| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 27,200 | 5,440 | 19,040 |
| 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 COMPUTERS | 2009-12-31 | 10,099 | 10,099 | SL | 5.000000000000 | 0 | 0 | ||
| COMPUTER | 2012-01-27 | 603 | 352 | SL | 5.000000000000 | 121 | 0 | ||
| PRINTER/COPIER | 2012-04-09 | 325 | 179 | SL | 5.000000000000 | 65 | 0 | ||
| CONFERENCE PHONE | 2012-12-19 | 588 | 236 | SL | 5.000000000000 | 118 | 0 | ||
| TV | 2013-02-26 | 875 | 321 | SL | 5.000000000000 | 175 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT IN DANCO PROGRAM RELATED | AT COST | 233,226 | 233,226 |
| INVESTMENT IN PARTNERSHIPS | AT COST | 534,558 | 525,483 |
| INVESTMENT IN BOND FUNDS | AT COST | 7,830,555 | 7,234,413 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE FURNITURE AND COMPUTERS | 10,099 | 10,099 | 0 | |
| COMPUTER | 603 | 473 | 130 | |
| PRINTER/COPIER | 325 | 244 | 81 | |
| CONFERENCE PHONE | 588 | 354 | 234 | |
| TV | 875 | 496 | 379 |
| Description | Amount |
|---|---|
| FEDERAL TAX | 9,285 |
| NON DEDUCTIBLE DANCO | 6,701 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TELEPHONE | 7,295 | 0 | 7,295 | |
| INTERNET | 3,737 | 0 | 3,737 | |
| POSTAGE AND DELIVERY | 3,483 | 0 | 3,483 | |
| INSURANCE | 4,640 | 0 | 4,640 | |
| MEALS | 4,969 | 0 | 4,969 | |
| OFFICE EXPENSE | 24,646 | 0 | 24,646 | |
| LEAF DEDUCTIONS RELATED TO PORTFOLIO | 8,150 | 8,150 | 0 | |
| PAYROLL PROCESSING | 3,945 | 0 | 3,945 | |
| REPAIRS / MAINTENANCE | 172 | 0 | 172 | |
| INVESTMENT SERVICE FEES | 44,410 | 44,410 | 0 | |
| LICENSE | 443 | 0 | 443 | |
| CHARITABLE EVENTS | 2,554 | 0 | 2,554 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| PROGRAM RELATED INVESTMENT DANCO | 61,762 | 61,762 | 61,762 |
| SWAP LOSS | -182 | -182 | -182 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER TAXES | 306 | 480 | -174 | |
| PAYROLL TAXES | 20,360 | 927 | 19,433 | |
| STATE TAXES | 648 | 648 | 0 |