | 5,355 | 3,196 | SL | 15.0 | 357 | 0 | 0 | |
| REPAVING | 2003-06-25 | 3,909 | 2,736 | SL | 15.0 | 261 | 0 | 0 | |
| NEW FURNACE | 2004-04-01 | 5,799 | 3,673 | SL | 15.0 | 387 | 0 | 0 | |
| NEW CARPET | 2004-06-09 | 1,313 | 1,247 | SL | 10.0 | 66 | 0 | 0 | |
| WINDOWS | 2005-10-17 | 3,863 | 1,643 | SL | 20.0 | 193 | 0 | 0 | |
| NEW FURNACE | 2005-02-09 | 2,000 | 850 | SL | 20.0 | 100 | 0 | 0 | |
| PARKING LOT PAVING SCHOOL | 2005-05-31 | 3,698 | 2,095 | SL | 15.0 | 247 | 0 | 0 | |
| SCHOOL ADDITION | 2007-07-01 | 488,341 | 78,846 | SL | 39.0 | 12,522 | 0 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CHARLES SCHWAB ACCT 2260 | 1,570,345 | 2,309,318 |
| CHARLES SCHWAB ACCT 2262 | 1,655,735 | 2,338,894 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 69,894 | 69,894 | 0 | 0 |
| IMPROVEMENTS | 76,775 | 51,255 | 25,520 | 25,520 |
| BUILDING ADDITION | 488,341 | 91,368 | 396,973 | 396,973 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| WORKERS COMP DEPOSIT | 128 | 128 | 128 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 207 | 0 | 0 | 207 |
| LICENSE AND PERMITS | 331 | 0 | 0 | 331 |
| MAINT AND REPAIR EQUIPMENT | 231 | 0 | 0 | 231 |
| OFFICE SUPPLIES | 985 | 0 | 0 | 985 |
| BOOKS AND SUPPLIES | 14,339 | 0 | 0 | 14,339 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| SCHOOL FEES AND REGISTRATIONS | 24,453 | 0 | 24,453 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CHARLES SCHWAB | 34,223 | 0 | 0 | 34,223 |
| PAYROLL SERVICES INC | 2,022 | 0 | 0 | 2,022 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAX INVESTMENT INCOME | 3,567 | 0 | 3,567 | 0 |
| FOREIGN TAX INVESTMENTS | 837 | 837 | 0 | 0 |