| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| JIM GAY, CPA ACCOUNTING & TAX | 1,175 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| NEW ROOF FACE | 2009-11-01 | 115,553 | 15,185 | SL | 39.00 | 2,963 | |||
| AIR CONDITIONERS | 2009-03-03 | 34,480 | 15,138 | 150DB | 15.00 | 2,036 | |||
| ROOF-2010 | 2010-05-10 | 76,400 | 9,060 | SL | 39.00 | 1,959 | |||
| AIR CONDITIONER-2010 | 2010-10-10 | 14,000 | 3,849 | SL | 15.00 | 933 | |||
| REMODELING & SUBDIVIDING | 2011-12-31 | 198,659 | 15,494 | SL | 39.00 | 5,094 | |||
| Buildout-Remax 574 Richie HWY | 2012-06-22 | 16,000 | 1,042 | SL | 39.00 | 410 | |||
| 2013 NEW ROOF | 2013-11-09 | 94,970 | 2,739 | SL | 39.00 | 2,435 | |||
| 2014 NEW ROOF | 2014-06-23 | 85,350 | 1,185 | SL | 39.00 | 2,188 | |||
| PARKING LOT PAVING | 2014-06-15 | 42,739 | 2,137 | 150DB | 15.00 | 4,060 | |||
| 1331 CITIZENS PKWY, MORROW, GA | 2015-12-31 | 200,000 | SL | 39.00 | 155 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 314 | |||
| INSURANCE | 16,855 | |||
| MAINT & REPAIRS | 1,444 | |||
| MANAGEMENT FEES | 14,618 | |||
| LANDSCAPING | 855 | |||
| ANNUAL REPORT FILING | 61 | |||
| SNOW REMOVAL | 11,195 | |||
| TENANT IMPROVEMENT ALLOWANCE | 15,000 | |||
| UTILITIES | 11,959 | |||
| PRINTING | 215 | |||
| SECRETARIAL | 4,400 | |||
| BANNERS | 271 | |||
| LOT CLEANING | 4,800 | |||
| PROPERTY TAXES | 55,276 | |||
| CATERING | 338 | |||
| TELEPHONE | 1,659 | |||
| CREDIT CARDS | 24,161 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MORGAN STANLEY ADVISORY FEES | 13,990 | 13,990 | ||
| O'MEARA PROPERTIES INC REALTOR COMMISSION | 23,420 | |||
| ATLANTA SOUTH COMMERCIAL PROPERTIES INC BROKER'S COMMISSION | 10,000 | |||
| CLOSING COSTS RECORDING FEES, ETC | 237 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INCOME TAX | 3,607 | |||
| FOREIGN TAX PAID | 152 |