| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 15,469 | 0 | 3,094 | 12,375 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| EQUIPMENT | 2010-12-31 | 1,361 | 1,361 | SL | 5.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 2011-12-31 | 33,903 | 19,096 | SL | 5.000000000000 | 6,781 | 0 | 6,781 | |
| EQUIPMENT | 2012-12-31 | 4,815 | 1,926 | SL | 5.000000000000 | 963 | 0 | 963 | |
| EQUIPMENT | 2013-12-31 | 5,552 | 544 | SL | 5.000000000000 | 1,110 | 0 | 1,110 | |
| EQUIPMENT | 2014-12-31 | 2,825 | SL | 5.000000000000 | 565 | 0 | 565 | ||
| NEW 2015 DODGE DURANGO | 2015-10-06 | 42,009 | SL | 5.000000000000 | 2,100 | 0 | 2,100 | ||
| PRODUCTION EQUIPMENT - VIDEO/ESPN | 2015-04-30 | 8,885 | SL | 5.000000000000 | 1,185 | 0 | 1,185 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 1,361 | 1,361 | 0 | 0 |
| EQUIPMENT | 33,903 | 25,877 | 8,026 | 8,026 |
| EQUIPMENT | 4,815 | 2,889 | 1,926 | 1,926 |
| EQUIPMENT | 5,552 | 1,654 | 3,898 | 3,898 |
| EQUIPMENT | 2,825 | 565 | 2,260 | 2,260 |
| NEW 2015 DODGE DURANGO | 42,009 | 2,100 | 39,909 | 39,909 |
| PRODUCTION EQUIPMENT - VIDEO/ESPN | 8,885 | 1,185 | 7,700 | 7,700 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ORGANIZATIONAL COSTS | 1,977 | 1,818 | 1,818 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 4,212 | 0 | 421 | 3,791 |
| WEBSITE MAINTENANCE & OPERATING COSTS | 977 | 0 | 0 | 977 |
| FED EXPRESS & POSTAGE | 9,508 | 0 | 1,902 | 7,606 |
| SPONSORSHIPS | 5,750 | 0 | 575 | 5,175 |
| TOURNAMENT HOSTING & WEBCASTING | 607,276 | 0 | 0 | 607,276 |
| ADVERTISING AND PROMOTION | 10,442 | 0 | 5,221 | 5,221 |
| OFFICE EXPENSES | 11,199 | 0 | 2,239 | 8,960 |
| INSURANCE | 15,261 | 0 | 0 | 15,261 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| TOURNAMENT ENTRIES | 5,279 | 5,279 | |
| HOST/WEBCASTING FEES | 51,342 | 51,342 | |
| ACCESS FEES & OTHER | 26,948 | 26,948 |
| Description | Amount |
|---|---|
| PRIOR PERIOD ADJUSTMENT | 4,838 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 13,454 | 0 | 2,691 | 10,763 |