| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 1,100 | 0 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| PROPERTY | 2002-06-30 | 2,816,321 | L | 99.000000000000 | 0 | 0 | 0 | ||
| COMMERCIAL BUILDING | 2003-06-30 | 140,380 | 43,192 | SL | 39.000000000000 | 3,599 | 0 | 3,599 | |
| ATHLETIC FIELD & BUILDING | 2003-06-30 | 353,300 | 103,661 | SL | 39.000000000000 | 9,059 | 0 | 9,059 | |
| DORMATORY | 2003-06-30 | 340,000 | 104,616 | SL | 39.000000000000 | 8,718 | 0 | 8,718 | |
| VAN | 2005-06-30 | 15,250 | 15,250 | SL | 5.000000000000 | 0 | 0 | 0 | |
| BOYS HOME | 2006-06-30 | 50,000 | 11,538 | SL | 39.000000000000 | 1,282 | 0 | 1,282 | |
| LAND GRADING | 2006-06-30 | 112,539 | L | 39.000000000000 | 0 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| PROPERTY | 2,816,321 | 0 | 2,816,321 | 2,816,321 |
| COMMERCIAL BUILDING | 140,380 | 46,791 | 93,589 | 93,589 |
| ATHLETIC FIELD & BUILDING | 353,300 | 112,720 | 240,580 | 240,580 |
| DORMATORY | 340,000 | 113,334 | 226,666 | 226,666 |
| VAN | 15,250 | 15,250 | 0 | 0 |
| BOYS HOME | 50,000 | 12,820 | 37,180 | 37,180 |
| LAND GRADING | 112,539 | 0 | 112,539 | 112,539 |
| Description | Amount |
|---|---|
| LATE FILING PENALTIES | 1,958 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROGRAM EXPENSE | 36,037 | 0 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO BRYAN WHITENTON | 4,793 | 4,793 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 115 | 0 | 0 | 0 |