| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 400 | 0 | 400 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| WEB SITE | 2015-11-09 | 3,442 | SL | 5.000000000000 | 115 | 0 | |||
| I PAD | 2015-04-27 | 508 | SL | 5.000000000000 | 68 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| WEB SITE | 3,442 | 115 | 3,327 | 3,442 |
| I PAD | 508 | 68 | 440 | 508 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 585 | 0 | 585 |
| Item No. | 1 |
|---|---|
| Lender's Name | ROBERT MCCRACKEN |
| Lender's Title | CEO |
| Original Amount of Loan | 425 |
| Balance Due | 425 |
| Date of Note | 2014-08 |
| Maturity Date | |
| Repayment Terms | NONE |
| Interest Rate | |
| Security Provided by Borrower | NONE |
| Purpose of Loan | FUND OPERATIONS |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| INTANGIBLE ASSETS | 2,500 | 2,500 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSE | 41 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| BERKSHIRE BANK CREDIT CARD | 0 | 3,452 |
| Name | Address |
|---|---|
| ROBERT MCCRACKEN |
344 BAUER RD SAND LAKE,NY12153 |