| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL & ACCOUNTING | 152 | 152 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| ARCHITECTS DRAWINGS | 1996-12-01 | 1,226 | 568 | SL | 39.000000000000 | 31 | 0 | ||
| HVAC UNIT | 1996-12-01 | 3,600 | 1,669 | SL | 39.000000000000 | 92 | 0 | ||
| CONSTRUCTION OF CHAPEL | 1996-12-01 | 22,235 | 10,310 | SL | 39.000000000000 | 570 | 0 | ||
| QUEEN OF LIFE BENCHES | 2006-10-09 | 6,700 | 6,700 | SL | 7.000000000000 | 0 | 0 | ||
| MONSTRANCE | 2012-11-16 | 17,500 | 5,208 | SL | 7.000000000000 | 2,500 | 0 | ||
| CARPET | 1996-12-01 | 6,892 | 6,892 | SL | 7.000000000000 | 0 | 0 | ||
| FURNISHINGS | 1996-12-01 | 1,063 | 1,063 | SL | 7.000000000000 | 0 | 0 | ||
| TABLE | 1996-12-01 | 1,375 | 1,375 | SL | 7.000000000000 | 0 | 0 | ||
| BENCHES | 1996-12-01 | 12,005 | 12,005 | SL | 7.000000000000 | 0 | 0 | ||
| KNEELERS | 1996-12-01 | 3,903 | 3,903 | SL | 7.000000000000 | 0 | 0 | ||
| STATIONS OF THE CROSS | 1997-02-19 | 22,065 | 22,065 | SL | 7.000000000000 | 0 | 0 | ||
| LOCK AND KNOBS FOR DOOR | 1997-07-03 | 501 | 501 | SL | 7.000000000000 | 0 | 0 | ||
| FURNISHINGS | 1997-01-07 | 1,561 | 1,561 | SL | 7.000000000000 | 0 | 0 | ||
| ARMOIRE | 1997-05-20 | 3,500 | 3,500 | SL | 7.000000000000 | 0 | 0 | ||
| CHAIR | 2001-01-15 | 862 | 862 | SL | 7.000000000000 | 0 | 0 | ||
| OAK KNEELERS | 2001-04-06 | 1,032 | 1,032 | SL | 7.000000000000 | 0 | 0 | ||
| MONSTRANCE | 2013-01-30 | 17,500 | 4,792 | SL | 7.000000000000 | 2,500 | 0 | ||
| PRIEST GARMENTS | 2013-01-01 | 4,230 | 1,208 | SL | 7.000000000000 | 0 | 0 | ||
| PROCESSIONAL CROSS | 2013-04-18 | 6,500 | 1,548 | SL | 7.000000000000 | 929 | 0 | ||
| CHURCH FURNISHINGS - LUCIANNO | 2014-05-30 | 48,046 | 4,004 | SL | 7.000000000000 | 6,864 | 0 | ||
| ORGAN | 2014-03-14 | 12,113 | 1,442 | SL | 7.000000000000 | 1,730 | 0 | ||
| BACARA CHAPEL | 2014-12-01 | 237,092 | 507 | SL | 39.000000000000 | 6,079 | 0 | ||
| DESKTOP - HS | 2015-01-19 | 1,163 | SL | 5.000000000000 | 213 | 0 | |||
| DESKTOP PACKAGE - HS | 2015-01-22 | 154 | SL | 5.000000000000 | 28 | 0 | |||
| PRIEST VESTMENTS | 2015-11-29 | 383 | SL | 7.000000000000 | 5 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| ARCHITECTS DRAWINGS | 1,226 | 599 | 627 | |
| HVAC UNIT | 3,600 | 1,761 | 1,839 | |
| CONSTRUCTION OF CHAPEL | 22,235 | 10,880 | 11,355 | |
| QUEEN OF LIFE BENCHES | 6,700 | 6,700 | 0 | |
| MONSTRANCE | 17,500 | 7,708 | 9,792 | |
| CARPET | 6,892 | 6,892 | 0 | |
| FURNISHINGS | 1,063 | 1,063 | 0 | |
| TABLE | 1,375 | 1,375 | 0 | |
| BENCHES | 12,005 | 12,005 | 0 | |
| KNEELERS | 3,903 | 3,903 | 0 | |
| STATIONS OF THE CROSS | 22,065 | 22,065 | 0 | |
| LOCK AND KNOBS FOR DOOR | 501 | 501 | 0 | |
| FURNISHINGS | 1,561 | 1,561 | 0 | |
| ARMOIRE | 3,500 | 3,500 | 0 | |
| CHAIR | 862 | 862 | 0 | |
| OAK KNEELERS | 1,032 | 1,032 | 0 | |
| MONSTRANCE | 17,500 | 7,292 | 10,208 | |
| PROCESSIONAL CROSS | 6,500 | 2,477 | 4,023 | |
| CHURCH FURNISHINGS - LUCIANNO | 48,046 | 10,868 | 37,178 | |
| ORGAN | 12,113 | 3,172 | 8,941 | |
| BACARA CHAPEL | 237,092 | 6,586 | 230,506 | |
| DESKTOP - HS | 1,163 | 213 | 950 | |
| DESKTOP PACKAGE - HS | 154 | 28 | 126 | |
| PRIEST VESTMENTS | 383 | 5 | 378 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CHAPEL SUPPLIES | 29,895 | 0 | 0 | |
| SHIPPING EXPENSE | 2,422 | 0 | 0 | |
| OFFICE SUPPLIES | 1,486 | 0 | 0 | |
| INTERNET EXPENSE | 409 | 0 | 0 | |
| BANK CHARGES | 593 | 0 | 0 | |
| MEALS | 17,390 | 0 | 0 | |
| OTHER CHAPEL SUPPLIES | 32,568 | 0 | 0 | |
| MISCELLANEOUS EXPENSE | 6,269 | 0 | 0 | |
| CLEANING | 1,236 | 0 | 0 | |
| ADVERTISING | 500 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| NOTE PAYABLE - TIM BUSCH | 30,187 | 0 |
| Name | Address |
|---|---|
| TIMOTHY BUSCH |
2532 DUPONT DRIVE IRVINE,CA92612 |
|
LENAWEE INVESTMENTS LLC |
2532 DUPONT DRIVE IRVINE,CA92612 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CA FILING FEE | 10 | 0 | 0 | |
| ATTORNEY GENERAL REGISTRY | 75 | 0 | 0 | |
| FEDERAL INVESTMENT EXCISE TAX | 2,424 | 0 | 0 | |
| TAXES - STATE | 3,158 | 0 | 0 |