Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| FORM 990-EZ, PART I, LINE 4 - RENTAL INCOME | KIND AND LOCATION OF PROPERTY: OFFICE BUILDING - 27087 OAKMEAD DRIVE. AMOUNT: 16,200. |
| FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME | DESCRIPTION: INTEREST INCOME. AMOUNT: 625. |
| FORM 990-EZ, PART I, LINE 14 | DESCRIPTION: DEPRECIATION. AMOUNT: 9,235. DESCRIPTION: OTHER EXPENSES. AMOUNT: 16,031. TOTAL TO FORM 990-EZ, LINE 14: 25,266. |
| FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES | DESCRIPTION: INSURANCE PERSONNEL, SURETY, OTHER. AMOUNT: 8,099. DESCRIPTION: BUILDING EXPENSE. AMOUNT: 3,544. DESCRIPTION: OTHER PROFESSIONAL FEES. AMOUNT: 1,060. DESCRIPTION: PER CAPITA DUES. AMOUNT: 1,825. DESCRIPTION: MISCELLANEOUS. AMOUNT: 697. DESCRIPTION: INTERNATIONAL DUES. AMOUNT: 286. DESCRIPTION: PAYROLL TAXES. AMOUNT: 2,241. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 736. DESCRIPTION: TELEPHONE. AMOUNT: 2,757. DESCRIPTION: OUT OF TOWN TRIPS. AMOUNT: 1,355. DESCRIPTION: DONATIONS. AMOUNT: 400. DESCRIPTION: BIBLES. AMOUNT: 382. TOTAL TO FORM 990-EZ, LINE 16: 23,382. |
| FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS | DESCRIPTION: DEPOSITS. BEG. OF YEAR AMOUNT: 115. END OF YEAR AMOUNT: 115. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 673. END OF YEAR AMOUNT: 416. |
| FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES | DESCRIPTION: PAYROLL TAXES WITHHELD. BEG. OF YEAR AMOUNT: 1,048. END OF YEAR AMOUNT: 1,280. DESCRIPTION: UNION DUES WITHHELD. BEG. OF YEAR AMOUNT: 45. END OF YEAR AMOUNT: 63. DESCRIPTION: 401(K) WITHHELD. BEG. OF YEAR AMOUNT: 173. END OF YEAR AMOUNT: 276. DESCRIPTION: RENT DEPOSIT. BEG. OF YEAR AMOUNT: 1,200. END OF YEAR AMOUNT: 1,200. |
| SCHEDULE O - FEDERAL ELECTIONS ADDITIONAL INFORMATION | REVENUE PROCEDURE 2015-20: TAXPAYER QUALIFIES AS A SMALL BUSINESS TAXPAYER AND THEREFORE CHOOSES NOT TO FILE FORM 3115 UNDER REVENUE PROCEDURE 2015-20. INSTEAD, TAXPAYER IS MAKING THE FOLLOWING ELECTIONS PROSPECTIVELY USING THE CUTOFF METHOD: -THE ROUTINE MAINTENANCE SAFE HARBOR UNDER REG. SEC. 1.263(A)-3(I) -THE MATERIALS AND SUPPLIES DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F) -THE SAFE HARBOR ELECTION FOR BUILDING IMPROVEMENTS UNDER REG. SEC. 1.263(A)-3(H) FOR THE FOLLOWING BUILDING PROPERTY(S): 27087 OAKMEAD DRIVE, PERRYSBURG, OH 43551. CAPITALIZATION POLICY: IT IS THE TAXPAYER'S POLICY TO CAPITALIZE ASSETS THAT COST $500.00 OR MORE. ALL CAPITALIZED ASSETS WILL BE DEPRECIATED IN ACCORDANCE WITH THE TAXPAYER'S DEPRECIATION POLICY. ASSETS THAT COST LESS THAN $500.00 WILL BE EXPENSED IN THE PERIOD PURCHASED. AMOUNTS PAID FOR ASSETS WITH AN ESTIMATED USEFUL LIFE OF 12 MONTHS OR LESS WITH A VALUE OF $500.00 OR LESS ARE EXPENSED IN THE PERIOD PURCHASED AS WELL. MANAGEMENT WILL PERIODICALLY REVIEW THESE LEVELS AND MAKE MODIFICATIONS AS NECESSARY. |
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