| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 45,229 | 7 | 45,229 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 2006 ASSETS | 2008-01-01 | 10,000 | 9,479 | 200DB | 7.0000 | 521 | 521 | ||
| 2006 5YR PROPERTY | 2008-01-01 | 6,391 | 6,391 | 200DB | 5.0000 | ||||
| 2006 7 YR PROPERTY | 2008-01-01 | 8,732 | 8,300 | 200DB | 7.0000 | 432 | 432 | ||
| 2007 OFFICE EQUIPMENT | 2008-01-01 | 20,064 | 20,064 | 200DB | 5.0000 | ||||
| 2007 OFFICE FURNISHING | 2008-01-01 | 7,114 | 6,797 | 200DB | 7.0000 | 317 | 317 | ||
| OFFICE EQUIPMENT | 2008-01-01 | 1,373 | 1,373 | 200DB | 5.0000 | ||||
| FURNISHING BALLARD DESIGN | 2008-01-01 | 1,174 | 1,122 | 200DB | 7.0000 | 52 | 52 | ||
| OFFICE FURNISHINGS | 2008-01-01 | 7,818 | 7,469 | 200DB | 7.0000 | 349 | 349 | ||
| FURNISHING STAR SALES | 2008-01-01 | 493 | 471 | 200DB | 7.0000 | 22 | 22 | ||
| FURNISHINGS BED & BATH | 2008-01-01 | 239 | 228 | 200DB | 7.0000 | 11 | 11 | ||
| FURNISHING BED & BATH | 2008-01-01 | 432 | 413 | 200DB | 7.0000 | 19 | 19 | ||
| FURNISHING BALLARD DESIGN | 2008-01-01 | 327 | 312 | 200DB | 7.0000 | 15 | 15 | ||
| FURNITURE ARRONS | 2008-01-01 | 694 | 663 | 200DB | 7.0000 | 31 | 31 | ||
| ALARM SYSTEM | 2008-01-01 | 3,000 | 3,000 | 200DB | 5.0000 | ||||
| ALARM SYSTEM | 2008-01-01 | 3,004 | 3,004 | 200DB | 5.0000 | ||||
| FURNISHING POTTERY BARN | 2008-01-01 | 1,049 | 1,002 | 200DB | 7.0000 | 47 | 47 | ||
| COMPUTERS | 2008-01-01 | 1,281 | 1,281 | 200DB | 5.0000 | ||||
| AMERICAN FURNITURE | 2008-01-01 | 3,167 | 3,026 | 200DB | 7.0000 | 141 | 141 | ||
| FURNISHING BED & BATH | 2008-01-01 | 430 | 411 | 200DB | 7.0000 | 19 | 19 | ||
| FURNISHING POTTERY BARN | 2008-01-01 | 306 | 292 | 200DB | 7.0000 | 14 | 14 | ||
| FURNISHING POTTERY BARN | 2008-01-01 | 642 | 613 | 200DB | 7.0000 | 29 | 29 | ||
| FURNITURE ARRONS | 2008-01-01 | 2,000 | 1,911 | 200DB | 7.0000 | 89 | 89 | ||
| COMPUTERS | 2008-01-01 | 3,000 | 3,000 | 200DB | 5.0000 | ||||
| COMPUTER EQUIPMENT | 2008-01-01 | 219 | 219 | 200DB | 5.0000 | ||||
| OFFICE EQUIPMENT | 2008-01-01 | 764 | 764 | 200DB | 5.0000 | ||||
| FURNITURE | 2008-01-18 | 750 | 717 | 200DB | 7.0000 | 33 | 33 | ||
| FURNITURE | 2008-02-11 | 754 | 720 | 200DB | 7.0000 | 34 | 34 | ||
| FURNITURE | 2008-05-12 | 534 | 511 | 200DB | 7.0000 | 23 | 23 | ||
| FURNITURE | 2008-08-07 | 800 | 764 | 200DB | 7.0000 | 36 | 36 | ||
| ELECTRONICS | 2008-09-05 | 1,654 | 1,654 | 200DB | 5.0000 | ||||
| FURNITURE | 2008-09-08 | 700 | 669 | 200DB | 7.0000 | 31 | 31 | ||
| COLOR LASER PRINTER | 2008-09-10 | 746 | 746 | 200DB | 5.0000 | ||||
| FURNITURE ARRONS | 2008-10-01 | 1,000 | 955 | 200DB | 7.0000 | 45 | 45 | ||
| OFFICE CHAIRS | 2008-10-03 | 400 | 382 | 200DB | 7.0000 | 18 | 18 | ||
| FURNITURE | 2008-10-09 | 703 | 671 | 200DB | 7.0000 | 32 | 32 | ||
| OFFICE EQUIPMENT | 2008-10-15 | 500 | 500 | 200DB | 5.0000 | ||||
| BROTHER MFC | 2008-12-08 | 521 | 521 | 200DB | 5.0000 | ||||
| APPLE COMPUTERS | 2009-07-16 | 1,963 | 1,963 | 200DB | 5.0000 | ||||
| SOFTWARE | 2009-07-18 | 373 | 373 | 200DB | 5.0000 | ||||
| OFFICE FURNITURE | 2010-07-12 | 1,000 | 768 | 200DB | 7.0000 | 88 | 88 | ||
| LEASEHOLD IMPROVEMENTS | 2010-11-01 | 18,898 | 6,302 | S/L | 15.0000 | 1,260 | 1,260 | ||
| CONSTRUCTION COSTS | 2011-10-13 | 6,058 | 781 | S/L | 15.0000 | 352 | 352 | ||
| REMODELING | 2012-11-09 | 18,938 | 11,047 | S/L | 15.0000 | 631 | 631 | ||
| 2012 JEEP CHEROKEE | 2012-07-31 | 41,155 | 18,323 | 200DB | 5.0000 | 1,875 | 1,875 | ||
| SECURITY SYSTEM | 2012-05-03 | 3,204 | 3,204 | S/L | 15.0000 | ||||
| 2013 MERCEDEZ BENZ | 2013-01-19 | 60,756 | 9,256 | 200DB | 5.0000 | 3,050 | 1 | 3,050 | |
| OFFICE REMODELING | 2013-11-05 | 48,921 | 26,906 | S/L | 15.0000 | 1,631 | 1,631 | ||
| NEW COMPUTERS | 2013-04-17 | 14,844 | 11,282 | 200DB | 5.0000 | 1,425 | 1 | 1,425 | |
| PHONE SYSTEM | 2014-01-01 | 16,632 | 9,979 | 200DB | 5.0000 | 2,661 | 1 | 2,661 | |
| PHOENIX OFFICE REMODEL | 2014-08-05 | 20,000 | 10,333 | S/L | 15.0000 | 667 | 667 | ||
| WINDOW TINTING | 2014-04-29 | 3,638 | 1,880 | S/L | 15.0000 | 121 | 121 | ||
| LEASEHOLD IMPROVEMENTS | 2014-11-03 | 16,799 | 8,680 | S/L | 15.0000 | 560 | 560 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| PRIOR ASSETS PURCHASED 2006 ( | 139,779 | 64,243 | 75,536 | 75,536 |
| LEASEHOLD IMPROVEMENTS | 136,456 | 74,354 | 62,102 | 62,102 |
| OFFICE EQUIPMENT PURCHASED 20 | 29,580 | 29,580 | ||
| OFFICE FURNISHINGS PURCHASED | 29,193 | 29,193 | ||
| PRIOR ASSETS PURCHASED 2006 | 10,000 | 10,000 | ||
| PRIOR ASSETS PURCHASED 2006 ( | 8,732 | 8,732 | ||
| OFFICE EQUIPMENT PURCHASED 20 | 4,585 | 4,585 | ||
| OFFICE FURNISHINGS PURCHASED | 4,241 | 4,241 | ||
| OFFICE EQUIPMENT PURCHASED 20 | 2,016 | 2,016 | ||
| OFFICE FURNISHINGS PURCHASED | 1,000 | 856 | 144 | 144 |
| OFFICE SOFTWARE PURCHASED 200 | 373 | 373 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 13,107 | 2 | 13,107 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DIRECTOR ADVANCEMENT | 8,636 | 8,636 | 8,636 |
| SECURITY DEPOSIT | 850 | 850 | 850 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADVERTISING | 11,548 | 2 | 11,548 | |
| BANK CHARGES | 3,227 | 1 | 3,227 | |
| CLIENT EXPENSES | 41,094 | 6 | 41,094 | |
| INSURANCE | 53,298 | 8 | 53,298 | |
| MEALS | 168 | 168 | ||
| OFFICE EXPENSE | 73,463 | 12 | 73,463 | |
| RENTAL EXPENSE | 17,670 | 3 | 17,670 | |
| REPAIRS & MAINTENANCE | 12,311 | 2 | 12,311 | |
| TELEPHONE | 41,617 | 7 | 41,617 | |
| UTILITIES | 20,168 | 3 | 20,168 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| NM STATE & VA REVENUE | 609,202 | 609,202 | |
| PRIVATE INCOME | 1,317,763 | 1,317,763 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| NM BANK & TRUST | 49,969 | 47,541 |
| ACCRUED EXPENSES | 8,876 | 3,117 |
| LINE OF CREDIT | 17,654 | 62,012 |
| GARNISHMENT PAYABLE | 215 | |
| DUE TO CLIENTS | 6,784 | |
| VEHICLE LOANS | 52,901 | 12,303 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 2,644 | 2 | 2,644 | |
| CONTRACT LABOR | 51,584 | 6 | 51,584 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES AND LICENSE | 106,877 | 17 | 106,877 |