| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 30,522 | 0 | 0 | 30,522 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LEASEHOLD IMPROVEMENTS | 2014-10-01 | 45,204 | SL | 5.000000000000 | 4,375 | 0 | 4,375 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LEASEHOLD IMPROVEMENTS | 45,204 | 4,375 | 40,829 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 76,887 | 0 | 302 | 76,585 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| RESTRICTED CASH | 40,000 | 291,311 | 291,311 |
| COSTS AND ESTIMATED EARNINGS IN EXCESS OF BILLINGS | 710,087 | 511,853 | 511,853 |
| UNBILLED RECEIVABLES | 0 | 281,077 | 281,077 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TECHNOLOGY AND LICENSING FEES | 293,589 | 0 | 102,986 | 190,602 |
| SALES AND MARKETING | 59,372 | 0 | 0 | 59,372 |
| PAYROLL PROCESSING FEES | 80,634 | 0 | 32,419 | 48,216 |
| INSURANCE | 45,841 | 0 | 16,223 | 29,618 |
| OFFICE EXPENSE | 122,201 | 0 | 41,637 | 80,559 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| CONFIGURATION INCOME | 22,613 | 22,613 | |
| LICENSING AND HOSTING | 3,385,874 | 3,385,874 | |
| ENHANCEMENTS | 3,314,686 | 3,314,686 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PROGRAM RELATED REVOLVING CREDIT | 1,135,000 | 918,146 |
| BILLINGS IN EXCESS OF ESTIMATED EARNINGS | 7,817 | 125,204 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SOFTWARE DEVELOPMENT FEES | 1,557,902 | 0 | 834,419 | 723,483 |
| OTHER CONSULTING FEES | 713,505 | 0 | 80,780 | 632,726 |
| HOSTING AND OTHER TECHNOLOGY | 770,446 | 0 | 727,526 | 42,919 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 456,706 | 0 | 165,943 | 290,763 |