| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 785 | 785 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| COMPUTERS | 2012-03-15 | 6,913 | 3,917 | S/L | 5.0000 | 1,383 | |||
| FURNITURE | 2012-03-15 | 891 | 361 | S/L | 7.0000 | 127 | |||
| SOFTWARE | 2012-03-15 | 4,088 | 3,861 | S/L | 3.0000 | 227 | |||
| COMPUTERS & INSTALLATION | 2013-12-11 | 1,390 | 301 | S/L | 5.0000 | 278 | |||
| 2 TABLES | 2013-12-23 | 150 | 21 | S/L | 7.0000 | 22 | |||
| LAND | 2013-08-12 | 27,372 | |||||||
| LAND IMPROVEMENTS | 2013-10-15 | 6,329 | |||||||
| LAND IMPROVEMENTS | 2014-07-15 | 16,372 | |||||||
| SPORTS EQUIPMENT | 2014-07-15 | 582 | 58 | S/L | 5.0000 | 117 | |||
| COMPUTER EQUIPMENT | 2015-07-15 | 1,121 | S/L | 5.0000 | 112 | ||||
| DESKS & CHAIRS | 2015-05-10 | 497 | S/L | 7.0000 | 47 | ||||
| AIR CONDITIONERS | 2015-05-10 | 1,369 | S/L | 5.0000 | 183 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT, FURNITURE & SOFTWARE | 17,000 | 11,018 | 5,982 | |
| LAND | 50,073 | 50,073 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 5,004 | 5,004 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| SUPPLIES | 2,159 | 2,159 | ||
| BANK FEES & MISCELLANEOUS | 179 | 179 | ||
| TELEPHONE & INTERNET | 330 | 330 | ||
| REPAIRS & MAINTENANCE | 187 | 187 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| COMPUTER TECHNICIAN FEES | 1,950 | 1,950 | ||
| WEB DESIGN | 500 | 500 | ||
| COMPUTER INSTRUCTOR | 800 | 800 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PANAMA ANNUAL FEE | 400 | 400 | ||
| MA ANNUAL FEE | 53 | 53 |