| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 2,275 | 2,275 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| KILN | 2000-05-04 | 1,500 | 1,500 | S/L | 5.0000 | ||||
| POTTER'S WHEEL | 2000-09-08 | 595 | 595 | S/L | 5.0000 | ||||
| GAS KILN | 2000-09-12 | 750 | 750 | S/L | 5.0000 | ||||
| VARIOUS EQUIPMENT | 1995-03-31 | 1,320 | 1,320 | S/L | 5.0000 | ||||
| KILN | 1996-01-31 | 1,200 | 1,200 | S/L | 5.0000 | ||||
| TWO BINS | 1997-02-13 | 492 | 492 | S/L | 5.0000 | ||||
| ROLLING STANDS | 1997-02-13 | 325 | 325 | S/L | 5.0000 | ||||
| DRYING RACKS | 1997-02-13 | 200 | 200 | S/L | 5.0000 | ||||
| ALARM SYSTEM | 1997-02-23 | 479 | 479 | S/L | 5.0000 | ||||
| STOVE AND REFRIGERATOR | 1997-06-11 | 575 | 575 | S/L | 5.0000 | ||||
| POTTERS WHEEL | 1997-08-22 | 1,250 | 1,250 | S/L | 5.0000 | ||||
| SLAT ROLLER | 1997-11-17 | 149 | 149 | S/L | 5.0000 | ||||
| COMPUTER | 1998-12-16 | 390 | 390 | S/L | 3.0000 | ||||
| KILN | 1998-08-28 | 3,532 | 3,532 | S/L | 7.0000 | ||||
| OFFICE CHAIR | 1998-01-21 | 382 | 382 | S/L | 5.0000 | ||||
| PROJECTOR SCREEN | 1999-09-06 | 550 | 550 | S/L | 5.0000 | ||||
| LEASEHOLD IMPROVEMENTS | 2010-08-01 | 900 | 78 | S/L | 39.0000 | 23 | |||
| ADJUSTMENT | 9 | ||||||||
| LEASEHOLD IMPROVEMENTS | 2012-09-30 | ||||||||
| LEASEHOLD IMPROVEMENT | 2012-09-30 | 1,075 | S/L | 15.0000 | 72 | ||||
| LEASHOLD IMPROVEMENTS | 2012-09-30 | 85 | S/L | 15.0000 | 6 | ||||
| LEASEHOLD IMPROVEMENTS | 2012-12-31 | 250 | 150DB | 15.0000 | 25 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 15,999 | 13,938 | 2,061 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| CRAFT SUPPLIES | 8,732 | 8,732 | ||
| UTILITIES | 4,030 | 4,030 | ||
| REPAIRS AND MAINTENANCE | 491 | 491 | ||
| YELLOW PAGES | 724 | 724 | ||
| INSURANCE | 1,484 | 1,484 | ||
| BANK CHARGES | 88 | 88 | ||
| CONTRIBUTIONS | 175 | 175 | ||
| OFFICE SUPPLIES | 85 | 85 | ||
| MOVING | 2,600 | 2,600 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| CRAFT COURSES | 2,215 | 2,215 | |
| COURSES FOR OUTSIDE GROUPS | 7,575 | 7,575 | |
| FIRING & STUDIO | 4,182 | 4,182 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT OTHER PROFESSIONAL FEES | 20,898 | 20,898 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ANNUAL REPORT TO SECRETARY | 100 | 100 |