| 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 |
|---|
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| ORGANIZATION COSTS | 2,311 | 2,311 |
| Description | Amount |
|---|---|
| 2014 AUDITOR REPORT ACCRUED EXPENSES | 8,577 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BUSINESS MANAGEMENT | 9,814 | |||
| EVENTS PLANNING&EXECUTION FEES | 91,055 | 69,585 | ||
| ENTERTAINMENT | 28,882 | 28,882 | ||
| PROMOTION | 10,610 | 9,983 | ||
| INSURANCE | 1,910 | 685 | ||
| OFFICE SUPPLIES & EXPENSES | 4,328 | 1,386 | ||
| TELEPHONE | 488 | |||
| SECURITY | 4,528 | 4,528 | ||
| COMMISSIONS | 750 | 750 | ||
| RENT EQUIPMENT | 423 | 423 | ||
| TAX AND LICENSES | 25 | |||
| BASKETBALL COURT CONSTRUCTION | 70,373 | 70,373 | ||
| LEGAL FEE | 3,000 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FEDERAL TAX REFUND | |||
| HOOD MOVEMENT RENTAL INCOME |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO AFFILIATE - MELO ENTERP |