| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 1,500 | 1,500 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE FURNITURE AND FIXTURES | 2008-01-01 | 4,873 | 4,873 | S/L | 7.0000 | ||||
| WEBSITE DEVELOPMENT - BAKER WEBB | 2009-01-23 | 2,000 | 2,000 | 3.0000 | |||||
| INDUSTRIAL SIGN - LARRY'S SIGNS | 2009-02-06 | 2,424 | 2,048 | S/L | 7.0000 | 347 | 347 | ||
| CHAIR - VINCENT'S FURNITURE | 2009-06-09 | 738 | 588 | S/L | 7.0000 | 106 | 106 | ||
| CHECKOUT SYSTEM - INTUIT SOFTWARE | 2009-06-29 | 1,296 | 1,296 | S/L | 5.0000 | ||||
| LAND - 5 ACRES | 2009-07-02 | 31,000 | |||||||
| LEGAL FEES | 2009-07-03 | 275 | |||||||
| LAND IMPROVEMENT - MACHINE RENTAL | 2009-07-21 | 268 | 97 | S/L | 15.0000 | 18 | 18 | ||
| LAND IMPROVEMENTS - GRAVEL | 2009-07-23 | 412 | 149 | S/L | 15.0000 | 27 | 27 | ||
| FURNITURE - VINCENT'S FURNITURE | 2009-08-21 | 1,209 | 921 | S/L | 7.0000 | 173 | 173 | ||
| LAND IMPROVEMENTS - DIRT | 2009-09-04 | 1,445 | 514 | S/L | 15.0000 | 96 | 96 | ||
| CAMERA - WAL-MART | 2009-09-11 | 890 | 678 | S/L | 7.0000 | 127 | 127 | ||
| SHRINE | 2009-09-18 | 2,996 | 2,247 | S/L | 7.0000 | 428 | 428 | ||
| IRENN JALCUS ARTWORK | 2009-09-21 | 600 | 450 | S/L | 7.0000 | 86 | 86 | ||
| PA SYSTEM - BAKER TECHNOLOGIES | 2009-10-14 | 3,135 | 2,351 | S/L | 7.0000 | 448 | 448 | ||
| LAND SURVEY | 2009-10-19 | 278 | |||||||
| LAND IMPROVEMENT - MACHINE RENTAL | 2009-10-20 | 216 | 74 | S/L | 15.0000 | 15 | 15 | ||
| LAND IMPROVEMENTS - LABOR | 2009-11-16 | 3,839 | 1,301 | S/L | 15.0000 | 256 | 256 | ||
| LAND IMPROVEMENT - MACHINE RENTAL | 2009-12-21 | 132 | 44 | S/L | 15.0000 | 9 | 9 | ||
| FURNITURE | 2010-03-19 | 1,790 | 1,591 | 200DB | 7.0000 | 79 | 79 | ||
| WATER PURIFIER | 2010-03-24 | 4,003 | 3,556 | 200DB | 7.0000 | 179 | 179 | ||
| LAND | 2010-07-03 | 33,325 | |||||||
| VIDEO CAMERA | 2010-08-20 | 649 | 649 | 200DB | 7.0000 | ||||
| SHRINE | 2010-09-22 | 3,401 | 374 | S/L | 39.0000 | 87 | 87 | ||
| 20 X 30 STORAGE BLDG | 2010-12-19 | 13,821 | 1,432 | S/L | 39.0000 | 355 | 355 | ||
| 2012 DONATED ITEMS | 2012-11-25 | 17,100 | 17,100 | 200DB | 5.0000 | ||||
| CHURCH PEWS | 2013-03-01 | 620 | 430 | 200DB | 7.0000 | 54 | 54 | ||
| COMPUTER | 2013-03-04 | 468 | 356 | 200DB | 5.0000 | 44 | 44 | ||
| BUILDING IMPROVEMENTS | 2014-10-31 | 28,932 | 14,948 | S/L | 15.0000 | 965 | 965 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE FURNITURE AND FIXTURES | 97,257 | 63,966 | 33,291 | 33,291 |
| LAND | 64,878 | 64,878 | 64,878 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| CREDIT CARD PROCESSING | 4 | 4 | ||
| DUES AND SUBSCRIPTIONS | 17 | 17 | ||
| LABOR | 315 | 315 | ||
| MARKETING | ||||
| WEBSITE | 515 | 515 | ||
| BANK SERVICE CHARGE | 809 | 809 | ||
| ADVERTISING | 2,139 | 2,139 | ||
| LAYOUT & DESIGN | 2,860 | 2,860 | ||
| REPAIRS AND MAINTENANCE - GEN | 1,990 | 1,990 | ||
| POSTAGE AND P.O. BOX RENTAL | 2,575 | 2,575 | ||
| OFFICE SUPPLIES AND EQUIPMENT | 6,018 | 6,018 | ||
| RENT | ||||
| PROOFREADING | 175 | 175 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT OTHER PROFESSIONAL FEES | 70 | 70 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| SALES OF RELIGIOUS MATERIAL | 36,436 | 17,984 | 18,452 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT TAXES/LICENSES | 3,125 | 3,125 |