| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 1,500 | 1,500 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE FURNITURE AND FIXTURES | 2008-01-01 | 4,873 | 4,177 | S/L | 7.0000 | 696 | 696 | ||
| WEBSITE DEVELOPMENT - BAKER WEBB | 2009-01-23 | 2,000 | 2,000 | 3.0000 | |||||
| INDUSTRIAL SIGN - LARRY'S SIGNS | 2009-02-06 | 2,424 | 1,702 | S/L | 7.0000 | 346 | 346 | ||
| CHAIR - VINCENT'S FURNITURE | 2009-06-09 | 738 | 483 | S/L | 7.0000 | 105 | 105 | ||
| CHECKOUT SYSTEM - INTUIT SOFTWARE | 2009-06-29 | 1,296 | 1,166 | S/L | 5.0000 | 130 | 130 | ||
| LAND - 5 ACRES | 2009-07-02 | 31,000 | |||||||
| LEGAL FEES | 2009-07-03 | 275 | |||||||
| LAND IMPROVEMENT - MACHINE RENTAL | 2009-07-21 | 268 | 79 | S/L | 15.0000 | 18 | 18 | ||
| LAND IMPROVEMENTS - GRAVEL | 2009-07-23 | 412 | 121 | S/L | 15.0000 | 28 | 28 | ||
| FURNITURE - VINCENT'S FURNITURE | 2009-08-21 | 1,209 | 748 | S/L | 7.0000 | 173 | 173 | ||
| LAND IMPROVEMENTS - DIRT | 2009-09-04 | 1,445 | 417 | S/L | 15.0000 | 97 | 97 | ||
| CAMERA - WAL-MART | 2009-09-11 | 890 | 551 | S/L | 7.0000 | 127 | 127 | ||
| SHRINE | 2009-09-18 | 2,996 | 1,819 | S/L | 7.0000 | 428 | 428 | ||
| IRENN JALCUS ARTWORK | 2009-09-21 | 600 | 364 | S/L | 7.0000 | 86 | 86 | ||
| PA SYSTEM - BAKER TECHNOLOGIES | 2009-10-14 | 3,135 | 1,904 | S/L | 7.0000 | 447 | 447 | ||
| LAND SURVEY | 2009-10-19 | 278 | |||||||
| LAND IMPROVEMENT - MACHINE RENTAL | 2009-10-20 | 216 | 60 | S/L | 15.0000 | 14 | 14 | ||
| LAND IMPROVEMENTS - LABOR | 2009-11-16 | 3,839 | 1,045 | S/L | 15.0000 | 256 | 256 | ||
| LAND IMPROVEMENT - MACHINE RENTAL | 2009-12-21 | 132 | 35 | S/L | 15.0000 | 9 | 9 | ||
| FURNITURE | 2010-03-19 | 1,790 | 1,511 | 200DB | 7.0000 | 80 | 80 | ||
| WATER PURIFIER | 2010-03-24 | 4,003 | 3,378 | 200DB | 7.0000 | 178 | 178 | ||
| LAND | 2010-07-03 | 33,325 | |||||||
| VIDEO CAMERA | 2010-08-20 | 649 | 649 | 200DB | 7.0000 | ||||
| SHRINE | 2010-09-22 | 3,401 | 287 | S/L | 39.0000 | 87 | 87 | ||
| 20 X 30 STORAGE BLDG | 2010-12-19 | 13,821 | 1,078 | S/L | 39.0000 | 354 | 354 | ||
| 2012 DONATED ITEMS | 2012-11-25 | 17,100 | 17,100 | 200DB | 5.0000 | ||||
| CHURCH PEWS | 2013-03-01 | 620 | 354 | 200DB | 7.0000 | 76 | 76 | ||
| COMPUTER | 2013-03-04 | 468 | 281 | 200DB | 5.0000 | 75 | 75 | ||
| BUILDING IMPROVEMENTS | 2014-10-31 | 28,932 | S/L | 15.0000 | 14,948 | 14,948 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE FURNITURE AND FIXTURES | 97,257 | 60,067 | 37,190 | 37,189 |
| LAND | 64,878 | 64,878 | 64,877 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT LEGAL FEES | 1,275 | 1,275 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| CREDIT CARD PROCESSING | 223 | 223 | ||
| DUES AND SUBSCRIPTIONS | 399 | 399 | ||
| DONATION | 50 | 50 | ||
| MARKETING | 684 | 684 | ||
| WEBSITE | 617 | 617 | ||
| BANK SERVICE CHARGE | 1,435 | 1,435 | ||
| ADVERTISING | 1,136 | 1,136 | ||
| INSURANCE | 3,720 | 3,720 | ||
| REPAIRS AND MAINTENANCE - GEN | 4,102 | 4,102 | ||
| POSTAGE AND P.O. BOX RENTAL | 4,109 | 4,109 | ||
| OFFICE SUPPLIES AND EQUIPMENT | 5,629 | 5,629 | ||
| RENT | 2,000 | 2,000 | ||
| PROOFREADING | 765 | 765 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | 131 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT OTHER PROFESSIONAL FEES | 362 | 362 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| SALES OF RELIGIOUS MATERIAL | 30,842 | 5,747 | 25,095 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT TAXES/LICENSES | 3,118 | 3,118 |