| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 15,000 | 0 | 15,000 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE | 2006-02-03 | 4,525 | 4,525 | 200DB | 7.000000000000 | 0 | 0 | ||
| FURNITURE | 2006-02-03 | 4,284 | 4,284 | 200DB | 7.000000000000 | 0 | 0 | ||
| OFFICE EQUIPMENT | 2006-09-06 | 2,422 | 2,422 | 200DB | 5.000000000000 | 0 | 0 | ||
| OFFICE EQUIPMENT | 2006-09-06 | 8,327 | 8,327 | 200DB | 5.000000000000 | 0 | 0 | ||
| OFFICE EQUIPMENT | 2006-09-11 | 2,197 | 2,197 | 200DB | 5.000000000000 | 0 | 0 | ||
| COMPUTER | 2006-12-02 | 8,356 | 8,356 | 200DB | 5.000000000000 | 0 | 0 | ||
| LAPTOP | 2010-02-02 | 1,518 | 1,256 | 200DB | 5.000000000000 | 105 | 0 | ||
| OFFICE EQUIPMENT | 2011-04-01 | 219 | 156 | 200DB | 5.000000000000 | 25 | 0 | ||
| OFFICE EQUIPMENT | 2011-10-03 | 1,191 | 849 | 200DB | 5.000000000000 | 137 | 0 | ||
| COMPUTER | 2012-06-30 | 515 | 163 | SL | 5.000000000000 | 103 | 0 | ||
| COMPUTER 2013 | 2013-05-01 | 3,816 | 381 | SL | 5.000000000000 | 763 | 0 | ||
| LEASEHOLD IMPROVEMENTS | 2006-12-02 | 9,175 | 1,833 | SL | 39.000000000000 | 236 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FURNITURE | 4,525 | 4,525 | 0 | |
| FURNITURE | 4,284 | 4,284 | 0 | |
| OFFICE EQUIPMENT | 2,422 | 2,422 | 0 | |
| OFFICE EQUIPMENT | 8,327 | 8,327 | 0 | |
| OFFICE EQUIPMENT | 2,197 | 2,197 | 0 | |
| COMPUTER | 8,356 | 8,356 | 0 | |
| LAPTOP | 1,518 | 1,361 | 157 | |
| OFFICE EQUIPMENT | 219 | 181 | 38 | |
| OFFICE EQUIPMENT | 1,191 | 986 | 205 | |
| COMPUTER | 515 | 266 | 249 | |
| COMPUTER 2013 | 3,816 | 1,144 | 2,672 | |
| LEASEHOLD IMPROVEMENTS | 9,175 | 2,069 | 7,106 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 8,000 | 0 | 8,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EQUIPMENT LEASING | 459 | 0 | 459 | |
| STUDENT SERVICES | 8,779 | 0 | 8,779 | |
| INSURANCE EXPENSE | 1,584 | 0 | 1,584 | |
| OFFICE EXPENSES | 2,437 | 0 | 2,437 | |
| SCHOLARSHIP PROGRAM SERVICES | 10,110 | 0 | 10,110 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AIS INTERNET SOLUTIONS | 322 | 0 | 322 | |
| PAYROLL PROCESSING FEES | 2,388 | 0 | 2,388 |