| 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 | 2006-02-01 | 1,469 | 1,469 | 200DB | 5.00 | ||||
| PRINTER | 2008-03-13 | 1,091 | 1,091 | 200DB | 5.00 | ||||
| LAPTOP COMPUTER | 2010-10-18 | 628 | 592 | 200DB | 5.00 | 36 | |||
| APPLE IPAD AIR 2 | 2015-03-10 | 609 | 200DB | 5.00 | 122 | ||||
| APPLE IPAD AIR | 2015-03-10 | 387 | 200DB | 5.00 | 77 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AVE MARIA MUTUAL FUNDS | 1,528,327 | 1,528,327 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE FURNITURE | 1,469 | 1,469 | ||
| PRINTER | 1,091 | 1,091 | ||
| LAPTOP COMPUTER | 628 | 628 | ||
| APPLE IPAD AIR 2 | 609 | 122 | 487 | |
| APPLE IPAD AIR | 387 | 77 | 310 |
| Description | Amount |
|---|---|
| UNREALIZED LOSS ON INVESTMENTS | 172,118 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTING AND PROMOTIONS | 10,134 | 10,134 | ||
| INSURANCE | 1,578 | 1,578 | ||
| UTILITY EXPENSE | 2,684 | 268 | 2,416 | |
| TELEPHONE EXPENSE | 4,331 | 455 | 3,876 | |
| SUPPLIES | 6,395 | 6,395 | ||
| CLIENT PROGRAMS | 6,948 | 6,948 | ||
| POSTAGE | 2,507 | 2,507 | ||
| BANK CHARGES | 187 | 187 | ||
| MISCELLANEOUS EXPENSE | 1,274 | 130 | 1,144 | |
| DUES & SUBSCRIPTIONS | 1,165 | 1,165 | ||
| AWARDS & BANQUETS | 3,557 | 3,557 | ||
| FUNDRAISING EXPENSE | 1,171 | 1,171 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAXES PAYABLE | 1,112 | 1,112 |
| PAYROLL TAXES PAYABLE | 1,112 | 1,112 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAXES PAYABLE | 1,112 | 1,112 |
| PAYROLL TAXES PAYABLE | 1,112 | 1,112 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES & LICENSES | 79 | 79 | ||
| PAYROLL TAXES | 2,760 | 2,760 | ||
| FEDERAL INCOME TAX | 1,035 | 1,035 |